DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of Frost & Sullivan's new report "Strategic Analysis of the Australian Building Management and Control Systems Market" to their offering. This Frost & Sullivan research service titled Strategic Analysis of the Australian Building Management and Control Systems Market provides an overview of the building management and control systems (BMCS) market in Australia along with the analysis of key market drivers, restraints, and trends that are impacting market participants. Australian BMCS market revenue forecasts for each of the states analyzed in the study are provided along with legislative, technology, and growth trends in each segment. Market Overview Apart from the unprecedented economic downturn, the Australian BMCS market is challenged by various issues such as the drop in construction market activity, increasingly cost-conscious customers, scant product differentiation, and more intense competition. While the Australian Construction Forecast Council foresees a drastic decline in the non-residential construction market in all states, demand from the education, health, and age care sectors is likely to bolster the BMCS market. Opportunities still exist in the market as the Australian Government remains committed to the reduction of greenhouse gas (GHG) emissions in compliance with the Kyoto Protocol. The Australian Federal Government has committed a 5 to 15 percent cut in GHG emissions of its 2000 level by 2020. The building sector is responsible for a large proportion of electricity consumption in Australia and has a considerably large carbon footprint. Costs incurred toward GHG reduction will raise electricity prices and, in turn, raise the operational cost of buildings. This has proved challenging for building operators / owners facing an economic downturn. Offering the advantage of energy efficiency, building control systems will open doors for BMCS suppliers who are widening their product portfolios. Companies must be focused on offering a better value proposition, improving energy efficiency and cutting operational costs.
