Dec. 24, 2012: Building Energy Management Systems Market to Reach Nearly $320 Million by 2020
Utilities are looking to BEMS to help boost the effectiveness of their energy efficiency and demand-side management programs, better understand customer energy use patterns, and engage multiple segments of their commercial client base with new money-saving programs, noted Pike Research. At the same time, commercial building energy management vendors are finding that these technologies can help them gain access to large new customer bases that were previously cost-prohibitive to access.
“The market for BEMS for utility customers is still nascent, with most of the leading activity being driven by utilities in the United States and Canada,” said senior research analyst Eric Bloom. “On the vendor side, the BEMS market is made up of large, well-established players as well as smaller, more nimble companies that have the ability to disrupt the market dynamics with innovative technical solutions and pricing models. Other formidable market entrants include large IT firms, which offer expertise in handling enterprise-level integration and large volumes of data.”
The capabilities of BEMS solutions vary widely, according to the report. While active systems can control all or portions of the building’s infrastructure systems, passive BEMS perform a monitoring and analysis function only. Enterprise-wide solutions can report information to all levels of a large and geographically diverse organization, whereas others are designed for a single facility. Some systems require connection to a number of meters and building systems for their data, while others require no touch at all and can be implemented remotely, without ever visiting the structure.
Publication date: 12/24/2012