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Building Energy Management Systems (BEMS) - Global Strategic Business Report

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    Report

  • 738 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3619373
The global market for Building Energy Management Systems (BEMS) is estimated at US$4.8 Billion in 2023 and is projected to reach US$12.3 Billion by 2030, growing at a CAGR of 14.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the building energy management systems market is driven by several factors, including the increasing global focus on energy efficiency and sustainability in building design and operation. Governments around the world are implementing stricter regulations regarding energy consumption and emissions, which mandate the use of advanced systems like BEMS to ensure compliance. Technological advancements that enable more integrated, intelligent, and user-friendly systems are making BEMS more appealing to building managers and property developers.

Additionally, the economic benefits associated with reduced energy consumption and operational costs make these systems an attractive investment for corporate and residential building owners alike. Consumer behavior is also shifting towards more environmentally friendly practices, which increases the demand for green building technologies. Furthermore, the expansion of the construction industry, particularly in emerging economies, provides a significant opportunity for the growth of the BEMS market as new buildings are often equipped with modern energy management solutions from the start. These factors collectively contribute to the robust expansion of the BEMS market, ensuring its relevance and necessity in the modern energy landscape.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the BEMS Services segment, which is expected to reach US$6.8 Billion by 2030 with a CAGR of a 15.5%. The BEMS Software segment is also set to grow at 13.3% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.6 Billion in 2023, and China, forecasted to grow at an impressive 18.5% CAGR to reach $1.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Building Energy Management Systems (BEMS) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Building Energy Management Systems (BEMS) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Building Energy Management Systems (BEMS) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Accenture PLC, Delta Electronics, Inc., Daikin Industries Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 101 Featured):

  • Accenture PLC
  • Delta Electronics, Inc.
  • Daikin Industries Ltd.
  • Acuity Brands Lighting Inc.
  • Accruent LLC
  • Automated Logic Corp.
  • Bouygues SA
  • CBRE Group, Inc.
  • Daikin Applied
  • DEXMA
  • ENGIE SA
  • Albireo Energy LLC
  • Airedale International Air Conditioning Ltd.
  • AssetWorks, LLC.
  • Envizi

