This report examines the global market for the equipment and building management system (BMS) platforms installed in building projects and analyzes significant trends, threats and opportunities for growth impacting this market through 2022. BMS platforms include any computer-based control system that monitors some or all of the building’s mechanical and electrical systems, including a building’s energy, security and life safety domains. Equipment from these domains can be configured to transmit and receive data to and from these platforms. The complex algorithms that these platforms are capable of performing constitutes the foundation for more intelligent buildings with thoroughly integrated IoT devices, machine learning and predictive analytics. Through a centralized platform, the energy consumption and operating costs of a building can be reduced, administration of security systems can be streamlined, assets and individuals within the building can be tracked, and domains can become responsive and adapt to the presence or absence of occupants.
This report aims to provide equipment manufacturers, platform vendors, systems integrators, engineers, architects and building owners an in-depth understanding of market sizes, growth forecasts, market trends, and the competitive landscape of this industry. Qualitative analysis is provided for recent trends influencing the industry such as the adoption of cloud and edge computing frameworks, the increasing use of wireless products, a growing emphasis on interoperable equipment, and a shift to more advanced ‘command and control’ analytics in platforms. A chapter of the report is dedicated to in-depth analyses of market trends and barriers impacting six end-user industries, including case studies of model smart building projects for each building type. Detailed discussion supports the quantitative market data and forecast information across four product types, fourteen equipment types, and five geographic regions.
End-user industries segments analyzed in this report include:
- Educational facilities
- Government buildings
- Leisure and Hospitality
- Other (including airports and industrial facilities)
- North America
- Western Europe
- Asia Pacific
- Rest of World