Egypt Building Energy Management System Market (2020-2026) | Size, Trends, Value, Analysis, Growth, Industry, Outlook, Revenue, Forecast, Share, Segmentation & COVID-19 IMPACT

Egypt Building Energy Management Systems Market | Country-Wise Share and Competition Analysis

Egypt Building Energy Management Systems Market - Export Market Opportunities

Topics Covered in the Egypt Building Energy Management System Market

Egypt Building Energy Management System Market report thoroughly covers the market by components & services, by technology, by end users, and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest (2023) Development of the Egypt Building Energy Management System Market

Egypt Building Energy Management System Market continues to grow in the country underpinned by the rising Awareness and Adoption by various industries such as, residential, and commercial. Furthermore, Government stringent regulations to promote energy-efficient buildings in order to reduce emissions and maintain a sustainable environment in the country this action is likely to secure a trend growth of the market. Furthermore, increasing emphasis on Energy Efficiency in the country to decrease energy use leads to reduce energy costs and is estimated to surge the growth of the Egypt Building Energy Management System industry in the coming years. Moreover, Smart buildings are gaining momentum in the country equipped with several technologies like Internet of Things (IoT) devices, and automation and this is likely to boost the demand for BEMS solutions to efficiently monitor and control buildings.

Egypt Building Energy Management System Market Synopsis

Egypt Building Energy Management System Market has witnessed substantial growth due to increasing investment in the infrastructure development projects such as smart cities, new shopping malls, and new hotels. The growing construction market, increasing inflow of foreign direct investment, and growing need for effective utilization of energy are the key aspects of the growing demand for the building energy management system market in Egypt. Moreover, building energy management systems are control systems that monitor the electrical and mechanical equipment in buildings such as heating, lighting, ventilation, power system, conditioning, and so on.

According to 6wresearch, the Egypt Building Energy Management System Market size is estimated to gain momentum during 2020-2026. The market has been growing in the country at a rapid pace underpinned by the government has taken the initiative of smart cities lead to bolster the adoption of BEMS by surging the need to reduce energy usage at a large scale, to save energy costs. Moreover, the government regulations regarding sustainability protocol have prompted many companies to invest in the adoption of BEMS to optimize energy use leading to low GHG levels and attaining a sustainable environment. However, some major challenges hindering market growth are high competition and price volatility. In response to these, challenges market still has a huge potential to grow significantly is advanced technology-enabled BEMS that facilitate better optimization of energy consumption and this is estimated to boost the growth of the Building Energy Management System Market in Egypt. 

COVID-19 Impact on the Egypt Building Energy Management System Market

COVID-19 had a profound impact on the Egypt Building Energy Management System Market. The pandemic caused many preventive measures such as trade restrictions, and social distancing which led to a slowdown in the supply of BEMS systems in the country. While the demand for BEMS continued due to the rising indoor air quality needs to prevent airborne diseases coupled with the increased need to reduce energy costs as people staying at home led to high energy consumption. Nevertheless, preventive measures caused by the pandemic and ceased construction activities declined decline the adoption of BEMS and further declined the Egypt Building Energy Management System Market share.

Key player in the Egypt Building Energy Management System Market

Some key companies operating in the market providing excellent quality energy management systems are included:

• Schneider Electric is a global leader with a strong presence in the market, that offers energy management and automation solutions which include BEMS.
• Siemens is a well-known energy management and automation solutions provider in the country that offers a range of advanced control systems and data analytics.
• Honeywell is a well-established company in the country that provides BEMS solutions. The ranges include energy management systems, building controls, and automation solutions that optimize energy consumption and building performance.
• Johnson Controls is a well-known smart building technologies solutions provider, that monitors building performance and optimizes efficiently.

Market Analysis by Components & Service

Based on the Components & Service, the demand for hardware components and software services are interconnected, the availability of advanced hardware components drives the demand for software services which effectively analyze the data collected by those hardware components.

Market Analysis by End User

According to Dhaval, Research Manager, 6Wresearch, the commercial sector is estimated to dominate the Egypt Building Energy Management System Market growth owing to the commercial buildings consist of complex energy needs, hence the adoption of BEMS is high to reduce the energy cost followed by energy efficiency regulations.

Market Analysis by Applications

Based on the applications, each application is driving the demand for BEMS as the growing industrial expansion proliferates the use of energy-consuming equipment in offices, houses, and public places. Hence, each application is gaining momentum, also the leading applications depend on the energy consumption pattern.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects

Key Highlights of the Report:

• Egypt Building Energy Management System Market Overview
• Egypt Building Energy Management System Market Outlook
• Egypt Building Energy Management System Market Forecast
• Historical Data of Egypt Building Energy Management System Market Revenues for the Period 2016-2026
• Egypt Building Energy Management System Market Size and Forecast of Revenues, Until 2026
• Historical Data of Building Energy Management System Market Revenues, by Components and Services, for the Period 2016-2026
• Market Size & Forecast of Building Energy Management System Market Revenues, by Components and Services, until 2026
• Historical Data of Building Energy Management System Market Revenues, by Technology, for the Period 2016-2026
• Market Size & Forecast of Building Energy Management System Market Revenues, by Technology, until 2026
• Historical Data of Building Energy Management System Market Revenues, by End-User, for the Period 2016-2026
• Market Size & Forecast of Building Energy Management System Market Revenues, by End-User, until 2026
• Historical Data of Building Energy Management System Market Revenues, by Application, for the Period 2016-2026
• Market Size & Forecast of Building Energy Management System Market Revenues, by Application, until 2026
• Market Drivers and Restraints
• Building Energy Management System Market Trends
• Market Opportunity Assessment
• Building Energy Management System Market Share, By Players
• Building Energy Management System Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Egypt Building Energy Management System market report provides a detailed analysis of the following market segments:

By Components & Services

• Hardware
  • Sensors
  • Controllers
  • Actuators
  • Others
• Software
• Services

By Technology

• Wired
• Wireless

By End Users

• Residential
• Commercial
• Industrial

By Applications

• Space Heating
• Computers & Office Equipment
• Lighting
• Air Conditioners
• Others

Egypt Building Energy Management System Market: FAQs