A summary of the Building Energy Management Systems Market :
Analysis and Development of the Building Energy Management Systems Market:
Building Energy Management Systems Market Size was worth US$ 8.84 Bn in 2022 and total revenue is expected to grow at a rate of 12.4 % CAGR from 2023 to 2029, reaching almost US$ 20.04 Bn in 2029.
Industrial Range of Building Energy Management Systems Market :
The Building Energy Management Systems market analysis report thoroughly explores import and export consumption, supply and demand dynamics, cost structures, market shares, sales volumes, revenues, and gross profits. It extensively examines the manufacturing sector, assessing production capacities, factory prices, and market shares of industry participants. Providing global market insights, the report identifies significant manufacturers across diverse regions, offering meticulous evaluations of their production bases, capacities, revenues, and market shares. This data-driven analysis empowers stakeholders with essential insights, enabling strategic decision-making and effective navigation of the dynamic Building Energy Management Systems market landscape.
Classification of the Building Energy Management Systems Market
by Software
Data management
Asset performance optimization
Application platform
HVAC systems
lighting systems
Based on software, the market is segmented into Data management, asset performance optimization, Application platform, HVAC systems, and lighting systems. This is due to a growing emphasis on lowering energy usage, rapidly changing weather systems and an expanding number of government rebate and tax credit schemes. The heat, ventilation, and air conditioning (HVAC) system is a cost-effective approach for controlling the indoor environment conditions of a building or home.
by Communication technology
Wired
Wireless
Based on Communication technology, the market is segmented as Wired and Wireless.This can be linked to the growing desire for a smart building management system that can be readily operated from a remote place, as well as the world’s increasing digitalization. The market’s demand is being driven by the increasing penetration of smart devices and the growing demand for wireless connected systems. In comparison to traditional hard-wired systems, wireless building energy management systems are extremely dependable, versatile, take less time to install, and provide greater performance.
by Industry
Manufacturing
Telecom and IT
Office and Commercial Buildings
Municipal
Others
Based on Industry, the market is segmented into Manufacturing, Telecom and IT, Office and Commercial Buildings, Municipal, Others.The rising deployment of building energy management systems in corporate offices, big retail malls, and public transportation locations such as airports and railway stations will drive the segment’s growth in the future years.
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Market Regional Insights:
The report offers a comprehensive analysis covering all factors including market size, growth rate, and import-export activities across different regions. Through Regional Analysis, it assesses the current status of the Building Energy Management Systems market in various countries. Broadly categorized into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa, this segmentation provides a detailed understanding of the market’s performance and dynamics in each geographic area, offering valuable insights for businesses and investors seeking opportunities in different regions.
Principal Players in the Building Energy Management Systems Market Industry
1.ABB Ltd.
2.Accruent Inc.
3.Azbil Corporation
4.BuildingIQ Pty Ltd.
5.C3.ai, Inc.
6.Carma Industries Inc.
7.Daikin Applied
8.Enel X
9.eSight Energy Ltd.
10.General Electric Company
11.GridPoint
12.Honeywell International, Inc.
13.IBM Corporation
14.Johnson Controls
15.Optimum Energy LLC
16.Schneider Electric SE
17.Siemens AG
18.Toshiba Energy Systems & Solutions Corporation
List of Contents : Building Energy Management Systems Market
Part 01: Executive Summary
Part 02: Scope of the Building Energy Management Systems Market Report
Part 03: Building Energy Management Systems Market Landscape
Part 04: Building Energy Management Systems Market Sizing
Part 05: Building Energy Management Systems Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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