Building energy management system (BEMS) Market Size, Share Analysis & Industry Forecast 2016-2024 - PowerPoint PPT Presentation

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Building energy management system (BEMS) Market Size, Share Analysis & Industry Forecast 2016-2024

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Building energy management system (BEMS) enables the large corporations and buildings to monitor their energy consumptions and further control and manage it, in order to achieve efficiency goals by using advanced energy usage control techniques. According to US Department of Energy (DOE), commercial building consume almost 20% of the energy produced in Unites States, while both commercial and residential buildings produce about 38% of the greenhouse gas emissions. Thus global building energy market is getting fuelled by the government stringent regulatory pressure to minimize the energy consumption and its wastage in buildings. According to Goldstein research, the global BEMS market accounted for USD 2.8 billion in 2016 and expected to reach USD 9.2 billion by the end of forecast period i.e. 2024. – PowerPoint PPT presentation

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