Building management system (BMS) also known as building automation system (BAS) refers to a computer-based control system that needs to be installed within buildings to monitor and regulate the building’s electrical and mechanical equipment such as power system, lighting, and ventilation to confirm sustainability. The building management system market in Singapore is likely to register a CAGR of over 6.2% with an incremental growth of USD 56 million during the forecast period 2022-2028.
This industry report offers market estimates of the Singapore market, followed by a detailed analysis of the product, service type, and end user. The Singapore market data on building management system can be segmented by product: building automation system (BAS), emergency security and automation systems (ESAS), energy management system (EMS). In 2021, the EMS segment made up the largest share of revenue generated by the building management system market. Building management system market is further segmented by service type: new installation, retrofit. Based on end user, the building management system market is segmented into: commercial, data center, healthcare, hospitality, industry, transportation, others.
The Singapore building management system market is highly competitive. The key players in the building management system market include ABB Ltd., Daikin Industries Ltd., Green Koncepts Pte Ltd., Hager Ltd., Honeywell International Inc., Johnson Controls International plc (JCI), NEC Corporation, Schneider Electric SE, Siemens AG, Toshiba Corporation.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 6.2% |
| Pages | 21 |
| Key Players | ABB Ltd., Daikin Industries Ltd., Green Koncepts Pte Ltd., Hager Ltd., Honeywell International Inc., Johnson Controls International plc (JCI), NEC Corporation, Schneider Electric SE, Siemens AG, Toshiba Corporation |
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