Building Management System Market Research Report by Component, Operation Module, Application, Deployment, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19- Product Image

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Building Management System Market Research Report by Component, Operation Module, Application, Deployment, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

Report
235 Pages
October 2022
Region: Global
360iResearch™
ID: 4989603

UP TO €1973EUR$1,990USD£1,703GBP OFF until Dec 31^st 2022

The Global Building Management System Market size was estimated at USD 11.29 billion in 2021, USD 12.73 billion in 2022, and is projected to grow at a CAGR of 12.90% to reach USD 23.40 billion by 2027.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Building Management System to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Component, the market was studied across Hardware, Service Type, and Software.
Based on Operation Module, the market was studied across Electric Power Control, Elevators, Fire Alarm & Response, HVAC, Lighting Control, Plumbing & Water Monitoring, and Security & Observation.
Based on Application, the market was studied across Commercial, Industrial, and Residential.
Based on Deployment, the market was studied across On-Cloud and On-Premise.
Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. The ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:

The publisher continuously monitors and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Building Management System market considering the current update on the conflict and its global response.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Building Management System Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Building Management System Market, including ABB Limited, Acuity Brands, Inc., Arloid Automation Ltd., Azbil Corporation, BuildingIQ, Inc., Crestron Electronics, Inc., Delta Controls Inc., GridPoint, Inc., Honeywell International Inc., International Business Machines Corporation, Johnson Controls International PLC, Lutron Electronics Co., Inc., Schneider Electric SE, Siemens AG, and Technovator International Limited.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Building Management System Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Building Management System Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Building Management System Market?
4. What is the competitive strategic window for opportunities in the Global Building Management System Market?
5. What are the technology trends and regulatory frameworks in the Global Building Management System Market?
6. What is the market share of the leading vendors in the Global Building Management System Market?
7. What modes and strategic moves are considered suitable for entering the Global Building Management System Market?

Frequently Asked Questions about the Global Building Management System Market

What is the estimated value of the Global Building Management System Market?

The Global Building Management System Market was estimated to be valued at $11.29 Billion in 2021.

What is the growth rate of the Global Building Management System Market?

The growth rate of the Global Building Management System Market is 12.9%, with an estimated value of $23.4 Billion by 2027.

What is the forecasted size of the Global Building Management System Market?

The Global Building Management System Market is estimated to be worth $23.4 Billion by 2027.

Who are the key companies in the Global Building Management System Market?

Key companies in the Global Building Management System Market include ABB Limited, Acuity Brands, Inc., Arloid Automation Ltd., Azbil Corporation, BuildingIQ, Inc., Crestron Electronics, Inc., Delta Controls Inc., GridPoint, Inc. and International Business Machines Corporation.

Report Attribute	Details
No. of Pages	235
Published	October 2022
Forecast Period	2021 - 2027
Estimated Market Value ( USD ) in 2021	USD 11.29 Billion
Forecasted Market Value ( USD ) by 2027	USD 23.4 Billion
Compound Annual Growth Rate	12.9%
Regions Covered	Global

