Global Intelligent Building Management Systems Market Report, History and Forecast 2016-2027, Breakdown Data by Companies, Key Regions, Types and Application

The objective of the Intelligent Buildings Management Systems (IBMS) is to centralize the monitoring, controlling operations with innovations, technological and skilful management of facilities within the building. This system helps to achieve more efficient building operations at reduced energy and labor costs while providing a safe and quality working environment to the occupants. IBMS include wide range of variety of products, such as general light control, access control, security control, communication protocol, HVAC control, outdoor controls and others. Intelligent buildings management systems provide more efficiency, higher productivity and increased comfort.
In addition IBMS mainly control monitor and optimize building services, such as lighting; heating; security, CCTV and alarm systems; access control; audio-visual and entertainment systems; among other. Owing to advantages of intelligent building management systems, their usage has increased in sectors such as government buildings, corporate buildings, educational buildings, hospital buildings, airports, hotels and resorts. Moreover, The Indian economy has shown steady growth in the last decade, despite the global economic meltdown. With the growth of income levels and more than one earning members households, the Indian average disposable income is growing fast resulting in enhanced demand for goods and services. Therefore several companies are trying to leverage this opportunity by establishing new plants in this country

Market Analysis and Insights: Global Intelligent Building Management Systems Market
The research report studies the Intelligent Building Management Systems market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Intelligent Building Management Systems market size is projected to reach US$ 1411.8 million by 2027, from US$ 498.1 million in 2020, at a CAGR of 15.9% during 2021-2027.

Global Intelligent Building Management Systems Scope and Segment
The global Intelligent Building Management Systems market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Intelligent Building Management Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
General Lighting Controls
Communication Systems
Security Controls
Access Controls
HVAC Controls
Entertainment Controls
Outdoor Controls
Others

Segment by Application
Commercial Buildings
Residential Buildings
Government Buildings

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Siemens Building Technology
Honeywell Automation
Johnson Controls
Control4 Corporation
Crestron Electronics
ADT Corporation
Legrand
Ingersoll-Rand
Hitachi