The market for building automation equipment in institutional users such as education and hospitals will see double digit growth over the coming three years, according to the latest research from IMS Research.
William Rhodes, market analyst at IMS Research, said: 'Schools and hospitals are large consumers of energy, with the occupants of the building often not paying the bill.
'Institutional facilities are also long term users of their buildings and infrastructure, which enables them to install equipment that has a longer payback period. Building automation is one way in which these types of facilities can maximize energy efficiency and save money in a time of budget cuts and austerity measures.'
Institutional users are, according to IMS Research, in a prime position to take advantage of the movement to intelligent buildings because they are large consumers of energy, use many operational systems and are long term users of a facility.
It added: 'The management of the buildings environment, physical security and other systems in a single unified solution can save energy and ensure the building runs as efficiently as possible.'
To find out more, contact IMS Research:
enquiries@imsresearch.com; T: +44 (0) 1933 402255;
http://imsresearch.com
