Market Share of APAC Energy Management Systems (EMS) Industry
The Asia Pacific Energy Management Systems Market is moderately fragmented with the presence of various international players such as IBM, Honeywell, Schneider Electric, Rockwell Automation, General Electric Company, among others. The companies in the market are launching products with the latest technological developments and are collaborating with various governments and organizations to increase their market share. Some of the recent developments are:
- February 2020 - Honeywell introduced its Forge Energy Optimization systems (a closed-loop, cloud-based machine learning solution) to constantly monitor a building's energy consumption changes to optimal energy-saving settings without affecting occupant comfort levels.
- January 2020 - Schneider Electric unveiled its upgrade to the traditional fusebox to homeowners looking for a better power management system with the company's Energy Center product. The new product is part of a wide range of Square D home energy management devices that the company is aiming at homeowners.
APAC Energy Management Systems Market Leaders
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IBM Corporation
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Rockwell Automation Inc.
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General Electric Company
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Schneider Electric SE
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Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
