This statistic shows the global market size of building energy management systems (BEMS) in 2018 and a projection for 2025, broken down by end-user market. In 2025, it is projected that the market size of the building energy management systems for the residential sector will be worth **** ******* U.S. dollars.
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The building energy management system market size was USD 6.97 Billion in 2019 and is expected to reach a market size of USD 16.92 Billion by 2028 at a CAGR of 11.8%. BEMS Industry report classifies global market by share, trend, and on the basis of components and services, communication, end-use, a...
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The Asia-Pacific Building Energy Management Systems Market is Segmented by Type of Solution (Hardware, Software, Services), Distribution Channel (Direct/Partner Sales/Retail, Direct/Partner Sales/Retail, Utilities/Energy Service Providers), End-user Application (Commercial, Educational, Industrial), and Country. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
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Building Energy Management System Size, BEMS Market Analysis & Building Energy Management System Forecast 2025 Focus on Components, By Region, Market Report, Market Share, Market Growth, Market Survey.
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Building Energy Management Systems Market is expected to grow at a CAGR of 17.2% during the forecast period 2024-2031
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The global Commercial Building Energy Management System market size was estimated at USD 18.2 billion in 2025 and is projected to expand to USD 31.3 billion by 2033, exhibiting a CAGR of 7.5%. The increasing need for energy efficiency, coupled with the growing adoption of smart building technologies are primary factors driving the market growth. Additionally, favorable government initiatives and advancements in IoT and AI are further bolstering market expansion. The market is fragmented, with several established players and emerging startups offering a diverse range of solutions. Key market participants include Schneider Electric, Siemens, Honeywell, Johnson Controls, GridPoint, General Electric, Emerson Electric, Eaton Corporation, Azbil, ABB, Tongfang Technovator, SUPCON, Advantech, Das Intellitech, Persagy, and Optergy. Companies are focusing on developing innovative solutions, expanding their global presence, and forming strategic partnerships to gain a competitive edge. Regional variations in market dynamics, regulatory frameworks, and energy consumption patterns also influence the market landscape. The global commercial building energy management system (CBEMS) market size was valued at USD 13.8 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.0% from 2022 to 2030. The growth of the market is attributed to the increasing need for energy efficiency and sustainability in commercial buildings.
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Building Energy Management System (BEMS) Market is projected to grow at a CAGR of around 23.77% during the forecast period 2025-30, says MarkNtel Advisors.
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The building energy management solutions market is valued at US$ 4.7 billion as of 2022. The market is expected to grow at a CAGR of 12.5% during the period 2022 to 2032 and is expected to reach a valuation of US$ 15.2 billion by 2032.
Attributes | Details |
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Building Energy Management Solutions Market Value in 2022 | US$ 4.7 Billion |
Building Energy Management Solutions Market Value in 2032 | US$ 15.2 Billion |
Building Energy Management Solutions Market CAGR (2022 to 2032) | 12.5% |
Report Scope
Attributes | Details |
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Growth Rate | CAGR of 12.5% from 2022 to 2032. |
The base year for Estimation | 2022 |
Historical Data Available for | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in US$ Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis. |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available upon Request |
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Explore Market Research Intellect's Building Energy Management System (BEMS) Market Report, valued at USD 5.2 billion in 2024, with a projected market growth to USD 10.5 billion by 2033, and a CAGR of 8.5% from 2026 to 2033.
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Learn more about Market Research Intellect's Building Energy Management Systems Market Report, valued at USD 5.2 billion in 2024, and set to grow to USD 12.8 billion by 2033 with a CAGR of 10.5% (2026-2033).
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European Building Energy Management Systems Market size was valued at USD 7.6 Billion in 2024 and is projected to reach USD 18.9 Billion by 2031, growing at a CAGR of 12% during the forecasted period 2024 to 2031.
The European Building Energy Management Systems (BEMS) Market is driven by the growing emphasis on energy efficiency and sustainability in line with the EU's stringent energy policies and climate goals. Rising energy costs and the need for cost-effective energy management solutions are pushing commercial and residential building owners to adopt BEMS. Advances in IoT, AI, and cloud-based technologies have enhanced the functionality of BEMS, enabling real-time monitoring and optimization of energy usage. Government incentives, green building certifications, and smart city initiatives are further propelling the adoption of these systems. Additionally, increasing awareness of carbon emissions reduction and the integration of renewable energy sources into buildings are key factors driving the market.
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Global Building Energy Management Systems Market was valued at USD 39.08 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 15.16% through 2029.
