Government Initiatives Encouraging Energy Consumption Efficiently

The Global Energy Management Systems industry is anticipated to grow at a CAGR of 15 % during the forecasted period 2017-2022, says RNCOS in its latest report.

RNCOS LogoRNCOS Logo

Noida, Uttar Pradesh, March 22, 2017 /India PRwire/ -- The Global Energy Management System industry has witnessed significant growth in recent years due to strict government regulations for a carbon constrained environment and awareness among consumers regarding the benefits of energy savings. The world aiming at becoming an energy efficient environment has led to the introduction of Energy Management System. The growing awareness for climate protection, rising energy prices and the idea of saving costs by saving energy resulted in an impressive growth of 15% over the forecasted period 2017-2022 in the energy management systems market.

According to our latest research report, "Global Energy Management System Outlook 2022", the growing consciousness for high electricity bills and increasing concentration of greenhouse gases in the atmosphere, has led to the emergence of various companies in the energy management segment, thereby leading to stiff competition and innovative solutions to curb energy consumption. Moreover, embedding the energy management devices with the recent technologies and huge private and public sector investment will lead to a progressive future of the industry.

With the increasing population, disposable income and constantly upgrading living standards, the demand for energy is also increasing at an alarming rate. As countries develop, the energy consumption increases, thereby leading to high electricity bills, increase in greenhouse gas emissions and power outages. Therefore, government is imposing strict regulations and reforms to reduce the energy consumption by efficiently managing the energy usage, thereby leading to a sustainable environment.

Recently, Australia's largest public museum, Museums Victoria, announced joining green revolution by an innovative energy management partnership with Siemens and the Victorian Government. Further, GCC countries are also focusing on efficient energy utilization aiming at growth of green buildings in the region. Such developments have continued to drive the industry in past and an upward trend in energy management is anticipated to be followed in the future.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM855.htm

Check Related REPORTS on: http://www.rncos.com/Other-Industry.htm

Notes to Editor

About RNCOS

RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.


Journalists and Bloggers
Visit India PRwire for Journalists for releases, photos, email alerts and customized feeds just for Media.

If you have any query regarding information in the press releases, please contact the company listed in the press release itself. Please do not call India PRwire, we will be unable to assist you with your inquiry.


RNCOS E-Services Pvt. Ltd. recent press release(s)


RNCOS White Paper: The Indian Health Insurance Sector

"The standalone health insurance industry continues to show the fastest growth rate on account of constant innovation by the players, says RNCOS"

Global Parkinson's Disease Drugs Market to Reach Approximate Value of US$ 5 Billion by 2022

"Growing aged population, rising healthcare expenditure, and increasing awareness about Parkinson's disease treatment options, likely to drive the Global Parkinson's Disease Drugs Market", says RNCOS.

Increasing Consumer Preference of Healthy Snacks Propelling Gourmet Popcorn Industry

Gourmet popcorns are becoming the consumers preference as a healthy snacks, says RNCOS in its latest research report.

Usage of Nanomaterial Propelling the Europe Cosmeceutical Market

Increased usage of nonmaterial in cosmetic products is driving the cosmeceutical market, says RNCOS in its latest research report.

Global Hemophilia Therapeutics Market to Reach US$ 13 Billion by 2022

"Grants and tax credits, rising healthcare expenditure, and increasing awareness about hemophilia likely to drive the Global Hemophilia Therapeutics Market", says RNCOS.