Building Energy Management Systems (BEMS) Market Size to surpass $6 billion by 2023

The global building energy management systems (BEMS) market size is projected to surpass USD 6 billion by 2023, recent research from Global Market Insights has been able to suggest.
Rising awareness regarding efficient use of energy at corporate and government levels is anticipated to propel building energy management systems market demand in commercial, residential as well as industrial sectors.

Surging energy prices and managing energy costs for commercial as well as residential buildings is expected to boost building energy management systems market size over the next few years. These sectors have been adopting various appropriate technologies for controlling, conserving, and monitoring energy.

High energy consuming areas in buildings are office equipment, HVAC systems, catering, pumps, etc. Energy consumption in building amenities that mainly includes the use of fossil fuels adds to air pollution, which is likely to have adverse impact on the environment and also likely affect residents’ health.

Furthermore, the advent of innovative technologies accompanied by maturing of existing technologies is predicted to drive applicability across various industry sectors. Rapid urban infrastructure development, particularly the swift growth of smart buildings is anticipated to be one of the major factors driving building energy management systems market share from 2015 to 2022.

Building energy management systems can help you cut your bills and improve your energy efficiency

Installing an advanced BEMS (Building Energy Management System) is the perfect way to reduce your energy-related expenditure, and this is exactly where the HeatingSave system developed by Tensor might prove its worth, since our solution allows customers to achieve immediately savings of up to 30%+ on their energy bills.

Energy Management Systems are designed to optimize energy consumption within a building and reduce carbon emissions. In the private sector, this most usually applies to offices and factories, especially to firms with a large number of smaller buildings.

HeatingSave uses a radical new approach to the concept of energy management, since there’s absolutely no need to replace one’s existing boilers, plant of equipment. In fact, it simply retrofits to existing heating systems, replacing where the time clock/BMS was situated, and is comparatively inexpensive and simple to install with a fast payback.

HeatingSave is approved to work and save fuel by the Carbon Trust, The Department of Energy & Climate Change, the Energy Savings Trust and it is OfGem CER approved.

If you’d like to find out more about the range of energy management solutions supplied by Tensor, just contact us or Book a Demo, our representatives will be more than happy to answer any questions or queries you might have.