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Thailand Building Management Systems Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034

Publisher Global Market Insights
Published Sep 08, 2025
Length 129 Pages
SKU # GMI20431801

Description

Thailand Building Management Systems Market was valued at USD 465.7 million in 2024 and is estimated to grow at a CAGR of 15.3% to reach USD 1.9 billion by 2034.

The rapid growth is driven by Thailand’s increasing focus on energy efficiency, smart city initiatives, and sustainability regulations, which are encouraging widespread adoption of advanced building automation technologies. Major infrastructure developments such as ICONSIAM and One Bangkok exemplify the demand for integrated systems that optimize energy use, enhance occupant comfort, and reduce operational costs. The market is being reshaped by technological advancements in IoT, AI, and cloud computing, which enable predictive maintenance, real-time monitoring, and data-driven decision-making. Thailand’s National Energy Plan (NEP) and push for net-zero emissions have further accelerated the adoption of green-certified buildings (LEED, TREES) and intelligent BMS platforms. Additionally, cloud-based deployment models are witnessing strong momentum for their scalability and cost efficiency, particularly in urban hubs and smart city projects.

Among components, the hardware segment generated USD 188.3 million in 2024, supported by rising demand for HVAC controllers, sensors, actuators, and access control devices. The surge in adoption is being driven by Thailand’s fast-paced urbanization, construction of high-rise towers, and the government’s push for sustainable building standards such as TREES and LEED. Hardware forms the backbone of Building Management Systems, enabling real-time monitoring, automation, and seamless integration of various subsystems.

The integrated BMS segment was valued at USD 197.2 million in 2024, as developers and facility managers increasingly prefer centralized systems that unify HVAC, lighting, security, and energy management under one platform. This preference reflects the country’s ongoing shift from standalone and fragmented solutions toward holistic, intelligent building ecosystems. Integrated BMS platforms offer significant cost savings through reduced energy consumption, simplified facility operations, and improved occupant comfort, all of which are becoming top priorities for Thailand’s commercial real estate sector.

By system type, the energy management solutions segment generated USD 117.1 million in 2024, reflecting Thailand’s rising electricity prices, growing sustainability commitments, and the increasing need for operational cost savings. Energy management modules allow facility owners to monitor, benchmark, and optimize energy usage across HVAC, lighting, and power distribution systems, enabling both regulatory compliance and significant reductions in utility expenses. With AI-enabled energy analytics and cloud-based reporting tools becoming more widely available, Thailand’s energy management segment is expected to remain the fastest-growing and most strategically significant part of the BMS ecosystem.

Key players in the Thailand Building Management Systems Market include Schneider Electric, Siemens AG, Johnson Controls, Honeywell International, ABB, Mitsubishi Electric, Legrand SA, Trane Technologies, Bosch Sicherheitssysteme GmbH, Carrier Global Corporation, Emerson Electric Co., Delta Controls Inc., Beckhoff Automation GmbH, BuildingIQ Inc., and Crestron Electronics Inc. These companies are leveraging partnerships, AI-driven automation, and open-protocol platforms to strengthen their market presence. As Thailand accelerates its smart infrastructure vision, the BMS market is poised for substantial expansion, underpinned by green building compliance, cloud adoption, and integrated facility management demand. With government regulations aligning with global sustainability goals and developers embracing AI-powered automation, the Thai BMS market is set to evolve into a cornerstone of the nation’s energy-efficient and digitally connected future.

