Building energy management system (BEMS) Market Size, Share Analysis & Industry Forecast 2016-2024 by Goldstein Market Intelligence

Global Building Energy Management System Market Outlook

Global Building Energy Management System Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024

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Report Code :HC 1335

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Global Building Energy Management System Market Outlook Global Request Building Energy Management Sample Repor System Market Share(%), By Geography Request Sample Repor t -2016-2024

Global Building Energy Management System (BEMS) Market Size USD (Billion). 2016-2024

XX XX

XX% CAGR: (2016-2024)

XX XX

7.00 7.00 33.0 %% 0% 25.0 2016 0% 28.0 0%

XX Asia Pacific

7.00 7.00 % % 32.00 % 26.00 2024 % 28.00 %

m a S

e l p North America

Europe

Latin America

Middle East and Africa

2016e 2017e 2018f

Source: Goldstein Research

2019f

2020f

2021f

2022f

2023f

Source: Goldstein Research

Hardware segment accounted for the highest market share XX% in global Building In 2016,

Energy Management System market

Global Building Energy Management System Market Share(%), By Component Type -2016

35.00%

2024f

32.00%

XX%

Global Building Energy Management System Market Share (%), By End Users - 2016

33.13%

Software

Hardware

Source: Goldstein Research

42.77%

24.10%

33.00% Communication Networks

North America

With share in 2016, dominated the global Building Energy Management System market

Commercial

Industrial

Residential

Source: Goldstein Research

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Global Building Energy Management System Market Outlook 

Request Sample Repor Request The global market for building energy management system (BEMS) istestimated to beSample Repor USD XX billion in 2016, which is anticipated to reach USD XX billion by 2024. t building energy management system is a large system with various components to monitor the energy consumptions and further control and manage it, in order to achieve efficiency goals by using advanced energy usage control techniques..

 The world is faced with the fact that at current consumption rates, natural resources are becoming depleted, and the use of carbon producing fuel sources is causing significant harm to the environment. With these facts in mind, increasing attention has been placed on the built environment for solutions.

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Functionality of Building Energy Management System

 According the US Department of Energy (DOE), commercial buildings consume almost XX% of the energy produced in the US, while both commercial and residential buildings produce about Xx% of the greenhouse gas emissions. Additionally, buildings consume over XX% of the electricity produced in the United States. Thus, energy management is one of the many tools that can be used to operate buildings more efficiently to deal with such large consumption and pollution rates.

Technological Advancements

 Geographic location generally determines climate related effects on energy consumption. For example, the extremes of hot summers in southern locations and cold winters in northern locations significantly affect a building’s energy spend. Moreover, having an BEMS for one building is different than procuring one for a campus or portfolio of buildings. When more than one building is involved, it should be a consideration that the BEMS can “roll up” and summarize the data from all sites as well as make comparisons of individual buildings.

Cost Efficiency

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 The main issue that needs to be overcome with regard to increasing the knowledge base of a building’s energy use is the granularity of the information that can be gleaned from the various building automation components. This can be accomplished through the use of sub meters, or meters that are placed “inside” the utility master meter so that individual pieces of equipment, buildings, facilities, or departments can gauge their energy or resource usage.

Environmental Concerns

Global Building Energy Management System Market Size (USD Billion) North America

2016

USD XX Billion

2024

USD XX Billion

Europe USD XX Billion

USD XX Billion

Asia-Pacific USD XX Billion

USD XX Billion

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Global Building Energy Management System ( BEMS) Market Size (USD Billion) & Growth Analysis

Global Building Energy Management System Market Size (USD Billion)-20162024

Request Sample Repor t Request Sample Repor t XX

XX XX

XX 2016e

2017e

Source: Goldstein Research

2018f

2019f

2020f

e l p

m a S

2021f

2022f

2023f

2024f

Global Building Energy Management System Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. BEMS are commonly implemented in buildings for the management of the energy facilities and, they could represent up to XX% of the energy savings. The rising concerns over environmental conservation, adoption of BEMS is continuously rising. Commercial & Residential Buildings are the biggest consumer of BEMS market, who consumes over XX % of total energy and the Key areas focused are HVAC, lighting, Refrigeration and others. Whereas, consumer electronics (CE) will account for XX% of domestic electricity usage by 2020 due to the fact that electronics must become more efficient over the forecast period. Most US home appliance motors have been driven by inefficient electromechanical control systems, using up over XX% of electricity. Major home appliances consuming high power are refrigerators, washers & dryers, vacuum cleaners, air conditioners, gas boilers, dishwashers, pool pumps, etc. Adding intelligence to motors in industrial and household appliances requires accurate system development using graphical languages from companies such as National Instruments to model software design from algorithm to implementation. Copyright

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Market Players-2016 Global Building Energy Management System Market Share (%) , By Companies, 2016

Request Sample Repor t Request Sample Repor Johnson t Controls Inc.; XX IBM Corp; XX% % General Electric Siemens AG; XX Company; XX% % Eaton; XX% Schneider Cisco; XX% Electric; XX% Honeywell International Inc.; XX% Source: Goldstein Research

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Global Building Energy Management System Market Share (%), By Geography, 2016

North America XX%

Europe XX%

Middle East& Africa XX%

Asia Pacific XX%

Latin America XX % Source: Goldstein Research

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Growth Drivers

Request Sample Repor t Request Sample Repor The energy sector requires significant long-term investment to develop the supply t and distribution infrastructure

Government Regulation Impact Over Energy Conservation & BEMS Business Models 

required to provide the energy services expected by customers both large and small. This investment is motivated on the basis of social and economic goals, usually at a national level and consequently some degree of risk management is required to ensure the long-term security of the investment. 

