Press release
Building Automation Systems Market Going to Touch at Value of US$ 141.1 Bn by 2026
The different systems, such as building energy management, lighting solutions, HVAC, security & surveillance and others are present in building automation system (BAS). Owing to the surge of criminal activities and several security violence, the security and surveillance segment is expecting an increasing growth, both in demand and revenue, towards the end of the forecast period.
On the basis of geography, there are six major regions, include Latin America, Western Europe, North America, Eastern Europe, Middle East & Africa (MEA) and Asia-Pacific excluding Japan, have strong implementation of building automation system. Henceforth, the building automation system market in these regions are growing rapidly. The report is estimated that North America is likely to witness a rapid growth in demand for building autonomous systems over the forecast period. It is also predicted that the marker for building automation system in this region will share US$ 55 Bn market value through 2026 and also will bait almost all the investors.
Building automation systems are installed in commercial or residential buildings for controlling and maintaining some important services, which are air conditioning, ventilation, heating, safety & security, water supply, lift service, electricity regulation and many more. In a published report by Persistence Market Research (PMR), it is estimated that the global building automation system market is likely to witness an expansion at a CAGR of 11.1% along with a predicted revenue of US$ 141.1 Bn throughout the forecast period, (2016-2026).
Request Sample Report@ https://www.persistencemarketresearch.com/samples/19399
To reduce the wastage and consumption of energy across the globe, the governments are taking up some stringent rules and regulations for the sake of future world. Being influenced by the governmental initiatives, different developed countries, such as U.S, Europe and Japan are following the notions and have added up some more restricted and revised rules according to their convenience. These lead to create the latest trends and opportunities in the global market for building autonomous system in the near future. It is also planned that more new and advanced technologies are going to be installed very soon to increase the demand for building autonomous system and expansion of the global building autonomous system market.
Furthermore, cloud-based control networks with Internet of Things (IoT), smart web-based networks, integrated building systems, facility management solutions and mobile technologies have been installed to develop the market. Most importantly, the urgent requirement of consolidated security solutions is fueling the market to be expanded robustly during the forecast period.
Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/building-automation-systems-market-112017/toc
Though the global market for building autonomous system has many drivers, there are some restraints also that are cutting off the speed for rapid expansion. Due to the scarcity of skilled personnel and expensive system, the extensive adoption of building autonomous system in the market is getting affected.
The global market for building autonomous system has included some key participants that are expected to dominate throughout the forecast period. The key stakeholders are United Technologies, General Electric, Schneider Electric, Ingersoll-Rand Plc., Philips Lighting Holding B.V., Lennox international, Honeywell International Inc., Siemens AG, Cisco Systems, Inc., Legrand, Rheem Manufacturing Company, Bosch Security Systems (Bosch Sicherheitssysteme GmbH) and others, among others.
Report overview @ https://www.persistencemarketresearch.com/market-research/building-automation-systems-market-112017.asp
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Building Automation Systems Market Going to Touch at Value of US$ 141.1 Bn by 2026 here
News-ID: 924870 • Views: …
More Releases from Persistence Market Research Pvt. Ltd
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size
The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032.
The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation…
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers
The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism.
Stay Ahead with Market Intelligence Get Free…
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research
The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.
Market Overview
The biosimulation market has experienced rapid growth…
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market
The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961
The global wheelchair and components market has witnessed significant growth in…
More Releases for PMR
AC Hose Market Trends – PMR Blog
AC Hose are important parts of the AC assembly of an automotive. AC hoses help to attach a pipe to the air-conditioning unit and intake/exit units in an Automotive. AC Hose aid in the air flow to and fro the AC unit in a vehicle. Both AC pipe and hose are designed to bear high pressure in all environments. In working condition, an AC pipe faces the pressure of 25–30…
Protein Hydrolysate Ingredients Market Trends – PMR Blog
Protein hydrolysate ingredients are the group of peptides derived from proteins. Protein hydrolysate are rich in protein content and are absorbed more quickly in comparison to other proteins. The different type of protein hydrolysate ingredients include milk protein hydrolysate and meat protein hydrolysate. These protein hydrolysate ingredients have relatively low antigenic properties. Protein hydrolysates ingredients enhance the digestibility and reduces the protein allergy especially in infants.
Request to Sample of Report-…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
