Building Management System Global Market Intelligence Report 2023: Sector to Reach $33.8 Billion by 2030

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Global Building Management System Market

Global Building Management System Market

Dublin, Feb. 27, 2023 (GLOBE NEWSWIRE) -- The "Building Management System Market Intelligence Report - Global Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The Global Building Management System Market is projected to reach USD 33.83 billion by 2030 from USD 12.73 billion in 2022, at a CAGR 12.98% during the forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions.

In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.

• The Americas Building Management System Market size was estimated at USD 3,702.19 million in 2022 and expected to reach USD 4,166.79 million in 2023, at a CAGR 12.91% to reach USD 9,780.95 million by 2030.

• The Asia-Pacific Building Management System Market size was estimated at USD 4,261.57 million in 2022 and expected to reach USD 4,825.19 million in 2023, at a CAGR 13.08% to reach USD 11,394.49 million by 2030.

• The Europe, Middle East & Africa Building Management System Market size was estimated at USD 4,773.99 million in 2022 and expected to reach USD 5,382.70 million in 2023, at a CAGR 12.96% to reach USD 12,657.79 million by 2030.

Market Segmentation & Coverage:

The report on the Global Building Management System Market identifies key attributes about the customer to define the potential market and identify different needs across the industry.

Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. The market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience.

This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for the market plan.

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

Component:

• Hardware

• Service

• Software

Operation Module:

• Electric Power Control

• Elevators

• Fire Alarm & Response

• HVAC

• Lighting Control

• Plumbing & Water Monitoring

• Security & Observation

Deployment:

• On-Cloud

• On-Premise

Application:

• Commercial

• Industrial

• Residential

Region:

• Americas

  • Argentina

  • Brazil

  • Canada

  • Mexico

  • United States

    • California

    • Illinois

    • New York

    • Ohio

    • Pennsylvania

    • Texas

• Asia-Pacific

  • Australia

  • China

  • India

  • Indonesia

  • Japan

  • Malaysia

  • Philippines

  • Singapore

  • South Korea

  • Taiwan

  • Thailand

  • Vietnam

• Europe, Middle East & Africa

  • Denmark

  • Egypt

  • Finland

  • France

  • Germany

  • Israel

  • Italy

  • Netherlands

  • Nigeria

  • Norway

  • Poland

  • Qatar

  • Russia

  • Saudi Arabia

  • South Africa

  • Spain

  • Sweden

  • Switzerland

  • Turkey

  • United Arab Emirates

  • United Kingdom

Company Usability Profiles:

• 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

• Technovator International Limited

Report Metrics:

Report Attribute	Details
No. of Pages	187
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$12.73 Billion
Forecasted Market Value (USD) by 2030	$33.83 Billion
Compound Annual Growth Rate	12.9%
Regions Covered	Global

For more information about this report visit https://www.researchandmarkets.com/r/n7lib1

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• Global Building Management System Market

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