Market Outlook : Building Energy Management Services Market in Middle East Grow at a CAGR of 19.49% by 2020
BEMS are dedicated energy solutions provided to end-users in terms of energy savings and optimization.
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These services are offered to end-users in the form of either installation of an energy-efficient product, maintenance of existing machinery to reduce consumption, or through a more concerted approach to consulting in the form of energy audits, monitoring, and control.
Technavios analysts forecast the building energy management services market in Middle East to grow at a CAGR of 19.49% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the building energy management services market in Middle East for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the prominent vendors operating in the market.
The market is divided into the following segments based on geography:
UAE
KSA
Qatar
Others (Bahrain, Oman, and Lebanon)
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Technavio's report, Building Energy Management Services Market in Middle East 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
EFS
Emrill Services LLC
EMS
Enova
Etisalat Facilities Management LLC
Farnek Middle East LLC
Saudi Oger
Trane
Other prominent vendors
Samama Holding
Musanadah
Cylon
Market driver
Need to optimize energy consumption.
For a full, detailed list, view our report
Market challenge
High investment cost related to BEM products and services.
For a full, detailed list, view our report
Market trend
Widening gaps in energy demand and supply.
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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