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Building Automation System Market Overview – Key Futuristic Trends and Competitive Landscape, Latest Trends And Forecast To 2024
Respiratory Medical Device Market Overview – Key Futuristic Trends and Competitive Landscape 2023
Global Building Automation System Market by Geography, Technology (Wireless Technologies, Wired Technologies); Offering (Facility Management Systems, Security and Access Control Systems, Fire Protection Systems, Building Energy Management Software, BAS Services, Others), Application (Residential, Commercial, Industrial) – Industry Trends and Forecast to 2024.
Global Building Automation System Market accounted for USD 54.0 billion in 2016 growing at a CAGR of 10.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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TOP Key Players :
• Honeywell International Inc.,
• Siemens AG,
• Schneider Electric,
• Johnson Controls,
• ABB,
• Beckhoff Automation GmbH & Co. KG,
• CAREL INDUSTRIES S.p.A.,
• Carrier Airconditioning & Refrigeration Ltd.,
• Crestron Electronics, Inc.,
• LARSEN & TOUBRO LIMITED,
• UNITED TECHNOLOGIES,
• Robert Bosch GmbH,
• Legrand,
• Hubbell Incorporated,
• Ingersoll-Rand plc,
• Lutron Electronics Co., Inc,
• BuildingIQ, Nest Labs,
• KMC Controls
• among others.
Major Market Drivers & Restraints:
• Increasing demand for energy efficient system
• Rising need for the automation of security systems in building
• Technological developments in building automation system
• Lack of skilled professionals
• High cost of installation
Read more about This Report @ http://databridgemarketresearch.com/reports/global-building-automation-system-market/
Market Segmentation:
On the basis of Technology:- Wireless technologies and wired technologies. The wireless technologies segment is further segmented into zigbee, enocean, Z-wave, Wi-Fi, Bluetooth, thread, infrared The wired segment is further segmented into digital addressable lighting interface, knx, lonworks, building automation and control network, modbus.
On the basis of Geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
Market Defination:
Building automation system enables the HVAC, lighting, security and protection systems to communicate on a single platform and deliver the required information simultaneously enhances the comfort, safety, efficiency and productivity of the occupants. The system reduces the energy and maintenance costs. The buildings with building automation system technology are commonly known as “smart building”.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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