Transparency Market Research

Enterprise Building Solutions Market Is Segmented by Building Type Into Existing Building and New Building

 

Albany, NY -- (SBWIRE) -- 10/25/2018 -- Enterprise building solutions includes building automation and control systems which are centralized and interconnected networks of software and hardware that are used for monitoring and controlling the environment in industrial, commercial, and residential facilities. Such systems specifically control elevators, lighting, HVAC (Heating, Ventilation and Air Conditioning), and entertainment systems. These systems also ensure comfort and safety of the occupants and at the same time enhance the operational performance of the facilities. One of the major benefits of implementing enterprise building solutions are that building operations are simplified. For instance, if there is any fault with equipment in the building, with the help of graphical displays, one can determine the nature of fault. Moreover, Enterprise Building solutions provide innovative unified platforms with built in class structured cabling to cater the in house wireless solution and manage the network traffic.

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Avoiding business interruptions is another advantage of implementing enterprise building solutions. Unexpected power failure, breakdown in equipment, and emergency repairs can cause costly business interruptions especially when customers are involved. Enterprise building solutions frequently monitor equipment status and help in overcoming unexpected problems. Another advantage of enterprise building solutions is reduced maintenance cost. Since the equipment installed in the building is frequently monitored and optimally used, the maintenance cost due to wear-and-tear is reduced, thereby extending the equipment life.

The global enterprise building solutions market is segmented by building type into existing building and new building. On the basis of building size, the enterprise building solutions market is segmented into large and medium buildings, and small buildings. The end-user applications of the global enterprise building solutions market are residential, industrial, institutional, commercial and others. Commercial applications include offices, lodgings, retail, and healthcare among others. Educational, government, amusement, religious, and public recreation buildings are included under institutional applications. Industrial applications include manufacturing plants and non-manufacturing warehouses. Residential and commercial applications majorly contribute to the enterprise building solutions market.

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