Global building management system market 2026 Observational Studies with Key Vendors like Honeywell, Johnson Controls, Schneider Electric, Siemens, United Technologies, Delta
Data
Bridge Market Research has recently added a concise research on Global building management system market
to depict valuable insights related to significant market trends driving the
industry. The report features analysis based on key opportunities and
challenges confronted by market leaders while highlighting their competitive
setting and corporate strategies for the estimated timeline. Some are the key
& emerging players that are part of coverage and have being profiled are Honeywell
International Inc, Johnson Controls, Schneider Electric, Siemens, United
Technologies, ABB, Azbil Corporation, Delta Controls,
Definition:
Building Management Systems (BMS) are software-based
building control systems that track and control the building's mechanical and
electrical devices including fire system, security system, lighting, power
system, and ventilation. Management systems for building are composed of
software and hardware. The tendency of these systems is surging preference for
eco-friendly, energy efficient, and demand for automation for security system
in buildings.
Analysis of Global building
management system market report:
Global building management system market is expected to register a healthy CAGR of 17.10%
in the forecast period of 2019-2026. The report contains data from the base
year of 2018 and the historic year of 2017. The rise in the market value can be
attributed to surging preference for energy-efficient and eco-friendly
buildings and cost benefits to commercial, residential, and industrial users.
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Market Drivers:
·
Surging preference for eco-friendly and
energy-efficient buildings, is driving the market growth
·
Cost benefits to commercial, residential, and
industrial users, is helping the market to grow
·
Reduction in building maintenance and operation,
is flourishing the market growth
·
Surging IOT in building automation system,
drives the market growth
Market Restraints:
·
Lack of skilled professionals, hinders the
market growth
·
High initial and installation costs, hampers the
market growth
Top Manufacturers Profiles Operating
in the Global building management system market:
Few of the major competitors currently working in the global
building management system market are Honeywell
International Inc, Johnson Controls, Schneider Electric, Siemens, United
Technologies, ABB, Azbil Corporation, Delta Controls, LARSEN & TOUBRO
LIMITED, Mitsubishi Electric Corporation, Robert Bosch GmbH, Singapore
Technologies Engineering Ltd, DEXMA SENSORS, S.L., Eagle Technology, Legrand,
Lutron Electronics Co., Inc, Technovator International Limited, Airedale Air
Conditioning, BuildingIQ, ACUITY BRANDS LIGHTING, INC, GridPoint among others.
Global building management system
market Segmentation:
By Software
·
Facility Management
·
Security Management
·
Energy Management
·
Emergency Management
·
Infrastructure Management
By Service Type
·
Professional Services
·
Managed Services
By Application
·
Residential
o
Commercial
o
Office Buildings
o
Retail and Public Buildings
o
Educational Institutes
o
Hospitals and Healthcare Facilities
o
Airports and Railways
o
Others
·
Industrial
Component
·
Hardware
·
Software
By Geography
·
North America
·
South America
·
Europe
·
Asia Pacific
·
Middle-east and africa
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Global building management
system market Landscape
·
Market Ecosystem
·
Market Characteristics
·
Market Segmentation Analysis
Part 05: Market Sizing
·
Market Definition
·
Market Sizing 2019
·
Market Size And Forecast 2019-2026
Part 06: Customer Landscape
Part 07: Global building management
system market Regional Landscape
·
Geographical Segmentation
·
Regional Comparison
·
Americas – Market Size And Forecast 2019-2026
·
EMEA – Market Size And Forecast 2019-2026
·
APAC – Market Size And Forecast 2019-2026
Part 08: Decision Framework
Part 09: Drivers And Challenges
·
Market Drivers
·
Market Challenges
Part 10: Global building management
system market Trends
Part 11: Vendor Landscape
·
Overview
·
Landscape Disruption
·
Vendors Covered
·
Vendor Classification
·
Market Positioning Of Vendors
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Competitive Landscape:
Global
building management system market is highly fragmented and the major
players have used various strategies such as new product launches, expansions,
agreements, joint ventures, partnerships, acquisitions, and others to increase
their footprints in this market. The report includes market shares of building
management system market for global, Europe, North America, Asia-Pacific, South
America and Middle East & Africa.
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