Building Energy Management Systems Market - Forecasts from 2018 to 2023
Global building energy management system market is estimated to reach US$9.420 billion by 2023 at a CAGR of 9.80% over the forecast period from the current estimate of US$5.375 billion in 2017. A building energy management system (BEMS), also known as building automation system (BAS) or building management system (BMS), is a computer-based system installed in buildings which aims at controlling and monitoring mechanical and electrical equipment and building services such as heating, lighting, air conditioning, ventilation, fire systems and power systems among other services. The system can manage electricity demand effectively and the loads can be managed properly without compromising on safety, productivity, and comfort. BEMS system consists of hardware as well as software in a hierarchical manner. Such systems can also be linked to access control or security systems such as motion detectors and closed-circuit television.
Market Outlook
The global market of building energy management services is influenced significantly due to stringent energy efficiency standards coupled with the rising demand for both commercial and residential buildings across the globe. Growing global renewable energy sector will propel the growth of building energy management services market in the coming years owing to rising energy costs, leading to the adoption of cleaner and renewable energy sources for power generation by building owners. Moreover, growing adoption of IoT and smart home appliances will also contribute to the market growth during the forecast period. However, high installation costs will inhibit the market growth during the forecast period.
Geographic Outlook
Geographically, North America, as well as Europe, will drive the global market of building energy management services on account of the supportive government initiatives undertaken towards energy management. Asia Pacific market is also expected to contribute significantly on account of growing economy, increasing infrastructure base of the region and initiatives towards the making of smart cities in the region.
Competitive Intelligence
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are Siemens AG, Johnson Controls, Schneider Electric, Robert Bosch GmbH, Honeywell International, Inc., and Automated Building and Energy Controls Ltd. among others.
Segmentation
The building energy management services market has been analyzed through following segments:
Market Outlook
The global market of building energy management services is influenced significantly due to stringent energy efficiency standards coupled with the rising demand for both commercial and residential buildings across the globe. Growing global renewable energy sector will propel the growth of building energy management services market in the coming years owing to rising energy costs, leading to the adoption of cleaner and renewable energy sources for power generation by building owners. Moreover, growing adoption of IoT and smart home appliances will also contribute to the market growth during the forecast period. However, high installation costs will inhibit the market growth during the forecast period.
Geographic Outlook
Geographically, North America, as well as Europe, will drive the global market of building energy management services on account of the supportive government initiatives undertaken towards energy management. Asia Pacific market is also expected to contribute significantly on account of growing economy, increasing infrastructure base of the region and initiatives towards the making of smart cities in the region.
Competitive Intelligence
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are Siemens AG, Johnson Controls, Schneider Electric, Robert Bosch GmbH, Honeywell International, Inc., and Automated Building and Energy Controls Ltd. among others.
Segmentation
The building energy management services market has been analyzed through following segments:
- By Service Type
- Maintenance and Support
- System Integration
- Consulting
- By End User
- Commercial
- Residential
- Industrial
- By Geography
- North America
- USA
- Canada
- Mexico
- Others
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- UAE
- Israel
- South Africa
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. BUILDING ENERGY MANAGEMENT SERVICES MARKET BY SERVICE TYPE
5.1. Maintenance and Support
5.2. System Integration
5.3. Consulting
6. BUILDING ENERGY MANAGEMENT SERVICES MARKET BY END USER
6.1. Commercial
6.2. Residential
6.3. Industrial
7. BUILDING ENERGY MANAGEMENT SERVICES MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. UAE
7.4.2. Israel
7.4.3. South Africa
7.4.4. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. India
7.5.4. South Korea
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Market Share Analysis
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players
9. COMPANY PROFILES
9.1. Siemens AG
9.1.1. Company Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Recent Developments
9.2. Johnson Controls
9.2.1. Company Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Recent Developments
9.3. Schneider Electric
9.3.1. Company Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Recent Developments
9.4. Robert Bosch GmbH
9.4.1. Company Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Recent Developments
9.5. Cylon
9.5.1. Company Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Recent Developments
9.6. Honeywell International, Inc.
9.6.1. Company Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Recent Developments
9.7. Eaton
9.7.1. Company Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Recent Developments
9.8. Emrill Services LLC
9.8.1. Company Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Recent Developments
9.9. Automated Building and Energy Controls Ltd.
9.9.1. Company Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Recent Developments
9.10. Optergy Pty Ltd
9.10.1. Company Overview
9.10.2. Financials
9.10.3. Products and Services
9.10.4. Recent Developments
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. BUILDING ENERGY MANAGEMENT SERVICES MARKET BY SERVICE TYPE
5.1. Maintenance and Support
5.2. System Integration
5.3. Consulting
6. BUILDING ENERGY MANAGEMENT SERVICES MARKET BY END USER
6.1. Commercial
6.2. Residential
6.3. Industrial
7. BUILDING ENERGY MANAGEMENT SERVICES MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. UAE
7.4.2. Israel
7.4.3. South Africa
7.4.4. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. India
7.5.4. South Korea
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Market Share Analysis
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players
9. COMPANY PROFILES
9.1. Siemens AG
9.1.1. Company Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Recent Developments
9.2. Johnson Controls
9.2.1. Company Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Recent Developments
9.3. Schneider Electric
9.3.1. Company Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Recent Developments
9.4. Robert Bosch GmbH
9.4.1. Company Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Recent Developments
9.5. Cylon
9.5.1. Company Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Recent Developments
9.6. Honeywell International, Inc.
9.6.1. Company Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Recent Developments
9.7. Eaton
9.7.1. Company Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Recent Developments
9.8. Emrill Services LLC
9.8.1. Company Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Recent Developments
9.9. Automated Building and Energy Controls Ltd.
9.9.1. Company Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Recent Developments
9.10. Optergy Pty Ltd
9.10.1. Company Overview
9.10.2. Financials
9.10.3. Products and Services
9.10.4. Recent Developments
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER