HVAC and Construction Industry BEMS Market Size, Analysis, Growth & Trends, 2024 | Page 4
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Europe energy efficient building market is anticipated to observe a significant growth due
increasing usage of smart grid systems. The countries expected to boost the European
market growth are France, the UK, and Germany. Increasing government regulation and
favorable policies for adopting BEMS is anticipated to drive regional market growth.
Growing local infrastructure expenses in Turkey, Qatar, and Saudi Arabia are projected
positively to influence the Middle East & African energy efficient construction market
growth. Low capital countries such as Zimbabwe and Nigeria may observe sluggish growth
due to high plant setup cost.
The leading companies in building energy management systems market are involved in
rigorous R&D activities to achieve energy efficient systems. Emerging firms undertake
mergers & acquisitions to gain market share in developing as well as developed regions.
Key players operating in building energy management systems market are SkyFoundry,
Verisae, Toshiba, Siemens AG, Optimum Energy LLC, Schneider Electric, Jones Lang LaSalle,
Johnson Controls, IBM, Ingersoll-Rand PLC, Honeywell International, eSight Energy,
GridPoint. Other participants of this market are FirstFuel Software, EnerNOC, Inc., Ecova,
Inc., Elster EnergyICT, Echelon Corp., Daikin Industries, Daintree Networks, Cylon Active
Energy, C3 Energy, Carma Industries, BuildingIQ Carma Industries, ABB Group, and Azbil.
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