Smart Solutions for Energy Management | EPR Magazine | Power Talk
October 18, 2021 11:14 am
According to a Global Market Insights report, the global energy management system market size exceeded $28 billion in 2019 and is anticipated to grow at over 9 percent CAGR from 2020 to 2026. Both developed and developing countries are spending on building commercial spaces, which is expected to drive the technology deployment in energy management systems across offices, healthcare facilities, and educational institutions. India’s energy scenario is changing every day, owing to the increasing rate of industrialisation and urbanisation. Energy management is now becoming more competitive with the presence of global brands and advanced solutions apart from homegrown players. Also, the use of IoT and digital technologies will boost the concept of energy management in future.
On this note, EPR hosted a live conference on “Smart Solutions for Energy Management”, on 21st September 2021. Where experts from the power sector and the energy management systems discussed the new developments in energy management and the evolving technologies for effective energy management.
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