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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Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]

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