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

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

In the year 2021, China was the largest exporter in terms of value, followed by Ireland. It has registered a growth of 22.65% over the previous year. While Ireland registered a growth of 17.48% as compared to the previous year. In the year 2017, China was the largest exporter followed by the USA. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, the UK has a Herfindahl index of 1287 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of  1593 which signifies moderately concentrated in the market.

UK Building Energy Management Systems Market - Export Market Opportunities

Topics Covered in the United Kingdom Building Energy Management System Market

United Kingdom 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 United Kingdom Building Energy Management System Market

United Kingdom Building Energy Management System Market is witnessing tremendous growth in the country owing to increasing demand for cloud-based energy management systems by various sectors to optimize energy operations in buildings. The rising spending of businesses on energy management systems with increased awareness about the benefits of using BEMS which is serving as a great opportunity can widen the market landscape. Additionally, IoT sensors and cloud computing technologies enabled energy management systems are gaining traction in the country that enabling building owners to know real-time energy usage data and help determine areas that need to be improved in energy efficiency. This is estimated to be a leading opportunity to accelerate the energy management systems demand, as a result, increase the growth of the United Kingdom Building Energy Management System industry.

United Kingdom Building Energy Management System Market Synopsis

The United Kingdom Building Energy Management System Market is driven by growing infrastructure projects and rapid urbanization. The key aspects of increasing the installation of the building energy management system in the United Kingdom are increasing electricity prices, reducing cost, increasing CO2 emission, and growing demand for power. Additionally, the government is aiming to propel the demand for the building energy management system market in the country by regulating strict policies in the construction industry.

According to 6wresearch, the United Kingdom Building Energy Management System Market is expected to grow during 2020-2026. In terms of technology, the wireless segment is anticipated to contribute a major share of the building energy management system market revenue in the country over the forecast period due to its intelligence and sensing capabilities. Moreover, the market in the United Kingdom is expected to register negative growth in the economy during the first quarter of 2020 owing to the coronavirus pandemic which has a worse impact on the business worldwide. However, the market in the United Kingdom is anticipated to recover economic growth in the second half of 2020-2026.

COVID-19 Impact on the United Kingdom Building Energy Management System Market

COVID-19 had an adverse impact on the United Kingdom Building Energy Management System Market. Various preventive measures including, social distancing, and trade restrictions led to cease in industrial operations including major disruption in construction activities. Also, the closure of the commercial sector and economic downfall led to affect the adoption of energy management systems.

Key Players in the United Kingdom Building Energy Management System Market

Certain major players in the market operating and emerging at a rapid pace by investing heavily in product innovation and offering excellent quality automation solutions including, energy management systems:

• Honeywell is a smart building and automation solution provider, that facilitates a wide range of intelligent building controls, and energy optimization software.
• Siemens AG. is a leading company in the country, that provides a comprehensive range of energy-efficient solutions including, building automation systems, energy optimization software, and advanced analytics tools integrated BEMS.
• Schneider Electric is again a prominent company that provides a spectrum range of smart building technologies integrated solutions like lighting control systems and
• HVAC equipment that can be remotely controlled.
• Johnson Controls International plc. is a prominent player that facilitates a spectrum range of automated heating/cooling control systems and advanced analytics solutions.

Market Analysis by Technology

According to Dhaval, Research Manager, 6wresearch, wired technology has its relevance in the market, while wireless technology is increasing the United Kingdom Building Energy Management System Market share driven by certain growth factors such as retrofitting existing buildings, accommodation of IoT integration, and provide remote accessibility which drives the wireless technology demand.

Market Analysis by Applications

Based on applications, BEMS solutions use rely on building types, sizes, and specific energy management measures. Nonetheless, all applications are driving demand for BEMS including, space heating, controlling office equipment, improving lighting efficiency, and enhancing air conditioning to save energy costs and improve the environmental conditions.

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:

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

Markets Covered

The United Kingdom 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

United Kingdom Building Energy Management System Market: FAQs