Pages | 180 |
Market Size | 2023: USD 39.08 Billion |
Forecast Market Size | 2029: USD 91.97 Billion |
CAGR | 2024-2029: 15.16% |
Fastest Growing Segment | Cloud-based |
Largest Market | North America |
Key Players | 1. Johnson Controls International Plc 2. Schneider Electric SE 3. Siemens AG 4. Honeywell International Inc 5. International Business Machines Corporation 6. Cisco Systems Inc 7. Trane Technologies Company, LLC 8. Delta Electronics, Inc 9. ABB Ltd 10. Rockwell Automation Inc. |
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The global building energy management solutions market is witnessing significant growth, with the market size projected to expand from USD 6.5 billion in 2023 to USD 12.4 billion by 2032, registering a compound annual growth rate (CAGR) of 7.1% during the forecast period. The increasing demand for energy efficiency and sustainability in buildings is one of the primary growth factors driving this market. As the world grapples with climate change and energy conservation, both commercial and residential sectors are seeking effective energy management solutions to reduce emissions and operating costs.
One of the key drivers for the growth of the building energy management solutions market is the heightened awareness and regulatory push towards energy conservation. Governments across the globe are implementing stringent regulations to ensure energy efficiency in new and existing buildings. This regulatory environment is encouraging adoption across various sectors, including residential, commercial, and industrial. Additionally, the integration of renewable energy sources with building management systems is further pushing the demand as organizations strive for greener solutions that align with both economic and environmental benefits.
Technological advancements are also playing a pivotal role in bolstering the market. Innovations in IoT, AI, and machine learning are leading to more sophisticated and user-friendly energy management systems. These technologies enable real-time data analytics, predictive maintenance, and automated control of building systems, significantly enhancing the efficiency and effectiveness of energy management solutions. The integration of smart technologies with building energy management systems is transforming the market landscape, enabling more precise control and optimization of energy usage.
Furthermore, the increasing trend of smart buildings and smart cities is significantly contributing to the market's expansion. Urbanization and the growing demand for smart infrastructure are driving the need for advanced building energy management solutions. As cities develop and expand, the focus on sustainable building practices becomes paramount, leading to increased investment in energy management solutions. The rise of smart cities initiatives across the globe is expected to open new avenues for market growth, offering ample opportunities for innovation and technological integration.
In the healthcare sector, the implementation of Energy Management Systems for Healthcare is becoming increasingly vital. Hospitals and healthcare facilities are among the most energy-intensive buildings, requiring round-the-clock operations to ensure patient safety and comfort. These systems are designed to optimize energy usage without compromising the critical services provided by healthcare institutions. By integrating advanced technologies such as IoT and AI, healthcare facilities can achieve real-time monitoring and control of energy consumption, leading to significant cost savings and enhanced operational efficiency. Moreover, energy management systems help in maintaining a sustainable environment, which is crucial for healthcare settings that prioritize patient well-being and environmental responsibility.
Regionally, North America is expected to hold a significant share of the building energy management solutions market due to the early adoption of technology and supportive government policies. The presence of major market players and an established infrastructure further bolster this region's market position. Meanwhile, the Asia Pacific region is anticipated to witness the fastest growth rate, driven by rapid urbanization, industrialization, and increasing awareness of energy conservation. Governments in countries like China and India are actively promoting energy efficiency, setting the stage for substantial market growth in this region.
When analyzing the building energy management solutions market by component, we identify three primary segments: software, hardware, and services. The software segment is gaining significant traction due to its role in providing the critical analytics and optimization capabilities needed for effective energy management. Energy management software allows users to monitor energy usage patterns, optimize energy consumption, and perform predictive analysis to prevent future inefficiencies. With the integration of
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BCC Research Market Report says building energy management should grow from $7.2 billion in 2021 to $14.9 billion by 2026, at compound annual growth rate of 15.5%
This statistic shows the global market size of building energy management systems (BEMS) in 2016 and a projection for 2023, broken down by component or service segment. In 2023, it is projected that the market size of the building energy management systems' services segment of will reach 3.21 billion U.S. dollars.
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Intelligent Building Energy Management Systems Market is expected to grow at a high CAGR of 11.1% during the forecast period 2024-2031 | DataM Intelligence
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According to Cognitive Market Research, the Global Building Energy Management Systems market size 2023 was XX Million. Building Energy Management Systems Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2031.
The global Building Energy Management Systems market will expand significantly by XX% CAGR between 2023 to 2031.
North America held the major market of more than XX% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of XX% from 2023 to 2031.
The Software segment is set to rise due to its affordability, versatility, and sustainability, appealing to modern consumers. Technological advancements in network and infrastructure mobility further bolster demand, while current technological needs and investment appeal contribute to its enduring popularity.
Market Dynamics of the Building Energy Management Systems Market
Key Drivers of the Building Energy Management Systems Market
Increasing Automation System Adoption Will Propel the Building Energy Management Systems Market Growth
Building Energy Management Systems market is supported by rising consumer demand for the newest technology, long-term affordability, and sustainability considerations. The market is being driven by an increasing focus on reducing the energy consumption and maintenance costs of buildings. BEMS is essential for optimizing energy savings and cutting energy costs. Intelligent building automation technologies are becoming widely adopted by organizations. These technologies offer a variety of applications, including the ability to control air conditioning, heat ventilation, lighting, and building data analysis. The majority of an organization's efforts are concentrated on energy-saving measures, such as turning on and off lights, HVAC systems, and other applications. This is anticipated to drive market expansion.
