Market Overview:
The global intelligent building management systems (IBMS) market is expected to grow from USD 9.02 billion in 2018 to USD 21.01 billion by 2030, at a CAGR of 10.8% from 2018 to 2030. The growth of the IBMS market can be attributed to the increasing demand for energy-efficient buildings and rising concerns about security and safety in buildings. The communication protocols segment is expected to hold the largest share of the global IBMS market in 2018, owing to the growing demand for smart buildings and rising concerns about security and safety in buildings.
Product Definition:
An IBMS is a system that oversees all aspects of a building's operations, including security, HVAC, lighting, and energy usage. The goal of an IBMS is to optimize building performance and reduce energy consumption.
Communication protocols:
Protocols are the set of rules and guidelines which are used for communication between two systems. In case of IBMS, there are different protocols used for communication between building management system and security system or lighting control system etc. The protocols allow two systems to communicate with each other without any errors. There can be many different types of protocols but they all have one common feature that allows two systems to communicate with each other.
Communication Protocols, it's usage.
General lighting controls:
The global General lighting controls and it's usage in Intelligent Building Management Systems (IBMS) market size was valued at USD 6.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for energy-efficient solutions, coupled with rising concerns regarding high energy consumption, has led to an increased focus on controlling the general lighting levels using IBMS systems globally.
Germany General lighting controls.
Application Insights:
The energy and infrastructure segment dominated the global Intelligent Building Management Systems (IBMS) market in 2017, accounting for over 24.0% share of the overall revenue. The growth can be attributed to increasing investments in renewable energy generation and storage projects across various countries, including China, Germany, India, Japan among others.
Hospitality is expected to emerge as one of the fastest-growing segments over the forecast period owing to rising demand from commercial buildings such as hotels and resorts for smart lighting controls that can enhance customer experience while providing enhanced safety & security at same time.
Regional Analysis:
The North American region dominated the global intelligent building management systems market in 2016. The growth can be attributed to various factors such as increasing adoption of smart grid technology, growing penetration of internet-enabled devices, and rising demand for energy efficiency. Moreover, presence of key players in this region is also expected to contribute towards the growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing government initiatives on infrastructure development and urbanization across countries such as China and India. In addition, rapid industrialization has led governments across countries such as China and India for adopting strict regulations regarding energy consumption patterns in commercial buildings which will further drive regional market growth during the forecast period from 2017 to 2030 (see figure below).
Growth Factors:
- Increasing demand for energy-efficient buildings: The global market for IBMS is expected to grow at a CAGR of over 9% from 2016 to 2024. This can be attributed to the increasing demand for energy-efficient buildings, as they help reduce greenhouse gas emissions and save on energy costs.
- Proliferation of smart devices and the Internet of Things (IoT): With the proliferation of smart devices and the IoT, there is an increased need for systems that can manage these devices effectively. IBMS offer this capability, making them a key component of smart cities and homes.
- Growing awareness about building automation: There is growing awareness about building automation among commercial and residential property owners alike. This has led to an increase in demand for IBMS, as they offer a more efficient way to manage buildings than traditional methods such as manual control or standalone Building Automation Systems (BAS).
- owing largelyto rapid urbanizationandthe growthof theeastem economies .This will create opportunitiesforIBMSvendorsintheglobalmarketduringtheforecastperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Building Management Systems (IBMS) Market Research Report
By Type
Communication protocols, General lighting controls, Security and access controls, Standards and data distribution, Heating ventilation and air conditioning (HVAC) controls, Outdoor controls, Entertainment controls
By Application
Hospitality, Residential, Life science, Energy and infrastructure, Others
By Companies
Schneider Electric, Pacific Control Systems, Larsen & Toubro, Singapore Technologies Electronics, Allied Digital Services, NG Bailey, Delta Electronics, Siemsatec, T-Systems International, Advanced Control
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Building Management Systems (IBMS) Market Report Segments:
The global Intelligent Building Management Systems (IBMS) market is segmented on the basis of:
Types
Communication protocols, General lighting controls, Security and access controls, Standards and data distribution, Heating ventilation and air conditioning (HVAC) controls, Outdoor controls, Entertainment controls
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
Hospitality, Residential, Life science, Energy and infrastructure, Others
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:
- Schneider Electric
- Pacific Control Systems
- Larsen & Toubro
- Singapore Technologies Electronics
- Allied Digital Services
- NG Bailey
- Delta Electronics
- Siemsatec
- T-Systems International
- Advanced Control
Highlights of The Intelligent Building Management Systems (IBMS) 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:
- Communication protocols
- General lighting controls
- Security and access controls
- Standards and data distribution
- Heating ventilation and air conditioning (HVAC) controls
- Outdoor controls
- Entertainment controls
- By Application:
- Hospitality
- Residential
- Life science
- Energy and infrastructure
- Others
- 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 Intelligent Building Management Systems (IBMS) 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.
