Building Management System (BMS) Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Building Management System (BMS) Market is expected to grow with a CAGR of 16% from 2022 to 2028. Building Management Systems (BMS) are also known as Building Automation Systems (BAS) and Building Automation and Control Systems (BACS). A computer-based system mounted on a building that monitors and controls the building’s electrical and mechanical equipment, such as lighting power systems, ventilation systems, and security systems. BMS is based on the control and monitoring of temperature, carbon dioxide, and humidity inside buildings. BMS is primarily designed to supervise and manage the following activities, including lighting control, distribution panels, air conditioning systems, elevators, UPS, water consumption, CCTV system monitoring, fire alarm and firefighting, parking access, and intrusion detection, and elevators.

Company Profile

The building management system ecosystem comprises major players such as Honeywell International Inc. (US), Siemens AG (Germany), Johnson Controls International PLC (Ireland), Schneider Electric SE (France), United Technologies Corp. (US), IBM Corporation (US), Ingersoll-Rand Plc (Ireland), and Delta Controls (Canada).

Market Segmentation

By Software

• Facility Management
• Security Management
• Energy Management
• Infrastructure Management
• Emergency Management

By Service Type   

• Professional Services
• Managed Services

 By Application

• Residential
• Commercial
• Industrial

Scope of the Report

The research study analyzes the Building Management System (BMS) Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Building Management System (BMS) Market Report

1. What was the Building Management System (BMS) Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Building Management System (BMS) Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Building Management System (BMS) Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.