Latest 2021 Developments

North America Building Energy Management Systems Market has seen latest innovations which include the introduction of more advanced systems that are based on emerging technologies such as the Internet of Things (IoT) and cloud networking. It has been observed that to monitor multiple buildings at the same time and integrate their tasks have become feasible. The heating and the cooling necessities among buildings can be pooled, resulting in energy saving and management of an individual building to the optimal. The more efficient systems provide advantageous features including optimized utility bills, improved reliability, reduced cost and fraud detection. Additionally, smart grids and meters are equipped with data collection and analysis capabilities that can allow the extraction of valuable insights.

Mergers and Acquisitions:

• On October 14, 2019, C3.ai and ENGINE announced their collaboration to drive AI-powered management solutions.
• In February 2020, Eaton completed the acquisition of Power Distribution, Inc.

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The North America BEMS market is driven by rising electricity prices coupled with growing awareness amongst end-users regarding sustainable development and environment-related issues. The government has passed mandatory regulations and has formed policies to control energy wastage and the growing awareness amongst end-user which would further fuel the demand for building energy management systems market demand.

According to 6Wresearch, North America Building Energy Management Systems Market size is expected to grow during 2019-2025. The energy management systems provide various benefits such as energy monitoring, energy awareness, real-time metering, energy controlling, and reducing carbon emissions. United States is the leading revenue-generating country in the North America region owing to the growing government initiatives for energy saving such as Southern California Edison (SCE), and App Lab is promoting the use of LEDs and CFLs in all residential, commercial and industrial sectors which would further fuel the United States building energy management systems market in the forecast period.

The industrial end-user segment accounted for a major share of market demand owing to the rise in energy consumption in all three main sub industrial areas namely, non-manufacturing, energy-intensive manufacturing, and non-energy-intensive manufacturing. Rising electricity tariffs are also making industrial and manufacturing players lean towards building energy management systems.

The North America BEMS market report thoroughly covers the market by components and services, end-users, applications, technology, and countries including the United States, Canada, and the rest of the region. The North America Building Energy Management System market outlook report provides an unbiased and detailed analysis of the on-going North America Building Energy Management System 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.

North America Building energy management systems market is an important aspect according to the lives. Most of the energy is conventional at present sources such as petroleum, natural gas, coal, and non-conventional energy such as solar, tidal and wind, etc. Due to the increase in urbanization and population, the demand for electricity has been skyrocketing.  To become the effective utilization of energy in the building management system market there are many factors of the effective utilization of energy such as adhere to environmental regulations, improve profitability, reduce costs. They used distribution, transmission, and power generation in the building energy management system market.

These are solutions of building energy management system market are of different types: Building Energy Management System (BEMS), Home Energy Management System (HEMS), and Factory Energy Management Systems (FEMS). The government is provided various plan and incentives due to this the demand for building energy management systems market is growing more and it gives benefits to the associated member.

There are Some of the key vendors in the North American building energy management systems market are IBM, Schneider Electric, Honeywell, Rockwell Automation, and General Electric.

Key Highlights of the Report:

• North America Building Energy Management System Market Overview
• North America Building Energy Management System Market Outlook
• North America Building Energy Management System Market Forecast
• Historical Data of North America Phototherapy Device Market Revenues for the Period 2015-2018
• North America Building Energy Management System Market Size and Forecast of Revenues, Until 2025
• Historical Data of North America Building Energy Management System Market Revenues, by Components and Services, for the Period 2015-2018
• Market Size & Forecast of North America Building Energy Management System Market Revenues, by Components and Services, until 2025
• Historical Data of North America Building Energy Management System Market Revenues, by End-User, for the Period 2015-2018
• Market Size & Forecast of North America Building Energy Management System Market Revenues, by End-User, until 2025
• Historical Data of North America Building Energy Management System Market Revenues, by Applications, for the Period 2015-2018
• Market Size & Forecast of North America Building Energy Management System Market Revenues, by Applications, until 2025
• Historical Data of North America Building Energy Management System Market Revenues, by Technology, for the Period 2015-2018
• Market Size & Forecast of North America Building Energy Management System Market Revenues, by Technology, until 2025
• Historical Data of United States Building Energy Management System Market Revenues, by Technology, for the Period 2015-2018
• Market Size & Forecast of United States Building Energy Management System Market Revenues, by Technology, until 2025
• Historical Data of Canada Building Energy Management System Market Revenues, by Technology, for the Period 2015-2018
• Market Size & Forecast of Canada Building Energy Management System Market Revenues, by Technology, until 2025
• Market Drivers and Restraints
• North America Building Energy Management System Market Trends
• Market Opportunity Assessment
• North America Building Energy Management System Market Share, By Regions
• North America Building Energy Management System Market Share, By Players
• North America Building Energy Management System Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The North America 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
• By Countries:
  • US
• Canada
• Rest of North America

Other Key Related Reports Include:

• US-North America Building Energy Management System Market Report
• Canada North America Building Energy Management System Market Report