Building Energy Management System Market Size USD 16.92 Billion by 2028 | top Players General Electric, Hitachi Ltd., Honeywell international Inc., IBM, et
Building Energy Management System Market Technology, Demand, Future Growth, Applications, Types, Analysis, Insights and Forecasts 2027
iCrowd Newswire
14 Jul 2021, 10:09 GMT+10
Rising need to minimize energy costs, increase energy efficiency, and growing concerns regarding climate change are some key factors driving global building energy management system market growth.
The global building energy management system market is expected to reach a market size of USD 16.92 Billion at a steady CAGR of 11.8% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to increasing government incentives and policies such as tax benefits related to energy efficiency and associated solutions and services.