Global Building Management Systems (BMS) market set to grow at a CAGR of 11.0% until 2024, research finds

The Building Management Systems (BMS) market was valued at USD 54.0 billion in 2016 and will be growing at a CAGR of 11.0% between 2017 and 2024, a recent market research report has been able to suggest.

The "Global Building Management System Market— Industry Trends and Forecast to 2024″ report from Data Bridge Market Research points out that the increased demand for energy efficient systems and the growing automation of security systems in buildings are among the top market drivers. Similar factors include the growth of IoT and its inherent involvement in the BMS sector, the development of building automation-centric wireless protocols and wireless sensor network technology, as well as infrastructure growth.

The report also further underlined that the Building Management System Market is highly fragmented, with some specific areas set for significant development, compared to others. For example, the lighting control market is expected to grow in the forecasted period, and the same positive trend will also be recorded within the Access Control Market.

Further areas of growth include the Managed Services segment, while the BMS systems for the industrial sector are also likely to record the strongest level of growth.

HeatingSave Building Management System (BMS) — combining the best of Energy Management, Lighting Controls, Access Control and Monitoring Services

The HeatingSave Building Management System (BMS) will cut your energy usage by 20% to 30% with its energy management control, as its internal microprocessor constantly calculates and improves the efficiency and savings of your central heating system.

Using HeatingSave, simply choose the room temperature and the hot water you want, and when, and HeatingSave does the rest. It works with all central heating systems — oil, gas or coal — and links up with a PC to produce reports and graphs to fashion a powerful and complete energy management system.

Furthermore, the BMS system includes comprehensive access control and lighting control features, as well as an advanced smartphone app that grants you extensive control functions and comprehensive alerts at the touch of a button.

The system is backed by the Carbon Trust and the Energy Savings Trust.