BLDG EE OPS BIZ WILL DOUBLE TO $6.6BIL

Building Optimization and Commissioning Services; Initial Commissioning, Retrocommissioning, and Monitoring-Based Commissioning Services: Global Market Analysis and Forecasts

1Q 2015 (Navigant Research)

“As energy efficiency continues to become the highest priority in construction and building operations, more complex equipment and solutions are emerging that promise reduced energy consumption, reduced waste, and better operation…[but only] if these solutions operate properly. The complicated construction process of buildings as well as their maintenance and operations can lead actual performance to drift away from the intended design…Building optimization and commissioning services are a tool to ensure operational and energy efficiency…[R]ecent policies and regulations requiring commissioning of new construction and existing buildings has further reinforced…growth. In turn, the savings building owners have achieved through the commissioning process has further driven demand for such services. According to Navigant Research, global revenue for building commissioning services is expected to grow from $2.7 billion in 2014 to $6.6 billion in 2024…” click here for more

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