Table of Contents

129 Pages
Chapter 1: Methodology
1.1. Research Design
1.1.1. Research approach
1.1.2. Data collection methods
1.1.3. Base estimates and calculations
1.1.4. Base year calculation
1.1.5. Key trends for market estimates
1.2. Forecast model
1.3. Primary research & validation
1.3.1. Some of the primary sources (but not limited to):
1.3.2. Inputs from primary interviews:
1.3.3. Data Mining Sources
1.3.3.1. Secondary Sources
1.3.3.2. Paid Sources
1.3.3.3. Public Sources
1.3.3.4. Sources, by region
Chapter 2: Executive Summary
2.1. Industry snapshot
2.2. Business trends
2.3. Component type trends
2.4. Type trends
2.5. System Type trends
2.6. Deployment type trends
2.7. End use trends
Chapter 3: Industry Insights
3.1. Industry snapshot
3.1.1. Raw Material Supply
3.1.2. System Integrator
3.1.3. Distribution and Sales
3.1.4. End user
3.1.5. Vendor matrix
3.2. Industry impact forces
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Energy efficiency and sustainability initiatives
3.3.1.2. Technological advancements in IoT and automation
3.3.1.3. Increasing adoption of smart building solutions
3.3.1.4. Regulatory pressures and energy efficiency standards
3.3.1.5. Rising demand for integrated facility management
3.3.2. Pitfalls & challenges
3.3.2.1. High initial investment costs
3.3.2.2. Interoperability and integration issues
3.4. PESTEL Analysis
3.5. PORTER’S Analysis
3.6. Regulatory landscape
3.7. Future Market Trends
3.7.1. Integration of Artificial Intelligence (AI) and Machine Learning (ML) for Smart Decision-Making
3.7.2. Rise of IoT-Enabled and Wireless Building Management Solutions
3.7.3. Energy Efficiency and Green Building Compliance Driving BMS Demand
3.7.4. Cybersecurity and Data Privacy Becoming Central to BMS Architecture
3.7.1. List of SI/distributor in Thailand
Chapter 4: Competitive Landscape, 2024
4.1. Introduction
4.2. Company market share analysis, 2024
4.2.1. Competitive positioning matrix
4.2.2. Strategic outlook matrix
4.3. Key developments, 2021-2024
4.3.1. Strategic Initiative
Chapter 5: Thailand Building Management Systems Market, By Component ($ Million)
5.1. Key Trends
5.2. Hardware
5.3. Software
5.4. Services
Chapter 6: Thailand Building Management Systems Market, By Type ($ Million)
6.1. Key Trends
6.2. Standalone BMS
6.3. Integrated BMS
6.4. IoT-based BMS
6.5. List of BMS Providers
Chapter 7: Thailand Building Management Systems Market, By System Type ($ Million)
7.1. Key Trends
7.2. HVAC Systems
7.3. Energy Management
7.4. Security and Access Control
7.5. Smart Building Integration
7.6. Facility Management System
7.7. Emergency Management
7.8. Others
7.9. List of BMS Providers
Chapter 8: Thailand Building Management Systems Market, By Deployment ($ Million)
8.1. Key Trends
8.2. On-premises
8.3. Cloud
Chapter 9: Thailand Building Management Systems Market, By End Use ($ Million)
9.1. Key Trends
9.2. Commercial Building
9.3. Industrial Building
9.4. Residential Building
9.5. Government & Institutional Buildings
9.6. List of BMS Providers
9.7. List of stakeholders by end use
Chapter 10: Building Management Systems Market, By Country ($ Million)
10.1. Key trends
Chapter 11: Company Profile
11.1. ABB Ltd.
11.1.1. Financial Data
11.1.2. Product Landscape
11.1.3. Strategic Outlook
11.1.4. SWOT Analysis
11.2. Bosch Sicherheitssysteme GmbH
11.2.1. Financial Data
11.2.2. Product Landscape
11.2.3. Strategic Outlook
11.2.4. SWOT Analysis
11.3. Carrier Global Corporation
11.3.1. Financial Data
11.3.2. Product Landscape
11.3.3. Strategic Outlook
11.3.4. SWOT Analysis
11.4. Delta Controls Inc.
11.4.1. Financial Data
11.4.2. Product Landscape
11.4.3. SWOT Analysis
11.5. Honeywell International Inc.
11.5.1. Financial Data
11.5.2. Product Landscape
11.5.3. Strategic Outlook
11.5.4. SWOT Analysis
11.6. Johnson Controls International plc
11.6.1. Financial Data
11.6.2. Product Landscape
11.6.3. Strategic Outlook
11.6.4. SWOT Analysis
11.7. Legrand SA
11.7.1. Financial Data
11.7.2. Product Landscape
11.7.3. Strategic Outlook
11.7.4. SWOT Analysis
11.8. Mitsubishi Electric Corporation
11.8.1. Financial Data
11.8.2. Product Landscape
11.8.3. SWOT Analysis
11.9. Schneider Electric SE
11.9.1. Financial Data
11.9.2. Product Landscape
11.9.3. SWOT Analysis
11.10. Seimens AG
11.10.1. Financial Data
11.10.2. Product Landscape
11.10.3. SWOT Analysis
11.11. Trane Technologies plc
11.11.1. Financial Data
11.11.2. Product Landscape
11.11.3. SWOT Analysis
11.12. Beckhoff Automation GmbH & Co. KG
11.12.1. Financial Data
11.12.2. Product Landscape
11.12.3. SWOT Analysis
11.13. BuildingIQ Inc.
11.13.1. Financial Data
11.13.2. Product Landscape
11.13.3. SWOT Analysis
11.14. Crestron Electronics, Inc.
11.14.1. Financial Data
11.14.2. Product Landscape
11.14.3. SWOT Analysis
11.15. Emerson Electric Co.
11.15.1. Financial Data
11.15.2. Product Landscape
11.15.3. SWOT Analysis
Chapter 12: Appendix

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