Building Energy Management Systems Market Report 2016-2024: Global Industry Trends, & Share

New York, USA, 2018-Jul-21 — /EPR Network/ —According to Goldstein Research, global building energy management systems market is expected to reach USD 9.2 billion in 2024 from USD 2.8 billion in 2016, growing at a CAGR of 16.0% over the forecast period 2016-2024. The emergence of IoT coupled with the growing need to curb greenhouse emission and to reduce energy consumption in buildings is one of the key factors driving the growth of the market all across the globe. Global building energy management systems market segmentation has been carried out on the basis of components and end users.

Based on end-users, commercial offices are the fastest growing end-user segment and accounted for the highest revenue share in 2016 with more than 45% revenue share. The global building energy management systems market is dominated by North America accounted for the highest revenue share of more than 30% in 2016, owing to large-scale adoption by the U.S government. In the APAC region, Korea has a major share in building energy management market compared to the other developing countries in the region owing to growing industrialization and energy requirements in the country.

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Market Segmentation

On the basis of our in-depth analysis, Global Building Energy Management SystemsMarket can be segmented as follows:

By Component Type

  • Communication Networks
  • Software
  • Hardware
  • Control Systems
  • Sensors
  • Other

By End Users

  • Commercial
  • Industrial
  • Residential

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 Global Building Energy Management Systems Market Outlook 2024 contains the detailed overview of the global building energy management systems market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by components type and by end users.

Further, for the in-depth analysis, Building Energy Management Systems Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market analysis report also includes competitive outlook of some of the major players profiling of companies such as IBM Corp., Siemens AG, Schneider Electric, Honeywell International Inc., Cisco, Eaton, General Electric Company, Johnson Controls Inc., CA TechnologiesEcova Inc., etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global building energy management systems market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on energy industry analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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