Global Building Energy Management System

Global Building Energy Management System Market Research Report: Forecast (2021-2026)

By Type of Component (Hardware, Software, Services), By Communication Technology (Wired Vs Wireless), By End Users (Corporates, Retail Malls, Residential Units, Government, Hospitality, Healthcare & E Read more

  • Buildings, Construction, Metals & Mining
  • Oct 2021
  • 224
  • BM44002

Market Defination

Building Energy Management System (BEMS) is a sophisticated system used for monitoring & controlling a building's energy needs like lighting or security measures, Heating, Ventilation & Air Conditioning (HVAC), etc.

Market Insights

The Global Building Energy Management System Market is anticipated to grow at a CAGR of around 14.7% during the forecast period, i.e., 2021-26, says MarkNtel Advisors. The global energy demand is currently rising at an astronomical pace. As per International Energy Agency (IEA), it is likely to surge by 4.6% in 2021, compared to 4% contraction in 2020 and pushing demand 0.5% above 2019 levels. 

Approximately 70% of the expected rise in global energy demand is in emerging economies, which would increase to 3.4% of 2019 levels. This exponentially rising demand is exerting immense pressure on natural resources, which, in turn, propels the need for building energy management systems.

The global building & construction sector accounts for around 40% of energy & process-related consumption, i.e., nearly one-third of the energy consumption worldwide. Hence, the need for Building Energy Management Systems is significantly increasing around the world, further states the research report, “Global Building Energy Management System Market Analysis, 2021.”

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 14.7%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Germany, Nordic Countries
Asia-Pacific: China, India, Japan, South Korea, Others
South America: Brazil, Others
Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
Key Companies Profiled ABB, Siemens, Honeywell, Schneider Electric, Johnson Control, Daikin, Emerson, Ingersoll, General Electric, Azbil
Unit Denominations

USD Million/Billion

 

Further, the launch of new products by the industry players is also contributing to the market growth. For instance, In February 2020, Honeywell International Inc. had launched its first autonomous building sustainable solution to fight mounting energy consumption, named Honeywell Forge Energy Optimization. It's a cloud-based, closed-loop machine learning solution that automatically adjusts to ideal energy-saving settings without compromising the comfort level by continuously observing the building's energy consumption patterns.

Impact of COVID-19 Outbreak on the Global Building Energy Management System Market

Last year, the COVID-19 pandemic adversely impacted the economy of most countries across the world. Since industrial operations got halted, several businesses experienced severe financial crises. However, the Global Building Energy Management System Market suffered the mixed impact of the pandemic. On one front, the temporary or complete shutdown of prominent industries & production plants declined the energy demand across the industrial sector. Due to lockdown & stringent movement restrictions, countries like the UK, US, India witnessed a decline in their energy demand of around 15%. The repeated waves of the pandemic kept extending movement restrictions and continued to reduce global energy demand across industries & office spaces.

On the other hand, the mounting trends of work-from-home and rapidly expanding e-online shopping, school classes, etc., led to a significant surge in household energy consumption, which, in turn, demanded energy management systems across the residential sector amidst the crisis. Hence, the rapidly increasing household energy needs due to the trends cited above are demanding more energy & electricity, which, in turn, is expected to drive the global market for energy management systems in the coming years.

1.      Introduction

1.1.   Research Process

1.2.   Product/Service Overview

1.3.   Market Segmentation

1.4.   Assumptions

2.      Glossary

3.      Executive Summary

4.      Expert Verbatim- What our Experts Say?

5.      Global Building Energy Management Market Analysis, 2016-2026F

5.1.   Market Potential

5.1.1.Market Revenues

5.2.   Market Segmentation & Revenue Shares

5.2.1.By Component

5.2.1.1.  Hardware

5.2.1.2.  Software

5.2.1.3.  Services

5.2.2.By Communication Technology

5.2.2.1.  Wired

5.2.2.2.  Wireless

5.2.3.By End Users

5.2.3.1.  Corporates

5.2.3.2.  Retail Malls

5.2.3.3.  Residential Units

5.2.3.4.  Government

5.2.3.5.  Hospitality

5.2.3.6.  Healthcare & Educational Institutes

5.2.3.7.  Others

5.2.4.By Region

5.2.4.1.  North America

5.2.4.2.  South America

5.2.4.3.  Europe

5.2.4.4.  Middle East & Africa

5.2.4.5.  Asia Pacific

5.2.5.By Leading Companies

5.2.5.1.  Market Share

5.2.5.2.  Strategic Factorial Indexing

5.2.5.3.  Competitors Alignment in MarkNtel Competition Quadrant

5.3.   Global Building Energy Management Market Attractiveness Indexing

5.3.1.By End User

5.3.2.By Region

5.3.2.By Country

6.      North America Building Energy Management Market Analysis, 2016-2026F

6.1.   Market Potential

6.1.1.Market Revenues

6.2.   Market Segmentation & Revenue Shares

6.2.1.By Component

6.2.2.By Communication Technology

6.2.3.By End Users

6.2.4.By Country

6.2.4.1.  The US

6.2.4.2.  Canada

6.2.4.3.  Mexico

6.3.   The US Building Energy Management Market Analysis, 2016-2026F

6.3.1.Market Potential

6.3.1.1.  Market Revenues

6.3.2.Market Segmentation & Revenue Shares

6.3.2.1.  By Component

6.3.2.2.  By Communication Technology

6.3.2.3.  By End Users

6.3.2.4.  By Region

6.4.   Canada Building Energy Management Market Analysis, 2016-2026F

6.4.1.Market Potential

6.4.1.1.  Market Revenues

6.4.2.Market Segmentation & Revenue Shares

6.4.2.1.  By Component

6.4.2.2.  By Communication Technology

6.4.2.3.  By End Users

6.4.2.4.  By Region

6.5.   Mexico Building Energy Management Market Analysis, 2016-2026F

6.5.1.Market Potential

6.5.1.1.  Market Revenues

6.5.2.Market Segmentation & Revenue Shares

6.5.2.1.  By Component

6.5.2.2.  By Communication Technology

6.5.2.3.  By End Users

6.5.2.4.  By Region

7.      South America Building Energy Management Market Analysis, 2016-2026F

7.1.   Market Potential

7.1.1.Market Revenues

7.2.   Market Segmentation & Revenue Shares

7.2.1.By Component

7.2.2.By Communication Technology

7.2.3.By End Users

7.2.4.By Country

7.2.4.1.  Brazil

7.2.4.2.  Others

7.3.   Brazil Building Energy Management Market Analysis, 2016-2026F

7.3.1.Market Potential

7.3.1.1.  Market Revenues

7.3.2.Market Segmentation & Revenue Shares

7.3.2.1.  By Component

7.3.2.2.  By Communication Technology

7.3.2.3.  By End Users

7.3.2.4.  By Region

8.      Europe Building Energy Management Market Analysis, 2016-2026F

8.1.   Market Potential

8.1.1.Market Revenues

8.2.   Market Segmentation & Revenue Shares

8.2.1.By Component

8.2.2.By Communication Technology

8.2.3.By End Users

8.2.4.By Country

8.2.4.1.  The UK

8.2.4.2.  Germany

8.2.4.3.  France

8.2.4.4.  Nordic Countries

8.3.   The UK Building Energy Management Market Analysis, 2016-2026F

8.3.1.Market Potential

8.3.1.1.  Market Revenues

8.3.2.Market Segmentation & Revenue Shares

8.3.2.1.  By Component

8.3.2.2.  By Communication Technology

8.3.2.3.  By End Users

8.3.2.4.  By Region

8.4.   France Building Energy Management Market Analysis, 2016-2026F

8.4.1.Market Potential

8.4.1.1.  Market Revenues

8.4.2.Market Segmentation & Revenue Shares

8.4.2.1.  By Component

8.4.2.2.  By Communication Technology

8.4.2.3.  By End Users

8.4.2.4.  By Region

8.5.   Germany Building Energy Management Market Analysis, 2016-2026F

8.5.1.Market Potential

8.5.1.1.  Market Revenues

8.5.2.Market Segmentation & Revenue Shares

8.5.2.1.  By Component

8.5.2.2.  By Communication Technology

8.5.2.3.  By End Users

8.5.2.4.  By Region

8.6.   Nordic Countries Building Energy Management Market Analysis, 2016-2026F

