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

1. Building Energy Management Systems (BEMS) Market 2016 – 2023

2. 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. • https://www.gminsights.com/industry-analysis/building-energy-management-systems-bems-market

3. Continue..... • 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. • Get more detail @ • https://www.gminsights.com/industry-analysis/building-energy-management-systems-bems-market

4. 360° Analysis • Application Analysis • Key software’s 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. • 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., ElsterEnergyICT, 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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