Power Industry Reports

Rising energy consumption, growing Usage of Smart Grids and Smart Meters, rising investment towards improving energy, are expected to drive the Europe Advanced Energy Management System market through forecast period. According to TechSci Research report, “ Europe Advanced Energy Management System Market - By Country, Competition Forecast & Opportunities, 2017-2027,” Europe Advanced Energy Management System Market stood at USD 11,763.59 million in 2021 and is expected to register a CAGR of 9.42% during the forecast period owing to increasing electricity consumption and growing demand for energy efficiency in end-use industries. The need for energy management during peak electricity demand as well as the transition from traditional fossil fuels to renewable & bio-based energy sources, is expected to drive demand for advanced energy management systems in Europe. Additionally, the growing need to reduce GHG emissions and reliance on fossil fuels is expected to boost market growth...