Energy regulation is also closely linked to energy policy, planning and strategies for implementation. It is also linked to the financial and economic status of the environment in which the energy services are provided. This provides upper hand to the existing market players to expand & new market players to enter the market.

Building Energy Management System Business Model

U.S. Government Spending in Building Energy Management System Market, 2013-2018

e l p XX

m a S

Source: Goldstein Research

Impact Analysis:-

 Globally, the government regulation have direct impact on the business model & revenue structure of a market player. More the favorable policies, more profits the business can expect over a period of time.

2013

2014

2015

2016

2017

Source: Goldstein Research

High

Medium

Impact on Global Building Energy Management System Market Copyright

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Low

2018

Market Restraints

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Request Sample Repor Sample Repor It is now recognized that connected buildings are potentially highly vulnerable to cyber-attack, the more so because those t Request responsible for commissioning and running buildings will often have little experience of thetnature of the cyber threat and how to Technological Threats - Cyber Attacks

respond to it. This means that, while more suppliers are offering solutions to help protect buildings, the procedures adopted by building managers will be just as critical.

Smart buildings of today are connected to a network with IT data centers and remote access servers used via open protocols. Although these systems have substantial advantages, they are also highly susceptible to cyber risks. Unfortunately, the control systems for heating, lighting and security in most buildings have generally not been developed with technology designed to be connected. In fact, decision-makers in charge of BMS often consider the risks of cyber security to be abstract and irrelevant to their tertiary and therefore, non-critical installations, unlike with ICS or smart systems.

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However, breakdowns due to equipment failures are not new and these incidents have already been reported hundreds of times. Although statistical analyses and redundancy techniques used by specialists in operational safety are effective methods for managing the risk of equipment failure, they do not cover the risks of cyber attacks. It seems unlikely that two redundant systems would break down at the same time; however, a hacker can take control of two systems simultaneously.

Cyber Security Threat Vectors For Smart Buildings

Impact Analysis: Cloud services can be misused to commit nefarious cyber crimes, right from usage of cloud resources to access encryption keys, to launching DDoS attacks on an enterprise’s servers. Use of an enterprise’s cloud resources for such cyber crimes has the following impacts:

Impact on Global Building Energy Management System Market High

Medium

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Low

Global Building Energy Management System Market Outlook : 2016-2024 Global Building Energy Management System Market Share (%), By End User, 2016-2024

Commercial

34.00%

XX%

2016

44.00%

XX%

2024

Industrial

XX%

22.00%

Residential

Source: Goldstein Research

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Request Sample Repor Request Sample Repo t The tinstallation of building energy management system in commercial buildings accounted for USD XX billion in 2016 and by 2024 it is anticipated to reach USD XX billion, growing at a CAGR of XX% during the forecast period (2016-2024).

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Commercial buildings consume almost XX% of the energy produced globally, while both commercial and residential buildings produce about XX% of the greenhouse gas emissions, inducing the demand for application of BEMS.

Energy Management for Global Building Energy Management System Market Y-O-Y Growth, commercial buildings mainly By End User, 2016-2024 focuses in the area of energy conservation measures or programs. Energy recovery is largely XX% XX% implemented in industrial settings, XX% XX% XX% XX% XX% XX% however there are innovative XX% solutions for commercial buildings such as air-to-air heat exchangers on the HVAC system.

2016e

2017e

2018f

2019f

2020f

2021f

2022f

2023f

2024f

Source: Goldstein Research

Global Building Energy Management System Market Size (USD Billion), By End User-2016-2024 XX XX XX

XX XX

2016 Commercial

2024 Industrial

Residential

Source: Goldstein Research

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Global Building Energy Management System Market Attractiveness and BPS Analysis by End User, 2016-2024 Global

Request Sample Repor t Request Sample Repor Building Energy Management System Market Attractiveness-By End t User, 2016-2024 6.00%

CAGR (%)

5.00%

4.00%

3.00%

2.00%

1.00%

0.00% 200

250

300

350

400

Commercial Source: Goldstein Research

Industrial

e l p 450

Market Size (USD Billion)

500

550

Residential

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Water based adhesive segment holds the largest revenue share in the global Building Energy Management System market as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period. Building Energy Management System market is relying on the adoption of EHR (Electronic health record) software by various healthcare facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales.

