Smart Buildings

Total World Sales of Building Energy Management Systems Hit $13.39b in 2011

Memoori highlights the growing market for intelligent building controls and the huge opportunity presented by interfacing Smart Buildings with the Smart Grid. The size of the world market for Building Energy Management Systems (BEMS); DDC controls that monitor and control environmental plant in industrial and commercial buildings was $13.39 billion in 2011 and Memoori forecasts that in 2016 the market will be worth approximately $18.78 billion. Industrial and commercial buildings consume 40% of all generated electrical power. Interfacing this building stock with a Smart Grid will provide large scale opportunities to balance electrical supply and demand, particularly as Smart Buildings are already fitted with fully automatic DDC controls. In the US alone, approximately 80,000 sites in the commercial sector offer a high propensity for Smart Building to Smart Grid interfacing. The total world population will be well over 250,000 buildings. New market opportunities that have little or no obstacles to their development are rare. This […]

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Memoori highlights the growing market for intelligent building controls and the huge opportunity presented by interfacing Smart Buildings with the Smart Grid.

The size of the world market for Building Energy Management Systems (BEMS); DDC controls that monitor and control environmental plant in industrial and commercial buildings was $13.39 billion in 2011 and Memoori forecasts that in 2016 the market will be worth approximately $18.78 billion.

Industrial and commercial buildings consume 40% of all generated electrical power. Interfacing this building stock with a Smart Grid will provide large scale opportunities to balance electrical supply and demand, particularly as Smart Buildings are already fitted with fully automatic DDC controls. In the US alone, approximately 80,000 sites in the commercial sector offer a high propensity for Smart Building to Smart Grid interfacing. The total world population will be well over 250,000 buildings.

New market opportunities that have little or no obstacles to their development are rare. This potential market offers stakeholders on both the demand and supply side an almost perfect opportunity to profit by producing software to interface Smart Building systems with the Smart Grid.

Coupling distributed generation with the efficient balancing of supply and demand in the Smart Building is one of the most cost effective solutions for large scale energy conservation and as a direct consequence the reduction of CO2 emissions.

The “Smart Building to Smart Grid Interface Business” report is the definitive guide to assessing the future of this fast growing business. At only $999 USD it will help all stakeholders understand the size of this potential market by product and vertical building type; as well as how it will develop over the next 20 years and the business models that will be operated. You can learn more at the reports website; http://memoori.com/smart-buildings-2012

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