North America Building Energy Management Systems Market (2019-2025) | Analysis, Size, Revenue, Forecast, Trends, Growth, industry, Outlook & Segmentation

Latest 2023 Development of the North America Building Energy Management Systems Market

The North America building energy management systems market is registering rising adoption of cloud-based building energy management systems (BEMS) solutions. Several building owners and operators are opting for cloud-based BEMS solutions, which offer greater flexibility and scalability compared to traditional on-premises systems. Cloud-based BEMS solutions also typically come with advanced analytics and reporting capabilities, allowing for better energy management and cost savings. Additionally, BEMS solutions are increasingly being integrated with other building systems such as HVAC, lighting, and security. This integration allows for more holistic building management and optimization of energy usage. Moreover, the COVID-19 pandemic has had a significant impact on building energy management systems (BEMS) in North America. One of the most notable effects has been the shift in building usage patterns, as more people work remotely and building occupancy rates have declined. Further, this shift in usage patterns has affected the energy consumption of buildings, with some buildings experiencing lower energy demand due to reduced occupancy, while others have experienced higher energy demand due to increased ventilation and other COVID-19-related measures. The BEMS has played a critical role in helping to build owners and operators adapt to these changes and optimize energy efficiency in a rapidly changing environment.

The North America building energy management systems industry is experiencing increasing use of artificial intelligence (AI) and machine learning (ML) algorithms: BEMS solutions are incorporating AI and ML algorithms to provide advanced analytics and automation capabilities. These algorithms can identify patterns and anomalies in energy consumption data and make adjustments to optimize energy usage and reduce waste. Moreover, the market has also witnessed an increased focus on cybersecurity. With the growing prevalence of connected building systems, cybersecurity has become a top concern for building owners and operators. BEMS vendors are therefore placing greater emphasis on security features and protocols to protect against cyber threats. Further, there has been a growing interest in renewable energy sources in recent years in the market. Building owners and operators are increasingly exploring the use of renewable energy sources such as solar and wind power. BEMS solutions are being adapted to integrate with these sources and optimize their usage within the building.

North America Building Energy Management Systems Market Synopsis

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, the 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 ongoing 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 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 in the effective utilization of energy in the building management system market there are many factors of the effective utilization of energy such as adhering to environmental regulations, improving profitability, reduce costs. They used distribution, transmission, and power generation in the building energy management system market.

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

North America Building Energy Management Systems Market: FAQs