September 11, 2018 - 11:26 AM EDT
Print Email Article Font Down Font Up
The Global Building Energy Management Systems Market - Outlook to 2023: A $9.42 Billion Opportunity - ResearchAndMarkets.com

DUBLIN

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

  • Siemens AG
  • Johnson Controls
  • Schneider Electric
  • Robert Bosch GmbH
  • Cylon
  • Honeywell International, Inc.
  • Eaton
  • Emrill Services LLC
  • Automated Building & Energy Controls Ltd.
  • Optergy Pty Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/3nl54r/the_global?w=4

ResearchAndMarkets.com
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Utilities


Source: Business Wire (September 11, 2018 - 11:26 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice