1. Market Research
  2. > Construction
  3. > Building Products Market Trends
Global Building Energy Management System Market: Analysis By Components, By End-User, By Region Size And Trends With Impact Of COVID-19 And Forecast up to 2027

Global Building Energy Management System Market: Analysis By Components, By End-User, By Region Size And Trends With Impact Of COVID-19 And Forecast up to 2027

  • August 2022
  • 147 pages
  • ID: 6313470
  • Format: PDF
  • Daedal Research


Table of Contents

Search Inside

The global building energy management system market in 2021 was valued at US$5.20 billion. The market is expected to reach US$10.64 billion by 2027. The building energy management system is a comprehensive system of hardware, software, and services. The system helps to manage energy usage through numerous techniques such as information & communication technology, etc. Moreover, BEMS technology also provides monitoring, automation, and control of building systems such as heating, ventilation & air conditioning, and lighting to escalate the building’s energy efficiency and improve comfort.

Due to the rise in urban population, growth in consumer awareness about the evolvement and use of the latest technology products, and an increase in the number of new construction of buildings, institutes, and complexes, would propel the market growth in the forthcoming years. The market is expected to grow at a CAGR of 12.67% during the forecast period of 2022-2027.

Market Segmentation Analysis:

By Component: The report provides the bifurcation of the market into three segments based on the component: Services, Software, and Hardware. In 2021, Services held a major share of 47% in the market. On the other hand, the software segment is expected to grow at the highest CAGR in the forthcoming years owing to the rise in technological innovation, increased acceptance of data analytics and cloud technology, and growth in the development of customer-centric models.

By End-User: The report further provided the segmentation based on the end-user: Residential, Commercial & Institutional, and Industrial. The residential sector held around half of the share in the market. The market’s expansion is aided by the rising use of products with high electricity consumption, such as pool heaters, water heaters, batteries & chargers, attic fans, etc.

By Region: The report provides insight into the building energy management system market based on the regions namely Europe, North America, Asia Pacific, and the Rest of the World. Europe held the major share of above 30% in the market owing to the rising government regulation regarding greenhouse emissions and favorable policies for adopting green building energy management systems.

In North America, Mexico is expected to be the fastest growing region in the forecasted period. Whereas, in the Asia Pacific region, China held almost 51% share in the market owing to the energy policies of China that emphasize electricity, natural gas, cleaner, high-efficiency, and digital technologies.

Market Dynamics:

Growth Drivers: One of the most important factors impacting the global building energy management system market is surging energy consumption. The rise in energy consumption led to the increase in electricity production, which directly influenced the production as well as consumption cost. Hence, BEMS being an energy-conservative technology would attract more people to efficiently manage the use of natural resources and reduce the cost burden of electricity prices. Furthermore, the market has been growing over the past few years, due to factors such as rapid urbanization, growth in adoption of smart home products, rise in carbon dioxide emission, accelerating construction activities, rise in consumer spending, growth in consumer awareness, adoption of smart sensors, and many other factors.

Challenges: However, the market has been confronted with some challenges specifically, high installation costs, lack of trained experts, etc.

Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as cloud technology, the surge in adoption of the internet of things (IoT), the decline in fossil fuels, government initiatives and regulations, etc. The infusion of IoT in BEMS and merging it with multiple features such as lighting, security, and heating is facilitating the user to efficiently operate such equipment. Hence, the growth of the IoT market would congruently support the growth of the BEMS market also.

Impact Analysis of COVID-19 and Way Forward:

COVID-19 has negatively impacted the market growth in the year 2020. Industrial and commercial building energy demand has declined significantly in many countries, accompanied by an increase in residential energy demand. Restricting social distancing has resulted in a sharp drop in the utilization of commercial buildings. However, in 2021, the stabilization of the global economy and the clearance of the roadblocks in industrial manufacturing has resulted in tremendous growth in the BEMS market.

Competitive Landscape:

The global building energy management system market is moderately fragmented, with a large number of small- and medium-sized manufacturers accounting for a major revenue share.

The key players in the global building energy management system market are:

Honeywell International Inc.
Enel S.p.A (Enel X)
Johnson Controls International PLC
ABB Group
Siemens AG
General Electric Company (GE)
Schneider Electric SE
Emerson Electric Co.
Azbil Corporation
Robert Bosch GmbH
IBM Corporation

Some of the strategies among key players in the market for building energy management systems are product launches, mergers, acquisitions, and collaborations. For instance, in 2021, Emerson Electric Co. acquired OSI, an operations technology software provider, which broadens and complements Automation Solutions’ software portfolio and ability to help customers in the global power industry. Whereas, Landis+Gyr acquired True Energy A/S, which complements the company’s portfolio by expanding its smart infrastructure.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Energy Management Systems Market by Component, Type, Deployment, End-User Industry and Region - Global Forecast to 2027

  • $ 4950
  • June 2022
  • 243 pages

The global energy management systems market is expected to grow at a CAGR of 14.2% to reach USD 75.0 billion by 2027, from an estimated USD 38.6 billion in 2022. The growth of the energy management systems ...

  • World
  • North America
  • Building Management System
  • Industry analysis
  • Energy Consumption
  • Energy Demand


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on