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Massive Increasing Demand of Smart Building Automation Systems Market during 2019-2024 (Key Players: ngersoll Rand Inc, ABB Ltd, Honeywell International, Eaton Corporation, Rockwell Automation, Johnson Controls Inc)

10-22-2019 05:21 PM CET | Industry, Real Estate & Construction

Press release from: Worldwide Market Reports

Smart Building Automation Systems

Smart Building Automation Systems

The market has witnessed considerable growth owing to factors such as growing concerns over global warming, rising energy prices, and increasing awareness regarding energy conservation. Rising use of renewable energy sources and increasing awareness among consumers about environmental protection will further drive the market.

Building automation systems (BAS) integrate lighting, energy, safety, and security systems into one intuitive system, which balances optimum efficiency with productivity and occupant comfort. Growing awareness for life safety and security among the population is expected to favour market growth. People are becoming aware of financial losses incurred due to natural or man-made calamities such as floods, earthquakes, terrorist attacks, or construction fires.

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Increasing need for enhanced security and safety in intelligent buildings is also expected to considerably contribute to intelligent building automation technologies market growth. Adoption of various protocols of building automation, development of open-ended architecture, easy access to technological developments, and implementation of intelligent BAS in residences are expected to support industry growth on a large scale. Intelligent building automation technologies analyse and monitor the performance of buildings in terms of sustainability, comfort, and productivity. Also, these technologies are used in residences for micro-grid management.

Europe Market growth can be attributed to EU directives such as the Energy Performance of Buildings Directive, aimed at improving the energy performance of a building. Moreover, rising implementation of security systems by home owners is expected to keep growth prospects upbeat. The Asia Pacific market is expected to witness increased traction due to adoption of intelligent building automation technology in emerging economies such as China and India. Moreover, governments in countries such as India, South Korea, and China are making investments in the development of smart cities. Middle East and Africa is expected to witness significant growth over the forecast period owing to huge investments in the development of public infrastructure.

Global Smart Building Automation market competition by top manufacturers/players, with Smart Building Automation sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player including Ingersoll Rand Inc, ABB Ltd, Honeywell International, Eaton Corporation, Rockwell Automation, Johnson Controls Inc, General Electric, Schneider Electric, Siemens Building Technologies Inc, AZBIL Corporation, Echelon, Tyco International

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Table of Contents
1 Smart Building Automation Market Overview
2 Global Smart Building Automation Competition by Players/Suppliers, Type and Application
3 United States Smart Building Automation (Volume, Value and Sales Price)
4 China Smart Building Automation (Volume, Value and Sales Price)
5 Europe Smart Building Automation (Volume, Value and Sales Price)
6 Japan Smart Building Automation (Volume, Value and Sales Price)
7 Southeast Asia Smart Building Automation (Volume, Value and Sales Price)
8 India Smart Building Automation (Volume, Value and Sales Price)
9 Global Smart Building Automation Players/Suppliers Profiles and Sales Data
9.1 Ingersoll Rand Inc
9.1.1 Company Basic Information, Manufacturing Base and Competitors
9.1.2 Smart Building Automation Product Category, Application and Specification
9.1.2.1 Product A
9.1.2.2 Product B
9.1.3 Ingersoll Rand Inc Smart Building Automation Sales, Revenue, Price and Gross Margin (2012-2017)
9.1.4 Main Business/Business Overview
10 Smart Building Automation Manufacturing Cost Analysis
Continue . . .

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