Press release
Outstanding Growth of Building Automation Software Market is estimated to reach USD 48300 Million by 2023 | Global Key Players - Automated Logic, Honeywell, Johnson Controls, Schneider Electric, Siemens, BuildingIQ, Cisco
Building Automation Software Market
Global Building Automation Software Market Overview:
The Global Building Automation Software Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Building Automation Software market size to maintain the average annual growth rate of 21.61% from USD 11900 Million in 2014 to USD 21400 Million in 2018, market analysts believe that in the next few years, Building Automation Software market size will be further expanded, we expect that by 2022, The market size of the Building Automation Software will reach USD 48300 Million.
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The most significant key factors driving the growth of the Global Building Automation Software Market are high focus on designing and establishing energy-efficient and eco-friendly buildings and several benefits of Building Automation System (BAS), development of wireless protocols and wireless sensor network technology for Building Automation System (BAS), and rapid infrastructure growth in developing nations.
The Global Building Automation Software Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Building Automation Software Market is classified into BMS software and Standalone building automation software. On the basis of Application, the Global Building Automation Software Market is sub-segmented into Commercial buildings, Industrial buildings and others.
In terms of the regional analysis, the Building Automation Software Market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period (2019 - 2023). The rapid growth of the construction industry in developing countries, such as China and India, and government initiatives toward energy conservation have contributed to the growth of the Building Automation Software Market in Asia-Pacific. Countries such as China and India have aggressively started developing smart cities. Building Automation Software is acting as a key enabler in achieving these objectives by the respective countries.
Automated Logic Corporation (ALC) (January 15, 2019) –Introducing OptiPoint BACnet Thermostats that Feature Convenience with the Power of Building Automation – Automated Logic Corporation (ALC) is proud to introduce its new OptiPoint BACnet thermostats. These thermostats offer control of a building's heating, ventilating and air-conditioning (HVAC) system from inside a facility, or from any BACnet-compliant building management system (BMS), including ALC’s powerful WebCTRL building automation system. Automated Logic, a leading provider of innovative building-management solutions, is a part of Carrier, a leading global provider of innovative HVAC, refrigeration, fire, security and building automation technologies.
The new wall-mounted thermostats are compatible with single or multi-stage HVAC equipment, including rooftop units, heat pumps, fan coils, unit ventilators and unit heaters. On-board sensing options include temperature, humidity and motion detection, while integrated DIP switches make it easy to configure the specific equipment type and sequence of operation.
Available in two models – Standard and Plus – both versions feature a stylish design, neutral color, large backlit LCD displays and intuitive controls (push-buttons on the Standard, touch screen interface on the Plus), allowing occupants to easily control their comfort in facilities such as hotels, dorms, classrooms and offices.
Top Leading Key Manufacturers are: Automated Logic, Honeywell International, Johnson Controls, Schneider Electric, Siemens, Advantech, BuildingIQ, Cisco, Control4, ICONICS, Mass Electronics (Innotech), Trane, FIBARO, EUROICC and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Building Automation Software Market Report 2019” @ https://www.businessindustryreports.com/buy-now/107089/single .
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Building Automation Software in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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