Building Energy Management Systems (BEMS) are deployed in buildings for efficient energy performance. These systems control and manage building facilities such as lighting, electricity, fire precautions, safety, security, and heating, ventilation and air-conditioning. They are installed in buildings such as commercial buildings, IT parks, hotels, restaurants, manufacturing plants, retail outlets, and residential buildings for effective facility management.
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Technavio's analysts forecast the global building energy management system market to grow at a CAGR of 16.5% over the period 2014-2019.
Covered in this Report
The global building energy management system market can be segmented into three divisions on the basis of components: Hardware, software, and services. On the basis of end-users, the market has been segmented into the following five divisions: Commercial buildings, manufacturing facilities, educational institutions and hospitals, government institutes, and others.
Technavio s report, the Global Building Energy Management System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors.
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Siemens Building Technologies
Other Prominent Vendors
Need to Minimize Energy Consumption
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High Initial Investment and Long Payback Period