The global building management system market is expected to reach USD 200,517,985.93 thousand by 2031 from USD 88,841,536.28 thousand in 2023, growing at a CAGR of 11.4% during the forecast period of 2024 to 2031.
Market Segmentation
Global Building Management System Market, By System Type (Facility Management Systems (FMS), Security and Access Control Systems, Energy Management Systems, Building Management Software (BMS), Fire Protection Systems, and Others), Technology (Wireless Technologies and Wired Technologies), Application (Residential, Commercial, and Industrial), Country (Germany, France, U.K., Italy, Turkey, Spain, Netherlands, Russia, Belgium, Switzerland, rest of Europe, U.S., Canada, Mexico, China, Japan, South Korea, India, Australia, Singapore, Malaysia, Thailand, Philippines, Indonesia, rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Israel, Egypt, rest of Middle East and Africa, Brazil, Argentina, and rest of South America) - Industry Trends and Forecast to 2031.
Overview of Global Building Management System Market Dynamics
- Driver
- Growing demand for organic food
- Restraint
- Complex light spectrum requirements
- Opportunity
- Expansion of home gardening market and DIY
Market Players
Some of the major players operating in the global building management system market are:
- Johnson Controls
- Schneider Electric
- Siemens
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Honeywell International Inc.
- Trane Technologies plc,
- IBM
- Convergint Technologies LLC
- Veolia
- Delta Controls
- ACUITY BRANDS, INC.
- Snap One, LLC
- Virtusa Corp.
- Crestron Electronics, Inc.
- Beckhoff Automation
- Bajaj Electricals Ltd
- GridPoint
- UNIPOWER LLC
- Novius Services.
- Elipse Software
- BuildingIQ
- Axonator Inc
TABLE OF CONTENTS
1 INTRODUCTION 75
- 1.1 OBJECTIVES OF THE STUDY 75
- 1.2 MARKET DEFINITION 75
- 1.3 OVERVIEW OF GLOBAL BUILDING MANAGEMENT SYSTEM MARKET 75
- 1.4 LIMITATION 77
- 1.5 MARKETS COVERED 77
2 MARKET SEGMENTATION 82
- 2.1 MARKETS COVERED 82
- 2.2 GEOGRAPHICAL SCOPE 83
- 2.3 YEARS CONSIDERED FOR THE STUDY 84
- 2.4 CURRENCY AND PRICING 84
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 85
- 2.6 MULTIVARIATE MODELING 88
