North American BEMS Market, Forecast to 2021

North American BEMS Market, Forecast to 2021

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

RELEASE DATE
21-Jun-2017
REGION
North America
Research Code: K161-01-00-00-00
SKU: EN00990-NA-MR_20294

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Description

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?

RESEARCH: INFOGRAPHIC

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Table of Contents

Key Findings

Impact of Key Trends on the BEMS Market

Market Engineering Measurements

CEO’s Perspective

Associated Research and Multimedia on Energy Management

Market Definitions

Market Definitions—Product Hierarchy and BEMS Architecture

Market Definitions—BEMS Examples

Market Segmentation by End-user Applications

Market Segmentation by Product Type

Market Distribution Channels

Market Drivers

Market Restraints

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

Market Share

Market Share Analysis

Competitive Environment

Top Competitors

Competitive Factors and Assessment

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

Key Findings

Revenue Forecast

Market Share

Market Share Analysis

Competitive Environment

Key Findings

Revenue Forecast

Market Share

Market Share Analysis

Competitive Environment

The Last Word—3 Big Predictions

Legal Disclaimer

Market Engineering Methodology

List of Companies in “Others”

Partial List of Companies Interviewed for the Study

Abbreviations and Acronyms Used

List of Figures
  • 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
List of Charts
  • 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
Related Research
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
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Table of Contents | 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~ | 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~ | 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~ | 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~ | 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~ | 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~ | US Breakdown~ || Key Findings~ || Revenue Forecast~ || Market Share~ ||| Siemens~ ||| Schneider Electric~ ||| Honeywell~ ||| Johnson Controls~ ||| Tier II ~ ||| Others~ || Market Share Analysis~ || Competitive Environment~ | Canada Breakdown~ || Key Findings~ || Revenue Forecast~ || Market Share~ ||| Siemens~ ||| Schneider Electric~ ||| Honeywell~ ||| Johnson Controls~ ||| Tier II ~ ||| Others~ || Market Share Analysis~ || Competitive Environment~ | The Last Word~ || The Last Word—3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || Market Engineering Methodology~ || List of Companies in “Others”~ || Partial List of Companies Interviewed for the Study~ || Abbreviations and Acronyms Used~
List of Charts and Figures 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~
Author Aanchal Singh
Industries Environment
WIP Number K161-01-00-00-00
Is Prebook No