Press release
Global building automation and control systems market to grow at a CAGR of 9.52% during the period 2017-2021
Description
Building automation and control systems are solutions installed in buildings to increase the operational efficiency and to reduce the overall energy consumption. It provides automatic centralized control and monitoring of the building lighting systems, HVAC, and safety and access systems among others. It develops software for an efficient building management system. These systems are primarily installed in commercial, residential, government, and various types of public buildings. Commercial buildings are the major end-users of building automation systems followed by residential and government premises. The segment is showing significant growth attributed primarily to the increased demand for enhanced energy efficiency and faster automation systems in building management.
Technavios analysts forecast the global building automation and control systems market to grow at a CAGR of 9.52% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global building automation and control systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of building automation and control systems.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Building Automation and Control Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Automated Logic
Honeywell
Johnson Controls International
Schneider Electric
Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/1063503
Other prominent vendors
ABB
Beckhoff Automation
Bosch Sicherheitssysteme GmbH
CONTROL4
DELTA CONTROLS
Distech Controls
Dwyer
Emerson Electric
Evon Technologies
Itron
Legrand
Lutron
Siemens
Market driver
Customization of automation and building control systems
For a full, detailed list, view our report
Market challenge
Lack of product differentiation
For a full, detailed list, view our report
Market trend
Increased reliance on wireless technologies
For a full, detailed list, view our report
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