- 2.7 SYSTEM TYPE TIMELINE CURVE 89
- 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 90
- 2.9 DBMR MARKET POSITION GRID 91
- 2.10 MARKET APPLICATION COVERAGE GRID 92
- 2.11 VENDOR SHARE ANALYSIS 93
- 2.12 SECONDARY SOURCES 94
- 2.13 ASSUMPTIONS 95
3 EXECUTIVE SUMMARY 96
4 PREMIUM INSIGHTS 99
5 MARKET OVERVIEW 101
- 5.1 DRIVERS 103
- 5.1.1 UPSURGE IN THE FOCUS FOR DESIGNING ENERGY-EFFICIENT AND ECO-FRIENDLY BUILDINGS 103
- 5.1.2 RISING ADOPTION OF AUTOMATED SECURITY SYSTEMS IN COMMERCIAL BUILDINGS 104
- 5.1.3 GROWING POPULARITY OF IOT BUILDING MANAGEMENT SYSTEMS 105
- 5.1.4 INCREASING DEMAND FOR WIRELESS SENSOR NETWORK TECHNOLOGY 106
- 5.2 RESTRAINTS 108
- 5.2.1 EMERGENCE OF SECURITY ISSUES IN BUILDING MANAGEMENT SYSTEMS 108
- 5.2.2 HIGH MAINTENANCE COST OF BUILDING MANAGEMENT SYSTEMS 109
- 5.3 OPPORTUNITIES 110
- 5.3.1 FAVORABLE GOVERNMENT INITIATIVES AND INCENTIVES FOR EMERGING SMART CITIES 110
- 5.3.2 SHIFTING CONSUMER'S PREFERENCE TOWARDS HVAC (HEATING, VENTILATION, AND AIR CONDITIONING) CONTROL SYSTEMS 111
- 5.3.3 INCREASING COLLABORATION AND PARTNERSHIPS FOR BUILDING MANAGEMENT SYSTEM 112
- 5.4 CHALLENGES 113
- 5.4.1 INVOLVEMENT OF VARIOUS LENGTHY COMMUNICATION PROTOCOLS DURING INSTALLATION PROCEDURE 113
- 5.4.2 FALSE NOTION ABOUT HIGH INSTALLATION COSTS OF BUILDING MANAGEMENT SYSTEMS 114
6 GLOBAL BUILDING MANAGEMENT SYSTEM MARKET, BY SYSTEM TYPE 116
- 6.1 OVERVIEW 117
- 6.2 FACILITY MANAGEMENT SYSTEMS (FMS) 118
- 6.2.1 FACILITY MANAGEMENT SYSTEMS(FMS), BY TYPE 119
- 6.2.1.1 HVAC CONTROL SYSTEMS 119
- 6.2.1.1.1 HVAC CONTROL SYSTEMS BY TYPE 119
- 6.2.1.1.1.1 SENSORS 119
- 6.2.1.1.1.2 ACTUATORS 120
- 6.2.1.1.1.2.1 ACTUATORS BY TYPE 120
- 6.2.1.1.1.2.1.1 ELECTRIC 120
- 6.2.1.1.1.2.1.2 HYDRAULIC 120
- 6.2.1.1.1.2.1.3 PNEUMATIC 120
- 6.2.1.1.1.3 CONTROL VALVES 120
- 6.2.1.1.1.4 HEATING AND COOLING COILS 121
- 6.2.1.1.1.5 SMART THERMOSTATS 121
- 6.2.1.1.1.6 PUMPS AND FANS 121
- 6.2.1.1.1.7 DAMPERS 121
- 6.2.1.1.1.7.1 DAMPERS BY TYPE 121
- 6.2.1.1.1.7.1.1 PARALLEL AND OPPOSED BLADE DAMPERS 121
- 6.2.1.1.1.7.1.2 LOW-LEAKAGE DAMPERS 122
- 6.2.1.1.1.7.1.3 ROUND DAMPERS 122
- 6.2.1.1.1.8 OTHERS 122
- 6.2.1.2 SMART DEVICES 122
- 6.2.1.2.1 SMART DEVICES BY TYPE 122
