PPT-Building Energy Management Systems (BEMS) Market:Global Market Insights, Inc.

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Building Energy Management Systems (BEMS) Market
2016 2023
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Global Market Scenario of Building Energy
Management Systems (BEMS)

• Global building energy management systems (BEMS)
  market size is projected to surpass USD 6 billion
  by 2023.
• Increasing regulatory pressure due to increasing
  energy wastage in building is predicted to drive
  the industry over the coming years.
• Asia Pacific building energy management systems
  market size is forecast to experience significant
  growth. The surging demand for these systems can
  be attributed to increasing popularity of green
  building technologies across the region. Latin
  America is predicted to witness high growth
  prospects owing to increasing awareness regarding
  energy conservation over the forecast period.
• Rising awareness regarding efficient use of
  energy at corporate and government levels is
  anticipated to propel building energy management
  systems market demand in commercial, residential
  as well as industrial sectors.
• The building sector is primarily responsible for
  global greenhouse gas emission as well as energy
  consumption.
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• High energy consuming areas in buildings are
  office equipment, HVAC systems, catering, pumps,
  etc. Energy consumption in building amenities
  that mainly includes the use of fossil fuels adds
  to air pollution, which is likely to have adverse
  impact on the environment and also likely affect
  residents health.
• BMS and BEMS share numerous similarities apart
  from a unique distinction BMS includes the
  energy management capabilities along with other
  functionalities that include alarm, fire,
  security, closed circuit television (CCTV),
  safety and mechanical building controls.
• The data gathered by BEMS is utilized by BMS and
  it is likely to become a vital component of BMS
  solution. This in turn is anticipated to
  positively impact building energy management
  systems market share over the forecast period.
• Advent of innovative technologies accompanied by
  maturing of existing technologies is predicted to
  drive applicability across various industry
  sectors.
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  ing-energy-management-systems-bems-market

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360 Analysis

• Application Analysis
• Key softwares include asset performance
  optimization, data management, application
  platform, lighting system, and HVAC system.
  Wireless and wired are the types of communication
  technologies involved in this model. Key industry
  verticals include telecom and IT, manufacturing,
  office and commercial buildings, government and
  MUSH (Municipal, University, School and Hospital)
  systems.
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• Regional Analysis
• U.S. BEMS market size is predicted to be the
  largest regional segment and is likely to
  maintain its dominance owing to rising interest
  in highly developed energy technologies as well
  as implementation of demand response programs
  over the coming years. These programs are likely
  to promote restricted energy usage and enable
  customers to tackle changing prices and handle
  the utility needs for saving peak loads.
•  
• Competitive Market Share
• Participants constituting global building energy
  management systems share include Azbil, ABB
  Group, BuildingIQ, Carma Industries, C3 Energy,
  Cylon Active Energy, Daintree Networks, Daikin
  Industries, Echelon Corp., Elster EnergyICT,
  Ecova, Inc., EnerNOC, Inc., and FirstFuel
  Software. Notable players also include GridPoint,
  eSight Energy, Honeywell International,
  Ingersoll-Rand PLC, IBM, Johnson Controls, Jones
  Lang LaSalle, Schneider Electric

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