Deerfield Beach, FL -- (SBWIRE) -- 07/20/2015 -- Global Energy Management System Market in Industrial Sector 2015-2019

Energy management system for the Industrial sector is a system of computer-aided tools that help industries to monitor, control, and optimize their electrical loads. Energy management trend is shifting from hardware-based solutions to extensive software, hardware, and service-based solutions. This is achieved through a holistic view into the energy performance compiled by a wide array of sensing and control devices, data feeds, and analytics.

The analysts forecast Global Energy Management System market in the Industrial sector to grow at a CAGR of 13.3 percent over the period 2014-2019.

According to the latest report, the demand for electricity has increased steadily worldwide. It has become imperative to reduce energy consumption to counter the rapid depletion of energy sources worldwide, and industrial energy management systems play a major role in reducing energy consumption across industries.

"Manufacturing and process industries are responsible for the majority of energy consumption globally, accounting for close to one-third of the total energy consumption worldwide,".

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Covered in this Report

The report covers present scenario and the growth prospects of the Global Energy Management System market in the Industrial sector for the period 2015-2019. In terms of application, the market can be segmented into three divisions: Software, Hardware, and Services.

The report, Global Energy Management System Market in the Industrial Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA; it also covers the landscape of the Global Energy Management System market in the Industrial sector and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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The new report also draws attention towards development of user-friendly programming platforms as a key trend to watch in the market. Technological advances are improving product quality and leading to more user-friendly designs. These designs do not require any programming experience and require less labor and time to operate, which reduces maintenance and service costs.

"The Envision project by Philips involved the development of user-friendly Envision software, supported by an app that provides solutions tailored to each customer's requirements,"