Global Building Automation Controllers Market: Programmable Logic Controllers dominate in the Building Automation System

Growth markets for smart buildings in developed and developing countries need to support the demand for BAS. According to the Johnson Controls 2018 Energy Efficiency Index Survey, US companies plan to invest more in smart building measures such as building management and building system integration than traditional energy efficiency measures. The Canadian building strategy adopted in 2017 focuses on Netzero energy buildings, focusing on efficiency and reducing greenhouse gas emissions. Governments in all regions are actively involved in setting energy consumption limits. For example, the Government of Canada emphasizes energy savings through smart buildings in offices and homes.

At the same time, the Government of India also developed the Energy Saving Building Standards Act (ECBC), which sets the minimum standards for energy efficiency of buildings, covering the exterior walls of buildings, heating, ventilation, and air conditioning. Therefore, increasing adoption of connected systems may help such areas save energy. In Europe, the Smart Readiness Index was adopted to promote smart building technology as part of the 2018 revision of the European Building Energy Performance Directive. The European Clean Energy for All Initiative includes a program with the European Investment Bank to fund smart buildings.

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The report covers forecast and analysis for the Building Automation Controllers market on a global and regional level. The study provides historic data of 2016 to 2020 along with a forecast from 2022 to 2030 based on revenue (USD million) & volume (Million Units). 2020 is considered as a base year for the report. The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Building Automation Controllers market on a global level and regional levels.

In order to give the users of this report a comprehensive view on the Building Automation Controllers market, we have included a detailed competitive scenario, and service portfolio of key vendors. To understand the competitive landscape in the market, an analysis of porter’s five forces model for the Building Automation Controllers market has also been included. The study encompasses a market attractiveness analysis, wherein each segment is benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view on the Building Automation Controllers market by segmenting the market based on the Type, application and end user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2030. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, South America, and Middle East & Africa.
The report covers a detailed competitive outlook including company profiles of the key participants operating in the global Building Automation Controllers market.

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