North American BEMS Market, Forecast to 2021

Partnerships between OEMs, Technology Providers, and Utilities are Vital for Next Phase of Market Evolution

USD 4,950

* Required Fields

USD 4,950

PAY BY INVOICE

Be the first to review this product

The Building Energy Management Systems (BEMS) is an exciting market in North America that is poised for healthy growth for the next 5 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, and state incentives for buildings installed with energy management systems. The market will be characterized by increased connectivity, bringing deployment of the Internet of Things (IoT) solutions, data analytics, cloud solutions, and technology-enabled business model innovation. New entrants and emerging participants will change the market dynamics by adopting customer-centric business models. The building energy management systems (BEMS) market has witnessed a healthy growth rate in 2016 and has earned revenue of $822.8 million having grown by 5.1% from 2015. Frost & Sullivan has segmented the market based on solutions offered by participants such as hardware, software and services, and also based on end-user verticals such as industrial, office, retail, hospitality, healthcare, education, government, and utilities. We have also mapped the impact of key trends—such as IoT, data analytics, cloud, Big Data, new business models, remote services, open source platform, software embedded controllers, and edge analytics—on the BEMS market.

The scope of the study covers hardware, software, and services associated with this market. Hardware includes controllers that control field-level devices, and gateways that interface with the management layer. Software includes dashboard applications and cloud-based optimization software. Services include software implementation and software maintenance and support. The study does not include field-level devices such as sensors and actuators.

Johnson Controls, Honeywell, Siemens, and Schneider Electric are the leading companies offering BEMS in the North American region. Lucid, BuildingIQ, EcoEnergy, Switch Automation, Daikin, Optimum Energy, Ecova, GridPoint, FirstFuel, Daintree Networks, EnergyCAP, Energex, Flywheel, Wegowise, Kwantera are some of the emerging companies offering BEMS in the North American region. Frost & Sullivan has identified key growth opportunities, such as IoT-enabled building services, data analytics and cloud, secured open source platform, and customer-centric approach, for participants to explore and stay ahead in the competition.

Key Questions This Study Will Answer

• Is the market growing? How long will it continue to grow, and at what rate?
• What are the emerging technologies that are impacting the growth of BEMS markets?
• How dynamic is the market? Are the emerging participants stealing the market share from leading participants?
• What are the different sales distribution channels present in the BEMS market? Are they likely to change in future?
• What are the key data required by building managers and energy professionals to track sustainability progress in buildings?

Table of Contents

1. Executive Summary
Key Findings
Impact of Key Trends on the BEMS Market
Market Engineering Measurements
CEO’s Perspective
Associated Research and Multimedia on Energy Management
2. Market Overview
Market Definitions
Market Definitions—Product Hierarchy and BEMS Architecture
Market Definitions—BEMS Examples
Market Segmentation by End-user Applications
Industrial
Office
Retail
Hospitality
Healthcare
Education
Government
Utilities
Market Segmentation by Product Type
Hardware
Software
Services
Market Distribution Channels
3. Drivers and Restraints—BEMS Market
Market Drivers
High peak demand charges drive demand for BEMS to augment demand charge reduction
Customers’ continued commitment towards sustainability will assist market growth
Increasing electricity cost drives demand for BEMS to help manage high intensity loads
State incentive programs for improving energy efficiency will encourage market growth
Government regulatory support will further market growth
Market Restraints
Increasing cyber threats concerns many companies as it could lead to data theft
Uncertainty on data ownership slows the pace of market growth
Trump Administration’s stand on energy management programs will inhibit market adoption
4. Forecasts and Trends—BEMS Market
Market Engineering Measurements
Revenue Forecast
Percent Revenue Forecast by Country
Revenue Forecast by Country
Revenue and Percent Revenue Forecast by End-user Applications
Revenue and Percent Revenue Forecast by Distribution Channel
5. Market Share and Competitive Analysis—BEMS Market
Market Share
Siemens
Schneider Electric
Honeywell
Johnson Controls
Tier II
Others
Market Share Analysis
Competitive Environment
Top Competitors
JCI
Honeywell
Schneider Electric
Siemens
Competitive Factors and Assessment
Customer Engagement
Flexible Payment Model
Open Source Platform
Proven Track Record
6. Growth Opportunities and Companies to Action
Growth Opportunity 1—IoT-enabled Building Services
Growth Opportunity 2—Data Analytics and Cloud
Growth Opportunity 3—Secured Open Source Platform
Growth Opportunity 4—Customer-centric Model
Strategic Imperatives for Success and Growth
7. US Breakdown
Key Findings
Revenue Forecast
Market Share
Siemens
Schneider Electric
Honeywell
Johnson Controls
Tier II
Others
Market Share Analysis
Competitive Environment
8. Canada Breakdown
Key Findings
Revenue Forecast
Market Share
Siemens
Schneider Electric
Honeywell
Johnson Controls
Tier II
Others
Market Share Analysis
Competitive Environment
9. The Last Word
The Last Word—3 Big Predictions
Legal Disclaimer
10. Appendix
Market Engineering Methodology
List of Companies in “Others”
Partial List of Companies Interviewed for the Study
Abbreviations and Acronyms Used

