Top 8 Global BMS Companies in the 2018
This is 2nd post in this blog regarding BMS - Building Management Systems. The rising need for integrating
smart automation systems with the modern infrastructure is encouraging various
building management system companies across the globe to offer superior and
premium quality solutions for the evolving audiences. The objective of the
Intelligent Buildings Management Systems (IBMS) is to centralize the
monitoring, controlling operations with innovations, technological and skilful
management of facilities within the building (From BMS Room). This system helps
to achieve more efficient building operations at reduced energy and labor costs
while providing a safe and quality working environment to the occupants. IBMS
include wide range of variety of products, such as general light control,
access control, security control, communication protocol, HVAC control, outdoor
controls and others. Intelligent building is one of the emerging concepts in
which modern infrastructure is being equipped with a variety of automated and
manned control systems and monitoring devices.
Global Integrated Building
Management Systems Market Analysis
Flexibility offered by various open
integrated building management systems is one of the key factors fuelling the
global IBMS industry to witness a CAGR of more than 12% by 2021. The ability of
open systems to function as fully interoperable control systems and define
protocols enabling the co-existence of multiple systems on the same platform
make them the most viable choice for the modern companies willing to create
automated or intelligent buildings. Furthermore, manufacturers are also
leveraging these open systems as they allow the conversion of dissimilar products
into seamlessly networked systems offering low cost and enhanced features often
unavailable in proprietary systems.
Moreover, The Indian economy has
shown steady growth in the last decade, despite the global economic meltdown.
With the growth of income levels and more than one earning members households,
the Indian average disposable income is growing fast resulting in enhanced
demand for goods and services. Therefore several companies are trying to
leverage this opportunity by establishing new plants in this country In 2017. The
market seems to be quite fragmented and is going to result in intense
competition in the next few years as various international players are focusing
on increasing their customer base by acquiring or forming strategic
partnerships with local or regional players.
Honeywell
Headquartered in the US, the company
has been making a variety of commercial and consumer products since its
inception in 1906. Honeywell, with the help of over 131,000 employees
across the globe has been able to operate through key business units including
Honeywell Aerospace, Home and Building Technologies (HBT), Safety and
Productivity Solutions (SPS), and Honeywell Performance Materials and
Technologies. Honeywell is a Fortune 100 software-industrial company. Revenue US$40.534
billion (2017). The company offers a wide product and service portfolios
for the building management systems including the building automation systems,
software and controls, construction and maintenance services and solutions,
commercial combustion controls, and security and fire protection services. In
June 2018, Honeywell introduced the Honeywell Vector Space Sense, a software
solution which shows when, where, and how building spaces are being used at any
given point in time. The software analyzes data from multiple sources across a
building for delivering actionable insights which help facility managers in
utilizing, optimizing, and prioritizing building spaces.
Johnson Controls
Johnson Controls has been manufacturing electronics,
and HVAC equipment for buildings as the primary business since 1885 in Ireland.
With employee strength of over 121,000 employees, the company operates in key
business units including the Building Efficiency, Power Solutions, Global Work Place
Solutions, and Automotive Experience. Johnson Controls annual revenue for 2018 was
$31.4B, a 4.07% increase from 2017. Johnson Controls’ Building Automation
System, Metasys has been contributing significantly to the continuously
growing global next-generation building energy management systems market.
According to Technavio, this market is expected to witness a CAGR of over 11%
by the end of 2020. The company has been launching building automation systems
for commercial buildings. For instance, in November 2017, it launched the
BCPro, a smart building automation system providing simple and powerful tools
for fast and easy set-up, and a new graphic display with editing, illumination
and customization functions, allowing building operations to quickly access and
view data.
Schneider Electric
Founded in 1836, Schneider
Electric was headquartered in France. Employee strength of over 144,000
employees, Revenue: €24.74 billion
(2017). The company has been offering various products and services
including building automation, switches and sockets, industrial safety systems,
home automation, electric power distribution, Smart Grid, critical power &
cooling for datacenters. Schneider Electric announced next generation of
EcoStruxure Building in April 2018. It is one of the first open innovation
platform for buildings with end-to-end IP architecture enabling quick
connectivity of IoT devices to improve building value offering. Furthermore,
the company has been engaging in strategic partnerships with other companies to
ensure high quality products are offered in the market. For instance, in March
2018, Schneider Electric, Danfoss, and Somfy announced a partnership for
creating a Connectivity Ecosystem aiming to accelerate adoption of connectivity
in residential, mid-size building and hotel markets. Such strategic moves of
the company are aiding it to gain a significant position in the top 10 building
management system companies in the world.
United Technologies
Headquartered in the US, and founded
in 1934, United Technologies has been focusing on researching, developing, and
manufacturing products for varied industries including aircraft engines, HVAC,
building systems and other industrial products. The company has a dedicated
business segment named UTC Climate, Controls & Security segment focusing on
offering fire safety, security, building automation systems, HVAC and
refrigerating systems and services. Revenue US$59.837 billion (2017) with
total number of employees: 202,797 (2017). Furthermore, to show the global
customers about the possibilities and potential in the building technology
space, the company opened a state-of-the-art innovation and technology
experience center for intelligent buildings in Palm Beach Gardens, Florida. The
224,000 square-foot UTC Center for Intelligent Buildings also meets the highest
standards for green design and operations.
Siemens
Siemens is a German conglomerate founded in
1847. The company is involved in offering various products and services
including power generation technology, project engineering and construction
services, industrial and building automation, water treatment systems, and
other automation and control software. The company has been actively involved
in the development of building automation systems with its offerings including
Desigo, Synco, and GAMMA portfolio of products. Furthermore, Siemens has
been also promoting the integration of advanced technologies for meeting the
evolving needs of the customers. For instance, the Desigo Control Point is an
emerging concept for simplifying the operation and monitoring of HVAC,
lighting, and shading in small or medium-sized buildings.
Cisco
Founded in 1984, Cisco has
been headquartered in the US. The company specializes in the technology market
by offering a wide range of networking hardware, high-technology products and
services, and telecommunications equipment. The company offers the Digital
Building Solution for making the building smarter through optimized lighting,
building automation, and Internet of Things (IoT) technology. For instance,
Cisco’s Catalyst Digital Building Series Switches offer smart and highly secure
access in a compact and rugged standalone form factor.
Bajaj Electricals
Founded in 1938, Bajaj Electricals is an Indian
electrical equipment manufacturing company diversified with product offerings
including lighting, luminaires, LPG based generators, fans, appliances, and
others. The company’s core business is classified into consumer products, EPC,
illumination, and exports. Bajaj Electricals has also been promoting the
adoption of smart building offering real-time control from lighting, waste
management and HVAC to access, video analytics, and other critical systems. In
July 2017, Bajaj Electricals announced embarking on a new journey in
digitization by offering Integrated Building Management System (IBMS) to help
the customers upgrade to the next level of lighting. With its inception in the
building management system market in 2008, Bajaj Electricals has been
continuously innovating with its products assortment for retaining its
significant position in the top building management companies of the world.
Building Logix
Building Logix has been offering a wide range
of building management solutions including access control & video control,
building energy management, smart building, system integration and other
services. The company has also involved in offering effective building
analytics software to help the companies leverage their present infrastructure
and produce a better performing environment. Building Logix is further focusing
on offering customized building analytics platforms for achieving cost savings
and increased efficient-buildings.
Ref: Global Integrated Building
Management Systems Industry Report.
Ref: http://www.smartbuildingsmagazine.com/
