Building Energy Management System Market Share, Size, Value, Trends, Demand, Dynamics, Business Growth, Revenue and Forecasts (2020 - 2027)

Posted on Mar 11 2021 10:19 AM

"The global Building Energy Management System market size was valued at USD 6.97 Billion in 2020 and is expected to expand at a (CAGR) of 11.8% from 2020 to 2027. "

The latest market intelligence study on the Building Energy Management System market performs an extensive analysis of the competitive landscape and growing investment pocket of the Building Energy Management System market for the forecast period, 2020 - 2027. The tailor-made study probes into the current and future trends of that are likely to shape the development of the Building Energy Management System industry to give the business owners a competitive edge and help them stay ahead of their rivals. The best of both research techniques including qualitative and quantitative are applied to gauge the market size, share, and growth rate.

Scope of the Report:

The specialist consulting approach adopted to study the Building Energy Management System market by size, share. and growth form an important part of this market intelligence report. Expertise research specialist not only weight upon the company profiles of the major vendors but also significant aspects such as import and export status, supply chain management, demand and supply and distribution channel. Vital statistics on product positioning, consumption volume, a dramatic shift in consumer preferences, spending power and other are explained through resources including charts, graphs, and infographics. 

You Can Download Free Sample PDF Copy of Building Energy Management System Market at https://www.emergenresearch.com/request-sample/506

Report Objectives

Examine the size of the global Building Energy Management System market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Building Energy Management System market.

Explore the underlying dynamics of the global Building Energy Management System market.

Highlight significant trends of the global Building Energy Management System market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Building Energy Management System market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Building Energy Management System market.

Forecast the market size and share of all segments and regions in the global landscape.

Key Highlights of Report

In October 2020, Honeywell International Inc. and Vertiv entered into a partnership in order to introduce integrated solutions to optimize data center resiliency, ensure sustainability, and improve operational performance. The companies are expected to leverage building data to minimize energy costs and use, optimize operations, and improve data center sustainability and performance.

Software segment accounted for largest market share of 2019. Increasing investment by major market players such as Schneider Electric, IBM Corporation, and Honeywell International Inc. for the incorporation of data analytics software in their existing building energy management systems is expected to support growth of the software platforms in the market.

Wireless building energy management systems segment revenue is expected to expand at a rapid CAGR of 12.1% during the forecast period. Lower cost, greater flexibility, and higher reliability of wireless building energy management systems over hard-wired systems are key factors driving adoption of these systems.

Commercial segment accounted for a significantly high revenue share in the building energy management system market in 2019. Increasing adoption of building energy management systems in the healthcare sector, corporate sector, hospitality sector, and large shopping complexes is expected to continue to drive revenue growth of the commercial sector segment.

Europe accounted for largest revenue share contribution to the global building energy management system market in 2019. Increasing adoption of smart grid services and rising demand for energy-efficient solutions and services in countries in the region is boosting market growth.

Key players in the market include ABB, Accenture, Cisco Systems, Emerson Electric Co., General Electric, Hitachi Ltd., Honeywell international Inc., IBM, Johnson Controls and Schneider Electric.

You Can Download Free Sample PDF Copy of Building Energy Management System Market at https://www.emergenresearch.com/request-sample/506

Components and services Outlook (Revenue, USD Billion; 2021–2028)

Software

Hardware

Services

Communication Outlook (Revenue, USD Billion; 2021–2028)

Wired

Wireless

End-use Outlook (Revenue, USD Billion; 2021–2028)

Commercial

Residential

Government

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2028

Chapter 3. Key Insights

Chapter 4. Building Energy Management System Market Segmentation & Impact Analysis

Chapter 5. Building Energy Management System Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Building Energy Management System Market By Industries Insights & Trends Revenue (USD Billion)

Chapter 7. Building Energy Management System Market By Type Insights & Trends Revenue (USD Billion)

Chapter 8. Building Energy Management System Market Regional Outlook

Continued…