According to HTF MI, “Global Building Energy Modelling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030”. The Global Building Energy Modelling Market is anticipated to grow at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2030, reaching USD 1884.5 Million in 2024 and USD 2434.19 Million by 2030.
Building energy modeling (BEM) is the practice of using computer-based simulations to analyze and optimize the energy performance of buildings. It involves creating virtual models of buildings and assessing their energy consumption, efficiency, and environmental impact.
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Key and developing players who have been highlighted as part of the coverage include IBM Corporation, Johnson Controls, Cisco, Emerson Electric Co, ABB Ltd, Accenture, Honeywell International Inc.
Building Energy Modelling
Market Drivers
- Energy cost savings and operational efficiency
Market Trend
- Increasing emphasis on energy efficiency and sustainability in buildings
Market Opportunities
- Expansion of the green building market
Market Restraints
- High initial investment and cost of energy modeling software and training
Market Challenges
- Accurate data collection and validation for energy modeling
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Key Market Segmentation:
The report has categorized the Building Energy Modelling market based on type, distribution channel, and region.
Market Breakdown by Applications:
- Software, Services
Market Breakdown by Types:
- Architectural Design, HVAC Design and Operation, Building Performance Rating, Building Stock Analysis, Others
Report Scope
The Market size value in 2024(USD1884.55Million)
Revenue Forecast by 2033 (USD2434.19Million)Growth Rate CAGR Of (4.36%)
Historical Years (2019-2023)
Base Year (2023)
Estimated Year (2024)
Short-Term Projection Year (2030)
Regions Covered (North America, Europe, the Middle East and Africa, Latin America, and the rest of the world)
Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
Competitive Landscape:
Along with studying the profiles of the key players, the industry’s competitive environment has also been examined. Players profiled are IBM Corporation, Johnson Controls, Cisco, Emerson Electric Co, ABB Ltd, Accenture, Honeywell International Inc
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Key highlights of the report:
- Building Energy Modelling Market Performance (2019-2023)
- Building Energy Modelling Market Outlook (2024-2030)
- Building Energy Modelling Market Trends
- Building Energy Modelling Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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