BOULDER, COLO. -- Commercial buildings in the United States are responsible for 18%  of the country’s total energy consumption, and as such they represent  one of the largest opportunities for energy efficiency improvements and  reduction in carbon emissions. According to a new report  from Pike  Research, the increasing application of information  technology (IT) to the commercial building sector, together with changes  in perception regarding energy as an asset, will drive a cumulative  investment of $67.6 billion in Energy Management Systems (EMS) during  the period from 2010 to 2020. By 2020, the cleantech market  intelligence firm forecasts that annual EMS revenues in the U.S. will  reach $6.8 billion.
 
 “Energy is increasingly viewed by businesses as a critical asset  to be managed,” says managing director Clint Wheelock, “whereas  previously it was seen merely as a cost of doing business. This  shift in thinking is further driven by a greater focus on social  responsibility, carbon accounting, and the triple bottom line.” Wheelock  adds that the EMS market comprises three key categories: energy  efficiency improvements, advanced building management systems, and  commercial demand response programs.
 
Pike Research anticipates that the Institutional market, which  includes healthcare, education, and public safety buildings, will be the  largest segment for EMS with $17.7 billion in investment by 2020. Other key segments include Office buildings ($14.9 billion) and Retail  buildings ($11.3 billion).
 
Pike Research’s study, “Energy  Management Systems for Commercial Buildings,” analyzes  the emerging market for commercial building EMS in depth. Based  on extensive supply-side and demand-side analysis, the report provides a  comprehensive examination of business models, market drivers, technology  issues, and the competitive landscape. It also includes  detailed market forecasts through 2020 along with profiles of key  industry players. An Executive Summary of the report is  available for free download on the firm’s website.
 
Pike Research is a market research and consulting firm that  provides in-depth analysis of global clean technology markets. The  company’s research methodology combines supply-side industry analysis,  end-user primary research and demand assessment, and deep examination of  technology trends to provide a comprehensive view of the Smart Energy,  Clean Transportation, Clean Industry, Corporate Sustainability, and  Building Efficiency sectors. For more information, visit www.pikeresearch.com or call 303/997-7609.