The global energy management systems’ market poised for strong growth, research finds

As the level of interest into energy efficiency and low carbon solutions is ever increasing around the world, the global energy management systems’ market is also on an upward trend, as it is projected to reach a value of USD 105.86 billion by 2023, at a CAGR of 19.01% over the forecast period.

Owing to the increasing use of smart grid services, growing competition among industrial enterprises, and supporting government policies and incentives associated with energy efficiency, the market is expected to witness considerable growth in the future.

Due to the increasing environmental concerns regarding extinction of conventional energy sources, it is necessary to shift toward the use of renewable energy sources. These concerns call for efficient energy management, which has prompted many countries to generate electricity through renewable sources.

Furthermore, companies are under pressure to implement energy management systems because of the strict regulations regarding the control of environmental emissions. The customers in the market are also growing sensitive to the products they use, and changing preferences toward eco-friendly products, which is also expected to encourage the growth of the energy management systems in the industry.

HeatingSave – the building management system (BMS) to help you save energy and money

Replacing your central heating clock with a HeatingSave energy and boiler management controller is the quickest way of beating those tariff rises and saving on energy costs, often paying for itself in less than a year but almost always in less than 3 years.

HeatingSave can cut your energy usage by 20% to 30% with its energy management control, as its internal microprocessor constantly calculates and improves the efficiency and savings of your central heating system.

Using HeatingSave, simply choose the room temperature and the hot water you want, and when, and HeatingSave does the rest. It works with all central heating systems – oil, gas or coal – and links up with a PC to produce reports and graphs to fashion a powerful and complete energy management system.

The system is backed by the Carbon Trust and the Energy Savings Trust.