Infographic



List of Figures & Charts

1. BEMS Market: Key Market Drivers, North America, 2017–2021
2. BEMS Market: Key Market Restraints, North America, 2017–2021
3. BEMS Market: Market Engineering Measurements, North America, 2016
4. BEMS Market: Revenue Forecast by Country, North America, 2013–2021
5. BEMS Market: Company Market Share Analysis of Top 4 Participants, North America, 2016
6. BEMS Market: Competitive Structure, North America, 2016
7. BEMS Market: SWOT Analysis, North America, 2016
8. Key Highlights, 2016
9. BEMS Market: Company Market Share Analysis of Top 4 Participants, US, 2016
10. BEMS Market: Competitive Structure, US, 2016
11. Key Highlights, 2016
12. BEMS Market: Company Market Share Analysis of Top 4 Participants, Canada, 2016
13. BEMS Market: Competitive Structure, Canada, 2016


1. BEMS Market: Key Trends, North America, 2013–2021
2. BEMS Market: Market Engineering Measurements, North America, 2016
3. BEMS Market: Geographic Scope, North America, 2016
4. BEMS Market: Product Hierarchy, North America, 2016
5. BEMS Market: Architecture, North America, 2016
6. BEMS Market: Percent Revenue Breakdown by End-user Applications, North America, 2016
7. BEMS Market: Percent Revenue Breakdown by Product Type, North America, 2016
8. BEMS Market: Distribution Channel Analysis, North America, 2016
9. BEMS Market: Commercial Electricity Cost, US, 2011–2016
10. BEMS Market: Industrial Electricity Cost, US, 2011–2016
11. BEMS Market: Revenue Forecast, North America, 2013–2021
12. BEMS Market: Percent Revenue Forecast by Country, North America, 2013–2021
13. BEMS Market: Revenue Forecast by End-user Applications, North America, 2016 and 2021
14. BEMS Market: Percent Revenue Forecast by End-user Applications, North America, 2016 and 2021
15. BEMS Market: Revenue Forecast by Distribution Channel, North America, 2016 and 2021
16. BEMS Market: Percent Revenue Forecast by Distribution Channel, North America, 2016 and 2021
17. BEMS Market: Percent Sales Breakdown, North America, 2016
18. BEMS Market: Revenue Forecast, US, 2016 and 2021
19. BEMS Market: Revenue Forecast, US, 2013–2021
20. BEMS Market: Percent Sales Breakdown, US, 2016
21. BEMS Market: Revenue Forecast, Canada, 2016 and 2021
22. BEMS Market: Revenue Forecast, Canada, 2013–2021
23. BEMS Market: Percent Sales Breakdown, Canada, 2016



Keyword1

Keyword2

Keyword3

Related Research

Release Date : 20-Sep-17

Region : North America

Release Date : 21-Sep-16

Region : North America

Release Date : 10-Aug-16

Region : North America

Release Date : 14-Jun-2016

Region : North America

Why Frost & Sullivan

Working with the CEO’s growth team to create a vision based on a transformation growth strategy

Creating content-based digital marketing strategies that leverage our research perspective to differentiate and “tell your story”

Tracking over 1000 emerging technologies and analyzing the impact by industry and application to reveal the companies to watch in each sector

The Frost & Sullivan team is based in our 45 global offices and have developed a powerful global understandings of how industries operate on a global level.