Building Energy Modelling Market Review: All Eyes on 2023 Outlook IBM Corporation, Johnson Controls, Cisco
According to HTF Market Intelligence, the Global Building Energy Modelling market to witness a CAGR of 4.36% during forecast period of 2023-2028. The market is segmented by United States Building Energy Modelling Market Breakdown by Application (Architectural Design, HVAC Design and Operation, Building Performance Rating, Building Stock Analysis) by Type (Software, Services) and by Geography (The West, Southwest, The Middle Atlantic, New England, The South, The Midwest). The Building Energy Modelling market size is estimated to increase by USD 549.63 Million at a CAGR of 4.36% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 1884.56 Million.
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Building Energy Modeling (BEM) is a process of simulating the energy performance of a building using computer software. BEM is used to predict and optimize the energy consumption of a building and its associated environmental impacts, such as greenhouse gas emissions. BEM software uses 3D models of buildings to simulate various energy inputs, such as lighting, heating, cooling, and ventilation systems, to assess the building’s overall energy efficiency. The Building Energy Modelling market refers to the supply and demand of BEM software and related services, including consulting, training, and technical support. This market serves a wide range of stakeholders, including architects, engineers, building owners, energy consultants, and government agencies. The primary objective of the Building Energy Modelling market is to help optimize building design, reduce energy consumption, and minimize environmental impacts.
Building Energy Modelling market – Key Segment Analysis
The market share growth by the Services segment will be significant during the forecast period. The segment is driven by the 1. Energy efficiency regulations: As governments around the world focus on reducing greenhouse gas emissions and combating climate change, energy efficiency regulations for buildings are becoming increasingly stringent. This is driving demand for BEM services as building owners and operators look for ways to comply with these regulations and optimize their energy use..
Building Energy Modelling market – Competition Analysis
The global Building Energy Modelling market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are IBM Corporation, Johnson Controls, Cisco, Emerson Electric Co, ABB Ltd, Accenture, Honeywell International Inc.
Building Energy Modelling market – Geographical Outlook
will provide maximum growth opportunities in Building Energy Modelling market. According to our research, the region will account for % of the global market growth during the forecast period. The market in is driven by 1. Growing demand for green buildings: The demand for green buildings has been on the rise in recent years due to concerns about climate change and environmental sustainability. As a result, there is an increasing need for BEM to optimize the energy performance of buildings and reduce their carbon footprint..
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What key data is demonstrated in this Building Energy Modelling market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Building Energy Modelling market between 2023 and 2028
- Precise estimation of the size of the Building Energy Modelling market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle Eastand Africa; further broken down by major country within region.
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Building Energy Modelling market players
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Some Extracts from Table of Content
Some Extracts from Table of Content
– Overview of Building Energy Modelling Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– Building Energy Modelling Size (USD & Sales Volume) Comparison by Type (2017-2028)
– Building Energy Modelling Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
– Building Energy Modelling Size (Value & Volume) Comparison by Region (2017-2028)
– Market Capacity, Production, Export-Import by Region (2017-2022E)
– Building Energy Modelling Market Sales, Revenue and Growth Rate (2017-2028)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2022E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– Building Energy Modelling Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
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