Press release
Building Management System Market Growth in Future- Comprehensive Study on Key Players: Jardine Engineering Corporation, Delta Controls Inc., Honeywell, Distech Controls, Johnson Controls
Building Management System Market
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.
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Data Bridge Market Research provides 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.
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.
Top Key Venders
• 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.
Major Points from Table of Content:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key Players
10. Future of the Market
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Market Segmentation of Global Building Management System Market
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
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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
Opportunities in the market
1. To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
2. The key findings and recommendations highlight crucial progressive industry trends in the Building Management System Market, thereby allowing players to develop effective long term strategies
3. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.
5. To get a comprehensive overview of the Building Management System market.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Data Bridge Market Research
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