- 6.2.1.2.1.1 SMART APPLIANCES 122
- 6.2.1.2.1.2 ENVIRONMENT AND AIR QUALITY MONITORING SYSTEMS 123
- 6.2.1.2.1.3 SMART METER 123
- 6.2.1.3 LIGHTING CONTROL SYSTEMS 123
- 6.2.1.3.1 LIGHTING CONTROL SYSTEMS BY TYPE 123
- 6.2.1.3.1.1 HARDWARE 123
- 6.2.1.3.1.1.1 HARDWARE BY TYPE 124
- 6.2.1.3.1.1.1.1 RECEIVERS 124
- 6.2.1.3.1.1.1.2 ACTUATORS 124
- 6.2.1.3.1.1.1.3 TRANSMITTERS 124
- 6.2.1.3.1.1.1.4 SENSORS 124
- 6.2.1.3.1.1.1.5 TIMERS 125
- 6.2.1.3.1.1.1.6 RELAY 125
- 6.2.1.3.1.2 SOFTWARE 125
- 6.2.1.3.1.3 SERVICES 125
- 6.2.1.3.1.3.1 SERVICES BY TYPE 125
- 6.2.1.3.1.3.1.1 INSTALLATION 125
- 6.2.1.3.1.3.1.2 SUPPORT AND MAINTENANCE 125
- 6.3 SECURITY AND ACCESS CONTROL SYSTEMS 126
- 6.3.1 SECURITY AND ACCESS CONTROL SYSTEMS BY SYSTEMS TYPE 126
- 6.3.1.1 BIOMETRIC SYSTEMS AND ACCESS CONTROL SYSTEMS 126
- 6.3.1.1.1 BIOMETRIC SYSTEMS AND ACCESS CONTROL SYSTEMS BY SYSTEM 127
- 6.3.1.1.1.1 HARDWARE 127
- 6.3.1.1.1.1.1 HARDWARE BY TYPE 127
- 6.3.1.1.1.1.1.1 MULTI FACTOR AUTHENTICATION 127
- 6.3.1.1.1.1.1.2 SINGLE FACTOR AUTHENTICATION 127
- 6.3.1.1.1.2 SOFTWARE 128
- 6.3.1.1.1.3 SERVICES 128
- 6.3.1.1.1.3.1 SERVICES BY TYPE 128
- 6.3.1.1.1.3.1.1 INSTALLATION 128
- 6.3.1.1.1.3.1.2 SUPPORT & MAINTENANCE 128
- 6.3.1.1.1.3.1.3 ACCESS CONTROL AS A SERVICE (ACAAS) 128
- 6.3.1.2 VIDEO SURVEILLANCE SYSTEMS 129
- 6.3.1.2.1 VIDEO SURVEILLANCE SYSTEMS BY TYPE 129
- 6.3.1.2.1.1 HARDWARE 129
- 6.3.1.2.1.1.1 HARDWARE BY TYPE 129
- 6.3.1.2.1.1.1.1 CAMERAS 129
- 6.3.1.2.1.1.1.2 STORAGE SYSTEMS 130
- 6.3.1.2.1.1.1.3 ACCESSORIES 130
- 6.3.1.2.1.1.1.4 MONITORS 130
- 6.3.1.2.1.2 SOFTWARE 130
- 6.3.1.2.1.3 SERVICES 130
- 6.3.1.2.1.3.1 SERVICES BY TYPE 130
- 6.3.1.2.1.3.1.1 INSTALLATION 131
- 6.3.1.2.1.3.1.2 SUPPORT & MAINTENANCE 131
- 6.3.1.2.1.3.1.3 VIDEO SURVEILLANCE AS A SERVICE (VSAAS) 131
- 6.4 ENERGY MANAGEMENT SYSTEMS 131
- 6.5 BUILDING MANAGEMENT SOFTWARE (BMS) 132
- 6.6 FIRE PROTECTION SYSTEMS 132
- 6.6.1 FIRE PROTECTION SYSTEMS BY TYPE 133
- 6.6.1.1 SENSORS AND DETECTORS 133
- 6.6.1.1.1 SENSORS AND DETECTORS BY TYPE 133
- 6.6.1.1.1.1 SMOKE DETECTORS 133
- 6.6.1.1.1.1.1 SMOKE DETECTORS BY TYPE 133
- 6.6.1.1.1.1.1.1 DUAL-SENSOR SMOKE DETECTORS 134
- 6.6.1.1.1.1.1.2 IONIZATION 134
