This Building Management and Control Systems market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The building management and control systems market size has grown strongly in recent years. It will grow from $65.5 billion in 2024 to $71.18 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increasing demand for energy-efficient and eco-friendly buildings, rising security concerns, rising government, and private sector initiatives, the surge in the management of the residential premises, and growing deployment influences of building automation.
The building management and control systems market size is expected to see strong growth in the next few years. It will grow to $103.79 billion in 2029 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to the development of smart cities, improving occupant comfort, increasing stringent energy efficiency and emissions regulations, growing focus on sustainability, and significant cost benefits to industrial, commercial, and residential users. Major trends in the forecast period include the integration of analytics in building management, adoption of internet of things (IoT) and smart technologies, integration of artificial intelligence, incorporation of machine learning, and development of wireless protocols and standards.
The growth of the building management and control systems market is expected to be significantly driven by the increasing development of smart cities. A smart city leverages technology and data-driven solutions to enhance infrastructure, boost efficiency, and promote sustainability, thereby improving residents' quality of life. The push towards smart cities is motivated by the need to reduce carbon footprints, improve sustainability, achieve cost savings, and enable real-time monitoring and management of urban systems. Building management and control systems play a crucial role in smart cities by automating and optimizing energy use, security, and building operations, which enhances the city’s overall efficiency, sustainability, and connectivity. For example, in June 2024, the Press Information Bureau, an Indian government agency, reported that India's smart cities mission has made significant progress across 100 cities, with 8,013 projects approved at a cost of ₹1,64,158 crore ($19.66 billion). Of these, 7,157 projects have been completed, totaling ₹1,43,958 crore ($12.24 billion). Thus, the expanding development of smart cities is driving the building management and control systems market.
Major companies in the building management and control systems market are concentrating on developing sophisticated building management systems that leverage automation and machine learning to optimize building operations, enhance energy efficiency, and improve occupant comfort. Automation and machine learning optimize building systems by continuously analyzing data and adjusting operations to best balance energy efficiency and occupant comfort. For example, in January 2024, Honeywell International Inc., a US-based manufacturer of building control systems, introduced Advance Control for Buildings. This innovative building management platform integrates the latest technologies with decades of experience to automate building operations and enhance energy efficiency. It employs automation and machine learning to streamline operations and features built-in cybersecurity and technology for faster network speeds. Additionally, it provides building managers with improved control over efficiency, aiming to enhance occupant experience and advance energy management objectives.
In February 2024, Learnd Limited, a technology company based in the UK, acquired BGES Group for an undisclosed sum. This acquisition enables Learnd to bolster its presence in the building management system sector by leveraging BGES Group's expertise, expanding its market reach, enhancing its resources, and creating synergies between the two companies. The goal is to deliver advanced solutions in energy management and sustainability. BGES Group, also based in the UK, specializes in building management services aimed at reducing energy costs and carbon emissions in non-residential buildings.
Major companies operating in the building management and control systems market are Siemens AG, Raytheon Technologies Corp., International Business Machines Corporation, Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., ABB Ltd., Trane Technologies PLC, Johnson Controls International PLC, Ingersoll-Rand PLC, Crestron Electronics Inc., Lutron Electronics Co. Inc., Sauter Controls AG, Bajaj Electricals Limited, Automated Logic Corporation, Delta Controls Inc., KMC Controls Inc., Distech Controls Inc., Tridium Inc., BuildingIQ Inc.
Asia-Pacific was the largest region in the building management and control systems market in 2023. The regions covered in the building management and control systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the building management and control systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Building management and control systems (BMCS) are integrated systems that monitor, control, and manage various building services and facilities. These systems oversee commercial or industrial buildings' heating, ventilation, air conditioning (HVAC), lighting, security, fire safety, and other critical infrastructure. Building management and control systems (BMCS) help optimize energy efficiency, ensure occupant comfort, and enhance building security by enabling centralized or automated control.
The main components of building management and control systems are hardware, software, and service. Software in BMS enables data collection, system control, and analysis, providing interfaces for managing building operations, energy efficiency, and automation. The various offerings include integrated building management systems(BMS), standalone building management systems(BMS), and managed building management systems(BMS) with various communication technologies such as wireless technologies, and wired technologies. These are used in various applications such as residential, commercial, and industrial.
