openPR Logo
Press release

Global Building Management System Market Expected to Secure Notable Revenue Share During 2021-2027 | Schneider, Johnson Controls, Siemens, UTC, Honeywell

03-29-2021 03:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Building Management System Market

Building Management System Market

A building management system also known as BMS or a building automation system is a computer-based control system installed in buildings that monitors and controls the building's electrical and mechanical equipment such as lighting, ventilation, power systems, security systems, and fire systems. The primary function of BMS is to control the heating, HVAC, and ventilation systems. In terms of geography, the global building management system market is divided into six regions, such as North America, Europe, Asia Pacific, Middle East, Africa, and South America.

Get a Sample Copy + All Related Graphs & Charts: https://www.worldwidemarketreports.com/sample/594057

Drivers:

Rising demand for eco-friendly and energy-efficient building, easy building maintenance and operation, cost-effective benefits to commercial, industrial, and residential users, and integrated systems are expected to drive the global building management system market growth. For instance, in November 2017, Johnson Controls developed BCPro, an advanced building automation system. BCPro provides various facilities such as customization, illumination, and editing for the easy access for viewing of data. Moreover, this system provides powerful and simple tools for easy set-up, and allows building operations to quickly view and access data. Furthermore, rising integration of IoT with devices replacing unconnected system in building is expected to propel the global building management system market growth.

Restraints:

Lack of awareness about BMS, high operating cost, high implementation cost, and lack of skilled workers are expected to hinder the global building management system market growth.

Regional Insights:

Europe is expected to witness significant growth in the global building management system market due to government initiatives, cost-effective and eco-friendly BMS solutions, rising awareness, and presence of major players such as Schneider Electric, Johnson Controls International PLC, Ingersoll-Rand Plc., ABB, and Bosch GmbH. For instance, In November 2019, Johnson Control acquired EasyIO Building and Energy Management System, this acquisition allowed Johnson Control to expand its reach in building automation, HVAC, and refrigeration markets and in November 2020, Johnson Controls selected Ontotext's GraphDB for the New Version of Metasys Building Automation System.

Moreover, Asia Pacific is also expected to witness substantial growth in the market due to rising demand for building management system from countries such as Japan, China, and India.

Competitive Section:

Major players operating in the global building management system market are Schneider, Johnson Controls, Siemens, UTC, Honeywell, Trane, Beckhoff, Delta Controls, Azbil, ASI, Cylon, Technovator, Deos, Carel, and Airedale.

In May 2018, Honeywell International unveiled IQ Vision, a building energy management system which enables the building owners to optimize and manage the usage of energy.
In June 2018, Honeywell launched the Honeywell Vector Space, a software solution which shows when, where, and how building spaces are being used at any given point in time.

Following are significant Table of Content of Building Management System Market Report:

1. Industry Overview of Building Management System Market.
2. Assembling Cost Structure Analysis of Building Management System Market.
3. Specialized Data and Manufacturing Plants Analysis of Building Management System Market.
4. Capacity, Production, and Revenue Analysis.
5. Value, Cost, Gross and Gross Margin Analysis of Building Management System Market by Regions, Types, and Manufacturers.
6. Utilization Volume, Consumption Value, and Sale Price Analysis of Building Management System Market industry by Regions, Types, and Applications
7. Supply, Import, Export, and Consumption Analysis of Building Management System Market.
8. Significant Manufacturers Analysis of Building Management System Market industry.
9. Advertising Trader or Distributor Analysis of Building Management System Market.
10.Industry Chain Analysis of Building Management System Market.

Buy Now This Premium Report to Grow your Business (Single User License:US $2,800): https://www.worldwidemarketreports.com/buy/594057

Why Choose WMR Market Research?

Serving domestic and international clients 24/7
Prompt and efficient customer service
Data collected from reliable primary and secondary sources
Highly trained and experienced team of research analysts
Seamless delivery of tailor-made market research reports

Frequently Asked Questions

What are the key factors driving Building Management System Market expansion?
What will be the value of Building Management System Market during 2020- 2026?
Which region will make notable contributions towards global Building Management System Market revenue?
What are the key players leveraging Building Management System Market growth?

