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New England Building Energy Management System Market Size, Share & Trends Analysis Report By Product Type (Sensors & Controllers, Smart Meters), By End-use (Residential, Telecom & IT), And Segment Forecasts, 2025 - 2030

Publisher Grand View Research
Published Nov 07, 2024
Length 100 Pages
SKU # GV21020057

Description

New England BEMS Market Size & Trends

The New England building energy management system market size was estimated at USD 688.4 million in 2024 and is expected to grow at a CAGR of 10.7% from 2025 to 2030. Factors driving the market growth include the stringent energy efficiency regulations, growing focus on sustainability and green building initiatives, and the convergence of technologies, such as IOT, AI, and big data analytics are primarily driving the growth of the market. Stringent energy efficiency regulations are a significant driver in the market. States in the New England region, such as Massachusetts, Vermont, and Connecticut, have implemented some of the most rigorous energy codes in the U.S. These regulations aim to reduce energy consumption, lower carbon emissions, and promote sustainability across residential, commercial, and industrial sectors.

Various companies across the region are integrating Environmental, Social, and Governance (ESG) goals into their operations, seeking to demonstrate a commitment to sustainability. BEMS plays a crucial role in helping organizations monitor and reduce energy use, cut greenhouse gas emissions, and improve their overall environmental footprint. In New England, the push for net-zero energy buildings and adherence to Passive House standards has also contributed to this trend. These initiatives require buildings to be exceptionally energy-efficient, often necessitating the use of intelligent energy management solutions to optimize performance. As awareness of climate change grows, the emphasis on green building practices is expected to continue driving the BEMS market, supporting broader sustainability and environmental goals across the region.

The convergence of technologies, such as IoT, AI, and big data analytics, offers substantial opportunities for BEMS providers. By developing systems that leverage IoT devices, companies can enable real-time monitoring and control of energy consumption across various building systems. Integrating AI algorithms can enhance predictive maintenance and optimize energy management based on occupancy patterns, weather conditions, and energy pricing. As smart building solutions gain traction, companies that offer integrated platforms combining BEMS with IoT and AI will likely capture a significant share of the market.

New England Building Energy Management System Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global New England building energy management system market report based on product type and end-use.
  • Product Type Outlook (Revenue, USD Billion, 2017 - 2030)
  • Sensors & Controllers
  • Smart Meters
  • Energy Storage Systems
  • Software & Analytics Platforms
  • End-use Outlook (Revenue, USD Billion, 2017 - 2030)
  • Residential
  • Energy & Power
  • Telecom & IT
  • Manufacturing
  • Retail
  • Healthcare
Please note The report will be delivered in 2-3 business days upon order notification.

Table of Contents

100 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. New England Building Energy Management System (BEMS) Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.3.3. Industry Opportunities
3.3.4. Industry Challenges
3.4. New England Building Energy Management System (BEMS) Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. New England Building Energy Management System (BEMS) Market: Product Type Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. New England Building Energy Management System (BEMS) Market: Product Type Movement Analysis, 2024 & 2030 (USD Million)
4.3. Sensors & Controllers
4.3.1. Sensors & Controllers Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
4.4. Smart Meters
4.4.1. Smart Meters Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
4.5. Energy Storage Systems
4.5.1. Energy Storage Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
4.6. Software & Analytics Platforms
4.6.1. Software & Analytics Platforms Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. New England Building Energy Management System (BEMS) Market: End Use Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. New England Building Energy Management System (BEMS) Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
5.3. Residential
5.3.1. Residential Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
5.4. Energy & Power
5.4.1. Energy & Power Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
5.5. Telecom & IT
5.5.1. Telecom & IT Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
5.6. Manufacturing
5.6.1. Manufacturing Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
5.7. Retail
5.7.1. Retail Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
5.8. Healthcare
5.8.1. Healthcare Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis by Key Market Participants
6.2. Company Categorization
6.3. Company Market Positioning
6.4. Company Market Share Analysis
6.5. Company Heat Map Analysis
6.6. Strategy Mapping
6.7. Company Profiles
6.7.1. ABB
6.7.1.1. Participant’s Overview
6.7.1.2. Financial Performance
6.7.1.3. Product Benchmarking
6.7.1.4. Recent Developments
6.7.2. BuildingIQ
6.7.2.1. Participant’s Overview
6.7.2.2. Financial Performance
6.7.2.3. Product Benchmarking
6.7.2.4. Recent Developments
6.7.3. Current Lighting Solutions, LLC
6.7.3.1. Participant’s Overview
6.7.3.2. Financial Performance
6.7.3.3. Product Benchmarking
6.7.3.4. Recent Developments
6.7.4. Enel X North America, Inc.
6.7.4.1. Participant’s Overview
6.7.4.2. Financial Performance
6.7.4.3. Product Benchmarking
6.7.4.4. Recent Developments
6.7.5. GridPoint
6.7.5.1. Participant’s Overview
6.7.5.2. Financial Performance
6.7.5.3. Product Benchmarking
6.7.5.4. Recent Developments
6.7.6. Honeywell International Inc.
6.7.6.1. Participant’s Overview
6.7.6.2. Financial Performance
6.7.6.3. Product Benchmarking
6.7.6.4. Recent Developments
6.7.7. Johnson Controls Inc.
6.7.7.1. Participant’s Overview
6.7.7.2. Financial Performance
6.7.7.3. Product Benchmarking
6.7.7.4. Recent Developments
6.7.8. Schneider Electric
6.7.8.1. Participant’s Overview
6.7.8.2. Financial Performance
6.7.8.3. Product Benchmarking
6.7.8.4. Recent Developments
6.7.9. Siemens
6.7.9.1. Participant’s Overview
6.7.9.2. Financial Performance
6.7.9.3. Product Benchmarking
6.7.9.4. Recent Developments
6.7.10. Trane Technologies plc
6.7.10.1. Participant’s Overview
6.7.10.2. Financial Performance
6.7.10.3. Product Benchmarking
6.7.10.4. Recent Developments

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