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Global Building Energy Management Systems (BEMS) Strategic Market Report 2023-2030: BEMS Vendors, System Integrators Join Hands with ESCOs, Software Providers to Deliver EEM Systems tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ The "Building Energy Management Systems (BEMS): Global Strategic Business Report" report has been added to ResearchAndMarkets.com s offering..
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The inverter generator market by revenue is expected to grow at a CAGR of over 6% during the period 2020-2025.
The global market is experiencing growth due to rapid industrialization in developing countries and the proliferation of chargeable electronic devices. North America generated the highest revenue in 2019. The growth of the market can be attributed to increasing camping and power grid failure in countries such as the US and Canada and climate changes in North America.
APAC is expected to witness the highest growth in terms of revenue during the forecast period. Due to weather and non-weather-related conditions in APAC countries, power outages are expected to impact the demand for inverter generators’ growth positively. The building & construction industry is on the rise in India and China due to government initiatives to develop smart cities, which is expected to generate portable generators’ demand during the forecast period. Moreo
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COVID-19 Crisis Brings the Environment into the Spotlight. With Energy Management Being Vital for Saving the Environment, BEMS is Poised for a 12.4% Growth Run Over the Next 7 Years
The global Building Energy Management Systems (BEMS) is expected to reach US$8.4billion by the year 2027, trailing a post COVID-19 CAGR of 12.4%, over the analysis period 2020 through 2027.
Building Energy Management System (BEMS) are sophisticated systems integrating hardware, software, and services with information and communication technologies for monitoring, automating, managing, and controlling the energy requirements of buildings. BEMS are microcomputer systems that automatically monitor and control energy-consuming electrical and mechanical equipment such as thermostats, HVAC, and lighting within a single building or a group of buildings in order to enhance energy-efficiency and comfort.