Building Management Systems in vogue
By India Abroad News Service   |   Monday, 04 December 2006, 18:30 IST
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Bangalore: The exceptional performance of the industrial sector and the unprecedented construction boom in India has surprised the building management systems industry. Changing attitude and preference for state-of-the-art building technologies have increased the demand for fire, safety, security, and building automation systems substantially, resulting in a remarkable growth, which has surpassed even the most optimistic expectations of many in the industry. According to Frost & Sullivan’s recent market study “Indian Market for Fire and Security Systems, HVAC Controls and Integrated Building Management Systems”, the total market for integrated building management systems (IBMS) is estimated at $46.5 million, during 2005-2006. Besides IBMS, the research service provides market size estimates for stand-alone product groups such as Building Automation Systems (BAS), Fire Detection and Alarm Systems (FDAS), Surveillance Systems (CCTV Systems), and Electronic Access Control Systems (EACS). If you are interested in a virtual brochure that provides an overview of the Indian Market for Fire and Security Systems, HVAC Controls and Integrated Building Management Systems, then send an e-mail to Samantha Unnikrishnan/ Nimisha Iyer, Corporate Communications, at sunnikrishnan@frost.com/ niyer@frost.com with your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail. This comprehensive study, which is the first of its kind in India, provides market analysis for stand-alone products and integrated systems, and offers insights into the future prospects for these products. According to Frost & Sullivan, the market for IBMS is growing at a much faster rate than other product groups. “While the demand for building automation is driven by construction boom in the commercial and industrial sectors, we see that the push for modern building management systems comes chiefly from consultants and architects, and also builders, who are ready to make necessary investments” observes Frost & Sullivan Research Analyst Sanam Naglekar. IT/ITES, commercial office complexes, and large retail malls, which are the top three end-user segments, account for a major share of the demand for building management products and systems in India. These segments continue to remain the focus of marketers who anticipate a healthy growth in the number of projects in the future. While these end-user segments have been putting up an outstanding performance due to the strong domestic and global economic growth, there is no denial that end-user awareness and preference for modern building technologies are the key drivers for market demand. Growing safety and security concerns in India has put the need for continuous monitoring and security systems on top of corporate India’s priority list. Anticipating good growth prospects, a large number of product manufacturers, third-party system integrators, and large turnkey contractors are entering the market hoping to cash in on the emerging market opportunities. The growth in the number of such companies is remarkable and is expected to increase further in the next couple of years. “Improving service support and quality levels, managing end-user perceptions about system performance, developing low-cost products and systems, are some of the challenges the industry will have to work on to improve business prospects” adds S. Mushtaq Md Khan, Program Manager, Environment & Building Technologies Practice. With more third-party system integrators entering the Indian market, product companies should come up with superior technology products and product integration support, which are better than at present. Currently, prevalence of proprietary systems and associated integration issues limit the acceptability and functionality of products, as they increase system and maintenance costs.

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