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

Market Forecast 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) And Competitive Landscape

Product Code: ETC002067 Publication Date: Apr 2020 Updated Date: Jun 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

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

In the year 2021, Thailand was the largest exporter in terms of value, followed by Singapore. It has registered a growth of 13.57% over the previous year. While Singapore registered a growth of 17.92% as compared to the previous year. In the year 2017, Japan was the largest exporter followed by Thailand. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, the Philippines has a Herfindahl index of 2000 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  1525 which signifies moderately concentrated in the market.

Philippines Building Energy Management Systems Market | Country-Wise Share and Competition AnalysisPhilippines Building Energy Management Systems Market - Export Market Opportunities

Philippines Building Energy Management Systems Market - Export Market Opportunities

Topics Covered in the Philippines Building Energy Management System Market

The Philippines 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 Philippines Building Energy Management System Market

The Philippines Building Energy Management System Market is estimated to grow substantially in the market underpinned by some ongoing opportunities such as the rising promotion of sustainable energy practices with the purpose to reduce carbon emissions and rising awareness about the energy efficient systems use to optimize energy consumption. Furthermore, The Department of Energy (DOE) launched its "Building Code Development Program" which consists the provisions for implementing BEMS systems that further automatically optimize & control heating, air conditioning, lighting, and other building functions is a great opportunity for the market to grow exponentially in the coming years.

Philippines Building Energy Management System Market Synopsis

The Philippines Building Energy Management System Market has registered substantial growth on account of growing urbanization and growing infrastructural projects. The key aspects increasing the demand for the building energy management system market in the Philippines are the rising demand for power, increasing electricity prices, and reducing the cost of conserving energy. Moreover, the growing constructional activities and the growing need for energy for effective utilization are boosting the growth of the building energy management system market in the country.

According to 6wresearch, the Philippines Building Energy Management System Market size is estimated to grow in the upcoming years 2020-2026. The market has been growing at a considerable rate underpinned by the rising adoption of BEMS by building owners in commercial and industrial sectors with rising awareness about their benefits like remote monitoring options, energy efficiency, real-time monitoring features, and reduced GHG levels. Additionally, rising government initiatives towards smart cities lead to driving the need for BEMS installations to reduce energy consumption at a wide scale this is projected to propel the growth of the Building Energy Management System Market in the Philippines. Also, an increase in the expansion of the commercial sector including, healthcare facilities, shopping malls, offices, and retail outlets has surged the need for BEMS to optimize energy usage leading to a reduction in energy cost, this factor will create a growth avenue for the market.

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

The COVID-19 pandemic had a significant impact on the Philippines Building Energy Management System industry underpinned by the imposition of several preventive & strict measures such as social distancing measures and travel restrictions led to cease the of construction activities and simultaneously reduced the adoption of BEMS. Also, economic downfall had restricted the population to spend on purchasing premium technologies including, BEMS. Overall. The Pandemic affected the market growth.

Key Players in the Philippines Building Energy Management System Market

Several top key players in the country have gained popularity are mentioned below:

  • Honeywell International Inc
  • Siemens AG
  • Schneider Electric SE
  • Johnson Controls International plc
  • Trane Technologies plc
  • Yokogawa Electric Corporation
  • Delta Electronics, Inc

Market Analysis by Components & Service

Based on the Components & Service, both hardware and software services are interconnected and are estimated to increase the Philippines Building Energy Management System Market share in the country influenced by certain factors such as technological advancements, and market trends.

Market Analysis by End Users

According to Dhaval, Research Manager, 6Wresearch, the commercial sector consisting of office buildings, hotels, and airports, is experiencing a huge BEMS demand to save energy costs and followed by strict government regulations to use energy efficient systems for optimizing energy usage.

Market Analysis by Applications

Based on applications, all applications are witnessing prominent growth driven by various factors such as government regulations, energy cost concerns and the rising awareness about the advantages of energy management.

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:

  • Philippines Building Energy Management System Market Overview
  • Philippines Building Energy Management System Market Outlook
  • Philippines Building Energy Management System Market Forecast
  • Historical Data of Philippines Building Energy Management System Market Revenues for the Period 2016-2019
  • Philippines Building Energy Management System Market Size and Forecast of Revenues, Until 2026
  • Historical Data of Philippines Building Energy Management System Market Revenues, by Components and Services, for the Period 2016-2019
  • Market Size & Forecast of Philippines Building Energy Management System Market Revenues, by Components and Services, until 2026
  • Historical Data of Philippines Building Energy Management System Market Revenues, by Technology, for the Period 2016-2019
  • Market Size & Forecast of Philippines Building Energy Management System Market Revenues, by Technology, until 2026
  • Historical Data of Philippines Building Energy Management System Market Revenues, by End-User, for the Period 2016-2019
  • Market Size & Forecast of Philippines Building Energy Management System Market Revenues, by End-User, until 2026
  • Historical Data of Philippines Building Energy Management System Market Revenues, by Application, for the Period 2016-2019
  • Market Size & Forecast of Philippines Building Energy Management System Market Revenues, by Application, until 2026
  • Market Drivers and Restraints
  • Philippines Building Energy Management System Market Trends
  • Market Opportunity Assessment
  • Philippines Building Energy Management System Market Share, By Players
  • Philippines Building Energy Management System Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Philippines 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
Philippines Building Energy Management System Market: FAQs
Rising energy cost concerns and the rising government's strict guild lines to promote energy efficient systems to reduce carbon foot prints are certain factors propelling the Philippines Building Energy Management System Market growth.
the growing awareness among the population about using energy efficient systems and technology advancement into BEMS systems for effective & efficient real-time monitoring of energy usage. These are some ongoing opportunities in the Philippines Building Energy Management System Market.
A high initial investment in BEMS and a lack of trained manpower to handle complicated fitting, especially at times of retrofitting are several challenges faced by the Philippines Building Energy Management System Market.
The commercial sector is boosting the Philippines Building Energy Management System Market growth with the wide expansion of hotels, offices, and airports requiring well-established energy-efficient systems to optimize energy consumption.
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1. Executive Summary
2. Introduction
2.1  Report Description
2.2  Key Highlights
2.3  Market Scope & Segmentation
2.4  Research Methodology
2.5  Assumptions
3. Philippines Building Energy Management System Market Overview
3.1 Philippines Building Energy Management System Market Revenues and Volume, 2016-2026F
3.2 Philippines Building Energy Management System Market  Revenue Share, By Components & Services, 2019 & 2026F
3.3 Philippines Building Energy Management System Market  Revenue Share, By Technology, 2019 & 2026F
3.4 Philippines Building Energy Management System Market  Revenue Share, By End Users, 2019 & 2026F
3.5 Philippines Building Energy Management System Market  Revenue Share, By Applications, 2019 & 2026F
3.6 Philippines Building Energy Management System Market - Industry Life Cycle
3.7 Philippines Building Energy Management System Market - Porter’s Five Forces
4. Philippines Building Energy Management System Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Philippines Building Energy Management System Market Trends
6. Philippines Building Energy Management System Market Overview, by Components & Services
6.1 Philippines Hardware Building Energy Management System Market  Revenues and Volume, 2016-2026F
6.2 Philippines Software Building Energy Management System Market  Revenues and Volume, 2016-2026F
6.3 Philippines  Services Building Energy Management System Market Revenues and Volume, 2016-2026F
7. Philippines Building Energy Management System Market Overview, by Technology
7.1 Philippines Building Energy Management System Market Revenue and Volumes, By Wired, 2016-2026F
7.2 Philippines Building Energy Management System Market Revenue and Volumes, By Wireless, 2016-2026F
8. Philippines Building Energy Management System Market Overview, by End-User
8.1 Philippines Building Energy Management System Market Revenue and Volumes, By Residential, 2016-2026F
8.2 Philippines Building Energy Management System Market Revenue and Volumes, By Commercial, 2016-2026F
8.3 Philippines Building Energy Management System Market Revenue and Volumes, By Industrial, 2016-2026F
9. Philippines Building Energy Management System Market Overview, by Application
9.1 Philippines Building Energy Management System Market Revenue and Volumes, By Space Heating, 2016-2026F
9.2 Philippines Building Energy Management System Market Revenue and Volumes, By Computer & Office Equipment, 2016-2026F
9.3 Philippines Building Energy Management System Market Revenue and Volumes, By Lighting, 2016-2026F
9.4 Philippines Building Energy Management System Market Revenue and Volumes, By Air Conditioner, 2016-2026F
9.5 Philippines Building Energy Management System Market Revenue and Volumes, By Others, 2016-2026F
10. Philippines Building Energy Management System Market Key Performance Indicators
11. Philippines Building Energy Management System Market Opportunity Assessment
11.1 Philippines Building Energy Management System Market Opportunity Assessment, By Components & Services, 2026F
11.2 Philippines Building Energy Management System Market Opportunity Assessment, By Technology, 2026F
11.3 Philippines Building Energy Management System Market Opportunity Assessment, By End-user, 2026F
11.4 Philippines Building Energy Management System Market Opportunity Assessment, By Application, 2026F
12. Philippines Building Energy Management System Market Competitive Landscape
12.1 Philippines Building Energy Management System Market By Companies, 2019
12.2 Philippines Building Energy Management System Market Competitive Benchmarking, By Operating Parameters
13. Company Profiles
14. Key Strategic Recommendations
15. Disclaimer

Europe Building Energy Management System Market (2019-2025): 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(Germany, UK, France,  Italy & Rest of Europe) and Competitive Landscape.

Global Building Management Systems Market (2019-2025): 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), Regions(North America, Latin America, Europe, Asia-Pacific & Middle East & Africa), By Key Countries and Competitive Landscape.

Latin America Building Energy Management System Market (2019-2025): 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(Mexico, Brazil, Argentina & Rest of Latin America) and Competitive Landscape.

Middle East and Africa (MEA) Building Energy Management System Market (2019-2025): 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(Saudi Arabia, Kuwait, The United Arab Emirates, Qatar, Bahrain, Oman, Turkey, Egypt, South Africa, Nigeria & Rest of the Middle East and Africa) and Competitive Landscape.

North America Building Energy Management Systems Market (2019-2025): 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) and Competitive Landscape.

Ethiopia Building Energy Management System Market (2020-2026): 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) and Competitive Landscape.

Egypt Building Energy Management System Market (2020-2026): 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) and Competitive Landscape.

Algeria Building Energy Management System Market (2020-2026)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) and Competitive Landscape.

Tanzania Building Energy Management System Market (2020-2026): 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) and Competitive Landscape.

South Africa Building Energy Management System Market (2020-2026): 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) and Competitive Landscape.

Kenya Building Energy Management System Market (2020-2026): 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) and Competitive Landscape.

Ghana Building Energy Management System Market (2020-2026): 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) and Competitive Landscape.

Nigeria Building Energy Management System Market (2020-2026): Market Forecast 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) and Competitive Landscape

Turkey Building Energy Management System Market 2020-2026): Market Forecast 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) and Competitive Landscape

United Kingdom Building Energy Management System Market (2020-2026): Market Forecast 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) and Competitive Landscape

Saudi Arabia BMS Market (2020-2026): Market Forecast By Management System(Facility Management, Security Management, Energy Management, Emergency Management, Infrastructure Management ) and competitive landscape

Myanmar Building Energy Management System Market (2020-2026): Market Forecast 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) And Competitive Landscape

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