Global Building Management Systems Market to Reach $68.2 Billion by 2030
The global market for Building Management Systems estimated at US$14.7 Billion in the year 2022, is projected to reach a revised size of US$68.2 Billion by 2030, growing at a CAGR of 21.2% over the analysis period 2022-2030. Professional Services, one of the segments analyzed in the report, is projected to record 20.3% CAGR and reach US$44.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Managed Services segment is readjusted to a revised 22.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $4.3 Billion, While China is Forecast to Grow at 20.5% CAGR
The Building Management Systems market in the U.S. is estimated at US$4.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11.7 Billion by the year 2030 trailing a CAGR of 20.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.7% and 18.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.7% CAGR.Select Competitors (Total 48 Featured) -
- Buildingiq, Inc.
- Crestron Electronics, Inc.
- Delta Controls
- Distech Controls Inc.
- Gridpoint, Inc.
- Honeywell International Inc.
- IBM Corporation
- Ingersoll-Rand PLC
- Johnson Controls International PLC
- Lucid
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- Global competitiveness and key competitor percentage market shares
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Buildingiq, Inc.
- Crestron Electronics, Inc.
- Delta Controls
- Distech Controls Inc.
- Gridpoint, Inc.
- Honeywell International Inc.
- IBM Corporation
- Ingersoll-Rand PLC
- Johnson Controls International PLC
- Lucid
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 96 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 14.7 Billion |
Forecasted Market Value ( USD | $ 68.2 Billion |
Compound Annual Growth Rate | 21.1% |
Regions Covered | Global |