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Worldwide Building Management System (BMS) Market Future Research Analysis, Growing CAGR, In-Depth Research On Market Dynamics, Trends and Forecasts to 2024: Delta Controls Inc., Honeywell, Distech Controls, Jardine Engineering Corporation, Distech Contro
Worldwide Building Management System (BMS) Market
The report comprises of all the information needed to Excel in the building management systems market. The report is a comprehensive study on how the conditions will be in the forecast period of 2017-2024. The report explains what market definition, classifications, applications and key trends are as well as teaches how the market is changing in and how will the change affect in terms of sales, import, export and revenue.
New industry report “Global Building Management System Market” accounted to USD 54.0 billion in 2016 growing at a CAGR of 11.0% during the forecast period of 2017 to 2024.
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Competitive Analysis:
Building Management System Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Report Overview
On the basis of software
1. Facility management
• Lighting Control,
• HVAC Control
2. The Security management
• Video Surveillance,
• Access Control
3. Energy Management,
4. Emergency Management,
5. Infrastructure Management
On the basis of services type
• Professional Services,
• Managed Services
On the basis of application
• Residential,
• Commercial
• Industrial
On the basis of geography
• North America & South America,
• Europe,
• Asia-Pacific,
• Middle East & Africa
Major Market Drivers and Restraints:
• Increased demand of Energy-Efficient Systems
• Growing automation of security systems in buildings
• IOT in Building Automation System
• Development of Building Automation-Centric Wireless Protocols and Wireless Sensor Network Technology
• Infrastructure Growth
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In 2017, Honeywell launched new particle sensor designed to help building owners and consumers monitor the air for potentially harmful particulate contaminants caused by dust, soot and smoke.
Worldwide Building Management Systems (BMS) or building automation systems (BAS) are computer based control systems installed in buildings, which monitor and control the building’s electrical and mechanical equipment such as security system, fire system, power system, lighting and ventilation.
Top Key players
• Johnson Controls International PLC,
• Honeywell International Inc.,
• Siemens AG,
• Schneider Electric SE,
• United Technologies Corp.,
• IBM Corporation,
• Ingersoll-Rand PLC,
• Delta Controls,
• Crestron Electronics, Inc.,
• Buildingiq, Inc.,
• Lucid,
• Distech Controls Inc.,
• Gridpoint, Inc.,
• Bosch Security,
• Bajaj Electricals,
• Jardine Engineering Corporation,
• MS Group,
• Oberix, AllGreenEcotech,
• Phoenix Energy Technologies among others.
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