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • An Introduction to Building Energy Management Systems (BEMS)
  • BEMS Components
  • Advantages of BEMS
  • BEMS Envisage Symbolic Shift of Building Environment toward Higher Efficiency
  • BMS & EMS: Complementary Technologies for Boosting Energy Efficiency
  • Key Concerns with BEMS
  • Energy Management Technologies Address Pressing Need to Curb Energy Usage and Carbon Footprint
  • Riding High on Inherent Advantages, BEMS to Leap in Right Direction
  • Spiraling Demand for Electricity: The Underlying Factor Spurring Need for Efficient Energy Management
  • Projected Global Demand for Primary Energy (Mtoe) and Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
  • Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
  • Unwavering Focus on Energy Savings & Volatile Energy Prices to Catalyze BEMS Market in Long Term
  • BEMS Emerge as Indispensable Technological Component of Building Projects
  • Outlook
  • North America and Europe Dominate Global BEMS Market
  • Favorable Legislative Regime Remains Primary Force behind Adoption of Smart Building Energy Management Solutions
  • Energy Efficiency Goals and Government Directives to Buoy European BEMS Market
  • Emerging Economies Led by Asia-Pacific to Dictate Growth Momentum
  • Competitive Scenario
  • Building Energy Management Ecosystem Emerges as Convergence Point for Multiple Industries
  • Market Leaders Shape BEMS’ Competitive Landscape
  • Intense Competition Catalyzes Innovation
  • BEMS Creates Opportunities for Big Data Analytics for Buildings
  • Vendors Step up Focus on Marketing Offerings
  • ESCOs Well Positioned to Capture BEMS Market
  • Opportunities Exist for Synergies among BEMS, BACS, BMS Vendors
  • BEMS Vendors, System Integrators Join Hands with ESCOs, Software Providers to Deliver EEM Systems
  • Recent Market Activity
  • Building Energy Management Systems (BEMS) - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Regulatory Pressure to Curb Energy Wastage and Carbon Emissions: A Major Growth Driver
  • Smart Building Technologies Drive BEMS Market
  • Technological Advancements to Fuel Adoption
  • Increasing Acceptance of Sustainable Technologies Fuel BEMS Growth
  • BEMS Plays Key Role in Green Building Movement
  • Implementation of Smart Buildings and Smart Cities Boosts Prospects for BEMS
  • BEMS Proves a Cost-Effective Option for Interfacing Smart Buildings Effectively With Smart Grids
  • Global Smart Meter Annual Spending (In US$ Billion) for the Years 2021, 2023 & 2025
  • BEMS & IoT Unleash Energy and Operating Efficiency Gains for Smart Buildings
  • Emergence of IoT and Cloud Infrastructure: A Potential Game Changer for BEMS Market
  • Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
  • Using IoT for Making Energy Management More Consistent
  • Small and Medium Buildings Present a Lucrative Untapped Market for BEMS
  • Falling Hardware Costs, and Managed BEMS Services to Overcome Cost and Complexity Hurdles
  • Introduction of Renewable Energy Standards and Policies Fuel Growth for BEMS Market
  • Targets for Electricity Production from Renewable Energy Sources in Select Countries
  • Leading Countries with Renewable Energy as % of total Energy
  • Global CO2 Emissions (2015. 2020, 2040 & 2050): Percentage Breakdown of Volume Emissions by Fuel Type
  • Building Energy Management Market: Key Trends
  • Digital Twinning
  • Software-as-a-Future-Proof Solution
  • Commoditization of Hardware in Small and Medium-Sized Buildings (SMB) Landscape
  • Evolution of Facility Manager as Enterprise Application Manager
  • Future Trends in Commercial Energy Management Space
  • Tunable White Lighting
  • Smart Lighting and Internet of Things
  • Energy Management Systems
  • Increasing Usage of Solar Energy
  • Smart Metering to Control Energy Demands
  • Renewable Energy Sources for Sustainable Power
  • Role of Analytics and Data
  • Regulations and Standards: An Overview
  • Green Building Standards and Regulations
  • US Green Building Council's Leadership in Energy and Environmental Design (LEED®)
  • Green Globes®: An Alternative to LEED Certification
  • LEED Vs Green Globes
  • International Code Council's 2012 International Green Construction Code (IgCC)
  • ANSI/ASHRAE/USGBC/IES Standard 189.1-2011: Standard for the Design of High-Performance Green Buildings Except Low-Rise Residential Buildings (ASHRAE 189.1)
  • ICC 700-2012: 2012 National Green Building Standard (ICC 700)
  • The International Living Future Institute's Living Building Challenge™
  • Government Mandates for Energy Efficiency
  • Focus on Green Certification Programs for Individual Building Elements
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • TABLE 3: World 15-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • TABLE 6: World 15-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • TABLE 9: World 15-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • TABLE 12: World 15-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • TABLE 15: World 15-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • TABLE 18: World 15-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • TABLE 19: World Building Energy Management Systems (BEMS) Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Building Energy Management Systems (BEMS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Building Energy Management Systems (BEMS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • TABLE 22: World 15-Year Perspective for Building Energy Management Systems (BEMS) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Energy Conservation Regulations Propel Adoption of BEMS
  • List of Green Building Codes/Projects in Select States of the US
  • LEED Projects
  • ICC-700 National Green Building Standard
  • BEMS Driving Energy Efficiency
  • Strong Affinity for Innovative Technologies Bolsters Prospects for US BEMS Market
CANADA
JAPAN
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • BEMS Addresses Need for Reducing Exorbitant Power Bills
CHINA
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Expanding Green Buildings Market to Promote Uptake of BEMS Solutions after Temporary Slowdown
EUROPE
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • An Overview
  • Regulatory Push and Technological Advancements to Boost Momentum of European BEMS Market
  • Target Dates for Energy Efficiency Buildings for Select EU Member Countries
  • Europe’s 2020 Program and the Directive on Energy Performance in Buildings (EPBD)
FRANCE
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Growing Consumer Awareness and Government Regulations Power BEMS Market
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
  • At the Forefront of Implementing BEMS
INDIA
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • India Presents a Nascent, Albeit Opportune Market
  • BEMS: Key to Enhancing Energy Efficiency and Mitigating Maintenance Issues of Large Buildings
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
  • Uptrend in Green Building Projects in Latin America
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
  • Move towards Green Buildings, Mega Smart City Projects Portends Good Fortunes for BEMS Market
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Building Energy Management Systems (BEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • Accenture PLC
  • Delta Electronics, Inc.
  • Daikin Industries Ltd.
  • Acuity Brands Lighting Inc.
  • Accruent LLC
  • Automated Logic Corp.
  • Bouygues SA
  • CBRE Group, Inc.
  • Daikin Applied
  • DEXMA
  • ENGIE SA
  • Albireo Energy LLC
  • Airedale International Air Conditioning Ltd.
  • AssetWorks, LLC.
  • Envizi

Table Information