Building Automation - Global Market Outlook (2016-2022)

Building Automation - Global Market Outlook (2016-2022)

  • Published: February 2017
  • ID: SMRC16308

According to Stratistics MRC, Building Automation Market is estimated at $35.9 billion in 2015 and is expected to reach $67.1 billion by 2022 growing at a CAGR of 9.6% from 2015 to 2022. Strict government initiatives, growing demand for energy efficient systems & solutions, and increasing cost saving needs of the building owners have played a key role in boosting the market growth. However, some of the factors restraining the market growth include limited availability of skillful experts and lack of consciousness about installation costs.

Among products, security & access controls segment commanded the major share in building automation market which can be attributed to the increasing concerns about energy conservation. Asia Pacific is anticipated to witness high growth led by countries such as Japan, China, India and South Korea. Germany, France, Spain, and U.K. are expected to boost the European building automation market in the near future.

The key players of this market include, Siemens Ag, Schneider Electric, Honeywell International, Inc., Emerson Electric Co., ABB, Bosch Security Systems, Johnson Controls, Inc., United Technologies Corp., Legrand S.A., Hubbell Inc., Ingersoll-Rand PLC, Cisco systems Inc, Royal Philips Electronics N.V. and Daintree Networks Inc.

Applications Covered:
• Commercial
o Lodging
o Office
o Retail
o Healthcare
• Industrial
• Residential
• Other Applications

Products Covered:
• HVAC Control   
o Smart Thermostats  
o Heating & Cooling Coils  
o Sensors   
o Pumps & Fans  
o Smart Vents  
o Control Valves  
o Actuators   
o Dampers   
• Security & Access Control   
o Software/Video Analytics  
o Video Surveillance  
o Services   
o Biometric Systems   
•  Lighting Control    
o Transmitters  
o Receivers   
o Daylight Sensors   
o Relays    
o Occupancy Sensors  
o Blind/Shutter Actuators  
o Switch Actuators   
o Dimming Actuators  
o Timers  
• BACS Services    
o Training  
o Installation and Maintenance  
o Other BACS Services   
• Building Energy Management Software   
• Fire Protection Systems    
o Sensors & Detectors  
• Fire Alarms   
• Emergency Lighting, Voice Evacuation, and Public Alerts   
• Fire Sprinklers   
• Other Products   
o Smart Locks  
o Smart Plugs  
o Smart Hubs  
o Smart Meters  
o Smoke Detectors

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain      
• Asia Pacific
o Japan      
o China      
o India      
o Australia      
o New Zealand     
o Rest of Asia     
• Rest of the World
o Latin America
o Middle East     
o o Africa      
o Others   

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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