Building Automation System Market Growth by Top Companies 2026: Siemens, Crestron Electronics, ABB, Honeywell, Bosch, Ingersoll Rand, Lutron Electronics, Legrand, United Technologies, Johnson Controls, Emerson and Cisco

Building Automation System Market research report is a professional and in-depth Research on the current state of the Building Automation System market. Report gives comprehensive analysis of the market structure along with forecast of the various segments and sub-segments of the building automation system market. After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report's authors in the study.

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%.

Some Of The Key Players Profiled In The Building Automation System Market Include:

· Siemens AG

· Schneider Electric SE

· Robert Bosch GmbH

· Hubbell Inc.

· Ingersoll-Rand PLC

· Crestron Electronics, Inc.

· Distech Controls Inc.

· Buildingiq

· Lutron Electronics Co., Inc.

· ABB Ltd.

· Legrand SA

· United Technologies Corp

· Johnson Controls International PLC

· Honeywell International Inc.

· Mitsubishi Electric Corporation

· Emerson Electric Co.

· General Electric

· Cisco Systems,Inc

· Bosch Security Systems

· Philips Lighting Holding B.V

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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.

By Geography, Asia Pacific is expected to be the fastest-growing market. The growth is attributed to the huge economic growth witnessed by the major countries in this region. The rapid increase of the construction industry in this region, in addition to the government initiatives are expected to drive the market growth.

Communication Technologies Covered:

• Wired Technologies

• Wireless Technologies

Offerings Covered:

• Facility Management Systems

• Fire Protection Systems

• Security and Access Control Systems

• BAS Services

• Building Energy Management Software

• Other Offerings

Applications Covered

• Industrial Application

• Residential Application

• Commercial Application

• Government

• Other Applications

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Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Market, By Type

6 Market, By Software Algorithm

7 Market, By Product

8 Market, By Protocol And Technology

9 Market, By Geography

10 Key Developments

11 Company Profiling

What our report offers:

- 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 9 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

Customization Options

• All segmentation provided above in this report is represented at country level and can be customized according to needs.

• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).

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About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

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Research for Markets

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This release was published on openPR.