Global Next-Generation Building Energy Management Systems(Bems) Industry Insights: Market Size, Growth Analysis and Forecast

Report ID : 1344185 | Published : July 2025 | Study Period : 2023-2033 | Format : PDF + Excel

The market size of the Next-Generation Building Energy Management Systems(Bems) Industry is categorized based on Hardware (Sensors, Controllers, Actuators, Energy Management Devices, Networking Devices) and Software (Energy Management Software, Building Automation Software, Data Analytics Software, Predictive Maintenance Software, Integration Software) and Services (Consulting Services, Installation Services, Maintenance Services, Training Services, Support Services) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The Next-Generation Building Energy Management Systems(Bems) Industry was worth $7.5 billion in 2023 and is forecasted to reach $18 billion by 2033, growing at a CAGR of 9.5% over the period 2024-2033. This report covers various segments and analyzes the key trends and factors influencing the market significantly.

The Building Energy Management Systems next generation will achieve the objectives of enhancing energy utilization in the construction features as well as making it more efficient. The world is facing the pressing issue of climate change and the lack of resources which is why the need for effective energy management systems has never been as urgent as now. These supervised research systems employ high techniques of information technologies like IoT, AI, and big data analytics in aiding energy utilization, operational expenses, and enhancement of the general performance of the building. The next generation BEMS offers real-time information through monitoring and automation technologies which enables facility managers to make decisions that satisfy economic and environmental objectives. 

Adoption of sustainability programs by organizations is increasing and so is the adoption of Next-Generation Building Energy Management among commercial, industrial and residential markets. This also helps to manage the requirements of very strong laws but also makes companies good performers in corporate governance. A Report from Plunkett Research estimates that the market for Next Gen BEMS is estimated to reach $20.8 billion by 2027. Subsequently, with the utilization of the next-generation BEMS features, significant energy savings are realized, work space is made more conducive, and better work environment is engineered. The market will be witnessing immense growth considering the expected variation of threats and progress in technologies for BEMS stakeholders in economical management specialty.

 

ATTRIBUTES	DETAILS
STUDY PERIOD	2023-2033
BASE YEAR	2023
FORECAST PERIOD	2024-2033
HISTORICAL PERIOD	2023-2024
UNIT	VALUE (USD BILLION)
KEY COMPANIES PROFILED	Johnson Controls, Siemens AG, Schneider Electric, Honeywell International Inc., Trane Technologies, BuildingIQ, EnerNOC, GridPoint, C3.ai, Lutron Electronics, Ecova
SEGMENTS COVERED	By Hardware - Sensors, Controllers, Actuators, Energy Management Devices, Networking Devices By Software - Energy Management Software, Building Automation Software, Data Analytics Software, Predictive Maintenance Software, Integration Software By Services - Consulting Services, Installation Services, Maintenance Services, Training Services, Support Services By Geography - North America, Europe, APAC, Middle East Asia & Rest of World.

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Next-Generation Building Energy Management Systems(Bems) Industry Dynamics

The Next-Generation Building Energy Management Systems(Bems) Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.

Market Drivers

1. Technological Advancements
2. Increasing Consumer Demand
3. Regulatory Support
4. Globalization

Market Restraints

1. High Operational Costs
2. Regulatory Challenges
3. Market Saturation

Market Opportunities

1. Emerging Markets
2. Product Innovation
3. Strategic Partnerships

Market Challenges

1. Technological Disruptions
2. Supply Chain Issues
3. Changing Consumer Preferences

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Key Players in the Next-Generation Building Energy Management Systems(Bems) Industry

This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.

• Johnson Controls
• Siemens AG
• Schneider Electric
• Honeywell International Inc.
• Trane Technologies
• BuildingIQ
• EnerNOC
• GridPoint
• C3.ai
• Lutron Electronics
• Ecova

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