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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?
IBMS is a software system that manages buildings and their occupants. It includes features to optimize energy use, manage security, and monitor environmental conditions.
Some of the key players operating in the intelligent building management systems (ibms) market are Schneider Electric, Pacific Control Systems, Larsen & Toubro, Singapore Technologies Electronics, Allied Digital Services, NG Bailey, Delta Electronics, Siemsatec, T-Systems International, Advanced Control.
The intelligent building management systems (ibms) market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) Market Size & Forecast, 2018-2028 4.5.1 Intelligent Building Management Systems (IBMS) Market Size and Y-o-Y Growth 4.5.2 Intelligent Building Management Systems (IBMS) Market Absolute $ Opportunity
Chapter 5 Global Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Type
5.2.1 Communication protocols
5.2.2 General lighting controls
5.2.3 Security and access controls
5.2.4 Standards and data distribution
5.2.5 Heating ventilation and air conditioning (HVAC) controls
5.2.6 Outdoor controls
5.2.7 Entertainment controls
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Applications
6.2.1 Hospitality
6.2.2 Residential
6.2.3 Life science
6.2.4 Energy and infrastructure
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) Analysis and Forecast
9.1 Introduction
9.2 North America Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Type
9.6.1 Communication protocols
9.6.2 General lighting controls
9.6.3 Security and access controls
9.6.4 Standards and data distribution
9.6.5 Heating ventilation and air conditioning (HVAC) controls
9.6.6 Outdoor controls
9.6.7 Entertainment controls
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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Applications
9.10.1 Hospitality
9.10.2 Residential
9.10.3 Life science
9.10.4 Energy and infrastructure
9.10.5 Others
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 Intelligent Building Management Systems (IBMS) Analysis and Forecast
10.1 Introduction
10.2 Europe Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Type
10.6.1 Communication protocols
10.6.2 General lighting controls
10.6.3 Security and access controls
10.6.4 Standards and data distribution
10.6.5 Heating ventilation and air conditioning (HVAC) controls
10.6.6 Outdoor controls
10.6.7 Entertainment controls
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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Applications
10.10.1 Hospitality
10.10.2 Residential
10.10.3 Life science
10.10.4 Energy and infrastructure
10.10.5 Others
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 Intelligent Building Management Systems (IBMS) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Type
11.6.1 Communication protocols
11.6.2 General lighting controls
11.6.3 Security and access controls
11.6.4 Standards and data distribution
11.6.5 Heating ventilation and air conditioning (HVAC) controls
11.6.6 Outdoor controls
11.6.7 Entertainment controls
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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Applications
11.10.1 Hospitality
11.10.2 Residential
11.10.3 Life science
11.10.4 Energy and infrastructure
11.10.5 Others
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 Intelligent Building Management Systems (IBMS) Analysis and Forecast
12.1 Introduction
12.2 Latin America Intelligent Building Management Systems (IBMS) 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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Type
12.6.1 Communication protocols
12.6.2 General lighting controls
12.6.3 Security and access controls
12.6.4 Standards and data distribution
12.6.5 Heating ventilation and air conditioning (HVAC) controls
12.6.6 Outdoor controls
12.6.7 Entertainment controls
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 Intelligent Building Management Systems (IBMS) Market Size Forecast by Applications
12.10.1 Hospitality
12.10.2 Residential
12.10.3 Life science
12.10.4 Energy and infrastructure
12.10.5 Others
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) Intelligent Building Management Systems (IBMS) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intelligent Building Management Systems (IBMS) 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) Intelligent Building Management Systems (IBMS) Market Size Forecast by Type
13.6.1 Communication protocols
13.6.2 General lighting controls
13.6.3 Security and access controls
13.6.4 Standards and data distribution
13.6.5 Heating ventilation and air conditioning (HVAC) controls
13.6.6 Outdoor controls
13.6.7 Entertainment controls
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) Intelligent Building Management Systems (IBMS) Market Size Forecast by Applications
13.10.1 Hospitality
13.10.2 Residential
13.10.3 Life science
13.10.4 Energy and infrastructure
13.10.5 Others
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 Intelligent Building Management Systems (IBMS) Market: Competitive Dashboard
14.2 Global Intelligent Building Management Systems (IBMS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 Pacific Control Systems
14.3.3 Larsen & Toubro
14.3.4 Singapore Technologies Electronics
14.3.5 Allied Digital Services
14.3.6 NG Bailey
14.3.7 Delta Electronics
14.3.8 Siemsatec
14.3.9 T-Systems International
14.3.10 Advanced Control