|11-23-2018 04:57 AM CET - IT, New Media & Software||
Building Management System Market Booming Global to 2025- Technovator, Azbil, KMC, Airedale, ST Electronics, Deos, SUPCON, Schneider
Press release from: ReportsWeb
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. All these factor will further increase the demand for these system.
The building management system market based on service types has been segmented into professional services and managed services. Professional services held the largest share in the market in 2016. As the adoption of building management solutions across the globe increases due to the regulatory push, amended policy framework, operational efficiencies, cost containment, sustainability benefits, and changing business dynamics, the demand for professional services increases.
Top Companies Profiled in This Report Include:
Technovator, Azbil, KMC, Airedale, ST Electronics, Deos, SUPCON, Schneider, Fidelix, Beckhoff, GREAT, Siemens, UTC, Cylon, Honeywell, ASI, Johnson Controls, Trane
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The market is highly fragmented due to the presence of several well-established international and local building management system manufacturers. The market players focus on differentiating their products based on quality, features, and adaptability. Technical expertise and the ability to customize products to cater to the needs of the end-user are the major factors contributing to the increase in the market share of building management system companies. In the next few years, the market will witness an entry of several start-up companies.
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.
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Table of Content
1.1 Scope of Study
1.2 Maia Research: Research Report Guidance
2 Key Takeaways
3 Building Management System Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis
4 Building Management System Market-Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Building Management System Market-Global Analysis
5.1 Global Building Management System Market Overview
5.2 Global Building Management System Market Forecasts and Analysis (US$ Mn)
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions
6 Building Management System Market-Global Regulatory Scenario
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