Press release
Global Building Automation System Market Major Key Players are - ABB Ltd. (Switzerland), Cisco Systems, Inc. (U.S.), Robert Bosch GmbH (Germany)
Global Building Automation System Market Information, by Network (Wireless, Wired), by End-User (Commercial, Industrial, Residential), by Product (HVAC, Surveillance System, Fire Protection System, Lighting Control System) - Forecast 2022Market Synopsis of Building Automation System Market:
Market Scenario:
The Building Automation System is a conveyed control framework outlined particularly to screen and control the mechanical, security, fire, lighting, HVAC and, moistness control frameworks in a foundation. The total self-governing control of a building and its whole office is the significant reason for building computerization framework. It bolsters keeping up the building atmosphere, light rooms, screen execution and gadget disappointments and gives breakdown cautions. The Building Automation System is additionally alluded as shrewd building, keen building, or a savvy home. The customary technique for development devours over half of vitality which likewise expands cost of upkeep. The Building Automation System can screen and control different elements of a clever building in this manner spare vitality and related cost. Additionally, the expanding utilization of IP-based correspondence and mechanization innovation is foreseen to additionally support the advancement of Building Automation System advertise.
The developing interest of savvy building mechanization framework by buyers is one of the central point driving the development of the market. Different elements, for example, expanding IOT advertise, developing development industry particularly creating nations are likewise anticipated that would drive the development of building mechanization framework showcase. Be that as it may, specialized restriction and absence of talented aptitude is relied upon to hamper the development of Building Automation System advertise amid gauge period 2016-2022.
Universally the Building Automation System Market is required to develop at the rate of over ~13% from 2016 to 2022.
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Target Audience of Building Automation System Market:
• OEMs
• Network service providers
• Real estate
• Software vendors
• Suppliers & distributors
• Research & consultancy
• End-users
• Technology providers
• Cloud and network service providers
Key Players for Building Automation System Market:
Some of the major players in Global Building Automation System Market includes ABB Ltd. (Switzerland), Cisco Systems, Inc. (U.S.), Robert Bosch GmbH (Germany), Siemens AG (Germany),Crestron Electronics, Inc. (U.S.), Delta controls, Inc. (U.S.), Rockwell Automation (U.S.), Schneider electric SE (France), General electric (U.S.), Honeywell International Inc. (U.S.), Lutron Electronics Co., Inc. (U.S.) and others.
Study Objective of Building Automation System market:
• To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global building automation system
• To provide insights about factors affecting the market growth.
• To analyze the building automation system market based on various factors- porters five force analysis, mega trend analysis, macroeconomic indicators etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment by network connectivity, product, end-users and sub-segments.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global building automation system
Segments for Building Automation System Market:
Global Building Automation System Market can be segmented as follows:
Segmentation by Network connectivity: Wireless and wired network.
Segmentation by Product: Light control systems, HVAC control systems, surveillance systems, fire protection systems, and, management software.
Segmentation by End-Users: Commercial, Industrial and residential.
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Regional Analysis of Building Automation System Market:
The growing trend of implementing stringent rules & regulations by government to increase energy efficient solutions in construction industry is expected to boost the market of building automation system in the forecast period. Also, growing awareness about safety & security at workplaces, and increasing interest of consumers towards green & smart building is also fuelling the market growth of building automation system market.
Geographically, North America is expected to dominate the building automation system market during the forecast period 2016-2022 due to growing implementation of building automation system in U.S. construction industry. Also, changing regulatory policies, increasing energy cost is adding fruitful growth in the market. Asia-Pacific is projected to be the fastest growing market in building automation system during 2016-2022. The growth in construction industry and increasing demand of smart buildings among consumers is driving the growth of this market. Increasing industrial growth in developing countries namely India, China and Japan is fuelling the market growth of building automation system in Asia-Pacific region.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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