The objective of the
Intelligent
Buildings Management Systems (IBMS) is to centralize the
monitoring, control operations, efficient management of facilities
within the building. These systems helps to achieve more efficient
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 IBMS market in
India is fueled by growth of automation in the country, development
of green infrastructure, booming hospitality sector, technological
advancement, and economic growth. However, lack of skilled labor is
projected to hamper the development of the IBMS market in India.On
the basis of product, the IBMS market in India is segmented into
communication systems, access controls, entertainment controls,
general lighting controls, security controls, HVAC controls, outdoor
controls, and others. Valued at US$291.3 mn in 2014, security
controls dominated the IBMS market in India. This product segment is
anticipated to maintain its leading position through 2021, fueled by
surging demand for PIR sensors, CCTV cameras and others needed in the
safety of the country and its people.
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The IBMS market in
India is categorized into several application segments: life science,
hospitality, residential, and retail, centers of education and
learning, office spaces, energy and infrastructure, and
manufacturing. Generating a revenue of US$185.1 mn in 2014, the
segment of hospitality, residential, and retail dominated the IBMS
market. The growth in this sector can be attributed to rising demand
for IBMS in applications such as general lighting control, access
control systems, entertainment control systems, and security systems
in hotels, retail stores, and residential buildings across the
country.
By geography, the
India IBMS market is divided into North India, South India, East
India, and West India. In 2014, South India held the largest share of
the overall IBMS market, accounting for a share of over 30.0%. Driven
by growing application of IBMS in the reduction of energy consumption
and operating expenditure, high disposable income of the people,
well-established hotel and hospitality industry, and high degree of
industrialization, South India is anticipated to retain its lead
throughout the forecast period, expanding from its revenue share of
US$296.4 mn in 2014. East India, on the other hand, will emerge as
the most rapidly developing IBMS market by 2021, fueled by rising
construction in the region and increasing number of new
manufacturers.
The top
companies competing in the India IBMS market include Cisco
Systems, Inc., ABB India Ltd., ADT Corporation India, Crestron
Electronics India Pvt. Ltd., Honeywell Automation India Ltd.,
Control4 Corporation, Schneider Electric India Pvt. Ltd., Siemens
Building Technology Pvt. Ltd., Legrand Pvt. Ltd., and Johnson
Controls (India) Pvt. Ltd.
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