Press release
Commercial Building Automation Market is expected to reach US$108.49 bn by 2024 - Global Industry, Size, Share, Growth, Trends and Forecast
ResearchMoz added Latest Research Report titled " Commercial Building Automation Market - Global Industry, Size, Share, Growth, Trends and Forecast 2016 - 2024 " to it's Large Report database.Global Commercial Building Automation Market: Overview
One of the major factors driving the market for commercial building automation is increasing demand from key end user such as retail, healthcare, offices and hospitality sector among others. According to UNEP (United Nations Environment Program), buildings contribute to about one third of the total greenhouse gas emissions, mainly due to the usage of fossil fuels. In addition, a slow but gradual evolution of IoT sensors based technology has resulted in the emergence of solutions which are significantly more intelligent and have the ability to analyze granular aspects of buildings such as space utilization, gauging occupant’s comfort levels and similar derive business intelligence.
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Global Commercial Building Automation Market: Segmentation
Power supply, interfacing components, room automation, HVAC systems, security & surveillance, illumination & light sensors and others sectors are the various product types of the commercial building automation market. The power supply market is further segmented into UPS, battery modules and others. The interfacing components is further sub segmented into router, couplers and others. The room automation is further being sub segmented into I/O module, actuators & actuators module, controllers and others. Based on the various product types of commercial building automation, the HVAC systems segment constituted the biggest market share, followed by the security and surveillance segment, in 2015. Heating, ventilation and air-conditioning (HVAC) System is a technology used in building automation for vehicular and indoor environmental comfort. The heating, ventilation and air-conditioning (HVAC) are largely served in offices, healthcare, retail and hospitality sector among others, therefore, it holds the largest market among all the segments in the commercial building automation market.
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Highlights
Chapter 2 Assumptions and Research Methodology
2.1 Assumptions and Acronyms Used
2.2 Research Methodology
Chapter 3 Executive Summary
3.1 Market Snapshot
Chapter 4 Commercial Building Automation Market: Overview
4.1 Introduction
4.2 Key Trend Analysis
4.3 Drivers and Restraints Snapshot Analysis
4.3.1 Growth in global construction industry
4.3.2 Rising demand for energy conservation and reduction of overall costs
4.3.3 Government Initiatives for Constructing Green Buildings
4.3.4 Increasing Demand from Key End User Segments
4.4 Market Restraints
4.4.1 Interoperability of internal systems and Slow ROI
4.4.2 Cyber threats on Internet connected building automation components
4.4.3 High installation cost
4.5 Market Opportunities
4.5.1 Opportunity Analysis
4.5.2 Implementing ‘Deep Learning’ in building automation components
4.5.3 Affordable building automation for small and medium sized buildings
4.6 Commercial Building Automation: Market Attractiveness Analysis
4.7 Market Share by Key Players (%),2015
4.7.1 Competitive Strategies Adopted by Leading Players, By Regions
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