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18 Nov 2021  |  Asia Pacific  |  Market Research

Singapore Building Management System Growth Opportunities

Disruptive Technologies and Competition from Start-ups Stimulate the Progression of Building Management Solutions

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The Singapore building management system (BMS) market is forecast to expand with a 7.2% CAGR for 2021–2027. Although the positive growth over the forecast period is attributable to recovery from the pandemic, it will not reach the market size of pre-COVID-19 years. Growth is lower due to slower recovery in the construction sector until 2027. Althou...

The Southeast Asian building automation system (BAS) market is in its growth stage and presents a mixed bag of opportunities, which is marked by a high degree of regional variance with respect to market development and thus demand. This diversity necessitates customized solutions depending on the requirement of both the region and end user. The rap...

The COVID-19 pandemic has accelerated the need to automate buildings. There is an increasing need to manage buildings remotely, which demands the convergence of advanced analytics, artificial intelligence (AI), and emerging technologies with building automation systems (BAS). Currently, 90% of the BMS market in Vietnam is in the early stages of dig...

The Singaporean FM market is well developed with a comprehensive regulatory framework in place to drive the market. The strong outsourcing culture across the country, together with a conducive business environment, encourages both local and foreign service providers to establish their footprint in the country. The mature FM market in Singapore expe...

The Southeast Asian building management system (BMS) market is growing due to increasing urbanization, industrialization, and the emphasis on energy efficiency and sustainability. Industry convergence and the emergence of new technologies have contributed to a sharp increase in the adoption of digital solutions in buildings, thus boosting demand fo...

Thailand’s facility management (FM) market is experiencing consistent growth, largely due to the increasing trend of outsourcing FM services, which is further propelled by the expansion of commercial and industrial assets across the country. The adoption of smart, technology-enabled solutions is becoming more widespread, leading to greater operatio...

This research service covers the Southeast Asian Fire and Safety market. In this study, Fire and Safety includes Fire detection equipment, fire suppression equipment and other equipments related. In addition to the key research findings, this study highlights the market size, presents forecasts, describes the market trends and the competitive lands...

This research service highlights the Japanese home energy management system (HEMS) market. It includes an introduction, where an executive summary, the market overview, and an overview of Japan are provided. The overview of Japan, decribes the smart grid in Japan and discusses the inter-relationship between the HEMS and the residential photovoltaic...

This research service covers the Southeast Asian cable management systems market. In this study, cable management system (CMS) includes cable trays, trunkings, and conduits. In addition to the key research findings, this study highlights the market size, presents forecasts, describes the market trends and the competitive landscape, analyses the dis...