Around the world, more infrastructure is being built as a result of rising population. The desire to minimise carbon emissions, which is being fueled by the expanding use of energy-intensive equipment in buildings, has, however, resulted in even tighter regulation of the construction sector.
Global Building Energy Management Systems (BEMS) Market was worth US$ 7 Bn in 2020 and total revenue is expected to grow at a rate of 12.4 % CAGR from 2021 to 2027, reaching almost US$ 8.4 Bn in 2027.
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The Global Building Energy Management Systems Market research analysis report examines historical data as well as emerging technology to determine what is driving the industry's growth. The report also contains expert guidance to assist customers in focusing on their development objectives and making educated decisions. This research inquiry discusses the most crucial trend prospects and major drivers for the Global Building Energy Management Systems market's growth. The market assessment for Global Building Energy Management Systems also includes the opportunities and constraints that may affect market growth.
COVID-19 Impact:
The COVID-19 accident has a wide-ranging influence on several racial and ethnic groups. Income and wealth, access to and utilisation of health care, education, occupation, discrimination, and housing are all interconnected socioeconomic determinants of health. For emerging market and developing countries, economic headwinds will come from a variety of directions. Even this dismal estimate is riddled with unknowns and significant risks. Primary and secondary research were utilised to identify major market participants, and primary and secondary research was used to determine their market shares.
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Major Kay players:
• ABB Ltd.
• Accruent Inc.
• Azbil Corporation
• BuildingIQ Pty Ltd.
• C3.ai, Inc.
• Carma Industries Inc.
• Daikin Applied
• Enel X
• eSight Energy Ltd.
• General Electric Company
• GridPoint
• Honeywell International, Inc.
• IBM Corporation
• Johnson Controls
• Optimum Energy LLC
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