Description

The European Energy Management market is growing, driven predominantly by EU legislation warranting implementation of smart metering technologies. Increasing availability, convenience and efficiency of energy management systems are significant influences on the market’s anticipated growth trajectory. Building Energy Management Systems is the larger product segment, and the Home Energy Management Systems segment contributes for a smaller proportion but greater growth. Being more nascent, it is concentrated in the United Kingdom, as opposed to BEMS which has wide-spread reach across Europe.