Market Forecast By Products (Security and Access Control System, Fire Protection System, Lighting Control System, HVAC Control System, Building Energy Management Services), By Control Technology (Wired, Wireless), By Applications (Residential Buildings, Commercial Buildings, Industrial Buildings) and Competitive Landscape
Product Code: ETC002304 | Publication Date: Apr 2020 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, China was the largest exporter in terms of value, followed by UK. It has registered a growth of 22.78% over the previous year. While UK registered a growth of 19.57% as compare to the previous year. In the year 2017 China was the largest exporter followed by Korea. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Qatar has the Herfindahl index of 954 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of 1723 which signifies moderately concentrated in the market.
Report Name | Qatar Building Energy Management System Market |
Forecast period | 2024-2030 |
CAGR | 12.7% |
Growing Sector | Commercial |
Qatar Building Energy Management System Market Report thoroughly covers the market By Products, By Control Technology, and By Applications. The Qatar Building Energy Management System Market Outlook report provides an unbiased and detailed analysis of the ongoing India Commercial Kitchen Appliances Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Qatar Building Energy Management Systems Market has attained prominent growth and is expected to grow more in the future. This growth can be attributed to the increasing demand for smart meters, subsidies, to reduce carbon emissions, and growing awareness among consumers.
According to 6Wresearch, Qatar Building Energy Management Systems Market size is projected to grow at a CAGR of 12.7% during 2024-2030. The market is poised for significant growth, driven by a strong emphasis on sustainable development and energy efficiency in construction and infrastructure projects. Factors such as the increasing cost of energy, stringent government regulations on energy use, and the forthcoming FIFA World Cup 2022 have accelerated the Qatar Building Energy Management Systems Market Growth. These systems are critical for monitoring and controlling the energy consumption of buildings, thereby facilitating substantial energy savings, and reducing operational costs. The market is also witnessing a trend towards the integration of IoT technologies, which enable real-time energy analytics and predictive maintenance, enhancing the efficiency of energy management systems. However, challenges such as high initial investment costs and a lack of skilled professionals in the field of energy management could impede market growth. Nonetheless, the emerging opportunities in green building initiatives and the government's commitment to reducing carbon footprints present a favorable outlook for the Qatar Building Energy Management Systems Market.
Some key players in the Qatar Building Energy Management System Market include names like Engie Cofely, EMS, Enova, EFS Facilities Services, Como Facility Management Services, Amenity FMS, BARQ FM, AKTOR FM, Darwish Interserve Facilities Management. These companies are continuously innovating and helping to meet the demand of the market.
The Qatar Building Energy Management System Industry has gained significant traction, in large part due to concerted government initiatives aiming to achieve sustainable development and reduce environmental footprint. In its commitment to the Qatar National Vision 2030, the government has implemented stringent regulations and standards to promote energy efficiency and sustainability in the construction sector. These initiatives include the Qatar Sustainability Assessment System (QSAS) and the Global Sustainability Assessment System (GSAS), which are designed to encourage the adoption of energy management systems in buildings.
Qatar Building Energy Management System Market is witnessing growth in the coming future due to several factors increasing environmental awareness among consumers, subsides on electricity, and demand for smart meters which will reduce the cost by 10%. With the continuous innovation and efforts of key players, it is expected to further expand in the coming years.
The HVAC Control System segment is expected to dominate the Qatar Building Energy Management System Market Share on the back of increasing emphasis on energy efficiency, as well as the need to ensure optimal indoor air quality in the region's harsh climate.
According to Dhaval, Research Manager, 6Wresearch, the Commercial Buildings segment is experiencing the significant growth in the BEMS market in Qatar. This is primarily due to the rapid development of commercial infrastructure, including shopping malls, office spaces, and hotels, in preparation for global events and to support the burgeoning tourism industry.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Qatar Building Energy Management System Market Overview |
3.1 Qatar Building Energy Management System Market Revenues and Volume, 2020 & 2030F |
3.2 Qatar Building Energy Management System Market Revenue Share, By Components & Services, 2020 & 2030F |
3.3 Qatar Building Energy Management System Market Revenue Share, By Technology, 2020 & 2030F |
3.4 Qatar Building Energy Management System Market Revenue Share, By End Users, 2020 & 2030F |
3.5 Qatar Building Energy Management System Market Revenue Share, By Applications, 2020 & 2030F |
3.6 Qatar Building Energy Management System Market - Industry Life Cycle |
3.7 Qatar Building Energy Management System Market - Porter’s Five Forces |
4. Qatar Building Energy Management System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Qatar Building Energy Management System Market Trends |
6. Qatar Building Energy Management System Market Overview, by Components & Services |
6.1 Qatar Hardware Building Energy Management System Market Revenues and Volume, 2020 & 2030F |
6.2 Qatar Software Building Energy Management System Market Revenues and Volume, 2020 & 2030F |
6.3 Qatar Services Building Energy Management System Market Revenues and Volume, 2020 & 2030F |
7. Qatar Building Energy Management System Market Overview, by Technology |
7.1 Qatar Building Energy Management System Market Revenue and Volumes, By Wired, 2020 & 2030F |
7.2 Qatar Building Energy Management System Market Revenue and Volumes, By Wireless, 2020 & 2030F |
8. Qatar Building Energy Management System Market Overview, by End User |
8.1 Qatar Building Energy Management System Market Revenue and Volumes, By Residential, 2020 & 2030F |
8.2 Qatar Building Energy Management System Market Revenue and Volumes, By Commercial, 2020 & 2030F |
8.3 Qatar Building Energy Management System Market Revenue and Volumes, By Industrial, 2020 & 2030F |
9. Qatar Building Energy Management System Market Overview, by Application |
9.1 Qatar Building Energy Management System Market Revenue and Volumes, By Space Heating, 2020 & 2030F |
9.2 Qatar Building Energy Management System Market Revenue and Volumes, By Computer & Office Equipment, 2020 & 2030F |
9.3 Qatar Building Energy Management System Market Revenue and Volumes, By Lighting, 2020 & 2030F |
9.4 Qatar Building Energy Management System Market Revenue and Volumes, By Air Conditioner, 2020 & 2030F |
9.5 Qatar Building Energy Management System Market Revenue and Volumes, By Others, 2020 & 2030F |
10. Qatar Building Energy Management System Market Key Performance Indicators |
11. Qatar Building Energy Management System Market Opportunity Assessment |
11.1 Qatar Building Energy Management System Market Opportunity Assessment, By Components & Services, 2026F |
11.2 Qatar Building Energy Management System Market Opportunity Assessment, By Technology, 2026F |
11.3 Qatar Building Energy Management System Market Opportunity Assessment, By End-user, 2026F |
11.4 Qatar Building Energy Management System Market Opportunity Assessment, By Application, 2026F |
12. Qatar Building Energy Management System Market Competitive Landscape |
12.1 Qatar Building Energy Management System Market By Companies, 2024 |
12.2 Qatar Building Energy Management System Market Competitive Benchmarking, By Operating Parameters |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |