Growth in the need for energy efficiency, energy price volatility, and policy and regulatory mandates primarily drive the growth of India energy management systems market. However, low awareness among small and medium enterprise owners and the lack of stringent energy consumption policies in the country hinders the growth of the market. Subsequently, providing opportunities such …
Tag Archives: India Energy Management Systems
India Energy Management Systems Market – Development Leads To High Demand During 2023
According to a new report published by Allied Market Research, the India energy management systems market accounted for $6,35.0 million in 2016, and is expected to reach $2,145.1 million by 2023, growing at a CAGR of 19.1% from 2016 to 2023. In 2016, the industrial EMS sector dominated the Indian market, in terms of revenue, …