Germany Is Dominating the European Energy Management System Market The global European energy management system market was valued at 11,222 million in 2022, and this number is projected to reach USD 30,257 million by 2030, advancing at a CAGR of 13.20% during 2022–2030, according to P&S Intelligence. The major factors driving the market are strict government rules and guidelines, electricity cost volatility, and the increasing acceptance of EMS in building automation. Furthermore, rapid industrialization, increasing economic development, and snowballing government steps toward electricity consumption are some other reasons boosting market growth. In 2022, the service category held the largest revenue share in the European energy management system market. This can be credited to the rising needs of end users to decrease their operational prices by utilizing numerous services, such as consulting & training, maintenance, monitoring and control, and others. Furthermore, the leaning of building landlords toward full control of an EMS, with increasing awareness and knowledge, and the capability to screen the snowballing demand for power in given buildings, are some of the other reasons contributing to the market growth in this category. Read More: https://www.psmarketresearch.com/market-analysis/europe-energy-management-systems-market
Germany Is Dominating the European Energy Management System Market The global European energy management system market was valued at 11,222 million in 2022, and this number is projected to reach USD 30,257 million by 2030, advancing at a CAGR of 13.20% during 2022–2030, according to P&S Intelligence. The major factors driving the market are strict government rules and guidelines, electricity cost volatility, and the increasing acceptance of EMS in building automation. Furthermore, rapid industrialization, increasing economic development, and snowballing government steps toward electricity consumption are some other reasons boosting market growth. In 2022, the service category held the largest revenue share in the European energy management system market. This can be credited to the rising needs of end users to decrease their operational prices by utilizing numerous services, such as consulting & training, maintenance, monitoring and control, and others. Furthermore, the leaning of building landlords toward full control of an EMS, with increasing awareness and knowledge, and the capability to screen the snowballing demand for power in given buildings, are some of the other reasons contributing to the market growth in this category. Read More: https://www.psmarketresearch.com/market-analysis/europe-energy-management-systems-market
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Europe Energy Management System Market Demand Forecast, 2030
The Europe energy management system market stood at USD 11,222 million in 2022, and it is expected to grow at a compound annual growth rate of 13.20% by 2030.
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