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[February 27, 2013]
Research and Markets Announces the Addition of Report to Their Offering: "The Smart Building to Smart Grid Interface Business"
Dublin, Ireland, Feb 27, 2013 (PRWeb.com via COMTEX) -- The technology is already in place for both Smart Grid and Smart Buildings to benefit from interfacing and integration. It will not require vast sums of money to bring it about; we estimate approximately one percent of the total Smart Grid investment budget. The likely slowing down of the development of Smart Grid, due to the present poor economic conditions, could serve to enhance the prospects of this business.
The authors estimated that in the US, 80,000 sites in the commercial sector offer a high propensity for Smart Building to Smart Grid interfacing. The world population will be over 250,000 buildings.
In many developed countries, Industrial and Commercial Buildings consume 40% of all generated electrical power. Interfacing with this building stock provides large scale opportunities to balance supply and demand particularly as Smart Buildings are already fitted with fully automatic DDC controls.
The size of the world market for Building Energy Management Systems (BEMS), DDC controls that monitor and control environmental plant in commercial and industrial buildings, was $13.39 billion in 2011.
Current global spend on interface products for Smart Buildings is not likely to be exceeding $100 million. We estimate that the average annual aggregated spend on both the Smart Grid side and Smart Building side for interface software will be approximately $1 billion in 2016 and demand will peak in 2020 at $2.2 billion.
Sales to the Retrofit Market will account for 65% of this business during the next five years. Of this, 40% will pass through Specialist IT Integrators. Energy Service Management Companies will take 40% and the balance of 20% will be direct business between the buyer and software supplier.
Conserving energy through distributed generation coupled with efficient balancing of supply and demand in the Smart building is the most cost effective solution. This must be one of the most attractive businesses to be a part of today for it benefits society, delivers an attractive Return on Investment and has excellent future growth potential.
Companies mentioned in this report include ABB, Adura Technologies, American Auto-Marix, Building IQ, C3, CA Technologies, Cimetrics, Comverge, ConEd Sloutions, Constellation Energy, Cylon Controls, Delta Controls, Echelon, Ecova, EnergyCAP, EnerNOC, and many more.
Key Topics Covered: 1. Introduction 2. Smart Grid Status & Future Development 3. Smart Grid Market Size 4. Smart Grid Interface with Smart Buildings 5. Smart Building Development & Vertical Markets 6. Smart Buildings - IT Convergence & the Internet of Things 7. Smart Buildings Offer Distributed Energy Enhanced Through Virtual Power Plants 8. Smart Buildings - Market Size of Building Energy Management Systems (BEMS) 9. Smart Buildings to Smart Grid Market Size of Interface Systems 10. Business Models & Routes to Market 11. Market Leaders 12. Implementing Strategy through Acquisition For more information visit
Research and Markets Laura Wood, Senior Manager.
Email: press(at)researchandmarkets(dot)com Phone: +35314151241 Sector: Power Read the full story at
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