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Building Management Systems to Reduce Energy Consumption in South Africa Says Frost & Sullivan  - Building management systems have traditionally been considered an unnecessary capital expenditure in South Africa, as energy prices were too low to justify a realistic payback period for the investment
Building Management Systems to Reduce Energy Consumption in South Africa Says Frost & Sullivan

 

PRZOOM - /newswire/ - Cape Town, South Africa, 2010/05/13 - Building management systems have traditionally been considered an unnecessary capital expenditure in South Africa, as energy prices were too low to justify a realistic payback period for the investment.

   
 
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However, South Africa is facing an impeding energy crisis and the increasing cost of power is significantly raising energy and operational expenditure for companies.

"Non-residential buildings account for approximately 40 per cent of the global energy usage," Says Frost & Sullivan Research Analyst Linda Harding. "Building management systems may reduce energy consumption by up to 30 per cent, whilst lowering operational costs and providing greater staff comfort and productivity levels."

New analysis from Frost & Sullivan (buildingtechnologies.frost.com), South African Market for Building Management Systems, finds that the market earned revenues of $19.2 million in 2008 and estimates this to reach $57.3 million in 2015. The markets covered in this research by end users are commercial offices, hospitals, retail, airports, hotels and financial services.

If you are interested in more information on this study, please send an email to Patrick Cairns, Corporate Communications, at patrick.cairns[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

"The current generation capacity crisis and associated rise in the price of power are and will continue to be the main drivers of growth of the South African building management systems market," says Harding. "South African electricity is fast becoming an expensive commodity, accounting for a far greater portion of a company's operating costs than it did two to three years ago."

Eskom, the public utility supplying national power, has proposed a 35 per cent annual price hike for electricity usage over the next 3 years, with a further 12 per cent increase in the fourth and fifth years. Business cases for energy-efficient projects, deemed too expensive and unnecessary a few years ago, are now being approved. This is spurring the demand for the installation of building management systems to monitor, control and optimise building functions and equipment, thereby considerably minimising energy and operational costs.

However, while systems for controlling various building equipment have been in use ever since commercial buildings have existed, the concept of an integrated building management system to control and optimise building functions is relatively new in South Africa. A large majority of building owners and tenants are unable to fully understand the benefits of these systems and are often discouraged by the capital outlay involved. This low level of awareness is a significant challenge for the South African building management systems market.

"Currently, only the largest and most complex buildings consider the installation of building management systems," explains Harding. "The concept of a building management system is largely misunderstood or misinterpreted to imply a large capital outlay, with no realistic return-on-investment (ROI)."

Offering clients a scalable and user-friendly building management system, with measurable ROI and energy savings, is not only important to secure contracts, but also critical in fostering customer loyalty and awareness. Establishing a strong and trustworthy reputation through a system's delivery of timely, integrated and reliable information will guarantee the manufacturer a strong market share and ultimately provide noteworthy value to the client.

"Despite a low awareness from end-users, the demand for building management systems in response to the energy crisis is expected to accelerate the maturity of the industry in South Africa," concludes Harding. "Increasing demand for building management systems is also likely to result in more companies entering the market, thereby leading to a reduction in the price of certain system components and the enhancement of system quality."

South African Market for Building Management Systems is part of the Building Management Technologies Growth Partnership Services programme, which also includes research in the following markets: South African Facilities Management Market, South African HVAC Market, South African Lighting Controls Market, and South African Security Systems Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

South African Market for Building Management Systems / M525

 
 
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Building Management Systems to Reduce Energy Consumption in South Africa Says Frost & Sullivan

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