Building Energy Management Systems Market

With a global revenue for building energy management systems of 4 0 billion in 2017 and a forecast for the bems market of over 13 1 billion by 2026 the picture indeed looks rosy.

Building energy management systems market.

According to technavio this market is expected to witness a cagr of over 11 by the end of 2020. The global energy management systems market size is expected to reach 62 3 billion by 2023 from 25 9 billion in 2016 growing at a cagr of 13 5 during the forecast period 2017 2023. Increasing global demand for energy efficiency in the construction sector will drive the market growth. Building energy management systems market size is anticipated to witness significant growth during 2020 to 2026.

Bems market research 2026. With the development of the construction and energy ecosystems this industry has also evolved over the past two years and is. Building energy management systems. The report on building energy management system market offers in depth analysis on market trends drivers restraints opportunities etc.

Johnson controls building automation system metasys has been contributing significantly to the continuously growing global next generation building energy management systems market. The market is segmented by component communication technology end. The building energy management systems market is expected to witness high growth during the forecast period i e 2020 2028.