Building Automation and Controls Market Overview and Outlook 2021 to 2027 | ABB, Siemens AG, Johnson Controls, Schneider Electric
Report covers in-depth analysis of key players, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. building automation and controls research report provides important market strategies and Latest trends with discussion of market consumption, major drivers, restraints and market share forecasted to 2027.
The global building automation and controls market report covers and explains a detailed analysis of the building automation and controls market segmentation, size, share, growth, trends and competitive landscape. According to the report the market is expected to register a considerable market growth by 2027. The impact of COVID-19, makes it important for the stakeholders to understand the building automation and controls industry. The report also describes and analyzes the growth of the building automation and controls market strategies.
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The building automation and controls market has grown rapidly over the past few years. Digital transformation projects across verticals witnessed huge uptake and are also expected to contribute further in the near future. The building automation and controls market gains popularity in various industries including IT & telecom, BFSI, and healthcare, owing to its supreme benefits such as high-speed random access of data and low power consumption.
The building automation and controls market is analyzed based on regions and competitive landscape in each region is mentioned. North America (United States, Canada and Mexico),Europe (Germany, France, UK, Russia and Italy),Asia-Pacific (China, Japan, Korea, India and Southeast Asia),South America (Brazil, Argentina, Colombia),Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). The report provides the SWOT analysis of the key market players including, Honeywell International, Beijer Electronics, ABB, Siemens AG, Johnson Controls, Schneider Electric, General Electric, Legrand, Lutron Electronics Co., and Control4 Corporation, which gives the business overview, financial analysis, and portfolio analysis of products and services
Based on product type, the HVAC control segment contributed to nearly two-fifths of the global building automation and controls market share in 2019, and is likely to maintain its dominance by 2020. The advancement in the HVAC system and penetration of artificial intelligence and IoT technology drive the growth of the segment. However, the lighting control segment is expected to exhibit the fastest CAGR of 12.40% throughout the forecast period. This is owing to increase in demand for intelligent street lighting systems, rise in need for energy-efficient lighting systems, and high penetration of LED bulbs and lightings.
Based on offerings, the integration segment accounted for more than three-fifths of the global building automation and controls market share in 2019, and is anticipated to retain its dominance till 2027. The growth in infrastructural development, increase in demand for energy efficient control system as well as security & access control drive the growth of the segment.
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The Report Answers the Following Key Questions
• Which are the leading market players active in the building automation and controls market?
• What would be the detailed impact of COVID-19 on the building automation and controls market size?
• How current building automation and controls market trends would influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the building automation and controls market?
• What are the projections for the future that would help in taking further strategic steps?
Key Benefits to the Stakeholders
• The report provides a qualitative and quantitative analysis of the current building automation and controls market trends, forecasts, and market size from 2020 to 2027 to determine new opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market player positioning segment provides an understanding of the current position of the market players active in the building automation and controls industry.
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Chapters of the Report are Mentioned Below:
CHAPTER 1: INTRODUCTION
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.1. Primary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.1. Top impacting factors
3.2.2.Top investment pockets
3.3.Porter’s five forces analysis
3.4.1.By Region (2012-2020)
3.4.2.By applicant (2012-2020)
3.5. Market dynamics
220.127.116.11.Surging need for advanced energy-efficient interventions
18.104.22.168.Growing deployment of building automation systems
22.214.171.124.Rise in demand for convenient user experience
126.96.36.199.Lack of interoperability between devices
188.8.131.52.Increase in development of smart cities in emerging countries
3.6.COVID-19 Impact Analysis
3.6.2.Impact on market size
CHAPTER 4: GLOBAL BUILDING AUTOMATION AND CONTROLS MARKET, BY PRODUCT TYPE
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3. Market size and forecast, by country
Key offerings of the report:
1. Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
2. Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
3. Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
4. Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
5. Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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