- 6.6.1.1.1.1.1.3 PHOTOELECTRIC 134
- 6.6.1.1.1.2 FLAME DETECTORS 134
- 6.6.1.1.1.2.1 FLAME DETECTORS BY TYPE 134
- 6.6.1.1.1.2.1.1 SINGLE IR /SINGLE UV 135
- 6.6.1.1.1.2.1.2 DUAL IR /SINGLE UV 135
- 6.6.1.1.1.2.1.3 MULTI IR /SINGLE UV 135
- 6.7 OTHERS 135
7 GLOBAL BUILDING MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY 136
- 7.1 OVERVIEW 137
- 7.2 WIRELESS TECHNOLOGIES 138
- 7.2.1 WIRELESS TECHNOLOGIES BY TYPE 139
- 7.2.1.1 ZIGBEE 139
- 7.2.1.2 Z-WAVE 139
- 7.2.1.3 ENOCEAN 139
- 7.2.1.4 WI-FI 139
- 7.2.1.5 THREAD 139
- 7.2.1.6 BLUETOOTH 140
- 7.2.1.7 INFRARED 140
- 7.3 WIRED TECHNOLOGIES 140
- 7.3.1 WIRED TECHNOLOGIES BY TYPE 141
- 7.3.1.1 KNX 141
- 7.3.1.2 DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI) 141
- 7.3.1.3 BUILDING AUTOMATION AND CONTROL NETWORK (BACNET) 141
- 7.3.1.4 LONWORKS 141
- 7.3.1.5 MODBUS 141
8 GLOBAL BUILDING MANAGEMENT SYSTEM MARKET, BY APPLICATION 142
- 8.1 OVERVIEW 143
- 8.2 RESIDENTIAL 144
- 8.2.1 RESIDENTIAL BY SYTEM TYPE 145
- 8.2.1.1 FACILITY MANAGEMENT SYSTEMS(FMS) 145
- 8.2.1.1.1 FACILITY MANAGEMENT SYSTEMS(FMS), BY TYPE 145
- 8.2.1.1.1.1 HVAC CONTROL SYSTEMS 145
- 8.2.1.1.1.2 SMART DEVICES 146
- 8.2.1.1.1.3 LIGHTING CONTROL SYSTEMS 146
- 8.2.1.2 SECURITY AND ACCESS CONTROL SYSTEMS 146
- 8.2.1.2.1 SECURITY AND ACCESS CONTROL SYSTEMS, BY SYSTEM TYPE 146
- 8.2.1.2.1.1 BIOMETRIC SYSTEMS AND ACCESS CONTROL SYSTEMS 146
- 8.2.1.2.1.2 VIDEO SURVEILLANCE SYSTEMS 146
- 8.2.1.3 ENERGY MANAGEMENT SYSTEMS 147
- 8.2.1.4 BUILDING MANAGEMENT SOFTWARE (BMS) 147
- 8.2.1.5 FIRE PROTECTION SYSTEMS 147
- 8.2.1.6 OTHERS 147
- 8.3 COMMERCIAL 147
- 8.3.1 COMMERCIAL, BY TYPE 148
- 8.3.1.1 AIRPORTS AND RAILWAY STATIONS 148
- 8.3.1.2 GOVERNMENT 148
- 8.3.1.3 HOSPITALS AND HEALTHCARE FACILITIES 148
- 8.3.1.4 HOSPITALITY 148
- 8.3.1.5 OFFICE BUILDINGS 148
- 8.3.1.6 RETAIL AND PUBLIC ASSEMBLY BUILDINGS 149
- 8.3.1.7 EDUCATION 149
- 8.3.1.8 OTHERS 149
- 8.3.2 COMMERCIAL, BY SYSTEM TYPE 149
- 8.3.2.1 FACILITY MANAGEMENT SYSTEMS(FMS) 149
- 8.3.2.2 SECURITY AND ACCESS CONTROL SYSTEMS 149
- 8.3.2.3 ENERGY MANAGEMENT SYSTEMS 150
- 8.3.2.4 BUILDING MANAGEMENT SOFTWARE (BMS) 150
- 8.3.2.5 FIRE PROTECTION SYSTEMS 150
- 8.3.2.6 OTHERS 150
