TMR

Intelligent Building Management Systems Market - India Industry Analysis and Forecast Up to 2021

Press Release   •   Dec 17, 2015 03:25 EST

The IBMS market in India was valued at USD 780 million in 2014, growing at a CAGR of 28.1% from 2015 to 2021. The IBMS majorly find applications across hospitality, retail, office building, energy and other infrastructure buildings. In addition, reduction of power consumption, need for occupant comfort and reduction of man power are the major drivers for the growth of this market in the country. The IBMS products such as general lighting controls, security controls, communication systems, access controls, HVAC controls and other are rapidly gaining importance across various industry verticals in India.

Browse The Market Research Report of Intelligent Building Management Systems Market : http://www.transparencymarketresearch.com/india-ibms-market.html

By geography, the India IBMS market has been segmented into South India, West India, North India and East India. The demand of IBMS is growing in the country owing to the augmenting importance of security control systems and access controls systems in varied sector such as real estate, hospitality and energy. In addition, the increasing demand for green buildings and hospitality industry is also boosting the market for IBMS in India. Further, the economic growth in India and increasing disposable income are positively influencing the growth of the IBMS market.

In 2014, South India was estimated to be the leading market for IBMS in India. The region is expected to dominate the market throughout the forecast period. The increasing application of IBMS for the reduction of operating expenditure and energy consumption is also acting as a key driver for the growth of this market in the region. South India has been estimated to account for more than thirty percent of the overall IBMS market in India. East India is analyzed to be the fastest growing region owing to the increasing number of new manufacturers and also the growing construction sector in the region.

Get FREE Sample PDF file of Intelligent Building Management Systems Market at :

http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5846

The India IBMS market can be categorized on the basis of products which include general lighting controls, communication systems, security controls, access controls, HVAC controls, entertainment controls, outdoor controls and others. The security controls held the highest market share in 2014 and is expected to continue its dominance throughout the forecast period. The escalating demand for CCTV cameras, PIR sensors and others required in the prevention of crimes boosts the market for security controls segment in the country.

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.