Global Building Automation System Market Is Expected To Trace A Positive Exponential Curve From 2019-2025

ResearchMoz include new market research report "Global Building Automation System Market Size, Status and Forecast 2019-2025" to its huge collection of research reports.

Growing popularity of new technologies like Internet of Things, has impacted the product development and operations process of enterprises. Building automation system market is being introduced to new and existing buildings to automate various processes like heating, ventilation and air conditioning (HVAC), lighting, and many more. Furthermore, this technology is not limited to residential buildings but is also being implemented in commercial buildings and various sectors like healthcare.

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Building automation is the automatic centralized control of a building's heating, ventilation and air conditioning, lighting and other systems through a building management system or building automation system (BAS). The objectives of building automation are improved occupant comfort, efficient operation of building systems, reduction in energy consumption and operating costs, and improved life cycle of utilities.

The wired communication technology held a larger size of the BAS market in 2017. In terms of application, commercial application held the largest size of the BAS market in 2017. The increased rate of implementation of BAS in large shopping complexes, office buildings, and public transport areas such as airports and railway stations is encouraging the growth of the BAS market for commercial application.
APAC is expected to grow at the highest rate between 2018 and 2023. The rapid growth of the construction industry in this region, along with the government initiatives, has contributed to the growth of the BAS market in APAC.

In 2018, the global Building Automation System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Building Automation System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Building Automation System development in United States, Europe and China.

The key players covered in this study
Honeywell
Siemens
Johnson Controls
Schneider Electric
United Technologies
Robert Bosch
Legrand
Hubbell
ABB
Ingersoll-Rand
Lutron Electronics
Crestron Electronics
Buildingiq

Market segment by Type, the product can be split into
Wired Technology
Wireless Technology

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Market segment by Application, split into
Residential
Commercial
Industrial

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Building Automation System status, future forecast, growth opportunity, key market and key players.
To present the Building Automation System development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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