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Global Building Energy Software Market 2015 - Worldwide Market Size to Grow at a CAGR of 16.24% over the Period 2014-2019

ResearchMoz.us includes new market research report "Global Building Energy Software Market 2015-2019: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

 

Albany, NY -- (SBWIRE) -- 08/25/2015 -- Building Energy Management Systems (BEMS) are deployed in buildings for efficient energy performance. These systems control and manage building facilities such as lighting, electricity, fire precautions, safety, security, and heating, ventilation and air-conditioning. They are installed in buildings such as commercial buildings, IT parks, hotels, restaurants, manufacturing plants, retail outlets, and residential buildings for effective facility management.

BEMS includes hardware, software, and services. Building energy software helps in the prediction of energy usage of buildings. The software uses tools for monitoring, controlling, and optimizing electrical loads. Also, it allows the user to monitor and reduce the energy consumption of electrical and electronic devices and conserve energy. It also helps in power management by tracking the real-time energy consumption of electronic devices and comparing it with historical data. End-users obtain a holistic view of their energy performance, which is compiled through a wide array of sensing and control devices, data feeds, and analytics software.

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Global building energy software market to grow at a CAGR of 16.24% over the period 2014-2019. The report includes the present scenario and the growth prospects of the global building energy software market for the period 2015-2019. The market can be segmented into end-user analysis: Commercial Buildings, manufacturing, retail, hospital, hotels and residential.

Technavio's report, Global Building Energy Software Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global building energy software market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Market Driver:
Increase Energy and Cost Savings
For a full, detailed list, view our report

Key Market Challenge:
High Cost of Implementation
For a full, detailed list, view our report

Key Market Trend:
Increased Adoption of Building Energy Software in the Retail Industry
For a full, detailed list, view our report

Key questions answered in this report:
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?

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