Vancouver, BC -- (SBWIRE) -- 03/08/2021 -- building energy management system market is expected to reach a market size of USD 16.92 Billion at a steady CAGR of 11.8% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to increasing government incentives and policies such as tax benefits related to energy efficiency and associated solutions and services. Policies of government bodies regarding minimization of energy consumption such as Leadership in Energy and Environmental Design (LEED) and Green Rating for Integrated Habitat Assessment (GRIHA) in India is expected to have favorable impact on growth of the building energy management systems market in the country.

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The Global Building Energy Management System Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.

Key players in the market include ABB, Accenture, Cisco Systems, Emerson Electric Co., General Electric, Hitachi Ltd., Honeywell international Inc., IBM, Johnson Controls and Schneider Electric.

Significant driving forces shaping the future of the Building Energy Management System market for the forecast period 2020 – 2028 find a special mention in the study and are backed by a real-time statistics. Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry's growth.

Components and services Outlook (Revenue, USD Billion; 2021–2028)
Software
Hardware
Services

Communication Outlook (Revenue, USD Billion; 2021–2028)
Wired
Wireless

End-use Outlook (Revenue, USD Billion; 2021–2028)
Commercial
Residential
Government

To help gain the business owner further gain business intelligence the study on the Building Energy Management System market for the forecast period 2020 - 2028 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation. A thorough assessment of market performance across different regions is presented through self-explanatory graphic images, charts, and tables that add weight to corporate presentations and marketing materials. The study offers regional profiles of major vendors and extensive country-level break down to empower companies to make a wise investment decision when exploring new regions.

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Report Highlights:

The report conducts a comparative assessment of the leading market players participating in the global Building Energy Management System market.
The report marks the notable developments that have recently taken place in the Building Energy Management System industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Building Energy Management System market value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.

The report classifies the global Building Energy Management System market into various regions, including:

North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Building Energy Management System Market Segmentation & Impact Analysis

    4.1. Building Energy Management System Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing energy consumption and prices

                    4.2.2.2. Rising government policies regarding energy efficiency

                    4.2.2.3. Increasing smart grid services

          4.2.3. Market restraints analysis

                    4.2.3.1. Lack of awareness among consumers

                    4.2.3.2. High initial investment

                    4.2.3.3. Present challenging economic conditions due to the pandemic

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter's Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Building Energy Management System Market By Components and services Insights & Trends, Revenue (USD Billion)

    5.1. Components and services Dynamics & Market Share, 2020 & 2028

          5.1.1. Software

          5.1.2. Hardware

          5.1.3. Services 

Chapter 6. Building Energy Management System Market By Communication Insights & Trends Revenue (USD Billion)

    6.1. Communication Dynamics & Market Share, 2020 & 2028

          6.1.1. Wired

          6.1.2. Wireless      

Chapter 7. Building Energy Management System Market By End-use Insights & Trends, Revenue (USD Billion)

    7.1. End-use Dynamics & Market Share, 2020 & 2028

          7.1.1. Commercial

          7.1.2. Residential

          7.1.3. Government

Continue…!

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