The Global Building Energy Management Systems Market - Outlook to 2023: A $9.42 Billion Opportunity - ResearchAndMarkets.com
The "Building
Energy Management Systems Market - Forecasts from 2018 to 2023"
report has been added to ResearchAndMarkets.com's offering.
Global building energy management system market is estimated to reach
US$9.420 billion by 2023 at a CAGR of 9.8% over the forecast period from
the current estimate of US$5.375 billion in 2017.
The global market of building energy management services is influenced
significantly due to stringent energy efficiency standards coupled with
the rising demand for both commercial and residential buildings across
the globe.
Growing global renewable energy sector will propel the growth of
building energy management services market in the coming years owing to
rising energy costs, leading to the adoption of cleaner and renewable
energy sources for power generation by building owners.
Moreover, growing adoption of IoT and smart home appliances will also
contribute to the market growth during the forecast period. However,
high installation costs will inhibit the market growth during the
forecast period.
Geographically, North America, as well as Europe, will drive the global
market of building energy management services on account of the
supportive government initiatives undertaken towards energy management.
Asia Pacific market is also expected to contribute significantly on
account of growing economy, increasing infrastructure base of the region
and initiatives towards the making of smart cities in the region.
Key Topics Covered
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Building Energy Management Services Market by Service Type
6. Building Energy Management Services Market by End User
7. Building Energy Management Services Market by Geography
8. Competitive Intelligence
9. Company Profiles
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Siemens AG
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Johnson Controls
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Schneider Electric
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Robert Bosch GmbH
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Cylon
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Honeywell International, Inc.
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Eaton
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Emrill Services LLC
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Automated Building & Energy Controls Ltd.
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Optergy Pty Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/3nl54r/the_global?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180911005581/en/
Copyright Business Wire 2018
Source: Business Wire
(September 11, 2018 - 11:26 AM EDT)
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