The global building energy management systems bems is expected to reach us 8 4billion by the year 2027 trailing a post covid 19 cagr of 12 4 over the analysis period 2020 through 2027.
Building energy management systems market.
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.
With a global revenue for building energy management systems of 4 0 billion in 2017 and a forecast for the bems market of over 13 1 billion by 2026 the picture indeed looks rosy.
Increasing global demand for energy efficiency in the construction sector will drive the market growth.
The building energy management system market is projected to grow from xx billion in the year 2018 to 12 72 billion by 2025 growing at a cagr of xx from 2018 to 2025.
With the development of the construction and energy ecosystems this industry has also evolved over the past two years and is today considered a major vertical of the global hvac and construction space.
Sep 10 2020 the expresswire final report will add the analysis of the impact of covid 19 on this industry building energy management systems bems.
The global building energy management systems bems is expected to reach us 8 4 billion by the year 2027 trailing a post covid 19 cagr of 12 4 over the analysis period 2020 through 2027.
Deployment of automation and control systems to steer the application of energy management systems is expected to augment the growth of the market.