Market Overview:
The global BMS market is expected to grow from USD 9.8 billion in 2018 to USD 21.5 billion by 2030, at a CAGR of 10.9% from 2018 to 2030. The growth of the global BMS market is attributed to the increasing demand for energy-efficient buildings, growing awareness about safety and security, and rising concerns about greenhouse gas emissions. The commercial segment is expected to hold the largest share of the global BMS market in 2018. This segment is projected to grow at a CAGR of 11% during the forecast period.
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Product Definition:
A BMS is a computer-based system that controls the heating, cooling, ventilation, and lighting in a building. It can also be used to manage other systems such as security and access control, elevators, and energy consumption.
Facility Management:
Introduction of new technologies and trends in the building automation market is expected to drive growth over the forecast period. The introduction of cloud computing along with wireless technology has enabled easy communication between sensors and actuators, which is expected to fuel facility management demand.
Increasing government regulations for energy conservation are also anticipated to positively impact industry growth over the next six years.
Security Management:
Security management is the set of processes and techniques for protecting an asset from any threat. It comprises of four phases such as risk assessment, detection, response & recovery. In case of a security breach or attack on the asset it helps in monitoring & controlling access to ensure safety and security. The BMS plays a vital role in managing building services such as electricity, lighting etc.
Application Insights:
The commercial segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The growing number of hospitals, hotels, shopping malls, and other complexes that require constant monitoring for energy consumption and water usage is driving the demand for BMSs in this segment. Furthermore, with rising concerns regarding safety issues such as fire protection & prevention along with system downtime at a commercial place; these systems are becoming increasingly popular among owners of such places.
The residential application segment accounted for a share of 28% in 2017 owing to increasing government initiatives on improving infrastructure coupled with rising living standards across various regions globally. For instance, Germany¢â‚¬â„¢s Ministry of Transport and Digital Infrastructure has announced plans to invest around USD 3 billion annually from 2019 to 2026 on modernizing its aging electrical grid so as to increase security against power outages by 60%.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government initiatives and spending on infrastructure development in countries such as China, India, and Japan. For instance, in 2015, China’s Ministry of Industry & Information Technology (MIIT) released a white paper that detailed guidelines for “Industry 4.0†which includes building automation systems across various industries including manufacturing, energy management etc.
Europe accounted for more than 25% of global revenue share in 2017 owing to early adoption of technologies across several sectors such as healthcare.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global market for BMS is expected to grow at a CAGR of over 9% from 2016 to 2024. This growth can be attributed to the increasing demand for energy-efficient buildings, as BMS helps in optimizing the use of resources such as water, electricity, and heating/cooling systems.
- Growing popularity of IoT: The growing popularity of IoT is another major factor driving the growth of the global BMS market. With the help of IoT, businesses are able to connect various devices and sensors within a building and manage them centrally using BMS software. This allows businesses to reduce wastage and optimize their operations in real time.
- Rising concerns over security & safety: The increasing concerns over security & safety are also fueling the growth of the global BMS market as these systems offer enhanced security features that help protect against intrusions and accidents/fires inside buildings.
Scope Of The Report
Report Attributes
Report Details
Report Title
BMS(Building Management System) Market Research Report
By Type
Facility Management, Security Management, Energy Management, Emergency Management, Infrastructure Management
By Application
Residential, Commercial, Industrial
By Companies
Control4, Honeywell, Johnson control, Schneider Electric, Siemens, Legrand, Lutron Electronics, Johnson Controls, United Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global BMS(Building Management System) Market Report Segments:
The global BMS(Building Management System) market is segmented on the basis of:
Types
Facility Management, Security Management, Energy Management, Emergency Management, Infrastructure Management
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Control4
- Honeywell
- Johnson control
- Schneider Electric
- Siemens
- Legrand
- Lutron Electronics
- Johnson Controls
- United Technologies
 Market Overview.svg)
Highlights of The BMS(Building Management System) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Facility Management
- Security Management
- Energy Management
- Emergency Management
- Infrastructure Management
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the BMS(Building Management System) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A building management system (BMS) is a computerized system that manages the physical aspects of buildings, such as energy use, security, and maintenance. It can also manage occupant flows and communication within the building.
Some of the major players in the bms(building management system) market are Control4, Honeywell, Johnson control, Schneider Electric, Siemens, Legrand, Lutron Electronics, Johnson Controls, United Technologies.
The bms(building management system) market is expected to register a CAGR of 10.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 BMS(Building Management System) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 BMS(Building Management System) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 BMS(Building Management System) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the BMS(Building Management System) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global BMS(Building Management System) Market Size & Forecast, 2018-2028
4.5.1 BMS(Building Management System) Market Size and Y-o-Y Growth
4.5.2 BMS(Building Management System) Market Absolute $ Opportunity
Chapter 5 Global BMS(Building Management System) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 BMS(Building Management System) Market Size Forecast by Type
5.2.1 Facility Management
5.2.2 Security Management
5.2.3 Energy Management
5.2.4 Emergency Management
5.2.5 Infrastructure Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global BMS(Building Management System) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 BMS(Building Management System) Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global BMS(Building Management System) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 BMS(Building Management System) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America BMS(Building Management System) Analysis and Forecast
9.1 Introduction
9.2 North America BMS(Building Management System) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America BMS(Building Management System) Market Size Forecast by Type
9.6.1 Facility Management
9.6.2 Security Management
9.6.3 Energy Management
9.6.4 Emergency Management
9.6.5 Infrastructure Management
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America BMS(Building Management System) Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe BMS(Building Management System) Analysis and Forecast
10.1 Introduction
10.2 Europe BMS(Building Management System) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe BMS(Building Management System) Market Size Forecast by Type
10.6.1 Facility Management
10.6.2 Security Management
10.6.3 Energy Management
10.6.4 Emergency Management
10.6.5 Infrastructure Management
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe BMS(Building Management System) Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific BMS(Building Management System) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific BMS(Building Management System) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific BMS(Building Management System) Market Size Forecast by Type
11.6.1 Facility Management
11.6.2 Security Management
11.6.3 Energy Management
11.6.4 Emergency Management
11.6.5 Infrastructure Management
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific BMS(Building Management System) Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America BMS(Building Management System) Analysis and Forecast
12.1 Introduction
12.2 Latin America BMS(Building Management System) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America BMS(Building Management System) Market Size Forecast by Type
12.6.1 Facility Management
12.6.2 Security Management
12.6.3 Energy Management
12.6.4 Emergency Management
12.6.5 Infrastructure Management
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America BMS(Building Management System) Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) BMS(Building Management System) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) BMS(Building Management System) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) BMS(Building Management System) Market Size Forecast by Type
13.6.1 Facility Management
13.6.2 Security Management
13.6.3 Energy Management
13.6.4 Emergency Management
13.6.5 Infrastructure Management
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) BMS(Building Management System) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 BMS(Building Management System) Market: Competitive Dashboard
14.2 Global BMS(Building Management System) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Control4
14.3.2 Honeywell
14.3.3 Johnson control
14.3.4 Schneider Electric
14.3.5 Siemens
14.3.6 Legrand
14.3.7 Lutron Electronics
14.3.8 Johnson Controls
14.3.9 United Technologies
