Report forecast the Global BMS market to grow at a
CAGR of 8.18 percent over the period 2015-2019.
BMS are deployed in large buildings for the
efficient energy management, and they help in controlling and managing building
facilities such as lighting, electricity, fire precautions, safety, security,
and HVAC. These systems are installed in buildings such as commercial
buildings, IT parks, hotels, restaurants, manufacturing plants, retail outlets,
and residential buildings for effective facility management. They enable easy
automation and help in managing buildings for better cost savings and improved
performance.
This report covers the present scenario and the
growth prospects of the Global BMS market during the period 2015-2019. For
ascertaining the market size and vendor share, the report considers revenue
generated from the sales of BMS.
According to the report, the adoption of a BMS
enhances the comfort level of employees within a building, thus resulting in
better employee productivity. Increased inflation rates and fluctuating
economic growth have created the need for organizations to achieve maximum
productivity with minimum expenditure. Retail industries are increasingly
adopting BMSs, especially in retail outlets, to increase their customer
satisfaction and experience.
Further, the report states that the high cost of
BMS installation is one key factor which is deterring companies from investing
in BMSs. Vendors are continuously adding better functionality with advanced
features in BMSs to remain competitive, which has increased the product price
even more. BMSs need continuous support and services to function properly and
some vendors are not able to meet customers' expectation, leading to customer
dissatisfaction.
The Global BMS Market 2015-2019, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the Global BMS market landscape and its growth
prospects in the coming years. The report includes a discussion of the key
vendors operating in this market.
Key players in the Global BMS Market: Control4,
Honeywell International Inc., Johnson Controls Inc., Schneider Electric SE and
Siemens Industry
Other Prominent Vendors in the market are: Bosch,
Legrand, Lutron Electronics, Tyco and United Technologies
Market Driver
- Need for Increased Productivity
- For a full, detailed list, view our report
Market Challenge
- Increased Costs Leading to Reduced Investment in BMS
- For a full, detailed list, view our report
Market Trend
- Integration of BMS with Industrial Automation
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 77 pages, “Global
BMS Market 2015-2019” report covers Executive Summary, List of Abbreviations,
Scope of the Report, Market Research Methodology, Introduction, Market
Landscape, Market Segmentation by Product, Market Segmentation by End-user,
Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and
their Impact, Market Challenges, Impact of Drivers and Challenges, Market
Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4MC
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