The building management and control systems market research report is one of a series of new reports that provides building management and control systems market statistics, including building management and control systems industry global market size, regional shares, competitors with a building management and control systems market share, detailed building management and control systems market segments, market trends, and opportunities, and any further data you may need to thrive in the building management and control systems industry. This building management and control systems research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The building management and control systems market consists of revenues by entities by providing services such as data analytics, building automation services, and integration services. The market value includes the value of related goods sold by the service provider or included within the service offering. The building management and control systems market also includes sales of controllers, sensors, and actuators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The building management and control systems market size has grown strongly in recent years. It will grow from $65.5 billion in 2024 to $71.18 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increasing demand for energy-efficient and eco-friendly buildings, rising security concerns, rising government, and private sector initiatives, the surge in the management of the residential premises, and growing deployment influences of building automation.
The building management and control systems market size is expected to see strong growth in the next few years. It will grow to $103.79 billion in 2029 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to the development of smart cities, improving occupant comfort, increasing stringent energy efficiency and emissions regulations, growing focus on sustainability, and significant cost benefits to industrial, commercial, and residential users. Major trends in the forecast period include the integration of analytics in building management, adoption of internet of things (IoT) and smart technologies, integration of artificial intelligence, incorporation of machine learning, and development of wireless protocols and standards.
The growth of the building management and control systems market is expected to be significantly driven by the increasing development of smart cities. A smart city leverages technology and data-driven solutions to enhance infrastructure, boost efficiency, and promote sustainability, thereby improving residents' quality of life. The push towards smart cities is motivated by the need to reduce carbon footprints, improve sustainability, achieve cost savings, and enable real-time monitoring and management of urban systems. Building management and control systems play a crucial role in smart cities by automating and optimizing energy use, security, and building operations, which enhances the city’s overall efficiency, sustainability, and connectivity. For example, in June 2024, the Press Information Bureau, an Indian government agency, reported that India's smart cities mission has made significant progress across 100 cities, with 8,013 projects approved at a cost of ₹1,64,158 crore ($19.66 billion). Of these, 7,157 projects have been completed, totaling ₹1,43,958 crore ($12.24 billion). Thus, the expanding development of smart cities is driving the building management and control systems market.
Major companies in the building management and control systems market are concentrating on developing sophisticated building management systems that leverage automation and machine learning to optimize building operations, enhance energy efficiency, and improve occupant comfort. Automation and machine learning optimize building systems by continuously analyzing data and adjusting operations to best balance energy efficiency and occupant comfort. For example, in January 2024, Honeywell International Inc., a US-based manufacturer of building control systems, introduced Advance Control for Buildings. This innovative building management platform integrates the latest technologies with decades of experience to automate building operations and enhance energy efficiency. It employs automation and machine learning to streamline operations and features built-in cybersecurity and technology for faster network speeds. Additionally, it provides building managers with improved control over efficiency, aiming to enhance occupant experience and advance energy management objectives.
In February 2024, Learnd Limited, a technology company based in the UK, acquired BGES Group for an undisclosed sum. This acquisition enables Learnd to bolster its presence in the building management system sector by leveraging BGES Group's expertise, expanding its market reach, enhancing its resources, and creating synergies between the two companies. The goal is to deliver advanced solutions in energy management and sustainability. BGES Group, also based in the UK, specializes in building management services aimed at reducing energy costs and carbon emissions in non-residential buildings.
Major companies operating in the building management and control systems market are Siemens AG, Raytheon Technologies Corp., International Business Machines Corporation, Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., ABB Ltd., Trane Technologies PLC, Johnson Controls International PLC, Ingersoll-Rand PLC, Crestron Electronics Inc., Lutron Electronics Co. Inc., Sauter Controls AG, Bajaj Electricals Limited, Automated Logic Corporation, Delta Controls Inc., KMC Controls Inc., Distech Controls Inc., Tridium Inc., BuildingIQ Inc.
Asia-Pacific was the largest region in the building management and control systems market in 2023. The regions covered in the building management and control systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the building management and control systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Building management and control systems (BMCS) are integrated systems that monitor, control, and manage various building services and facilities. These systems oversee commercial or industrial buildings' heating, ventilation, air conditioning (HVAC), lighting, security, fire safety, and other critical infrastructure. Building management and control systems (BMCS) help optimize energy efficiency, ensure occupant comfort, and enhance building security by enabling centralized or automated control.
