Global Integrated Building Management Systems Market 2017-2021

December 22, 2016
This industry research report identifies Cisco, Honeywell, Johnson Controls, Schneider Electric, and United Technologies as the key vendors in the global integrated building management systems (IBMS) market. This industry research report also presents a competitive analysis of the market by solution (hardware, software, and services), by end-user (commercial buildings, residential buildings, and government buildings), and by geography (the Americas, APAC, and EMEA).

Overview of the global integrated building management systems (IBMS) market

Market research analysts at Technavio predict that the global IBMS market will grow steadily during the next four years and post a CAGR of more than 12% by 2021. This market research analysis identifies the degree of flexibility offered by open integrated building management systems as one of the primary growth factors for this market. Open systems eliminate the need to select products from the same vendor for hardware, software, and support. Open systems function as fully interoperable control systems and deploy protocols that define the messaging methods, media, and requirements for enabling the co-existence of multiple systems on the same platform. As a result, end-users now have the facility to select vendors based on product design, function, and cost since they can be integrated under the same platform. Moreover, open systems also enable the conversion of dissimilar products from various manufacturers into seamlessly networked systems and also offers benefits such as low cost and enhanced features that are unavailable in proprietary systems.

This market research and analysis estimates that in terms of geographical regions, EMEA will be the major revenue contributor to the market throughout the next four years. Increasing awareness among the end-users for optimizing building automation systems (BAS) and enhancing the ease of operations coupled with the rise in demand from the African countries such as Algeria, Nigeria, and South Africa and the Middle Eastern countries such as the UAE and Saudi Arabia will propel the market’s growth prospects in this region.

Competitive landscape and key vendors

Due to the presence of a number of well-established international and local building management system manufacturers, this market appears to be highly fragmented. Market players focus on differentiating their products especially in terms of quality, features, and adaptability. Technical expertise and the ability to customize products to cater to the needs of the end-user will be major factors that play a significant role in enhancing the market share of building management system companies. In the next few years, the market will witness the entry of several start-up companies that will start collaborating with private or public global players to increase their business opportunities. Since international players are currently focusing on increasing their customer base by enhancing their global reach, they will start acquiring or forming strategic partnerships with the regional or local players.

The leading vendors in the market are -

  • Cisco
  • Honeywell
  • Johnson Controls
  • Schneider Electric
  • United Technologies

The top other prominent vendors based on various geographies are – the Americas: Advantech, Bosch Security, Building IQ, Building Logix, Control4, Convergentz, Delta Controls, Emerson Electric, Phoenix Energy Technologies, and Siemens; APAC: 3S Technologies and Automation, AllGreen Ecotech, Azbil Corporation, Bajaj Electricals, Cylon, Jardine Engineering Corporation, MS Group, NEC, Oberix, and United Technologies; and EMEA: Advanced Control Solutions, Alerton, AMB,    Armiti Trading, Atrina, Avanceon, Building Maintenance Services, Demont Engineering, Eagle Technology, and Giza Systems.

Segmentation by solution and analysis of the IBMS market

  • Hardware
  • Software
  • Services

By accounting for the major market shares, the hardware segment dominated the integrated building systems market during 2016. The segment is expected to witness continuous growth during the predicted period, which can be primarily attributed to the rise in number of new buildings preferring integrated systems over individual BAS and building management systems (BMS). Additionally, the replacement of the unconnected systems by an integrated system in existing buildings will also fuel the growth of this market segment.

Segmentation by end-user and analysis of the IBMS market

  • Commercial buildings
  • Residential buildings
  • Government buildings

During 2016, the commercial buildings segment accounted for the major shares and dominated the integrated building monitoring systems market. Monitoring the automation systems for integrated buildings will help facility managers in predicting potential issues. As a result, there will be a rise in the number of building owners adopting integrated systems in their facilities.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global integrated building management systems market?
  • What are the key market trends impacting the growth of the global integrated building management systems market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global integrated building management systems market?
  • What are the market opportunities and threats faced by the vendors in the global integrated building management systems market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global integrated building management systems market?

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