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Building Optimization and Commissioning Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2015 - 2023

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Growth in the development of energy efficient buildings coupled with the advancement in engineering and designing technology can have direct implications on the building optimization and commissioning market. Rise in global spending capacity has also proved to be beneficial for the companies engaged in providing building optimization services. The building optimization and commissioning services helps the industrial and commercial facilities to improve existing systems and provide an energy efficient building. The building optimization and commissioning services are generally provided by the engineering companies, who perform the manual or automatic real time testing of the different parameters. The automatic testing is done by the use of special software that monitors and presents a real time analysis of data generated by building control systems. The companies also offer retro-commissioning services that include a systematic evaluation of electrical and mechanical systems.

 

The market for building optimization and commissioning services can be fragmented on the basis of types of services offered by companies and geography. Services offered by the companies present in building optimization and decommissioning market include set point adjustments, senor calibrations, airflow adjustments, static pressure correction and reset modifications. The reset modifications include outdoor air reset, hot water reset and supply air temperature reset. Presently, new software based building optimization and commissioning services have started to replace the old manual testing services. Software provides a continuous stream of data enabling user to monitor and analyze different parameters. Software communicates with the building management system using a control interface. These companies also provide building energy optimization or power optimization services that deals with monitoring, analyzing and controlling the energy consumption of a building. 

 

The regional segmentation of the building optimization and commissioning services market include countries such as the United States and Canada in North America; Australia, China South Korea, Japan and Taiwan in Asia Pacific; Germany, France, Spain, and the United Kingdom in Europe; Saudi Arabia, Qatar, Oman, Kuwait, Iran and South Africa in Middle East and Africa. The Rest of the World segment includes Latin American countries such as Brazil and Argentina. High per capita income in countries such as Japan, Germany, South Korea and France coupled with the presence of engineering companies in these regions has led to the growth of building optimization and commissioning services. 

 

Increased in per capita income, increasing awareness about building optimization and commissioning services and advancement in designing and construction technologies are the major drivers for the building optimization and commissioning services market. Moreover, the financial benefits achieved through the use of building optimization are another factor driving the building optimization market. Requirement of additional expenditure on acquiring such services is one of the major restraints to the market. Furthermore, the lack of companies offering building optimization and commissioning services can also be counted as a restraint to the market. Expected increase in the global construction activities as a result of increasing population is oe of the major opportunity for the companies involved in providing building optimization and commissioning services.

 

Building optimization and commissioning is still a niche market with only a limited number of layers. Some of the players in global building optimization and commissioning services market include companies such as AECOM, Eaton Corporation, IBM, Schneider Electric and Siemens Building Technologies.

 

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

 

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments 


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