Technology Market Analysis Building Energy Management Systems (BEMS) Market
Hexa Research
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Building Energy Management Systems (BEMS) Market Size,
Share, Growth, Industry Analysis and Forecast to 2024 | Hexa
Research
Global building energy management systems (BEMS) market is projected to grow at a
CAGR of 13.59% to reach over USD 7 billion by 2024. High energy cost in the
manufacturing and commercial sector has compelled companies to adopt energyefficient products and systems. Intelligent building energy management products have
helped companies reduce the operational cost to a large extent.
Increasing campaigns and activities promoted by the government and other authorities
for reducing energy consumption is anticipated to spur the BEMS market demand in the
residential, industrial, and commercial sectors. Commercial, residential, and industri al
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