Commercial Building Automation Systems - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Commercial Building Automation Systems Market is accounted for $82.60 billion in 2017 and is expected to reach $144.36 billion by 2026 growing at a CAGR of 6.4% during the forecast period. Growth in need for energy-efficient commercial buildings is one of the major factors driving the market growth. However, lack of skilled labors and high cost of implementation may restrict the market growth.
Commercial building automation is the automatic centralized control system, which controls air conditioning, heating and ventilation, lighting and other systems of a building through a building automation system (BAS) or building management system.
By Product, Lighting Controls held considerable growth during the forecast period. Commercial lighting control systems can significantly lower building operating costs, improve working environments, and enhance security. By geography, North America is estimated to have a lucrative growth due to the rapid growth of the construction industry in developing countries such as China and India.
Some of the key players profiled in the Commercial Building Automation Systems include Honeywell International Inc., Ingersoll-Rand plc, ABB Ltd, Robert Bosch GmbH, Johnson Controls International plc, Siemens AG, Schneider Electric S.E. and United Technologies Corporation.
• Fire & Light Safety Controls
• Wireless Controls
• HVAC Controls
• BAS Communications with IP
• Lighting Controls
• Security & Access Controls
End Users Covered:
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- 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
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
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