MRRSE has announced the addition of the “Intelligent Building Management Systems Market - India Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” report to their offering.
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Intelligent building management systems in india industry and market studies research report
1. Intelligent Building Management Systems in India Industry
and Market studies Research Report
Report Description
The objective of the Intelligent Buildings Management
Systems (IBMS) is to centralize the monitoring, control
operations, efficient management of facilities within the
2. building. These systems helps to achieve more efficient
building operations at reduced energy and labor costs while
providing a safe and quality working environment to the
occupants. The IBMS products are designed to facilitate ease
of access, reduce man power and control the all the
appliances in a single or multiple rooms.
The market is expected to grow during the forecast period
due to the increasing demand from hospitality industry and
growing green building infrastructure. In addition, augmented
growth in automation market is further influencing the
growth of IBMS market in India. Economic growth of India
and growing disposable income among the citizens is also
boosting the IBMS market in the country. Furthermore, the
3. need for occupant comfort, reduction of operating cost, and
need for energy efficiency is raising the demand of IBMS in
various application sectors in India.
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The growth of IBMS market is observing hindrance due to
lack of availability of skilled workforce. The Intelligent
building management systems are usually complex and
require skilled personals to operate. The cost of training
operators to handle complex equipment such as HVAC
control, outdoor controls, security and access control, energy
management systems and smart meters is quite high. Owing
4. to which, small scale companies cannot afford to invest large
capital to train their operators. This factor is likely to affect
the growth of the IBMS market in the country.
The IBMS market is expected to generate a lot of
opportunities for the manufacturers with the growing
awareness of technologically advanced products among the
people. Clustering of modern satellite towns around existing
cities in India is also acting as a lucrative opportunity for
the IBMS vendors. Furthermore, Indian government plans to
build hundred new smart cities and have allocated about USD
1 billion in the budget of 2015-16 for the same. Government
is also planning infrastructure development in another five
hundred cities in the country. These major infrastructure
5. projects are expected to further boost the market of IBMS
market substantially.
The India IBMS market report has been analyzed in terms of
revenue (USD Million). The forecast period of the analysis is
from 2015 to 2021. Furthermore, the report includes the key
factors that are pushing and pulling the market in terms of
the drivers and restraints. In addition, the future
opportunities that can affect the market have also been
discussed.
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6. The region segmentation for the IBMS market has been done
by South India, West India, North India, East India and these
have been estimated in terms of revenue (USD Million). In
addition, the report segments the market based on the
product, which include general lighting controls,
communication systems, security controls, HVAC controls,
access controls, outdoor controls entertainment controls and
others. The India IBMS market is segmented by application
into: hospitality, residential and retail, life science, office
space, manufacturing, and energy and infrastructure. All
these segments have also been estimated on the basis of
geography in terms of revenue (USD Million).
7. In order to understand the intelligent building management
systems market better, a key trend analysis section has also
been provided which discusses the growth in various
segments. In addition, the key players profiled in the report
have further been analyzed in terms of the global market
share held by them.
In the end, the report also covers the profiles of the leading
vendors on the basis of their company overview, key
developments, financial statements and business strategies
adopted by the players in the India IBMS market. The major
players profiled in the report include: Siemens Building
Technology Pvt. Ltd, Honeywell Automation India Ltd
Johnson Controls (India) Pvt. Ltd. Control4 Corporation,
8. Crestron Electronics India Private Limited, ADT Corporation
India and Legrand Pvt. Ltd. among others.
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