Press release
Building Automation System (BAS) market is expected to grow from $59.43 billion in 2017 to reach $166.99 billion by 2026 with a CAGR of 12.1%
Report Sellers has added a new market research report “Building Automation System - Global Market Outlook (2017-2026)” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.According to the report, the Global Building Automation System (BAS) market is expected to grow from $59.43 billion in 2017 to reach $166.99 billion by 2026 with a CAGR of 12.1%.
Rising in demand for energy-efficient systems, improvement of IoT in building automation system, growth of building automation-centric wireless protocols and wireless sensor network technology are some of the key factors fuelling the market growth. However, high installation price and lack of skilled labour are hindering the growth of the market.
Based on Offering, security and access control systems segment is estimated to have a substantial growth due to the need for increased level of security, activity monitoring, and access control has led to the rise in the demand. The demand for home security solutions is also rising at a rapid speed because of different factors such as technological advancements, increase in crime rates and monitoring the children at home. By Application, commercial application segment holds the significant growth due to the improved rate of implementation of BAS in large shopping complexes, office buildings, and public transport areas.
Browse through the complete description and in-depth TOC on “Building Automation System Market”
https://www.reportsellers.com/market-research-report/Building-Automation-System-Market
Report offering
• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements
Report Segments
• Communication Technologies Covered:
o Wired Technologies
o Wireless Technologies
• Offerings Covered:
o Facility Management Systems
o Fire Protection Systems
o Security and Access Control Systems
• BAS Services:
o Building Energy Management Software
o Other Offerings
• Applications Covered:
o Industrial Application
o Residential Application
o Commercial Application
o Government
o Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
For the Sample please visit link given below on “Building Automation System Market”
https://www.reportsellers.com/market-research-report/Building-Automation-System-Market
Related Reports:
• https://www.reportsellers.com/market-research-report/Automotive-Advanced-Shifter-System-Market
• https://www.reportsellers.com/market-research-report/Industrial-Control-and-Factory-Automation-Market
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