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Commercial Building Automation Market 2019 - Cisco Systems, Inc., Hubbell Incorporated, ABB Ltd, Honeywell International Inc., Robert Bosch GmbH
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The main objective of these systems includes the efficient operation of building systems, reduction in operating costs and energy consumption, improved occupant comfort, and improved life cycle of utilities. It improves management activities of the entire infrastructure through easy to use software interfaces, which can be accessed using portable electronic devices such as tablets and smart-phones irrespective of their physical location.
Major Market Players Included in This Report:
• Cisco Systems, Inc.
• Hubbell Incorporated
• ABB Ltd
• Honeywell International Inc.
• Robert Bosch GmbH
• Johnson Controls International plc
• Schneider Electric S.E.
• Ingersoll-Rand plc
• Siemens AG
• United Technologies Corporation
Growth in need for energy-efficient commercial buildings drives the market. In addition, technological advancement such as IoT in building automation system, adoption of various protocols of building automation as well as rise in demand for building automation within the small and medium sized buildings propel the growth of the market. However, lack of skilled labors, technical issues, and high cost of implementation limits the growth of this market. Furthermore, emergence of wireless commercial building automation system and favorable government initiatives is expected to provide numerous opportunities for the growth of the market.
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The commercial building automation market is segmented on the basis of end user, product type, communication technology, and region. End user segment covered in this study include hospitals and healthcare facilities, airports, railway, office buildings, and retail and public assembly buildings.
Based on product type, the market is segmented into facility management systems, fire protection systems, security and access control systems, building energy management software, BAS services, and others. By communication technology, the market is bifurcated into wired technologies and wireless technologies. Based on deployment type, the market is classified into cloud and on-premise. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Commercial Building Automation Market Key Segments:
By End User
• Hospitals and Healthcare Facilities
• Airports
• Railway
• Office Buildings
• Retail and Public Assembly Buildings
By Product Type
• Facility Management Systems
• Fire Protection Systems
• Security and Access Control Systems
• Building Energy Management Software
• BAS Services
By Communication Technology
• Wired Technologies
• Wireless Technologies
By Deployment Type
• Cloud
• On-Premise
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