Contact Us:
Mr. Shah
Worldwide Market Reports
Seattle, WA 98154,
U.S.
Email: sales@worldwidemarketreports.com

About Us:

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Building Management System Market Expected to Secure Notable Revenue Share During 2021-2027 | Schneider, Johnson Controls, Siemens, UTC, Honeywell here

News-ID: 2263098 • Views:

More Releases from Worldwide Market Reports

Healthcare Self-Triage Tools Market 2024 Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031 |Buoy Health, Ada Health, HealthTap
Healthcare Self-Triage Tools Market 2024 Industry Analysis, Size, Share, Growth, …
The Healthcare Self-Triage Tools Market research report represents major insights on the current growth dynamics as well as the primary revenue generation elements that are available in the Healthcare Self-Triage Tools industry along with various other factors over the predicted period 2024-2031. The report on the Healthcare Self-Triage Tools market is focusing on a series of parameters including top manufacturing strategies, industry share, prime opportunities, industrial channels, profit margin, etc.
Non-Surgical Body Contouring Solutions Market Dynamic Growth Factors, and Outlook until 2031 |Cynosure, Candela, AbbVie, BTL Group of Companies
Non-Surgical Body Contouring Solutions Market Dynamic Growth Factors, and Outloo …
The Non-Surgical Body Contouring Solutions Market Trends Overview 2024-2031: A new Report by Worldwide Market Reports, titled "Non-Surgical Body Contouring Solutions Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031," offers a comprehensive analysis of the industry, which comprises insights on the Non-Surgical Body Contouring Solutions market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market. This report has a complete table of contents, figures,
Mine Fleet Tracking Solution Market Types and Applications, Drivers, Ongoing Trends, Future Demand, Challenges, Top Companies & Forecast 2024-2031 |Caterpillar Inc., Komatsu Ltd., Hexagon Mining
Mine Fleet Tracking Solution Market Types and Applications, Drivers, Ongoing Tre …
The Mine Fleet Tracking Solution Market research report represents major insights on the current growth dynamics as well as the primary revenue generation elements that are available in the Mine Fleet Tracking Solution industry along with various other factors over the predicted period 2024-2031. The report on the Mine Fleet Tracking Solution market is focusing on a series of parameters including top manufacturing strategies, industry share, prime opportunities, industrial channels,
Drug Inventory Tracking Market Company Share, Major Competitors, Regional Segments, Strategies, and Forecast until 2031 |AKCP, Ellab Group, Mocreo, Elitech
Drug Inventory Tracking Market Company Share, Major Competitors, Regional Segmen …
The Drug Inventory Tracking Market Trends Overview 2024-2031: A new Report by Worldwide Market Reports, titled "Drug Inventory Tracking Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031," offers a comprehensive analysis of the industry, which comprises insights on the Drug Inventory Tracking market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market. This report has a complete table of contents, figures, tables, and charts,

All 5 Releases


More Releases for Building

Global Building Automation & Control Systems (BACS) Market 2019 – ABB, Honeywe …
Global ABS Sensor Market report is a concise study which extensively covers all the market statistics of ABS Sensor Industry. All the business trends, product portfolio, business tactics, and ABS Sensor industry landscape view is explained. The comprehensive research methodology and verified data sources will lead to data accuracy, authenticity, and reliability. The statistical data and ABS Sensor industry verticals presented in this report will lead to informed decision making. The
Global Building Automation & Control Systems (BACS) Market 2019 – ABB, Honeywe …
Global Building Automation & Control Systems (BACS) Market report include current market scenario and offers a comprehensive analysis on Building Automation & Control Systems (BACS)industry, standing on the readers’ perspective, delivering detailed market data and understanding insights. It comprises inclusive important points that significantly affect the growth of the market at a global level. It analyzes present scenario along with future trends in the market. The report is made after
Top Players in Building Automation & Control System Market - Honeywell Building …
Building Automation & Control System Market Report has been prepared based on an in-depth market analysis with inputs from experts. Global Building Automation & Control System Market report 2018 covers the market landscape and its growth prospects over the coming years till 2025. Various factors affecting the forecasted trend in the Building Automation & Control System market are discussed in detail with analysis of the same. The global market report covers
Building Glass Market In United State: For End Users/Applications - Commercial B …
Researchmoz added Most up-to-date research on "Building Glass Market In United State: For End Users/Applications - Commercial Building, Public Building and Residential Building" to its huge collection of research reports. In this report, the United States Building Glass market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this
Global Seasand Market 2017 - Sand Building Materials, Arroy Building Materials, …
The ‘Global Seasand market 2017’ report is a comprehensive and professional document to deliver the market research data that is relevant for the newly established players in the market. The major leading industry players over the globe are focused in the report with the information including company profiles, specifications and product picture, market share, contact information and sales. The report has been built by a highly seasoned analyst team and
BUILDING SYSTEMS INTEGRATION AND BUILDING INTREGRATED SOLAR SYSTEMS
Optimizing energy performance in buildings requires an integrated approach to building systems design, analysis and implementation. Building-integrated Solar Systems (BISS) is an increasingly popular approach for using the building skin as a means to harvest solar energy. More recent techniques involve systems of lighting, lighting controls, sensors and shading devices all integrated with the building skin, and in turn integrated with the building HVAC systems. Such design strategies can reduce heat