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Global Building Energy Management Systems (BEMS) Industry

Global Building Energy Management Systems (BEMS) Market to Reach $10. 9 Billion by 2027. Amid the COVID-19 crisis, the global market for Building Energy Management Systems (BEMS) estimated at US$4.New York, Nov. 03, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Building Energy Management Systems (BEMS) Industry” – https://www.reportlinker.com/p03646039/?utm_source=GNW 7 Billion in the year 2020, is projected to reach a revised size of US$10.9 Billion by 2027, growing at a CAGR of 12.6% over the analysis period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record a 10.9% CAGR and reach US$5.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 14.9% CAGR for the next 7-year period. The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 12.2% CAGR The Building Energy Management Systems (BEMS) market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 12.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.9% and 10.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR. Service Segment to Record 13.1% CAGR In the global Service segment, USA, Canada, Japan, China and Europe will drive the 12.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$656.7 Million in the year 2020 will reach a projected size of US$1.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2027.We bring years of research experience to this 18th edition of our report. The 177-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Competitors identified in this market include, among others, ABBAccruentAzbil Corp.BuildingIQC3 IoTCarma Industries Inc.Cylon Active EnergyDaikin AppliedEchelon Corp.EnerNOC, Inc.eSight EnergyGeneral Electric CompanyGridPointHoneywell International, Inc.IBM Corp.Johnson ControlsOptimum Energy LLCSchneider ElectricSiemens AGToshiba Energy Systems & Solutions Corp. Read the full report: https://www.reportlinker.com/p03646039/?utm_source=GNW I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Energy Management Technologies Address Pressing Need to Curb Energy Usage and Carbon Footprint Recent Market Activity Spiraling Demand for Electricity – The Underlying Factor Spurring Need for Efficient Energy Management Outlook North America and Europe Dominate Global BEMS Market Emerging Economies Led by Asia-Pacific to Dictate Growth Momentum Global Competitor Market Shares Building Energy Management Systems (BEMS) Competitor Market Share Scenario Worldwide (in %): 2018 & 2029 Energy Management Technologies Address Pressing Need to Curb Energy Usage and Carbon Footprint Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS ABB (Switzerland) Accruent (USA) Azbil Corporation (Japan) BuildingIQ (Australia) C3 IoT (USA) Carma Industries Inc. (Canada) Cylon Active Energy (Ireland) Daikin Applied (USA) Echelon Corp. (USA) EnerNOC, Inc. (USA) eSight Energy (UK) FirstFuel Software, Inc. (USA) General Electric Company (USA) GridPoint (USA) Honeywell International, Inc. (USA) IBM Corporation (USA) Johnson Controls (USA) Optimum Energy LLC (USA) Schneider Electric (France) Siemens AG (Germany) Toshiba Energy Systems & Solutions Corporation (Japan) 3. 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 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 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 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 4. GLOBAL MARKET PERSPECTIVE Table 1: World Current & Future Analysis for Building Energy Management Systems (BEMS) by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 2: World 7-Year Perspective for Building Energy Management Systems (BEMS) by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027 Table 3: World Current & Future Analysis for Hardware by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 4: World 7-Year Perspective for Hardware by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 Table 5: World Current & Future Analysis for Software by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 6: World 7-Year Perspective for Software by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 Table 7: World Current & Future Analysis for Service by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 8: World 7-Year Perspective for Service by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 Table 9: World Current & Future Analysis for Commercial by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 10: World 7-Year Perspective for Commercial by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 Table 11: World Current & Future Analysis for Residential by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 12: World 7-Year Perspective for Residential by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 Table 13: World Current & Future Analysis for Industrial by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 14: World 7-Year Perspective for Industrial by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Building Energy Management Systems (BEMS) Market Share (in %) by Company: 2018 & 2025 Market Analytics Table 15: USA Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 16: USA 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 17: USA Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 18: USA 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 CANADA Table 19: Canada Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 20: Canada 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 21: Canada Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 22: Canada 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 JAPAN Table 23: Japan Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 24: Japan 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 25: Japan Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 26: Japan 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 CHINA Table 27: China Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 28: China 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 29: China Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 30: China 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 EUROPE Market Facts & Figures European Building Energy Management Systems (BEMS) Market: Competitor Market Share Scenario (in %) for 2018 & 2025 Market Analytics Table 31: Europe Current & Future Analysis for Building Energy Management Systems (BEMS) by Geographic Region – France, Germany, Italy, UK and Rest of Europe Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 Table 32: Europe 7-Year Perspective for Building Energy Management Systems (BEMS) by Geographic Region – Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027 Table 33: Europe Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 34: Europe 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 35: Europe Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 36: Europe 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 FRANCE Table 37: France Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 38: France 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 39: France Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 40: France 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 GERMANY Table 41: Germany Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 42: Germany 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 43: Germany Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 44: Germany 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 ITALY Table 45: Italy Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 46: Italy 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 47: Italy Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 48: Italy 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 UNITED KINGDOM Table 49: UK Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 50: UK 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 51: UK Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 52: UK 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 REST OF EUROPE Table 53: Rest of Europe Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 54: Rest of Europe 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 55: Rest of Europe Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 56: Rest of Europe 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 ASIA-PACIFIC Table 57: Asia-Pacific Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 58: Asia-Pacific 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 59: Asia-Pacific Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 60: Asia-Pacific 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 REST OF WORLD Table 61: Rest of World Current & Future Analysis for Building Energy Management Systems (BEMS) by Component – Hardware, Software and Service – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 62: Rest of World 7-Year Perspective for Building Energy Management Systems (BEMS) by Component – Percentage Breakdown of Value Sales for Hardware, Software and Service for the Years 2020 & 2027 Table 63: Rest of World Current & Future Analysis for Building Energy Management Systems (BEMS) by Application – Commercial, Residential and Industrial – Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 Table 64: Rest of World 7-Year Perspective for Building Energy Management Systems (BEMS) by Application – Percentage Breakdown of Value Sales for Commercial, Residential and Industrial for the Years 2020 & 2027 IV. COMPETITION Total Companies Profiled: 77Read the full report: https://www.reportlinker.com/p03646039/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.__________________________CONTACT: Clare: clare@reportlinker.com
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