For instance, according to estimates from the International Energy Agency (IEA), operational energy use in buildings represents about 30% of global final energy consumption. This share jumps to 34% when including the final energy use associated with the production of cement, steel, and aluminium for the construction of buildings.
Regulatory Compliance associated with Energy Management to Drive the Building Energy Management Systems Market Further
Concerns about traditional fuels like coal's ongoing loss of energy intensity have spread throughout the world. Governments from all throughout the world have committed funds to creating a long-term, reliable, and acceptable energy system. The fast industrialization leading to increased energy demand also pushes governments across the globe to put in place efficient energy management systems. Similarly, governments are under pressure to increase their investments in sustainable energy due to growing competition among energy suppliers and rising energy prices. The market is being driven by increased investments in energy efficiency. Governments can put these solutions into practice thanks to a variety of energy efficiency suppliers, and these companies are witnessing a rise in investment.
For instance, Governments are coming up with creative methods to broaden programs to include qualifying criteria like the adoption of energy management systems, according to publications published by the US Department of Energy. Adoption of energy management system standards is mostly encouraged by voluntary agreements with an energy management plan. Additionally, some countries are creating regulations that require the implementation of energy management strategies or systems.
Key Drivers of the Building Energy Management Systems Market
High Implementation Cost Restraints the Building Energy Management Systems Market from Further Growth
Building Energy Management Systems market involves a high initial investment, coupled with a lack of awareness amongst end-users, restraining the market’s growth. Additionally, the operation of intelligent BEMS can present technical challenges that may hinder market growth. The industry requires skilled professionals for the installation, monitoring, and maintenance of BEMS, which are currently in short supply. Furthermore, there is a degree of uncertainty among users regarding the long-term returns of BEMS, potentially affecting demand. Managing a large array of devices and applications with different functionalities has l...
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Explore Market Research Intellect's Building Energy Management Services Market Report, valued at USD 7.5 billion in 2024, with a projected market growth to USD 12 billion by 2033, and a CAGR of 6.2% from 2026 to 2033.
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The size of the New England Building Energy Management System Market was valued at USD 767.6 million in 2023 and is projected to reach USD 1563.75 million by 2032, with an expected CAGR of 10.7 % during the forecast period. New England Building Energy Management System (BEMS) is advanced technology used to maximize commercial and residential buildings' efficiency in the New England area. BEMS is able to integrate heating, ventilation, air conditioning (HVAC), lighting, security systems, and others, into a system that monitors, controls, and improves the level of energy efficiency. The system does this by using sensors and automated controls and real-time data analytics to track consumption of energy, identify inefficiencies, and make changes to building operations in real time. Such efforts ultimately minimize the energy consumption of the place, increase the comfort for the occupants, and it has a reduced environmental impact. BEMS is, therefore, becoming increasingly in use in New England for its support of the local energy conservation and carbon emission reductions. BEMS can even help buildings to comply with rising local energy regulations. Overall, the New England Building Energy Management System is a significant step for promoting energy efficiency and environmental sustainability in the built environment. Recent developments include: In August 2024, Honeywell International Inc. collaborated with Cisco, a digital communications technology company, to reduce building energy consumption. By integrating Cisco Spaces with Honeywell Forge Sustainability+ for Buildings, the collaboration envisaged using ML and AI to monitor assets and adjust HVAC systems based on the real-time occupancy data of buildings. , In July 2024, Schneider Electric signed an agreement with Planon, a provider of smart sustainable building management software, to increase its stake in the latter to 80%. The transaction aimed to enhance Schneider Electric’s software portfolio by leveraging Planon’s robust presence in the smart buildings market, its cloud-based integrated workplace management system, and its subscription-based software business model, which is well-suited to capitalize on the rapidly expanding smart building market. , In May 2024, Trane Technologies plc participated in the U.S. Department of Energy’s Commercial Building Heat Pump Technology Challenge, which challenges manufacturers to develop advanced, cost-effective heat pump rooftop units that meet an advanced technology specification developed by the department and help organizations meet their objectives related to energy efficiency and decarbonization. .
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The building energy management solution market size was valued at USD 10.7 billion in 2024 and is estimated to reach USD 39.5 billion by the end of 2037, expanding at a CAGR of 10.7% during the forecast period, i.e., 2025-2037. Asia Pacific Industry is predicted to account for a share of 35.1% owing to the swift rise in modern infrastructure.
This statistic shows the global market size of building energy management systems (BEMS) in 2018 and a projection for 2025, broken down by end-user market. In 2025, it is projected that the market size of the building energy management systems for the residential sector will be worth **** ******* U.S. dollars.