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The Energy Management market within the Utilities sector is a rapidly growing industry, driven by the need to reduce energy consumption and costs, as well as to increase efficiency and reliability. It involves the use of advanced technologies such as smart meters, energy storage systems, and energy analytics to monitor and control energy usage. This helps utilities to better manage their energy resources, reduce energy costs, and improve customer service.
The Energy Management market is also driven by the increasing demand for renewable energy sources, such as solar and wind power, as well as the need to reduce carbon emissions. Additionally, the emergence of new technologies, such as the Internet of Things (IoT), is creating new opportunities for energy management solutions.
Some of the major players in the Energy Management market include ABB, Schneider Electric, Siemens, Honeywell, General Electric, and IBM. Show Less Read more