Global Market for Building Commissioning Services Expected to Total Nearly $50 Billion from 2014 to 2024, According to Navigant Research

A recent report from Navigant Research examines the global market for building optimization and commissioning services, including global market forecasts, segmented by service type, building type, and region, through 2024.

As energy efficiency becomes the highest priority in construction and building operations, more complex equipment and solutions are emerging that promise reduced energy consumption, less waste, and better operation. Building optimization and commissioning services, quality assurance measures that can help meet operational and energy efficiency goals, are expanding with this growing emphasis. Click to tweet: According to a recent report from Navigant Research, global revenue from building commissioning services is expected to total nearly $50 billion from 2014 to 2024.

“Originating in the United States and United Kingdom in the 1960s and 1970s as a quality assurance measure for new buildings, the building commissioning process has yet to experience major technological changes,” says Benjamin Freas, senior research analyst with Navigant Research. “However, the increased use of services such as monitoring-based commissioning, integration into building information modeling, and others like cloud-based management of documents have the potential to improve both the commissioning process itself and building operations as a whole.”

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Date Posted: 8/11/2015