Search results for: 'data energy system'

Buildings are becoming more energy-intensive and with features like electric vehicle charging adding to the existing load, the need to reduce energy consumption acquires an even greater importance. Energy saving and performance contracting (ESPC) is one way to achieve energy efficiency. In that sense, North America has been the second-largest marke...

The global building automation system (BAS) market is undergoing a significant transformation. The rapid increase in the digitalization of buildings has resulted in a spurt in demand for smart building management solutions and BASs. These technologies are causing significant disruptions, driving a shift away from traditional building administration...

The North American energy management systems market is driven by rising energy costs, greater demand for energy efficiency, and North American government regulations and legislation. The research service has two segments—building energy management systems (BEMS) and home energy management systems (HEMS). BEMS is the larger product segment, while HE...

28 Jun 2018  |  North America  |  Market Research

North American Energy Saving and Performance Contracting Market, Forecast to 2024

HVAC and Lighting Will Be the Primary Pillars of the Market by 2024

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The North American energy saving and performance contracting market is currently in the growth stage and is expected to witness healthy growth between 2017 and 2024. The market is expected to grow at a CAGR of 7.34% between 2017 and 2024. A high rate of growth is due to the government support and policy initiatives toward energy performance contrac...

The Building Energy Management Systems (BEMS) is a globally evolving market that is poised for double-digit growth for the next 7 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, energy efficiency regulations, state incentives for buildings to install energy management systems, ...

Home energy management systems (HEMS) is a technology platform that monitors, manages, and controls home functions such as HVAC, lighting, solar PV, and other appliances in a residential building. The HEMS market is expected to grow at an accelerated rate for the next 7 years. The concept of HEMS has evolved over the last few years, where the focus...

16 Jun 2021  |  North America  |  Market Research

North American Energy Saving and Performance Contracting Growth Opportunities

Post-Pandemic Strategies Focus on Industry Convergence that Offers Building Owners Energy Efficiency and Cost Reduction

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This research service analyzes the North American energy saving and performance contracting (ESPC) market. The ESPC market covers services such as energy audits; design and engineering; assistance in finance, equipment bidding, and acquisition; installation and commissioning; measurement and verification (M&V); and personnel training. Frost & Sul...

05 Apr 2018  |  North America  |  Market Research

North American Swimming Pool Water Treatment Systems Market, Forecast to 2023

Implementation of IoT to Drive Market Growth

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The North American market for swimming pool treatment systems is expected to experience increasing growth through the forecast period. Factors surrounding efficient and simple systems, smart technology and controls, and regulated upgrades drive the market. These drivers facilitate a significant progress toward next-generation swimming pools. United...

30 Jun 2020  |  North America  |  Market Research

Global Building Automation Systems (BAS) Market, Forecast to 2026

Smart and Cognitive Building Solutions to Embrace IoT Integration, Propelled the Transformation from Traditional to Advanced Systems, Unleashing Higher Productivity and Actionable Insights, Increasing Energy Efficiency, and Enabling New Business Models

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The world building automation systems (BAS) market is poised to grow at a moderate CAGR of 3.4% for the period 2019–2026. The key factors for growth are energy efficiency requisites, energy conservation and favourable government initiatives, rising energy prices, and strict building codes, aiding BAS systems adoption. Regulatory drivers will have a...