Building Management Systems (BMS): Worldwide Markets - Outlook to 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 20, 2018--The “Building Management System Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.
The report predicts the global building management system market to grow with a CAGR of 14.1% over the forecast period of 2018-2024.
A building management system is significantly used in industrial, commercial and residential buildings owing to its energy efficiency, cost effective, high comfort and several other benefits. The factor driving the growth of BMS market is the energy and cost effective solutions offered by the building management system market, especially in the commercial industries.
In addition, the demand of energy efficient and eco-friendly buildings is rising vary rapidly across the world; that is likely to escalate the growth of building management system market. However, the installation cost of a 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.
Key Topics Covered
2. Executive Summary
3. Global Building Management System Market Overview
4. Building Management System Market Macro Indicator Analysis
5. Global Building Management System Market by Component
6. Global Building Management System Market by Application
7. Global Building Management System Market by Region 2018-2024
8. Company Profiles and Competitive LandscapeHoneywell International Inc. Johnson Controls International plc Schneider Electric SE Siemens AG IBM Corporation United Technologies Corp. Delta Controls Ingersoll-Rand plc
For more information about this report visit https://www.researchandmarkets.com/research/ts2fnp/building?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180920005754/en/
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Related Topics:Internet of Things and M2M
INDUSTRY KEYWORD: BUILDING SYSTEMS TECHNOLOGY SOFTWARE CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
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PUB: 09/20/2018 02:09 PM/DISC: 09/20/2018 02:09 PM