Boston, MA -- (SBWIRE) -- 03/17/2016 -- An energy management system (EMS) consists of hardware, software, and services that provide energy information to users such as infrastructure managers, financial managers, facility managers, and power utilities. It is also a systematic process, which is used for continual improvement of energy performance. Consumers spend an enormous amount of their budgets on energy. This cost can be reduced with the use of improved energy management solutions. Thus, to improve managing and tracking of energy data, EMS is used.

Technavio's analysts forecast the global energy management market to grow at a CAGR of 12.4% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Energy Management Market in Railways 2016-2020

Covered in this report
The report covers the present scenario and the growth prospects of the global energy management in railways market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors operating in the market.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Energy Management Market in Railways 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Alstom
-Bombardier
-Hitachi Railway
-Toshiba

Other prominent vendors

-ABB
-China CNR
-Cisco Systems
-IBM
-Mitsubishi Electric
-Siemens

Market driver

-Need for energy efficiency
-For a full, detailed list, view our report

Market challenge

-Development of a common platform
-For a full, detailed list, view our report

Market trend

-Technological advances
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Alstom, Bombardier, Hitachi Railway, Toshiba, ABB, China CNR, Cisco Systems, IBM, Mitsubishi Electric, Siemens

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