Global Building Energy Software Market Growth (Status and Outlook) 2023-2029

Global Building Energy Software Market Growth (Status and Outlook) 2023-2029

Building Energy Management Systems (BEMS) are deployed in buildings for efficient energy performance. These systems control and manage building facilities such as lighting, electricity, fire precautions, safety, security, and heating, ventilation and air-conditioning. They are installed in buildings such as commercial buildings, IT parks, hotels, restaurants, manufacturing plants, retail outlets, and residential buildings for effective facility management. 

LPI (LP Information)' newest research report, the “Building Energy Software Industry Forecast” looks at past sales and reviews total world Building Energy Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Building Energy Software sales for 2023 through 2029. With Building Energy Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Building Energy Software industry.

This Insight Report provides a comprehensive analysis of the global Building Energy Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Building Energy Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Building Energy Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Building Energy Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Building Energy Software.

The global Building Energy Software market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The prospect Building Energy Software can offer for energy savings is mostly unexploited today as several building owners and operators are unaware of how the data driven optimizations can diminish energy consumption. The most energy consuming areas in the building are HVAC systems, office equipment, catering, fan, pumps and controls. The energy consumption in building facilities, which encompasses mainly the use of fossil fuels, adds to air pollution with adverse impacts on public health and also damages the environment. Carbon dioxide emissions from fossil fuels cause global warming and eventually climate change. Other damaging emissions include oxides of sulphur and nitrogen which cause acid rain. The main benefits that are incurred by BEMS are cost saving, reduction in fossil fuel consumption, balanced environment and exemption from stringent regulation and tax benefits.

This report presents a comprehensive overview, market shares, and growth opportunities of Building Energy Software market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Electricity Management
Water Management
Renewable Energy Management
Air System Management
Others

Segmentation by application
Commercial Buildings
Manufacturing
Retail
Hospitals
Hotels
Residential

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson Controls
Lucid Design Group
DGLogik
Schneider Electric
Crestron
EnerNOC
C3 Energy

Please note: The report will take approximately 2 business days to prepare and deliver.