Global Building Energy Management Systems (BEMS) Strategic Market Report 2023-2030: BEMS Vendors, System Integrators Join Hands with ESCOs, Software Providers to Deliver EEM Systems

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Sep 27, 2023, 18:15 ET

DUBLIN, Sept. 27, 2023 /PRNewswire/ -- The "Building Energy Management Systems (BEMS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Building Energy Management Systems (BEMS) Market to Reach $12.3 Billion by 2030

The global market for Building Energy Management Systems (BEMS) estimated at US$4.3 Billion in the year 2022, is projected to reach a revised size of US$12.3 Billion by 2030, growing at a CAGR of 14.2% over the analysis period 2022-2030.

The Services market has demonstrated a favorable trend recently, building on a positive historic review from 2015 to 2021. It encompasses diverse segments, including Software, Hardware, Commercial, Residential, and Industrial, all contributing to its overall growth. Additionally, the global Building Energy Management Systems (BEMS) market is poised for substantial expansion, with annual revenues projected to increase significantly from 2022 to 2030.

Services, a key segment analyzed in the report, is expected to achieve a remarkable 15.3% CAGR, reaching US$6.8 Billion by the end of the analysis period. Meanwhile, the Software segment is anticipated to grow at a 13.2% CAGR over the next 8 years.

The global Services market displays strong growth potential, with an estimated valuation of US$ Thousand in 2022, forecasted to expand significantly to US$ Thousand by 2030. This growth is underpinned by a robust compound annual growth rate (CAGR) of % during the analysis period from 2022 to 2030.

These promising trends extend across diverse geographical regions, encompassing the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

In the U.S., the Building Energy Management Systems (BEMS) market is estimated at US$1.4 Billion in 2022, indicating substantial growth potential. China, as the world's second-largest economy, is projected to achieve a market size of US$1.4 Billion by 2030, driven by a remarkable CAGR of 18.3% during the analysis period from 2022 to 2030.

Noteworthy geographic markets include Japan and Canada, each forecasted to grow at rates of 10.1% and 10.9%, respectively, over the 2022-2030 period. Within Europe, Germany is anticipated to experience growth at an approximate CAGR of 13.6%.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Despite COVID-19 Crisis Curtailing Growth in the Short-Term, Long-Term Prospects Remain Optimistic for the World BEMS Industry
An Introduction to Building Energy Management Systems (BEMS)
BEMS Components
Advantages of BEMS
BEMS Envisage Symbolic Shift of Building Environment toward Higher Efficiency
BMS & EMS: Complementary Technologies for Boosting Energy Efficiency
Key Concerns with BEMS
Energy Management Technologies Address Pressing Need to Curb Energy Usage and Carbon Footprint
Worldwide Energy Efficiency Solutions Market by End-Use Sector (2020E): Percentage Breakdown of Value Sales for Buildings, Industry, Transport, and Others
Riding High on Inherent Advantages, BEMS to Leap in Right Direction
Spiraling Demand for Electricity: The Underlying Factor Spurring Need for Efficient Energy Management
Projected Global Demand for Primary Energy (Mtoe) and Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
Unwavering Focus on Energy Savings & Volatile Energy Prices to Catalyze BEMS Market in Long Term
BEMS Emerge as Indispensable Technological Component of Building Projects
Outlook
North America and Europe Dominate Global BEMS Market
Favorable Legislative Regime Remains Primary Force behind Adoption of Smart Building Energy Management Solutions
Energy Efficiency Goals and Government Directives to Buoy European BEMS Market
Emerging Economies Led by Asia-Pacific to Dictate Growth Momentum
World Building Energy Management Systems (BEMS) Market (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
Competitive Scenario
Building Energy Management Ecosystem Emerges as Convergence Point for Multiple Industries
Market Leaders Shape BEMS' Competitive Landscape
Intense Competition Catalyzes Innovation
BEMS Creates Opportunities for Big Data Analytics for Buildings
Vendors Step up Focus on Marketing Offerings
ESCOs Well Positioned to Capture BEMS Market
Opportunities Exist for Synergies among BEMS, BACS, BMS Vendors
BEMS Vendors, System Integrators Join Hands with ESCOs, Software Providers to Deliver EEM Systems
Recent Market Activity
Building Energy Management Systems (BEMS) - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

MARKET TRENDS & DRIVERS

Regulatory Pressure to Curb Energy Wastage and Carbon Emissions: A Major Growth Driver
Smart Building Technologies Drive BEMS Market
Technological Advancements to Fuel Adoption
Increasing Acceptance of Sustainable Technologies Fuel BEMS Growth
BEMS Plays Key Role in Green Building Movement
Green Buildings Market (2019): Percentage Breakdown of Revenues by Construction Sector
Global Energy Consumption by Sector (2019): Percentage Breakdown of Energy Consumption for Buildings, Commercial, Industrial, Transportation, and Others
Implementation of Smart Buildings and Smart Cities Boosts Prospects for BEMS
BEMS Proves a Cost-Effective Option for Interfacing Smart Buildings Effectively With Smart Grids
Global Smart Grid Capital Expenditure (CAPEX) by Application (2013-2020): Percentage Share Breakdown of CAPEX for AMI/Smart Meters, Communications Infrastructure, Distribution Automation, Information Technology Systems, Substation Automation, and Others
BEMS & IoT Unleash Energy and Operating Efficiency Gains for Smart Buildings
Emergence of IoT and Cloud Infrastructure: A Potential Game Changer for BEMS Market
Using IoT for Making Energy Management More Consistent
Small and Medium Buildings Present a Lucrative Untapped Market for BEMS
Falling Hardware Costs, and Managed BEMS Services to Overcome Cost and Complexity Hurdles
Introduction of Renewable Energy Standards and Policies Fuel Growth for BEMS Market
Targets for Electricity Production from Renewable Energy Sources in Select Countries
Building Energy Management Market: Key Trends
Digital Twinning
Software-as-a-Future-Proof Solution
Commoditization of Hardware in Small and Medium-Sized Buildings (SMB) Landscape
Evolution of Facility Manager as Enterprise Application Manager
Future Trends in Commercial Energy Management Space
Tunable White Lighting
Smart Lighting and Internet of Things
Energy Management Systems
Increasing Usage of Solar Energy
Smart Metering to Control Energy Demands
Renewable Energy Sources for Sustainable Power
Role of Analytics and Data
Regulations and Standards: An Overview
Green Building Standards and Regulations
US Green Building Council's Leadership in Energy and Environmental Design (LEED)
Green Globes: An Alternative to LEED Certification
LEED Vs Green Globes
International Code Council's 2012 International Green Construction Code (IgCC)
ANSI/ASHRAE/USGBC/IES Standard 189.1-2011: Standard for the Design of High-Performance Green Buildings Except Low-Rise Residential Buildings (ASHRAE 189.1)
ICC 700-2012: 2012 National Green Building Standard (ICC 700)
The International Living Future Institute's Living Building Challenge
Government Mandates for Energy Efficiency
Focus on Green Certification Programs for Individual Building Elements

FOCUS ON SELECT PLAYERS (Total 101 Featured)

Accenture PLC
Delta Electronics, Inc.
Daikin Industries Ltd.
Acuity Brands Lighting Inc.
Accruent LLC
Automated Logic Corp.
Bouygues SA
CBRE Group, Inc.
Daikin Applied
DEXMA
ENGIE SA
Albireo Energy LLC
Airedale International Air Conditioning Ltd.
AssetWorks, LLC.
Envizi

For more information about this report visit https://www.researchandmarkets.com/r/ecn8lw

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