Building Management System (BMS) Market Growth by Top Key Manufacturers, Region, Application, Driver, Trends & Forecasts by 2024: Companies Delta Controls Inc., Honeywell, Distech Controls, Johnson Controls, Schneider Electric, Oberix Group. & More

The building management system market report is a window to the market it allows you know what the market is holding in the forecast period of 2017-2024. With thorough market segment in terms of different Countries, this report divides the market into a few key countries, with sales, revenue, market share, and growth rate of the market in these countries over the forecast period 2017-2024.This building management system market report provides all the strategic insights of the market and all the graphical values for the forecast period.

Market Definition: Global Building Management System

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. Building management systems consist of hardware and software. The trends in these systems are increasing demand for energy efficient system, need of automation of security system in buildings. Moreover, IOT integration of this system will provide the more secure and remotely controlled solution.

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Market Analysis: Global Building Management System

The 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.

Some of the major countries covered in this report are

• U.S.,
• Canada,
• Germany,
• France,
• U.K.,
• Netherlands,
• Switzerland,
• Turkey,
• Russia,
• China,
• India,
• South Korea,
• Japan,
• Australia,
• Singapore,
• Saudi Arabia,
• South Africa,
• Brazil among others.
• In 2017, North America is expected to dominate the market.

Major Market Competitors: Global Building Management System

• 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, Distich Controls Inc., Gridpoint, Inc., Bosch Security, Bajaj Electricals, Jardine Engineering Corporation, MS Group, Oberix, AllGreenEcotech, Phoenix Energy Technologies are among the others mentioned in the Building Management System
Market report.

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.

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Global Building Management System Market Segmentation:

• On the basis of software the Building Management System Market is segmented into Facility Management, Security Management, Energy Management, Emergency Management, and Infrastructure Management. The Energy Management market is expected to grow in the forecasted period.

• The Facility management is further divided into Lighting Control, HVAC Control. The Lighting control market is expected to grow in the forecasted period.

• The Security management is further divided into Video Surveillance, Access Control. The Access control market is expected to grow in the forecasted period.

• On the basis of services type the Building Management System Market is segmented into Professional Services, Managed Services. The Managed service market is expected to grow in the forecasted period.

• On the basis of application the Building Management System Market is segmented into Residential, Commercial, and Industrial. The Industrial market is expected to grow in the forecasted period.

• On the basis of geography, Building Management System Market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and 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

Target audience
The target audience for the global industrial gases market
• Contactors and Importers of Building Management System market.
• Consultants for industrial gases.
• Government and research organizations.
• Associations and industry bodies.
• End users.

Are among the Few Mentioned In the Report.

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Key Highlights of Report

• Overview of key market forces propelling and restraining market growth
• Offers a clear understanding of the competitive landscape and key product segments
• An analysis of strategies of major competitors
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Provides profiles of major competitors of the market.
• Details of their operations, product and services.
• Recent developments and key financial metrics.

Customization Options

• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).

Research Methodology

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation.

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