Energy management systems in commercial buildings

Pike Research report: Building energy management systems help bring commercial buildings to the Smart Grid, increase energy savings.

12/30/2010


According to a new report from Pike Research, the building energy management systems (BEMS) sector is an important and fast-growing application area within the broader Smart Grid movement, and the cleantech market intelligence firm forecasts that BEMS revenue in the U.S. will increase from $900 million in 2010 to $2.4 billion annually by 2016 under an average forecast scenario.

Pike Research's report, Building Energy Management Systems, analyzes the market opportunity for BEMS in commercial buildings throughout the U.S. The report provides a study of the market drivers, barriers and industry dynamics in today's market, along with three scenarios for future growth.

The BEMS market represents a convergence point for IT vendors, Smart Grid companies, utilities, building management system vendors, curtailment service providers and other energy-efficiency companies. As a result of this market convergence, BEMS offerings will become more sophisticated, providing energy savings to the end user that in many cases will be reinvested in additional energy-efficiency applications, according to the report.

Pike Research's analysis indicates that the healthcare, university and commercial office space vertical markets are the most important three segments for the growing BEMS business. Over the next few years, many decision-makers in these markets will choose BEMS rather than updating a legacy BMS, given the cost advantages and versatility of working with multiple technologies, according to the report.



No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
2014 Product of the Year finalists: Vote now; Boiler systems; Indirect cooling; Integrating lighting, HVAC
High-performance buildings; Building envelope and integration; Electrical, HVAC system integration; Smoke control systems; Using BAS for M&V
Pressure piping systems: Designing with ASME; Lab ventilation; Lighting controls; Reduce energy use with VFDs
Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Consulting-Specifying Engineer case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.

Protecting standby generators for mission critical facilities; Selecting energy-efficient transformers; Integrating power monitoring systems; Mitigating harmonics in electrical systems
Commissioning electrical systems in mission critical facilities; Anticipating the Smart Grid; Mitigating arc flash hazards in medium-voltage switchgear; Comparing generator sizing software
Integrating BAS, electrical systems; Electrical system flexibility; Hospital electrical distribution; Electrical system grounding
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.