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Intelligent Building Management Systems Market - India Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021

Intelligent Building Management Systems Industry in India: Forecasts to 2021

  • August 2015
  • 85 pages
  • ID: 3207036
In this report:
The market is expected to grow during the forecast period due to the increasing demand from hospitality industry and growing green building infrastructure.
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.

Summary

Table of Contents

The objective of the Intelligent Buildings Management Systems is to centralize the monitoring, control operations, adequate management of facilities within the building. These systems helps to achieve more effective 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 sector is forecast to grow during the forecast period due to the growing demand from hospitality industry and increasing green building infrastructure. Additionally, augmented increase in automation market is farther influencing the growth of IBMS market in India (IN). Economic growth of India and increasing disposable income among the citizens is also boosting the IBMS market in the country. As well, the need for occupant comfort, reduction of operating cost, and need for energy efficiency is raising the demand of IBMS in several application sectors in India (IN).

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 including HVAC control, outdoor controls, security and access control, energy management systems and clever meters is quite high. Owing to which, small scale companies cannot afford to invest big capital to train their operators. This factor is likely to affect the growth of the IBMS market in the country.

The IBMS market is forecast to generate a lot of opportunities for the manufacturers with the increasing awareness of technologically advanced products among the people. Clustering of modern satellite towns around existing cities in India (IN) is also acting as a lucrative opportunity for the IBMS vendors. Additionally, Indian government plans to build hundred additional clever cities and have allocated about $1.0B in the budget of 2015-16 for the same. Government is also planning infrastructure development in another five hundred cities in the country. These main infrastructure projects are anticipated to farther boost the market of IBMS market substantially.

The India IBMS market report has been analyzed in terms of income. The forecast period of the analysis is from 2015 to 2021. Moreover, the industry report includes the top factors that are pushing and pulling the industry in terms of the drivers and market restraints. Moreover, the future opportunities that can affect the sector have also been discussed.

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 income. Futhermore, the report segments the market established 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 broken down by application into: hospitality, residential and retail, life science, office space, manufacturing, and energy and infrastructure. All these segments have also been estimated based on geography in terms of income.

In order to comprehend the intelligent building management systems market better, a main trend analysis section has also been delivered which discusses the growth in different segments. Additionally, the top players decribed in the study have further been analyzed in terms of the overall market share held by them.

In the end, The study also includes the profiles of the leading vendors based on their company overview, main developments, financial statements and strategic management approved by the players in the India IBMS market. The main players decribed in the market research contain: Siemens Building Technology Pvt. Ltd, Honeywell Automation India Ltd Johnson Controls Pvt. Ltd. Control4 Corporation, Crestron Electronics India Private Limited, ADT Corporation India and Legrand Pvt. Limited among others.

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