Asia-Pacific region constitutes of emerging countries such as China, India, South Korea, Indonesia, and Thailand among others. Asian countries have started implementing energy efficient measures, depending on energy price, awareness level, and government initiatives. Decrease in energy subsidy in the region and consistent increase in energy cost would drive the rapid demand for energy efficiency solutions, including energy tracking and monitoring systems. Countries within the Asia-Pacific region are expected to be one among the prominent adopters of energy tracking and monitoring solutions in years to come.
The report segments the Asia-Pacific Energy tracking and monitoring market by type, application, end-user and region. By type, the market is segmented into home energy tracking and monitoring, building energy tracking and monitoring and industrial energy tracking and monitoring systems. Industrial Energy tracking and monitoring system dominated the market in 2014. Home Energy tracking and monitoring segment however is expected to register the highest CAGR during the forecast period.
Source : Research and Markets
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