Tools to gather and analyze energy data in buildings are increasingly using SaaS models
October 15, 2015
With the emergence of data analytics tools and new software-enabled hardware, building energy management services (BEMS) have expanded in capability. BEMS have benefitted from falling costs and $1.4 billion in venture capital (VC) funding to facilitate operational decisions based on analysis of building energy data, reports Lux Research.
Products are a third of the market, value-add at 44 percent, with service and maintenance taking the rest
September 23, 2015
The global building automation and control systems market is expected to be worth just over $26 billion by 2019, according to BSRIA’s new World Market Intelligence (WMI) report: 2015 World Building Automation and Control Systems (BACS) study.
Adoption of These Systems Varies Regionally Based on Industry and Regulatory Market Drivers
May 18, 2015
During the past decade, as technologies have matured and the economic benefits have become apparent, the global market for building energy management systems (BEMS) has continued to evolve, notes Navigant Research.
Industrial Energy Management Systems Are the Largest Revenue Generating Segment
March 31, 2015
The global energy management systems (EMS) market is expected to reach $44.4 billion by 2020, registering a compound annual growth rate (CAGR) of 13.75 percent from 2014 to 2020, according to a new report by Allied Market Research.
Energy Can Be the Single Largest Operating Expense in a Typical Commercial Building
March 24, 2015
Trane, a brand of Ingersoll Rand, has introduced its new Trane Building Advantage brand, a suite of energy services offerings to assist building owners and managers with managing and operating efficient and sustainable buildings.
As Market Matures, Demand Is Growing for More Integrated Solutions
March 2, 2015
Several market trends, including growing awareness of the Internet of Things (IoT) and rising demand for data-driven decision support tools, are accelerating adoption of building energy management systems (BEMS), notes Navigant Research.
New Regulations and the Adoption of Enterprise Energy Management Are Driving Market Growth
October 6, 2014
The market for building energy management systems (BEMS) for small and medium-sized commercial buildings is expanding as building owners and managers demand more energy savings and easier ways to manage energy use in their facilities, notes Navigant Research.
More Than 400 Companies Are Now Active in the Sector
August 27, 2014
The surge in demand for energy management technology has expanded, and heated up, the competitive landscape for building energy management systems (BEMS), states Navigant Research. According to a new report from the firm, Schneider Electric and Siemens now lead the BEMS market in terms of strategy and execution.
New Regulations and Adoption of Enterprise Energy Management Are Driving Market Growth
June 16, 2014
Although small and medium-sized commercial buildings represent a majority of buildings both in terms of number of buildings and square footage, they have not seen the same level of penetration of building energy management systems (BEMS) as larger facilities, notes Navigant Research. That is now changing.