Global Building Energy Management System Market BPS Analysis- By End User, 2016-2024 XX% XX%

XX%

XX% XX%

Residential

XX%

24.00%

XX%

Industrial 22.00%

XX% Commercial

XX% XX%

43.00%

44.00%

2016

2024

XX% XX%

Source: Goldstein Research

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North America Building Energy Management System Market Size (USD Billion) & Y-O-Y growth (%), By Region- 2016-2024 North America Building Energy Management System Market Size (USD Billion)-2016-2024

Request Sample Repor t Request Sample Repor t XX%

XX%

XX XX

CAGR: (2016-2024) XX

XX%

XX XX

e l p XX% XX%

XX%

XX XX

XX%

XX XX XX 2016e

2017e

Source: Goldstein Research

XX%

2019f

North America Building Energy Management System Market Size (USD Billions), By Country2016-2024

2020f

XX% XX%

m a S

2018f

XX%

2021f

2022f

XX% XX% XX%

2023f

2024f

North America Building Energy Management System Market Size (USD Billion), By End User -2016

XX%

XX% XX%

XX%

XX XX

XX%

XX% XX% 2016

XX% 2016

2024 Commercial US

Industrial

Canada

Source: Goldstein Research

2024

Source: Goldstein Research

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Residential

United States Building Energy Management System Market Size (USD Billion) & Y-O-Y growth (%), 20162024

Request Sample Repor Request Sample Repor United States Building Energy Management System Market Size (USD Billion), Compound Annual t Growth Rate (%), Y-O-Y Growth Rate (%), 2016-2024 t XX%

XX XX

XX%

XX XX

XX XX XX

XX%

XX XX XX 2016e

m a S XX%

2017e

e l p XX

CAGR: (2016-2024) XX

XX%

2018f

XX%

2019f

XX%

2020f

2021f

Source: Goldstein Research

Key Insights

XX%

2022f

XX%

2023f

XX% XX% XX% XX% XX% XX% XX% XX% XX%

2024f

United States New Commercial Building Construction, 2012-2016 XX

North America accounts for XX% share of the world BEMS market, valued at USD XX billion in 2016, up by XX% in 2016, primarily driven by Federal and State-specific regulatory initiatives, addressing corporate social responsibility and green reporting commitments in the public sector and big business, and supply-side urge for â&#x20AC;&#x153;smart energyâ&#x20AC;? solutions.

XX XX

XX XX XX

While major building automation companies have a high market share in the region, they are being challenged by specialist suppliers in North America region.

Nearly half of total revenue generated which is growing at 10% per annum, is driven principally by the need to comply with legislative and regulatory measures, and by concerns over energy prices and energy security.

XX XX

XX 2012

2013

2014

2015

Source: Goldstein Research

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2016

North America Building Energy Management System Market Attractiveness-By Country, 2016-2024 North America Building Energy Management System Market Attractiveness-By Country, 2016-2024 XX

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CAGR (%)

XX XX

e l p m a S XX

Market Size (USD Billion) Canada

Source: Goldstein Research

United States

According to the above graph, US Building Energy Management System market is anticipated to be the most attractive market across the region, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 2016-2024 Busy lifestyles mean that meal times and occasions are becoming less prevalent and people are seeking quick and convenient, yet healthy, solutions. Continuing to trend in the restaurant sector, the major companies are expected to offer further opportunities for innovation.

North America North America Building Energy Management System Market BPS Analysis- By Country, 2016-2024 XX% XX%

30%

XX%

40% Canad a

XX% XX% XX% XX%

70%

XX%

US 60%

XX% XX% XX% 2016

2024

Source: Goldstein Research

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Global Building Energy Management System Market Outlook Siemens AG (Company Overview & Business Strategy)

Founded 1847

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Employees 351,000

Company Overview 

Siemens AG is incorporated in Germany, with corporate headquarters situated in Munich., Germany.



The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC).



Cisco Systems Inc. is traded on ETR stock exchange, Europe



Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It is also a supplier of systems for power generation and transmission, as well as medical diagnosis.



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Siemens AG, is one of the world’s largest suppliers of technology to the healthcare industry and a leader in medical imaging and laboratory diagnostics. Company provide medical technology and software solutions as well as clinical consulting services, supported by a complete set of training and service offerings.

Website

Headquarters Germany

www.Siemens.com

Industrial Automation Business Segments

Business Segments Healthineers

Couplings

e l p Energy

Gears & Motors

Building Technologies

Process Instrumentation Systems

Drive Technologies

Wired and Wireless Communication

Industrial Automation

Material Handling Equipments

Mobility

Services

Business Strategy

 Innovation and Investment Strategy: The Process Industries and Drives Division offers a comprehensive product, software, solution and service portfolio for moving, measuring, controlling and optimizing all kinds of mass flows. With its know-how in vertical industries including oil and gas, shipbuilding, mining, cement, fiber, chemicals, food and beverage, and pharmaceuticals, the Division increases productivity, reliability and flexibility of machinery and installations along their entire life cycle jointly with its customers. Strategic partnerships are an essential part of Siemens strategy to reach this goal.  Further, the company is focusing towards the expansion of its product portfolio by acquiring rivalry companies such as Mentor Graphics, CD-adapco, Dresser Rand, Invensys Rail, LMS International NV, Bayer diagnostics and many more. Prior acquisitions have resulted in a wide range of outcomes, from successful introduction of new products and technologies.

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Global Building Energy Management System Market Outlook

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