Published on : Jun 27, 2016
ALBANY, New York, June 27, 2016: ResearchMoz.us has announced the addition of the “Global Energy Management Systems for Healthcare Sector 2016-2020” report to its offering. The report encapsulates a detailed analysis of the market and is compiled by employing both secondary as well as primary research. The data in the report has been collated by using various valuable sources such as websites, trade journals, white papers, newspapers, magazines, and search engines.
The report also comprises qualitative and quantitative information on energy management systems for healthcare sector. Extensive forecasts has also been provided for the major indicators impacting the growth of this market in the forecast horizon from 2016 to 2020. The study aids in identifying the chief technologies, the regions and countries with high growth potential, and the new product introductions in this market.
As per this study, the global energy management systems market for healthcare sector is expected to exhibit a remarkable 10.40% CAGR from 2016 to 2020. The report begins by presenting the market landscape of energy management systems in the healthcare sector. Energy management systems refer to the computer-aided tools that are utilized extensively by electric utility grid operators for controlling, optimizing, and monitoring the performance of transmission systems.
These systems provide feedback on the consumption patterns of electricity for individual equipment and also for different areas within a building. There is an increasing utilization of energy equipment within the healthcare facilities globally. By employing energy management systems, energy conservation of approximately 30% can be achieved within the healthcare sector.
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Next in the report, on the basis of technology, the market for global energy management systems for healthcare is segmented into lighting, HVAC, intelligent sensor, and energy monitoring and control. Amongst these, the segment of HVAC held the largest share of 39% in the market in 2015. HVAC systems form an integral part of the healthcare sector and this is why they require to be extremely flexible for maintaining the air quality in a healthcare setting indoors. The increasing requirement of saving energy has resulted in an increased installation of cutting-edge HVAC controls by facility managers within hospitals, thus propelling the development of the HVAC segment in the market.
In the following section, the study throws light on the geographical segmentation of the market for energy management systems in healthcare. Geographically, the report segments the market into Asia Pacific, Europe, the Middle East and Africa, and the Americas. Of these, the Americas holds the largest share in the market on the basis of revenue and is poised to exhibit an over 10.0% CAGR between 2016 and 2020.
The soaring prices of energy and the increasing number of steps taken to decrease the overall costs within the healthcare sector globally are propelling the demand for energy management solutions and products. The rising construction of green buildings is a key trend seen in the market. On the other hand, the soaring cost of initial investment may hamper the utilization of energy management systems in the healthcare sector globally.
The major vendors dominant in the market are Eaton, GE-Alstom Grid, Honeywell, Johnson Controls, and Schneider Electric, among others, as stated in this study.
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