Global Building Energy Management Systems (BEMS) Market - (By Segments - Software, Services & Hardware; By Region - North America, Europe & Rest of the World) Market Outlook 2024

Abstract
Building Energy Management System (BEMS) is a computer-based monitoring and control system that helps to manage, control and monitor building technical services (HVAC, lighting etc.) and the energy consumption of devices used by the building. BEMS equips building managers with information and the tools which provides better understanding of the energy usage of their buildings and to control and improve their buildings' energy performance. It also helps in avoiding energy wastage by controlling different building functions through a network of sensors, controllers and actuators. BEMS comprises of various components such as Building Energy Management Systems Service (BEMS) services, Building Energy Management Systems Hardware (BEMS) hardware and Building Energy Management Systems Software (BEMS) software. Services accounts for the largest share of the global BEMS market.

Global Building Energy Management System market is poised for a period of strong growth. Demand for BEMS is spurred by various factors such as increasing demand for energy efficient systems, high energy price volatility and regulatory requirements. With increasing environmental consciousness, consumers have manoeuvred their consumption pattern in order to reduce costs and increase energy efficiency. However, factors such as associated security risks, high implementation costs and lack of skilled expertise are major factors hindering growth of the global BEMS market.

The report “Global Building Energy Management Systems (BEMS) Market – (By Segments – Software, Services & Hardware; By Region – North America, Europe & Rest of the World) Market Outlook 2024” provides information on the current scenario, detailed market outlook of the global building energy management systems market with detailed analysis of major market components such as Software, Services and Hardware markets. Future forecasts of BEMS market overall and across various sub-segments till 2024 is provided in the report. Furthermore, major industry players have been prudently analysed in the competitive landscape section of the report in order to provide key comparative insights.

Major international industry players operating in the global BEMS market include Automated Logic Corporation (United Technologies), Honeywell International Inc., Johnson Controls International PLC, Schneider Electric SE, ABB Ltd. among others. These players are profiled herein based on attributes such as business overview, product segments and financial analysis. It also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section. In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in global building energy management systems market.

Content
1. Executive Summary
2. Research Methodology
3. Building Energy Management System (BEMS): Introduction
3.1 Building Automation
3.2 Building Energy Management System (BEMS)
4. Global Building Energy Management Systems (BEMS) Market Analysis
4.1 Market Sizing (Actual & Forecasted)
4.2 Market Share Analysis
4.2.1 Market Share by Segment
4.2.2 Market share by End-User
4.2.3 Market share by Functionality
4.2.4 Market Share by Region
5. Global Building Energy Management Systems (BEMS) Market Segmentation
5.1 Services
5.1.1 Overview
5.1.2 Market Sizing (Actual & Forecasted)
5.2 Software
5.2.1 Overview
5.2.2 Market Sizing (Actual & Forecasted)
5.3 Hardware
5.3.1 Overview
5.3.2 Market Sizing (Actual & Forecasted)
6. Global Building Energy Management Systems (BEMS) Market Regional Analysis
6.1 Europe
6.1.1 Overview
6.1.2 Market Sizing (Actual & Forecasted)
6.1.3 Market Share by Nations
6.1.4 Market Share by Customer Segment
6.2 North America (The US)
6.2.1 Overview
6.2.2 Market Sizing (Actual & Forecasted)
6.2.3 Market Share by Customer Segment
6.3 Rest of World
6.3.1 Market Sizing (Actual & Forecasted)
7. Global BEMS Market Dynamics
7.1 Market Trends
7.1.1 BEMS Monitoring & Management – Cloud Penetration
7.1.2 Advent of Next Generation BEMS
7.2 Growth Drivers
7.2.1 High Demand for Energy-Efficient Systems
7.2.2 Energy Price Volatility
7.2.3 Regulatory Requirements
7.3 Challenges
7.3.1 Security Risks
7.3.2 High Implementation Costs
7.3.3 Lack of Skilled Expertise
8. Competitive Landscape
10. Company Profiles
10.1 Automated Logic Corporation
10.2 Honeywell International Inc.
10.3 Johnson Controls International PLC
10.4 Schneider Electric SE
10.5 ABB Ltd.