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Global Intelligent Building Automation Technologies Market 2023 Latest Insights, Segmentation Analysis, Business Outlook, Technology Scouting And Forecast To 2032 | Top Key Players Are ABB, Azbil Corporation, Eaton Corporation, General Electric, Ingersoll
Intelligent Building Automation Technologies Market
Intelligent Building Automation Technologies Market Size, Growth Rate, And Forecast:
The global intelligent building automation technologies market size grew from $83.82 billion in 2022 to $91.04 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. 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, causing inflation across goods and services and affecting many markets across the globe. The intelligent building automation technologies market size is expected to grow to $126.38 billion in 2027 at a CAGR of 8.5%.
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Intelligent Building Automation Technologies Market Drivers:
Increasing energy-efficient projects are expected to propel the growth of the intelligent building automation technologies market going forward. Energy-efficient projects refer to a structure that maximizes 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.
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Intelligent Building Automation Technologies Market Segments:
By Type: Hardware, Software, Service
By Communication Technology: Wired Technology, Wireless Technology
By Application: Residential, Commercial, Industrial
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Intelligent Building Automation Technologies Market.
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Intelligent Building Automation Technologies Market Key Players:
Major competitors in the intelligent building automation technologies market include ABB, Azbil Corporation, Eaton Corporation, General Electric, Ingersoll Rand PLC, Siemens Building Technologies Inc., Schneider Electric, Honeywell International Inc
The Business Research Company's "Global Intelligent Building Automation Technologies Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Intelligent Building Automation Technologies Market 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
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