Global Next-Generation Building Energy Management Systems Market Expected to Grow at CAGR of 11.05% by 2020

MarketResearchReports.biz has recently announced the addition of a market study “Global Next-Generation Building Energy Management Systems 2016-2020”, is a comparative analysis of the global market.

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Albany, NY -- (SBWire) -- 07/21/2016 --About the Next-Generation Building Energy Management Systems (BEMS) Market

Energy management systems (EMS) use computer-aided tools to monitor, control, and optimize electrical loads. These systems facilitate users to conserve energy by monitoring and reducing energy consumption of electrical and electronic devices. The EMS can easily monitor energy consumption of buildings, industries, and homes. They also help in power management by tracking the real-time energy consumption of electronic devices and comparing it with historical data. The systems aid in improving communication between the device and the consumer. As a result, end-users can have a holistic view of their energy performance, which is compiled through a wide array of sensing and control devices, data feeds, and analytics software. Thus, the emerging technology EMS can facilitate better decision-making in terms of energy conservation.

Technavios analysts forecast the global Building Energy Management Systems market to grow at a CAGR of 11.05% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global BEMS market for 2016-2020. Energy management systems (EMS) use computer-aided tools to monitor, control, and optimize electrical loads. These systems facilitate users to conserve energy by monitoring and reducing energy consumption of electrical and electronic devices. The EMS can easily monitor energy consumption of buildings, industries, and homes. They also help in power management by tracking the real-time energy consumption of electronic devices and comparing it with historical data. The systems aid in improving communication between the device and the consumer. As a result, end-users can have a holistic view of their energy performance, which is compiled through a wide array of sensing and control devices, data feeds, and analytics software. Thus, the emerging technology EMS can facilitate better decision-making in terms of energy conservation.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Technavio's report, Global Next-Generation Building Energy Management Systems (BEMS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Honeywell
Johnson Controls
Schneider Electric
Siemens

Other prominent vendors
ABB
Azbil
CBRE Group
CISCO Systems
Cylon Control
Daikin Industries
Eaton Corporation
Echelon
Ecova
EnerNOC
General Electric Industrial Solutions
IBM
Lennox International
Trane
United Technologies
GridPoint
Elster
Envizi
eSight Energy
Verisae
DEXMA
Lucid
Ameresco
Wipro EcoEnergy
Verdant
C3 Energy
One Sight Solutions
Hermetic Rush Services
Energy System Technologies
EnergyIQ

Market driver
Need for energy conservation
For a full, detailed list, view our report

Market challenge
High initial cost
For a full, detailed list, view our report

Market trend
Growing investment from big players
For a full, detailed list, view our report

Key questions answered in this report
-What will the market size be in 2020 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?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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View this press release online at: http://rwire.com/708438