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Intelligent Building Automation Technologies Market Analysis With Key Players, Applications, Trends And Forecast To 2031
Intelligent Building Automation Technologies Market
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The global intelligent building automation technologies market report by the business research company Increasing energy-efficient projects to be a major growth driver for the intelligent building automation technologies market. Energy-efficient projects refer to a structure that maximises resource efficiency while maintaining comfortable living conditions within the home with the least amount of energy possible. Intelligent building automation solutions help energy-efficient projects by reducing energy consumption by 10% to 25%, making the buildings highly energy efficient. For instance, according to Energy Star, a voluntary U.S. Environmental Protection Agency (EPA) program, in 2021, more than 6,100 commercial buildings earned the Energy Star, saving nearly $1.5 billion and preventing more than 4.6 million metric tonnes of greenhouse gas emissions. Therefore, increasing energy-efficient projects are driving the growth of the intelligent building automation technologies market.
The global intelligent building automation technologies market size is expected to grow from $77.38 billion in 2021 to $84.58 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The intelligent building automation technologies market is expected to grow to $120.30 billion in 2026 at a CAGR of 9.2%.
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North America was the largest region in the intelligent building automation technologies market in 2021. The regions covered in this intelligent building automation technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the intelligent building automation technologies market are ABB, Azbil Corporation, Eaton Corporation, General Electric, Ingersoll Rand PLC, Siemens Building Technologies Inc, Schneider Electric, Honeywell International Inc, Hubbell Inc, Rockwell Automation Inc, United Technologies Corporation, Samsung, Delta Controls, Panasonic Holdings Corporation, and Bosch Security Systems
The global intelligent building automation technologies market is segmented -
1) By Type: Hardware, Software, Service
2) By Communication Technology: Wired Technology, Wireless Technology
3) By Application: Residential, Commercial, Industrial
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The Intelligent building automation technologies market Report Contents Include
1. Executive Summary
2. Intelligent Building Automation Technologies Market Characteristics
3. Intelligent Building Automation Technologies Market Trends And Strategies
4. Intelligent Building Automation Technologies Market - Macro Economic Scenario
5. Intelligent Building Automation Technologies Market Size And Growth
.......
26. Africa Intelligent Building Automation Technologies Market
27. Intelligent Building Automation Technologies Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Intelligent Building Automation Technologies Market
29. Intelligent Building Automation Technologies Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the intelligent building automation technologies market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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