Memoori has published a new research report on the market for Building Energy Management Systems (BEMS) and Enterprise Energy Management; bringing together market sizing statistics, investment data and all the factors that are influence the industries future. In 2013, the total world sales of Building Energy Management Systems ‚  (BEMS) will be $16.7 billion at an installed value and Memoori forecasts that it will grow to $23.14 billion by 2017. This represents a CAGR of approximately 8.4% over the 5-year period. Energy savings remain the key driver for the BEMS & EEM markets. Global attention is on the efficient use of energy resources and reduction in CO2 emissions. With buildings accounting for around 40% of primary energy usage, savings here can make a significant impact. The major multinational companies Honeywell, Johnson Controls, Schneider Electric, Siemens and UTC dominate the products business in most countries across the developed world. We estimate that between them they take […]