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Building Management System Market

14 Apr

Sample

Building Management System Market Poised to Grow at a CAGR of 14.1% by 2024

  • By admin

  • August, 2018

Infinium Global Research has added a new report on Building Management System Market. The report presents analysis of global as well as regional markets of building management system market over the period of 2016 to 2024. The building management system is significantly used in the industrial, commercial and residential building owing to its energy efficiency, cost effective, high Comfort and several others benefits. The factor driving the growth of BMS market is the energy and cost effective solutions offered by building management system market especially in the commercial industries. In addition, the demand of energy efficient and ecofriendly building is rising vary rapidly across the world that is likely to escalate the growth of Building management system market. However, the installation cost of building management system is high that may restrain the growth of building management system market.

 

Moreover, the trending integration of internet of things (IoT) with the various system and the Integration of Analytics in building management are projected to create the several opportunities in the building management system market in upcoming years. In addition, growing demand of building management system across various emerging regions is expected to contributing in the growth of BMS market over the forecast period.

 

Geographically, Europe holds the maximum share in the building management system market and is expected to remain the largest region over the period of 2018 to 2024. The various government agencies are taking initiative in the adoption of building management system as they offer energy and cost effective solution. Moreover, rising awareness about energy efficient and ecofriendly services drives the growth of building management system market in this region. Furthermore, the Asia Pacific is the fastest growing region in the building management system market. The rapidly growing demand of building management system from the growing countries like china and India are likely to boost the market growth in the Asia pacific region

 

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global building management system market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global building management system market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1507

 

The recent report identified that Europe dominated the global building management system market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the building management system market worldwide.

 

The report segments the global building management system market on the basis of Component and Application.

 

Global Building Management System Market by Component

·         Hardware

·         Software

·         Service Type

 

Global Building Management System Market by Application

·         Residential

·         Commercial

·         Industrial

 

Companies Profiled in the Report

·         Honeywell International Inc.

·         Johnson Controls International PLC

·         Schneider Electric SE

·         Siemens AG

·         IBM Corporation

·         United Technologies Corp.

·         Delta Controls

·         Ingersoll-Rand Plc

 

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