openPR Logo
Press release

Intelligent Building Management Systems Market Industry Analysis, Trend and Growth, 2016 - 2024

Intelligent Building Management Systems Market Industry

Intelligent Building Management Systems Market: Overview

Intelligent building management systems (IBMS) are used to manage the technology involved in modern buildings. Building management systems are further developed with the help of Internet and related IT infrastructure to create IBMS. All the management systems installed in a building are integrated in the IBMS with help of Internet protocol (IP) network. It helps in reducing the energy consumption rate and carbon footprint for the building. Automation helps in maintaining the sound infrastructure of the buildings and comply with the rules and regulations developed by government for building security. Operating costs are reduced with the help of IBMS as all the tasks related to maintenance are performed as per the schedule without any need of inspection.

View TOC for this Market Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=11609

Intelligent Building Management Systems Market: Key Drivers

Rapidly increasing construction sector is the main driver of the IBMS market. With the growing population, requirements for sound infrastructure are also rising. Also, buildings constructed nowadays are incorporating technology to improve the lifestyle of society. This rising adoption of technology in the buildings has increased the demand for IBMS. As new and innovative management solutions are being deployed in the buildings to manage technical applications. A single front-end interface is provided in the IBMS through which all the subsystems are managed.

It helps in increasing the efficiency of the whole building by reducing the errors and failures. Further, rules and regulations related to building safety has increased the demand for IBMS. All the buildings must comply with the safety standards established by the government. IBMS has different modules to deal with situations such as fire and flood. With the help of alarm systems residents are informed about the situation so that they can take evasive actions to protect themselves.

Moreover, changing customer mindset helps to boost the awareness about innovative technological solutions related to building management. Consumers are aware about the latest developments related to building safety and are demanding for it. Power-line communications provide tremendous growth opportunities for the IBMS market. It assists power-line communication technology by improving the low speed and high speed networking operations. However, lack of awareness about the IBMS and incompatibility of devices involved in the IBMS with the present systems are restraining the growth of IBMS market.

Intelligent Building Management Systems Market: Segmentation

The IBMS market is segmented on the basis of product and application. On the basis of product the IBMS market is divided into the following segments: Communication protocols, general lighting controls, security and access controls, standards and data distribution, heating ventilation and air conditioning (HVAC) controls, outdoor controls, and entertainment controls. Furthermore, the applications using IBMS include hospitality, life science, energy and infrastructure, residential and retail, educational centers, religious centers, manufacturing buildings, and office space. Moreover, on the basis of geography, the global IBMS market is segmented into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa.

For more information on this report, fill the form @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11609

Intelligent Building Management Systems Market: Key Players

Major players in the IBMS market include Singapore Technologies Electronics Limited, Allied Digital Services limited, NG Bailey Group, Schneider Electric SE, Delta Electronics, Inc., Siemsatec Ltd., Pacific Control Systems, Larsen & Toubro Limited, T-Systems International GmbH and Advanced Control Corporation.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Intelligent Building Management Systems Market Industry Analysis, Trend and Growth, 2016 - 2024 here

News-ID: 733883 • Views: 166

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases


More Releases for IBMS

Global Intelligent Building Management Systems (IBMS) Market Analysis Revealing …
Looking at the current trends across the Intelligent Building Management Systems (IBMS) market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Intelligent Building Management Systems (IBMS) Market Size, Status and Forecast 2019-2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players
India Intelligent Building Management Systems (IBMS) Market-: Key Players and Pr …
The intelligent building management systems (IBMS) market in India is primed to progress by leaps and bounds, finds a recent research report by Transparency Market Research. The report states that key players in the market of the likes of Control4 Corporation, Legrand Pvt. Ltd., and Crestron Electronics India Private Limited are pulling out all stops to maintain their positions. To that end they are seen upping spends on product innovation
Global and Chinese Intelligent Building Management Systems (IBMS) Industry, Dema …
Summary:-  (Building Management Systems) The 'Global and Chinese Intelligent Building Management Systems (IBMS) Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Intelligent Building Management Systems (IBMS) industry with a focus on the Chinese market. The report provides key statistics on the market status of the Intelligent Building Management Systems (IBMS) manufacturers and is a valuable source of guidance and direction for
Intelligent Building Management Systems (IBMS): Market to Witness Comprehensive …
Intelligent Building Management Systems (IBMS) Market Analysis to 2025 is a specialized and in-depth study of the Intelligent Building Management Systems (IBMS) industry with a focus on the global market trend. The report aims to provide an overview of global Intelligent Building Management Systems (IBMS) market with detailed market segmentation by product/application and geography. The global Intelligent Building Management Systems (IBMS) market is expected to witness high growth during the
India Ibms Market to Reflect a Modest CAGR of 28.10% between 2015 and 2021
The India intelligent building management systems (IBMS) market has been foretold to testify leading companies focusing on gaining a stronghold in the industry and improving product efficiencies. Transparency Market Research (TMR) authoring a research publication on the market has touched on the existence of key firms such as Legrand Pvt. Ltd., Control4 Corporation, and Crestron Electronics India Private Limited. Vital objectives of these players have been foreseen to be accomplished
Global Intelligent Building Management Systems (IBMS) Market Size, Status and Fo …
Report Hive Market Research Released a New Research Report of 108 pages on Title "Global Intelligent Building Management Systems (IBMS) Market Size, Status and Forecast 2022" with detailed Analysis, Forecast and Strategies. This report studies the global Intelligent Building Management Systems (IBMS) market, analyzes and researches the Intelligent Building Management Systems (IBMS) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on