8.6.1.Market Potential

8.6.1.1.  Market Revenues

8.6.2.Market Segmentation & Revenue Shares

8.6.2.1.  By Component

8.6.2.2.  By Communication Technology

8.6.2.3.  By End Users

8.6.2.4.  By Region

9.      Middle East & Africa Building Energy Management Market Analysis, 2016-2026F

9.1.   Market Potential

9.1.1.Market Revenues

9.2.   Market Segmentation & Revenue Shares

9.2.1.By Component

9.2.2.By Communication Technology

9.2.3.By End Users

9.2.4.By Country

9.2.4.1.  UAE

9.2.4.2.  Saudi Arabia

9.2.4.3.  South Africa

9.2.4.4.  Rest of MEA

9.3.   UAE Building Energy Management Market Analysis, 2016-2026F

9.3.1.Market Potential

9.3.1.1.  Market Revenues

9.3.2.Market Segmentation & Revenue Shares

9.3.2.1.  By Component

9.3.2.2.  By Communication Technology

9.3.2.3.  By End Users

9.3.2.4.  By Region

9.4.   Saudi Arabia Building Energy Management Market Analysis, 2016-2026F

9.4.1.Market Potential

9.4.1.1.  Market Revenues

9.4.2.Market Segmentation & Revenue Shares

9.4.2.1.  By Component

9.4.2.2.  By Communication Technology

9.4.2.3.  By End Users

9.4.2.4.  By Region

9.5.   South Africa Building Energy Management Market Analysis, 2016-2026F

9.5.1.Market Potential

9.5.1.1.  Market Revenues

9.5.2.Market Segmentation & Revenue Shares

9.5.2.1.  By Component

9.5.2.2.  By Communication Technology

9.5.2.3.  By End Users

9.5.2.4.  By Region

10.   Asia Pacific Building Energy Management Market Analysis, 2016-2026F

10.1. Market Potential

10.1.1.   Market Revenues

10.2. Market Segmentation & Revenue Shares

10.2.1.  By Component

10.2.2.  By Communication Technology

10.2.3.  By End Users

10.2.4.  By Country

10.2.4.1. China

10.2.4.2. Japan

10.2.4.3. South Korea

10.2.4.4. India

10.2.4.5. Others

10.3. China Building Energy Management Market Analysis, 2016-2026F

10.3.1. Market Potential

10.3.1.1. Market Revenues

10.3.2. Market Segmentation & Revenue Shares

10.3.2.1. By Component

10.3.2.2. By Communication Technology

10.3.2.3. By End Users

10.3.2.4. By Region

10.4. Japan Building Energy Management Market Analysis, 2016-2026F

10.4.1. Market Potential

10.4.1.1. Market Revenues

10.4.2. Market Segmentation & Revenue Shares

10.4.2.1. By Component

10.4.2.2. By Communication Technology

10.4.2.3. By End Users

10.4.2.4. By Region

10.5. South Korea Building Energy Management Market Analysis, 2016-2026F

10.5.1. Market Potential

10.5.1.1. Market Revenues

10.5.2. Market Segmentation & Revenue Shares

10.5.2.1. By Component

10.5.2.2. By Communication Technology

10.5.2.3. By End Users

10.5.2.4. By Region

10.6. India Building Energy Management Market Analysis, 2016-2026F

10.6.1. Market Potential

10.6.1.1. Market Revenues

10.6.2. Market Segmentation & Revenue Shares

10.6.2.1. By Component

10.6.2.2. By Communication Technology

10.6.2.3. By End Users

10.6.2.4. By Region

11.   Global Building Energy Management Market Value Chain

12.   Global Building Energy Management Market Regulations, Building Codes, Product Benchmarks

13.   Global Building Energy Management Market Trends & Insights

14.   Global Building Energy Management Market Dynamics

14.1.   Growth Drivers

14.2.   Challenges

14.3.   Impact Analysis

15.   Global Building Energy Management Market White Spaces, Hotspots & Opportunities

16.   Global Building Energy Management Market Key Strategic Imperatives for Growth & Success

17.   Global Building Energy Management Market Porters Five Forces Analysis

18.   Global Building Energy Management Market Competition Outlook

18.1.   Competition Matrix

18.1.1.   Product Portfolio

18.1.2.   Brand Specialization

18.1.3.   Target Markets

18.1.4.   Target End Users

18.1.5.   Research & Development

18.1.6.   Strategic Alliances

18.1.7.   Strategic Initiatives

18.2.   Company Profiles

18.2.1. ABB

18.2.2. Siemens

18.2.3. Honeywell

18.2.4. Schneider Electric

18.2.5. Johnson Control

18.2.6. Daikin

18.2.7. Emerson

18.2.8. Ingersoll

18.2.9. General Electric

18.2.10.   Azbil

19.   About Us & Contact Details

Global Building Energy Management Segmentation
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