Building Automation System Market To See Astonishing Growth } Leading Players Are ABB, Honeywell International, Siemens, Ingersoll-Rand, Schneider Electric, Johnson Controls, Robert Bosch, Legrand
Global Building Automation System market is estimated to reach USD 73 billion by 2026, registering a healthy CAGR of 10.6% in the forecast period of 2019-2026. This rise in market value can be attributed to rising demand for the automation of security systems in building and technological developments.
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In this report, the Building Automation System market has been segmented on the basis of communication technology, offering, application, and region. Based on communication technology, the market has been segmented into wired technology and wireless technology. The Building Automation System market based on offering has been segmented into facility management systems, security & access control systems, fire protection systems, building energy management software, Building Automation System services, and others.
North America is Expected To Hold the Major Share
The building automation systems market in the region has been witnessing significant growth, as residential, commercial and industrial consumers are adopting tremendous energy-saving solutions with the deployment of building automation controls. Several key federal policy directives, rising energy costs, stringent regulations concerning greenhouse gas emissions, and growing awareness about the benefits of automation, are major factors driving the market in the region.
This is owing to rising level of construction activities in this region preferably in countries such as China and India, which are being listed as some of the fastest emerging or developing nations across the world.
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BEM (Building Energy Management) system
SAC (Security and Access Control) system
HVAC (Heating, Ventilation, and Air Conditioning) System
UK - Italy
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
Know More About Scope (Table Of Contents) Here https://www.databridgemarketresearch.com/toc?dbmr=global-building-automation-system-market
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