Press release
Building Automation System Industry 2017 Market Size, Share and Growth Analysis Research Report
Market Research Future Publish a New Report on - “Building Automation System Market Research Report - Global Forecast to 2022”Building Automation System Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• 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.)
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Market Highlights:
The global Building Automation System market has been evaluated as growing market and expected that the market will touch high growth figures in Asia-Pacific region during forecast period.
With growing technology advancements, Building Automation System has created its high demand in industries to effectively monitor emerging carbon dioxide & combine sensors, lighting control of a building, dimming systems, and conservation of energy resources. It has the ability of reducing maintenance cost of a building and diagnose an operational problem rather than arranging a maintenance crew to search and solve the issue. Due to its high advantage over conventional building model it is attracting commercial, industrial and residential industry and propelling its market growth during forecast period 2016-2022.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Building Automation System Market Research Report -Forecast to 2022.”
Market Research Analysis:
Geographically, North America is expected to dominate the building automation system market during forecast period 2016-2022. The growing investment by organizations to increase their productivity and growing market of smart infrastructure in U.S. and Canada countries is driving the high market growth of building automation system in the region. Europe is also showing high growth opportunity in the building automation system market due to high demand of energy efficient commercial, and residential infrastructure. Also, increasing deployment of sensors in smart control system to ensure safety & security in the public as well as private places is expected to fuel the market growth in coming years. Furthermore, Asia-pacific is witnesses to be the fastest growing region for building automation system market during forecast period 2016-2022 due to growing developing economy such as India, China, Japan, and, Singapore and growing need of biometric based security systems in the buildings. Also, companies such as Siemens, Schneider electric, and Honeywell automation are among those key players who are investing in deployment of system integration & solutions in building automation & control systems in India. The growing investment by key players in the region is projected to bring high growth in the market by 2022.
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Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
“The building automation system has high advantages over conventional building model. It has ability to save around 5-15% of overall building energy consumption. Moreover, it reduces overall building maintenance cost as it is capable of identifying operational problems. These advantages of building automation system are attracting construction industry and government to invest in the technology. However, technical limitation and lack of expertise is expected to hinder its growth in the forecast period 2016-2022”
Table of Content
1. Executive Summary
2. Research Methodology
2.1. Scope of the study
2.1.1. Definition
2.1.2. Research Objective
2.1.3. Assumptions
2.1.4. Limitations
2.2. Research Process
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Market size Estimation
2.4. Forecast Model
3. Market Dynamics
3.1. Market Drivers
3.2. Market Inhibitors
3.3. Supply/Value Chain Analysis or Market Ecosystem
3.4. Porter’s Five Forces Analysis
Continued…
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.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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