Top Building Management System vendors Identified by 360QUadrants

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TOP BUILDING MANAGEMENT SYSTEM VENDORS IDENTIFIED
BY 360QUADRANTS The Building Management System
market was valued at USD 6.65 billion in 2016 and
is expected to reach USD 19.25 billion by 2023,
at a CAGR of 16.71 between 2017 and 2023. The
dramatic increase in awareness in the excessive
use of energy and concerns for the environment
has fueled the demand for cost-e?ective
technologies. Energy e?ciency is becoming a part
of the building management, facilities
management, and operation strategy. The smart
home concept is now making significant inroads
into the domestic residential sector. Smart
buildings will directly contribute to the global
goal of reducing energy usage and emissions.
Significant cost benefits to industrial,
commercial, and residential users boost the
demand for Building Management Systems. Other
significant factors driving the growth of the
Building Management System market include
simplified building operation and maintenance,
increasing demand for energy-e?cient and eco-
friendly buildings, and increasing integration of
IoT. In 2016, the Building Management System
market was dominated by Johnson Controls Inc.
(Ireland), Honeywell International Inc. (US),
Schneider Electric (France), Siemens AG
(Germany), and United Technologies Corp. (US). A
few of the major strategies adopted by these
players to compete in the Building Management
Systems market include product launches,
partnerships, and agreements from 2017 to 2019.
There were also a significant number of product
launches and acquisitions mergers during this
period. Johnson Controls (Ireland) o?ers the BMS
through its Building E?ciency segment under the
name, Metasys Building Automation System. It has
segmented its building automation and management
products into supervisor software and tools,
supervisory and network controllers, integration
and gateways, programmable controllers, and
configurable field controllers. The supervisor
software and tools consist of software solutions
and tools under Metasys and Facility Explorer.
Metasys helps in connecting commercial HVAC,
lighting, security, and protection systems,
enabling them to communicate on a single
platform to deliver the needed information which
helps in saving energy and providing comfort and
safety to building occupants. Honeywell
International (US) o?ers the BMS through the Home
and Building Technologies business segment. The
products and services comprise controls and
displays for heating, cooling, indoor air
quality, ventilation, humidification, combustion,
lighting, and home automation. It launched a
mobile software application named, Honeywell
Vector Occupant App that enables building
occupants to tap into IoT capabilities to
address common building issues including
temperature settings and access control. In
2016, the company acquired Intelligrated (US), a
privately-held leader in supply chain and
warehouse automation solutions, for USD 1.5
billion. These developments have broadened its
o?erings in the market. Schneider Electric
(France) provides low-voltage power and building
automation products and solutions that address
the needs of various end markets to help enhance
the energy e?ciency of the buildings. Schneider
Electric o?ers integrated solutions to various
business sectors. Schneider also focuses on
strategic collaborations, agreements,
acquisitions, and partnerships to strengthen its
core businesses. For instance, in 2015, Schneider
Electric collaborated with Autodesk Inc. (US) to
improve the current practices for building
lifecycle management with the help of building
information modeling (BIM). This is a part of a
strategy implemented by Schneider to optimize its
portfolio and increase its focus on core
businesses.
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• Siemens AG (Germany) provides automation
  technologies and digital services for safe,
  secure, and e?cient buildings and
  infrastructure. Desigo is the management platform
  o?ered by Siemens which enables users e?ciently
  monitor and operate multiple systems including
  HVAC lighting and shading power fire safety
  and security in buildings. It has undertaken
  various developments and increased its solution
  o?erings in the Desigo management platform.
  Siemens added Desigo Control Point to its Desigo
  series of products in 2017 a new product
  comprises a variety of new web servers and touch
  panels, providing building operators and users
  with expanded options for operations.
• United Technologies (US) o?ers building
  automation, HVAC, and refrigeration systems. It
  also o?ers electronic security products such as
  intruder alarms, access control systems, and
  video surveillance systems. Strategic mergers
  acquisitions have also helped the company to
  strengthen its position in the Building
  Management System market. In 2017, it acquired
  EcoEnergy, an energy service business division
  of Wipro Limited (India), which is a leading
  energy management solutions company.
• Benefits of Building Management Systems
• The advantages of implementing best building
  management system include
• Price reduction Blind and shutter power
  inclusion in the building management plan to
  handle energy delivery to rooms to reduce heating
  and cooling costs. Sub-metering incorporation
  and study of a building's energy signature to
  determine opportunities for optimisation.
• Sustainability Seeking out how to minimize the
  use of your facility is not just safer for the
  ecosystem but will also help you obtain or retain
  LEED certification.
• Smarter growth While preparing for an extension
  or a new facility entirely, getting details from
  the process lines will allow you to accurately
  evaluate potential predictions. However,
  understanding the details behind the collection
  will help you schedule potential usage and
  secure favourable service prices.
• 4.
• Maintenance Monitoring information and events
  have the potential that can help you recognize
  when you're about to maintain or replace a system
  or equipment before it a?ects the production.
  Maintenance management is often safer than
  reactive maintenance, sometimes requiring costly
  downtimes.
• Building Tenant Safety If the fire is observed,
  the automated opening of shutters allows
  building entry for responders, and enables
  alternate escape routes. The redirection of CCTV
  cameras to the fire detector position helps
  decide a suitable plan for fire fighting before
  entering the field. Monitoring and immediately
  converting escalators and elevators to escape
  mode in case of a fire.
• 7.
• Some of the additional benefits are
• Possibility of individual room control
• Increased sta? productivity

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