Press release
Building Automation Systems Market Share to Exhibit Steady Growth in the Coming Decade
In reference to a new report published by Persistence Market Research, the global building automation systems market will showcase significant growth between 2016 and 2026. Manufacturers of building automation systems are rapidly adopting new regulations set across the globe and they are also lining up new products to meet rising market demand. The Persistence Market Research report titled, “Building Automation Systems Market: Global Industry Analysis & Forecast, 2016-2026”, talks in detail about the market psyche and also scrutinizes the market drifts which are expected to impact the future of the global building automation systems market. The global building automation systems market was valued more than US$ 43 Bn in 2015 and is expected to mint better revenue by the end of 2016, reaching approximately US$ 48 Bn. The market will continue its journey towards expansion and the market worth will reach US$ 141.1 Bn towards the end of 2026. The global building automation systems market will record a CAGR of 11.1% during the projected period.To remain ‘ahead’ of your competitors, request for a sample here@ https://www.persistencemarketresearch.com/samples/12823
Global Building Automation Systems Market: Factors and Trends Impacting Growth
Governments around the globe are rolling out different precautionary measures to cut down the wastage of energy. Different new regulatory methods are adopted to reduce the consumption of energy. This is a massive booster for the global building automation systems market. Several big economies around the globe such as Europe, US and Japan have already curated some restrictive methods to revise the previous trends. This opens a new window of opportunity for the global building automation systems market. A slew of new technologies that are eroding this market are actively affecting the global canvas of the market. Better and more advanced technologies are enhancing the end-user experience and also increasing market outreach. The introduction of smart web-based, cloud-based control networks backed by the Internet of Things (IOT), mobile technologies, integrated building systems and facility management solutions are expanding the periphery of the global building automation systems market. Last but not the least, the urgent need for consolidated security solutions is also pushing ahead the market growth of the global building automation systems market. These key factors will complement the all-round development of the market within the forecast period but there are also certain key factors that might barricade the normal development of the market within the period of forecast. Building automation systems come with a high price tag and this is expected to impact their widespread adoption. The absence of skilled manpower is another market growth deterrent.
Global Building Automation Systems Market: Revenue Forecast
The rising incidences of security violations across the globe are likely to impact the growth of the security and surveillance segment in the global building automation systems market. The security and surveillance segment will exhibit a robust growth in terms of revenue and will overshadow the market within the forecast period. The commercial segment will contribute notably to the global building automation systems market. Towards the end of the projected period, the commercial segment will touch a market worth of more than US$ 63 Bn and will record a CAGR of 10.9%. Apart from this the government and residential segments will also project promising growth trends by 2026 end. North America will lure maximum investors, as the building automation systems market in this region will exceed a whopping value of US$ 55 Bn by the close of 2026.
For critical insights on the keyword market, request for methodology here @ https://www.persistencemarketresearch.com/methodology/12823
Global Building Automation Systems Market: Top Contenders
The global market for building automation systems is crowded with several players. The Rheem Manufacturing Company, United Technologies, General Electric, Lennox International, Philips Lighting Holding B.V., Ingersoll-Rand Plc. Honeywell International Inc., Johnson Controls are some of the major players contributing to the growth of the market. They are establishing smart IT backed platforms to provide advanced building automation systems to their customers.
Contact us: 305 Broadway, 7th Floor
New York City, NY 10007 United States
Ph.no. +1-646-568-7751
E-mail id- sales@persistencemarketresearch.comWebsite: https://www.persistencemarketresearch.com
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Building Automation Systems Market Share to Exhibit Steady Growth in the Coming Decade here
News-ID: 2220839 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Building
U.S. Pre-engineered Metal Building Market Set for Explosive Growth| Star Buildin …
Archive Market Research published a new research publication on "U.S. Pre-engineered Metal Building Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the U.S. Pre-engineered Metal Building market was mainly driven by the increasing R&D spending across the world. Some of the key players…
Wireless Building Management System Know Your Building™
The world's most comprehensive Wireless Building Management System revolutionizing how we monitor, manage and monetise the real estate industry. It is an interplay of Hardware & Software.
Know Your Building™ is the progression of traditional building management and automation systems into an informative system. Using Know Your Building™ every kind of stakeholder in a building can derive value, from every point of a building like never before.
3rd Floor, Wework Chromium, Jogeshwari…
Global Building Automation & Control Systems (BACS) Market 2019 – ABB, Honeywe …
Global ABS Sensor Market report is a concise study which extensively covers all the market statistics of ABS Sensor Industry. All the business trends, product portfolio, business tactics, and ABS Sensor industry landscape view is explained. The comprehensive research methodology and verified data sources will lead to data accuracy, authenticity, and reliability. The statistical data and ABS Sensor industry verticals presented in this report will lead to informed decision making.
The…
Global Building Automation & Control Systems (BACS) Market 2019 – ABB, Honeywe …
Global Building Automation & Control Systems (BACS) Market report include current market scenario and offers a comprehensive analysis on Building Automation & Control Systems (BACS)industry, standing on the readers’ perspective, delivering detailed market data and understanding insights. It comprises inclusive important points that significantly affect the growth of the market at a global level. It analyzes present scenario along with future trends in the market. The report is made after…
Building Automation & Control System Market Insights and Forecast to 2025 | Hone …
Recent research and the current scenario as well as future market potential of "Global Building Automation & Control System Market Insights, Forecast to 2025" globally.
This report presents the worldwide Building Automation & Control System market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers,…
BUILDING SYSTEMS INTEGRATION AND BUILDING INTREGRATED SOLAR SYSTEMS
Optimizing energy performance in buildings requires an integrated approach to building systems design, analysis and implementation. Building-integrated Solar Systems (BISS) is an increasingly popular approach for using the building skin as a means to harvest solar energy.
More recent techniques involve systems of lighting, lighting controls, sensors and shading devices all integrated with the building skin, and in turn integrated with the building HVAC systems. Such design strategies can reduce heat…