Sri Lanka News Search:
Menu
Stay Connected
Login
Sponsored Links
Sri Lanka Explorer
Subscribe our Newsletter and receive great deals.

Home

Global Energy Trading & Risk Management (ETRM) Market is expected to reach US$ 1,351.6 million by 2020

New York, April 17: Market Research Engine has published a new report titled as “Global Energy Trading & Risk Management (ETRM) Market, By Commodities (Power, Natural Gas, Natural Gas Liquids, Coal) By Functional Types, By Vendor Types & By Regions – Trends & Forecast 2015-2020”.

The Global Energy Trading & Risk Management (ETRM) market has seen good growth in 2014 and expected to continue the same trend during the period 2014-2015, According to Infoholic Research, a market intelligence company. While the market as a whole has been growing at a good rate, it has been the SAAS(software as a service) which has grown most impressively compared to other segments like vendor license, vendor services, vendor S&M, third party implementation, on-vendor solution. The Global Energy Trading & Risk Management (ETRM) is expected to reach $1,140.1 million by the end of 2015 growing at 2.2% from (2014 – 2015).

Browse Full Report:

http://www.marketresearchengine.com/reportdetails/global-energy-trading-and-risk-management-etrm-market

“The market is largely driven by the key verticals such as power, natural gas, oil and products, natural gas liquids and coal”. The Global Energy Trading & Risk Management (ETRM) market penetration in Natural Gas & Oil Products is expected to be more than 55% by the end of 2015. The increased amount of trading in Oil & Products sector are expected to drive the Global ETRM market  from (2015-2020).

The key trends in the Global ETRM market includes a system that can store and manage huge quantities of structured and unstructured data, a system that ensures compliance with numerous new regulatory requirements, a system that helps to reduce costs, increase efficiency and maximize profits.

 

Essential Takeaways:

• The power industry segment is the largest segment among the global ETRM market with a market share of 30.8% followed by the natural gas and oil & products segments with a share of 29.3% and 26.3% respectively.

• The oil & products segment expected grow at a CAGR of 8.5% during the period 2015-2020.

• The global ETRM market is expected to reach $1,351.6 million by 2020.

About MarketResearchEngine.com

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

Media Contact

Company Name: Market Research Engine

Contact Person: John Bay

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: +1-855-984-1862, +91-860-565-7204

Country: United States

Website: http://www.marketresearchengine.com/

Add comment


Security code
Refresh

AddThis Social Bookmark Button

Event Calendar

October 2018
S M T W T F S
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Select Category
No events
No events
No events