HVAC and Construction Industry BEMS Market Size, Analysis, Growth & Trends, 2024 | Page 2

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Browse Details of Report @ https://www.hexaresearch.com/upcomingresearch/building-energy-management-systems-bems-market The building & construction industry is primarily accountable for high energy consumption and global greenhouse emission. Growing urbanization and rapid developments of smart buildings are projected to augment market demand over the coming years. The rapidly growing residential & commercial establishments in Eastern Europe and Asia Pacific is anticipated to spur market growth over the forecast period. For addressing the total energy consumptions and carbon dioxide emissions, various other energy management systems are being used such as Cluster/Community Energy Management Systems (CEMS), Home Energy Management Systems (HEMS), Industry Energy Management Systems (IEMS), and Facility Energy Management Systems (FEMS). BEMS is an efficient system in integrating services, technologies, ICT, hardware, and software. BEMS offers efficient controlling, automatic lightening, and monitoring along with HVAC functions to effectively handle energy consumption in buildings. BEMS benefits in advancing dwellers comfort and productivity enhancing the efficiency of the system. The functionalities of BEMS is similar to various other automation technologies including Building Automation Systems (BAS) and Building Management Systems (BMS). BEMS based on product is segmented into HVAC systems, solar power, and LED lights. HVAC system is expected to dominate the BEMS market demand due to reducing operational costs and increasing trend of green technology. LED lights are highly preferred over fluorescent bulbs & lights due to minimum electricity consumption, high quality, and longer durability. The BEMS market by software comprises of data management, HVAC system, lighting system, application platform, and asset performance optimization. The communication Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/