The main components of building management and control systems are hardware, software, and service. Software in BMS enables data collection, system control, and analysis, providing interfaces for managing building operations, energy efficiency, and automation. The various offerings include integrated building management systems(BMS), standalone building management systems(BMS), and managed building management systems(BMS) with various communication technologies such as wireless technologies, and wired technologies. These are used in various applications such as residential, commercial, and industrial.
The building management and control systems market research report is one of a series of new reports that provides building management and control systems market statistics, including building management and control systems industry global market size, regional shares, competitors with a building management and control systems market share, detailed building management and control systems market segments, market trends, and opportunities, and any further data you may need to thrive in the building management and control systems industry. This building management and control systems research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The building management and control systems market consists of revenues by entities by providing services such as data analytics, building automation services, and integration services. The market value includes the value of related goods sold by the service provider or included within the service offering. The building management and control systems market also includes sales of controllers, sensors, and actuators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Building Management and Control Systems Market Characteristics3. Building Management and Control Systems Market Trends and Strategies4. Building Management and Control Systems Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Building Management and Control Systems Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Building Management and Control Systems Market34. Recent Developments in the Building Management and Control Systems Market
5. Global Building Management and Control Systems Growth Analysis and Strategic Analysis Framework
6. Building Management and Control Systems Market Segmentation
7. Building Management and Control Systems Market Regional and Country Analysis
8. Asia-Pacific Building Management and Control Systems Market
9. China Building Management and Control Systems Market
10. India Building Management and Control Systems Market
11. Japan Building Management and Control Systems Market
12. Australia Building Management and Control Systems Market
13. Indonesia Building Management and Control Systems Market
14. South Korea Building Management and Control Systems Market
15. Western Europe Building Management and Control Systems Market
16. UK Building Management and Control Systems Market
17. Germany Building Management and Control Systems Market
18. France Building Management and Control Systems Market
19. Italy Building Management and Control Systems Market
20. Spain Building Management and Control Systems Market
21. Eastern Europe Building Management and Control Systems Market
22. Russia Building Management and Control Systems Market
23. North America Building Management and Control Systems Market
24. USA Building Management and Control Systems Market
25. Canada Building Management and Control Systems Market
26. South America Building Management and Control Systems Market
27. Brazil Building Management and Control Systems Market
28. Middle East Building Management and Control Systems Market
29. Africa Building Management and Control Systems Market
30. Building Management and Control Systems Market Competitive Landscape and Company Profiles
31. Building Management and Control Systems Market Other Major and Innovative Companies
35. Building Management and Control Systems Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Building Management and Control Systems Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on building management and control systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for building management and control systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The building management and control systems market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Hardware; Software; Services2) By Offering: Integrated Building Management Systems(BMS); Standalone Building Management Systems(BMS); Managed Building Management Systems(BMS)
3) By Communication Technology: Wireless Technologies; Wired Technologies
4) By Application: Residential; Commercial; Industrial
Subsegments:
1) By Hardware: Sensors; Controllers; Actuators; Communication Devices; Display Units2) By Software: Building Management Software (BMS); Energy Management Software; HVAC Control Software; Security Management Software; Integrated Workplace Management Systems (IWMS)
3) By Services: Consulting Services; Installation and Commissioning Services; Maintenance and Support Services; Training and Education Services; System Upgrades and Retrofits
Key Companies Mentioned: Siemens AG; Raytheon Technologies Corp.; International Business Machines Corporation; Cisco Systems Inc.; Schneider Electric SE
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Building Management and Control Systems market report include:- Siemens AG
- Raytheon Technologies Corp.
- International Business Machines Corporation
- Cisco Systems Inc.
- Schneider Electric SE
- Honeywell International Inc.
- ABB Ltd.
- Trane Technologies PLC
- Johnson Controls International PLC
- Ingersoll-Rand PLC
- Crestron Electronics Inc.
- Lutron Electronics Co. Inc.
- Sauter Controls AG
- Bajaj Electricals Limited
- Automated Logic Corporation
- Delta Controls Inc.
- KMC Controls Inc.
- Distech Controls Inc.
- Tridium Inc.
- BuildingIQ Inc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 71.18 Billion |
Forecasted Market Value ( USD | $ 103.79 Billion |
Compound Annual Growth Rate | 9.9% |
Regions Covered | Global |
No. of Companies Mentioned | 21 |