Press release
Intelligent Building Management Systems Market expected to hit USD 49.56 billion by 2029: Competitive Landscape, Growth Hubs, New Market Opportunities, Trends and Market Share
Pune, 1, Feb, 2023: Intelligent Building Management Systems Market is computer based control system used for controlling and monitoring building's mechanical and electrical equipment. The market report on "Intelligent Building Management Systems Market" analysed by Maximize Market Research covers a detailed competitive and regional analysis of the market. The market is expected to grow from USD 14.39 billion in 2021 to USD 49.56 billion in 2029, at a CAGR of 16.71 percent for the forecast period from 2022 to 2029.Intelligent Building Management Systems Market Scope and Research Methodology
The report on Intelligent Building Management Systems Market provides deep insights into the major drivers, opportunities, market penetration, challenges and constraints to help clients take right decisions. The report provides thorough analysis of market at a national, regional and global level. Bottom-up approach is used to estimate the size of the Intelligent Building Management Systems market. The market report provides an in-depth analysis of the Intelligent Building Management System market's trends, predictions, and monetary values.
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Data is collected by both primary and secondary research methods. Data from interviews, surveys, questionnaires and opinion of business owners, market leaders is collected in primary research whereas information from paid databases, public records, industry journals and annual reports is collected in secondary research. Further, data is analysed by SWOT, PORTER's five force analysis and PESTLE analysis includes impact of political, social, environmental, technological, economical, and legal factors on the market. The Intelligent Building Management System market report provides key competitors and offers a 2022-2029 annual trend analysis of the market size and share for North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
Intelligent Building Management Systems Market Dynamics
Some of the important major factors such as security, safety, simple operations for users and administrators and increased mobility are expected to drive the Intelligent Building Management Systems market. Rising awareness for energy efficient and eco-friendly buildings, reduction in risk of employee theft, tampering or breakings are expected to fuel the market growth.
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The increasing energy consumption and expenses provide an opportunity to implement technologies and systems that create clean, optimized, automated energy, driving the Intelligent Building Management Systems market growth.
Intelligent Building Management Systems Market Regional Insights
Europe is accounted for largest market share in 2021. Countries such as UK, France and Germany dominate the market since growing demand of energy efficient products and smart services. The Europe region is expected to maintain its dominance throughout the forecast period due to increase in implementation of security systems and constant efforts from key vendors to make system more useful. Increased demand for smart connected devices and remote working model are driving the growth of the market in European region.
Intelligent Building Management Systems Market Segmentation
By Component: Hardware, Software, Services
By Product: Security Systems, Life Safety Systems, Facility Management Systems and Building Energy Management Systems
By Application: Residential, Commercial and Industrial
Intelligent Building Management Systems Market Key Players Include:
United Technologies Corporation, Honeywell International Inc., Schneider Electric SE, Siemens AG, Johnson Controls International Plc., Ingersoll-Rand Plc., ABB Group, Azbil Corporation, Eaton Corporation Plc., General Electric (GE) Co., Hubbell Inc., Advanced Control Corp., Allied Digital Services Ltd., Delta Electronics, Inc., Larsen & Toubro Limited, NG Bailey, Pacific Controls, Siemsatec Ltd.
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Table of Content for Intelligent Building Management Systems Market:
Intelligent Building Management Systems Market : Research Methodology
Intelligent Building Management Systems Market : Executive Summary
Market Overview and Definitions
Introduction to Intelligent Building Management Systems Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Intelligent Building Management Systems Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Intelligent Building Management Systems Market Segmentation
Intelligent Building Management Systems Market , by Component (2021-2029)
Intelligent Building Management Systems Market , by Product (2021-2029)
Intelligent Building Management Systems Market , by Application (2021-2029)
Regional Residential Roofing Market(2021-2029)
Regional Residential Roofing Market, by Component (2021-2029)
Regional Residential Roofing Market, by Product (2021-2029)
Regional Residential Roofing Market, by Application (2021-2029)
Regional Residential Roofing Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Market Share, Size & Forecast by Revenue | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Process, Vertical, Enterprise and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
Maximize Market Research is leading Information Technology & Telecommunication market research firm, has also published the following reports:
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Production Monitoring Market: Production Monitoring continues to gain popularity, seeing USD 4.36 billion in revenue through forecast period (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/production-monitoring-market/172835/
Infrastructure as a Service (IaaS) Market- Global Industry Analysis and Forecast (2022-2029) - Know more: https://www.maximizemarketresearch.com/market-report/global-infrastructure-as-a-service-iaas-market/44101/
Infrastructure Monitoring Market: Global Industry Analysis and Forecast (2022-2029) - Know more: https://www.maximizemarketresearch.com/market-report/global-infrastructure-monitoring-market/65445/
5G Infrastructure Market: Global Industry Analysis and Key Trends, Share, Forecast 2029- Know more: https://www.maximizemarketresearch.com/market-report/global-5g-infrastructure-market/15292/
Intelligent IT Infrastructure Solutions Market: Global Industry Analysis and Forecast (2022-2029) - Know more: https://www.maximizemarketresearch.com/market-report/global-intelligent-it-infrastructure-solutions-market/108776/
Contact Maximize Market Research:
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Pune, Maharashtra 411041, India
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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