FIGURE 1. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET: RESEARCH PROCESS
FIGURE 2. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2021 VS 2027
FIGURE 3. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 4. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2021 VS 2027 (%)
FIGURE 5. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2021 VS 2027 (USD MILLION)
FIGURE 6. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY REGION, 2027
FIGURE 7. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2021 VS 2027 (%)
FIGURE 8. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2021 VS 2027 (USD MILLION)
FIGURE 9. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY COUNTRY, 2027
FIGURE 10. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET DYNAMICS
FIGURE 11. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2021 VS 2027 (%)
FIGURE 12. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2021 VS 2027 (USD MILLION)
FIGURE 13. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY COMPONENT, 2027
FIGURE 14. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY HARDWARE, 2018-2027 (USD MILLION)
FIGURE 15. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY SERVICE TYPE, 2018-2027 (USD MILLION)
FIGURE 16. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY SOFTWARE, 2018-2027 (USD MILLION)
FIGURE 17. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY OPERATION MODULE, 2021 VS 2027 (%)
FIGURE 18. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY OPERATION MODULE, 2021 VS 2027 (USD MILLION)
FIGURE 19. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY OPERATION MODULE, 2027
FIGURE 20. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY ELECTRIC POWER CONTROL, 2018-2027 (USD MILLION)
FIGURE 21. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY ELEVATORS, 2018-2027 (USD MILLION)
FIGURE 22. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY FIRE ALARM & RESPONSE, 2018-2027 (USD MILLION)
FIGURE 23. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY HVAC, 2018-2027 (USD MILLION)
FIGURE 24. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY LIGHTING CONTROL, 2018-2027 (USD MILLION)
FIGURE 25. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY PLUMBING & WATER MONITORING, 2018-2027 (USD MILLION)
FIGURE 26. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY SECURITY & OBSERVATION, 2018-2027 (USD MILLION)
FIGURE 27. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY APPLICATION, 2021 VS 2027 (%)
FIGURE 28. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY APPLICATION, 2021 VS 2027 (USD MILLION)
FIGURE 29. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY APPLICATION, 2027
FIGURE 30. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COMMERCIAL, 2018-2027 (USD MILLION)
FIGURE 31. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY INDUSTRIAL, 2018-2027 (USD MILLION)
FIGURE 32. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY RESIDENTIAL, 2018-2027 (USD MILLION)
FIGURE 33. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY DEPLOYMENT, 2021 VS 2027 (%)
FIGURE 34. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY DEPLOYMENT, 2021 VS 2027 (USD MILLION)
FIGURE 35. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY DEPLOYMENT, 2027
FIGURE 36. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY ON-CLOUD, 2018-2027 (USD MILLION)
FIGURE 37. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY ON-PREMISE, 2018-2027 (USD MILLION)
FIGURE 38. AMERICAS BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 39. AMERICAS BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2021 VS 2027 (%)
FIGURE 40. AMERICAS BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2021 VS 2027 (USD MILLION)
FIGURE 41. AMERICAS BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY COUNTRY, 2027
FIGURE 42. ARGENTINA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 43. BRAZIL BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 44. CANADA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 45. MEXICO BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 46. UNITED STATES BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 47. UNITED STATES BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY STATE, 2021 VS 2027 (%)
FIGURE 48. UNITED STATES BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 49. UNITED STATES BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY STATE, 2027
FIGURE 50. ASIA-PACIFIC BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 51. ASIA-PACIFIC BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2021 VS 2027 (%)
FIGURE 52. ASIA-PACIFIC BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2021 VS 2027 (USD MILLION)
FIGURE 53. ASIA-PACIFIC BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY COUNTRY, 2027
FIGURE 54. AUSTRALIA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 55. CHINA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 56. INDIA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 57. INDONESIA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 58. JAPAN BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 59. MALAYSIA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 60. PHILIPPINES BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 61. SINGAPORE BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 62. SOUTH KOREA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 63. TAIWAN BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 64. THAILAND BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 65. VIETNAM BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 66. EUROPE, MIDDLE EAST & AFRICA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 67. EUROPE, MIDDLE EAST & AFRICA BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2021 VS 2027 (%)
FIGURE 68. EUROPE, MIDDLE EAST & AFRICA BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2021 VS 2027 (USD MILLION)
FIGURE 69. EUROPE, MIDDLE EAST & AFRICA BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE STRATEGIC WINDOW, BY COUNTRY, 2027
FIGURE 70. DENMARK BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 71. EGYPT BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 72. FINLAND BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 73. FRANCE BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 74. GERMANY BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 75. ISRAEL BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 76. ITALY BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 77. NETHERLANDS BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 78. NIGERIA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 79. NORWAY BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 80. POLAND BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 81. QATAR BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 82. RUSSIA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 83. SAUDI ARABIA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 84. SOUTH AFRICA BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 85. SPAIN BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 86. SWEDEN BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 87. SWITZERLAND BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 88. TURKEY BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 89. UNITED ARAB EMIRATES BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 90. UNITED KINGDOM BUILDING MANAGEMENT SYSTEM MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 91. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET: FPNV POSITIONING MATRIX, 2021
FIGURE 92. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET SHARE, BY KEY PLAYER, 2021
FIGURE 93. GLOBAL BUILDING MANAGEMENT SYSTEM MARKET COMPETITIVE SCENARIO, BY KEY TYPE, 2021