Research and Markets: Asia-Pacific Building Energy Management System Market 2015-2019
29 July 2015 - 10:30AM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/8sqtq5/building_energy)
has announced the addition of the "Building Energy Management
System Market in APAC 2015-2019" report to their offering.
The building energy management system market in APAC to grow at
a CAGR of 18.1% over the period 2014-2019.
Building energy management systems (BEMS) are deployed in
buildings for efficient energy performance. It controls and manages
building facilities such as lighting, electricity, fire
precautions, safety, security, and heating, ventilation, and
air-conditioning. They are installed in commercial buildings, IT
parks, hotels, restaurants, manufacturing plants, retail outlets,
and residential buildings for effective facility management.
The report includes the present scenario and the growth
prospects of the building energy management system market in APAC
for the period 2015-2019. The market can be segmented into three
divisions on the basis of components: Hardware, software, and
services.
One of the most effective methods of reducing energy usage in
the industrial sector is employing energy management systems. These
systems record energy consumption data, normalize energy data to
determine the influencing factors, and analyze data to understand
consumption trends and compare with historical data to identify
glitches and areas for improvement. Companies can create targets,
monitor consumption, and make adjustments for reducing energy
consumption. The adoption of these systems in the industrial sector
increased after the introduction of ISO 50001 in 2011, a standard
for energy management, which governs policies for efficient use of
energy and fixes targets and objectives.
According to the report, building management software increases
organizational cost savings as it facilitates efficient energy
management. Also, increments in cost savings and efficient
deployment of the software result in improved productivity. The
comfort level in a building is the key factor influencing
productivity. In an organization, lighting, with efficient
temperature and acoustics controls are the key factors that require
controlling to increase employee comfort. The practical
implementation enables efficient control and management of building
resources and services that lead to greater productivity. Better
and more natural lighting, good quality of air, and suitable
temperatures in the workplace can improve employees' health, and
thus increase efficiency.
Further, the report states that lack of trained and skilled
labor to execute the development process pose a challenge to the
market growth.
Key Vendors
- Daikin
- Honeywell
- GE Lighting
- Schneider Electric
- Siemens Building Technologies
Other Prominent Vendors
- Beijing PowerU Technology
- Johnson Controls
- Kumho Electric
- Samsung Group
- Toshiba
For more information visit
http://www.researchandmarkets.com/research/8sqtq5/building_energy
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version on businesswire.com: http://www.businesswire.com/news/home/20150729005678/en/
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