- 8.3.3 FACILITY MANAGEMENT SYSTEM , BY TYPE 150
- 8.3.3.1 HVAC CONTROL SYSTEMS 150
- 8.3.3.2 SMART DEVICES 150
- 8.3.3.3 LIGHTING CONTROL SYSTEMS 151
- 8.3.3.3.1 SECURITY AND ACCESS CONTROL SYSTEMS , BY SYSTEM TYPE 151
- 8.3.3.3.1.1 BIOMETRIC SYSTEMS AND ACCESS CONTROL SYSTEMS 151
- 8.3.3.3.1.2 VIDEO SURVEILLANCE SYSTEMS 151
- 8.4 INDUSTRIAL 152
- 8.4.1 INDUSTRIAL, BY SYSTEM TYPE 152
- 8.4.1.1 FACILITY MANAGEMENT SYSTEMS(FMS) 152
- 8.4.1.2 SECURITY AND ACCESS CONTROL SYSTEMS 153
- 8.4.1.3 ENERGY MANAGEMENT SYSTEMS 153
- 8.4.1.4 BUILDING MANAGEMENT SOFTWARE (BMS) 153
- 8.4.1.5 FIRE PROTECTION SYSTEMS 153
- 8.4.1.6 OTHERS 153
- 8.4.2 FACILITY MANAGEMENT SYSTEMS(FMS), BY TYPE 153
- 8.4.2.1 HVAC CONTROL SYSTEMS 153
- 8.4.2.2 SMART DEVICES 153
- 8.4.2.3 LIGHTING CONTROL SYSTEMS 154
- 8.4.3 SECURITY AND ACCESS CONTROL SYSTEMS , BY SYSTEM TYPE 154
- 8.4.3.1 BIOMETRIC SYSTEMS AND ACCESS CONTROL SYSTEMS 154
- 8.4.3.2 VIDEO SURVEILLANCE SYSTEMS 154
9 GLOBAL BUILDING MANAGEMENT SYSTEM MARKET, BY REGION 155
- 9.1 OVERVIEW 156
- 9.2 EUROPE 161
- 9.2.1 GERMANY 175
- 9.2.2 FRANCE 188
- 9.2.3 U.K. 201
- 9.2.4 ITALY 214
- 9.2.5 TURKEY 227
- 9.2.6 SPAIN 240
- 9.2.7 NETHERLANDS 253
- 9.2.8 RUSSIA 266
- 9.2.9 BELGIUM 279
- 9.2.10 SWITZERLAND 292
- 9.2.11 REST OF EUROPE 305
- 9.3 NORTH AMERICA 306
- 9.3.1 U.S. 319
- 9.3.2 CANADA 332
- 9.3.3 MEXICO 345
- 9.4 ASIA PACIFIC 358
- 9.4.1 CHINA 372
- 9.4.2 JAPAN 385
- 9.4.3 SOUTH KOREA 398
- 9.4.4 INDIA 411
- 9.4.5 AUSTRALIA 424
- 9.4.6 SINGAPORE 437
- 9.4.7 MALAYSIA 450
- 9.4.8 THAILAND 463
- 9.4.9 PHILIPPINES 475
- 9.4.10 INDONESIA 488
- 9.4.11 REST OF ASIA-PACIFIC 501
- 9.5 MIDDLE EAST AND AFRICA 502
- 9.5.1 SAUDI ARABIA 515
- 9.5.2 U.A.E. 528
- 9.5.3 SOUTH AFRICA 541
- 9.5.4 EGYPT 554
- 9.5.5 ISRAEL 567
- 9.5.6 REST OF MIDDLE EAST AND AFRICA 580
- 9.6 SOUTH AMERICA 581
- 9.6.1 BRAZIL 593
- 9.6.2 ARGENTINA 605
- 9.6.3 REST OF SOUTH AMERICA 618
10 GLOBAL BUILDING MANAGEMENT SYSTEM MARKET, COMPANY LANDSCAPE 619
- 10.1 COMPANY SHARE ANALYSIS: GLOBAL 619
- 10.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 620
- 10.3 COMPANY SHARE ANALYSIS: EUROPE 621
- 10.4 COMPANY SHARE ANALYSIS: ASIA PACIFIC 622
11 SWOT ANALYSIS 623