The U.S. market is the largest regional segment and is likely to maintain its dominance
October 18, 2016
The global building energy management systems (BEMS) market is forecast to surpass $6 billion by 2023, according to a report from Global Market Insights Inc. Increasing regulatory pressure due to increasing energy waste in buildings is predicted to drive the industry over the coming years.
Automation and control technologies are directed by sophisticated software analytics and services
October 14, 2016
A new white paper from Navigant Research analyzes survey results from 202 respondents on the proliferation of energy efficient and intelligent building technologies in the commercial segment, providing insight into the customer point of view.
Systems will reduce energy consumption, support its sustainability efforts
September 22, 2016
Red Robin Gourmet Burgers and Brews announced it is rolling out new energy management systems in all of its restaurants. The project is on track for completion by early 2017 and will enable Red Robin to further reduce the resources needed to run the company’s 449 corporate-owned locations.
Software is the vehicle that translates facility data into actionable information
September 21, 2016
A new report examines the strategy and execution of 15 intelligent building software solutions providers, providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global market for building energy management systems (BEMS).
Market is being driven by increasing awareness in industrial sector for more efficient utilization of energy
September 15, 2016
The global energy management system (EMS) market was valued at $31.29 billion in 2015 and is forecast to reach $63.16 billion by 2021, increasing at a compound annual growth rate (CAGR) of 12.4 percent between 2016 and 2021, according to a report from Zion Research.
Drivers include emphasis on energy efficiency, government initiatives, rising adoption of IoT
September 12, 2016
The global smart building market is forecast to grow from $5.73 billion in 2016 to $24.73 billion by 2021, increasing at a compound annual growth rate (CAGR) of 34 percent from 2016 to 2021, according to a report published by MarketsandMarkets.
The transition to the energy cloud will redefine the relationship between buildings and energy
August 31, 2016
Changing customer demands, regulations and sustainability goals, and power regulation and resiliency concerns are leading building owners to realize that the guidelines they have traditionally used to assess their portfolios are changing, notes Navigant Research.
This patented, quick-start HVAC optimization solution gives commercial building operators affordable access to technology in OptimumLOOP™, an advanced chiller-plant optimization solution for large commercial facilities.