Lewes, DE -- (SBWIRE) -- 01/19/2019 -- Building Energy Management System (BEMS) is a computer-based monitoring and control system that helps to manage, control and monitor building technical services (HVAC, lighting etc.) and the energy consumption of devices used by the building. BEMS equips building managers with information and the tools which provides better understanding of the energy usage of their buildings and to control and improve their buildings' energy performance. It also helps in avoiding energy wastage by controlling different building functions through a network of sensors, controllers and actuators. BEMS comprises of various components such as Building Energy Management Systems Service (BEMS) services, Building Energy Management Systems Hardware (BEMS) hardware and Building Energy Management Systems Software (BEMS) software. Services accounts for the largest share of the global BEMS market.

Global Building Energy Management System market is poised for a period of strong growth. Demand for BEMS is spurred by various factors such as increasing demand for energy efficient systems, high energy price volatility and regulatory requirements. With increasing environmental consciousness, consumers have manoeuvred their consumption pattern in order to reduce costs and increase energy efficiency. However, factors such as associated security risks, high implementation costs and lack of skilled expertise are major factors hindering growth of the global BEMS market.

The report "Global Building Energy Management Systems (BEMS) Market – (By Segments – Software, Services & Hardware; By Region – North America, Europe & Rest of the World) Market Outlook 2024" provides information on the current scenario, detailed market outlook of the global building energy management systems market with detailed analysis of major market components such as Software, Services and Hardware markets. Future forecasts of BEMS market overall and across various sub-segments till 2024 is provided in the report. Furthermore, major industry players have been prudently analysed in the competitive landscape section of the report in order to provide key comparative insights.

Major international industry players operating in the global BEMS market include Automated Logic Corporation (United Technologies), Honeywell International Inc., Johnson Controls International PLC, Schneider Electric SE, ABB Ltd. among others. These players are profiled herein based on attributes such as business overview, product segments and financial analysis. It also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section. In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in global building energy management systems market.

Advent of Next Generation BEMS has led to integration of building systems for better synchronization and monitoring of data on energy usage and better optimization. The report "Global Building Energy Management Systems (BEMS) Market – (By Segments – Software, Services & Hardware; By Region – North America, Europe & Rest of the World) Market Outlook 2024" provides in-depth analysis of the current scenario, detailed market outlook of the global Building Energy Management System (BEMS) market overall as well as across various sub-segments such as Software, Services & Hardware. Regional analysis is done across major markets in North America, Europe and Rest of the World.

The report provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Furthermore, the study encompasses various market specific growth opportunities in global Building Energy Management System (BEMS) market.

The report has been segmented as following:-

Market Segmentation
- Software
- Services
- Hardware

Geographical Coverage
- North America (The US)
- Europe
- Rest of the World (RoW)

Key Vendors
- Automated Logic Corporation (United Technologies)
- Honeywell International Inc.
- Johnson Controls International PLC
- Schneider Electric SE
- ABB Ltd.

Spanning over 78 pages "Global Building Energy Management Systems (BEMS) Market – (By Segments – Software, Services & Hardware; By Region – North America, Europe & Rest of the World) Market Outlook 2024" report covers Executive Summary, Research Methodology, Building Energy Management System (BEMS): Introduction, Global Building Energy Management Systems (BEMS) Market Analysis, Global Building Energy Management Systems (BEMS) Market Segmentation, Global Building Energy Management Systems (BEMS) Market Regional Analysis, Global BEMS Market Dynamics, Competitive Landscape, Company Profiles. This report Covered Companies - Automated Logic Corporation (United Technologies), Honeywell International Inc., Johnson Controls International PLC, Schneider Electric SE, ABB Ltd.

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