Next-Generation Building Energy Management Systems Market Analysis and Growth by 2031

MARKET INTRODUCTION

The next-generation building energy management systems refer to a wide-ranging set of solutions that are utilized to facilitate energy-efficient building management facilities. These next-generation building energy management systems are characterized by the convergence of traditional and innovative software, hardware, and services to improve the control and automation of building systems and manual procedures.

MARKET DYNAMICS

The significant cost benefits to industrial, commercial, and residential users, simplified building operations and maintenance, growing demand for energy-efficient and eco-friendly buildings, and increasing integration of IoT are some of the major factors driving the growth of the next-generation building energy management systems market. Moreover, the increasing integration of IoT with building automation systems (BASs) is also anticipated to drive the growth of the next-generation building energy management systems market.

MARKET SCOPE

The "Global Next-Generation Building Energy Management Systems Market Analysis to 2031" is a specialized and in-depth study of the next-generation building energy management systems market with a special focus on the global market trend analysis. The report aims to provide an overview of next-generation building energy management systems market with detailed market segmentation by component, communication, applications. The global next-generation building energy management systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading next-generation building energy management systems market players and offers key trends and opportunities in the next-generation building energy management systems market.

MARKET SEGMENTATION

The global next-generation building energy management systems market is segmented on the basis of component, communication, applications. On the basis of component, the market is segmented as software, services, hardware. On the basis of communication, the market is segmented as wired, wireless. On the basis of applications, the market is segmented as commercial buildings, manufacturing facilities, educational institutions and hospitals, government establishments.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global next-generation building energy management systems market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The next-generation building energy management systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting next-generation building energy management systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the next-generation building energy management systems market in these regions.

MARKET PLAYERS

The reports cover key developments in the next-generation building energy management systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from next-generation building energy management systems market are anticipated to lucrative growth opportunities in the future with the rising demand for next-generation building energy management systems market. Below mentioned is the list of few companies engaged in the next-generation building energy management systems market.

The report also includes the profiles of key next-generation building energy management systems market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  ABB
  
•  Azbil Corporation
  
•  CISCO System
  
•  Daikin
  
•  Eaton
  
•  Echelon
  
•  GridPoint
  
•  Johnson Controls
  
•  Schneider Electric
  
•  Siemens
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Next-Generation Building Energy Management Systems Report Scope