BOULDER, CO—A new report from Navigant Research analyzes the global market for building energy management systems (BEMSs) deployed in small and medium-sized commercial buildings.

The market for building energy management systems for small and medium-sized commercial buildings is expanding as building owners and managers demand more energy savings and easier ways to manage energy use in their facilities. While these buildings represent less space, in terms of square feet, than larger commercial buildings, in sheer numbers they make up the majority of commercial buildings worldwide. According to a recent report from Navigant Research, worldwide cumulative investment in BEMSs for small and medium-sized buildings is expected to total nearly $6.1 billion from 2014 to 2022.

“Lower expenditures on energy management in the small and medium-sized building market, along with the lower penetration of advanced controls and building management systems, has limited the penetration of BEMSs in this sector,” says Noah Goldstein, research director with Navigant. “Given the increasing importance of energy savings, however, BEMSs are poised to be a tool that enables savings in both cost and carbon emissions in small and medium buildings.”

The most rapid growth in the BEMS market for smaller buildings, according to the report, is expected to occur in Europe and Asia Pacific, where new construction and regulation are promoting the installation of BEMS equipment and in turn creating demand for associated services and software. In the North American market, BEMS sales are expected to be concentrated in software, driven by utility and regulatory initiatives that promote energy efficiency and building energy reporting.

The report, Energy Management for Small and Medium Buildings, analyzes the global market for BEMSs that are deployed in small and medium-sized commercial buildings. It provides an analysis of the market issues, including trends, drivers and barriers, and stakeholders, associated with the sector. Global market forecasts for revenue, segmented by region, offering and building type, and building segment, extend through 2022. The report also examines the main technologies related to BEMSs for small and medium buildings, and profiles the key industry players. An Executive Summary of the report is available for free download on the Navigant Research website.

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets.