Selbyville, Delaware. The demand for Global Building Automation System market is anticipated to be high for the next Eight years. By considering this demand we provide latest Global Building Automation System Market Report which gives complete industry analysis, market outlook, size, growth and forecast till 2027. This report will assist in analyzing the current and future business trends, sales and revenue forecasts
BAS is gaining popularity owing to its varied range of applications in commercial, residential and industrial premises. Prime focus on designing and establishing energy-efficient, eco-friendly buildings, rise in adoption of automated security systems in buildings and rapid penetration of IoT in building automation systems are some of the key driving factors in market growth.
Global Building Automation System Market is valued approximately at USD 68.1 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 10.12% over the forecast period 2019-2026.
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Major market player included in this report are:
Johnson Controls International
United Technologies Corp.
Building Automation System comprises a microprocessor system built on a connection of wired or wireless controllers to varied systems in building construction. The foremost aim of building automation system is towards enhancing building’s structural efficacy.
The regional analysis of global Building Automation System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the government initiative to decrease energy emission from buildings coupled growing awareness of benefits of automation. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026.
The detailed segments and sub-segment of the market are explained below:
By Communication Technology:
Facility Management Systems
Security & Access Control Systems
Fire Protection Systems
Building Energy Management Software
Others (Gateways, HMI Screens, Smart Plugs, Smart Hubs, and Smart Locks)
Scope of the Report:
To study and analyze the global Building Automation System consumption (value & volume) by key regions/countries, type and application, history data and forecast to 2026.
To understand the structure of Building Automation System market by identifying its various subsegments.
Focuses on the key global Building Automation System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Building Automation System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Building Automation System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To access a sample copy or view this report in detail along with the table of contents, please click the link below:
Table of Content:
Chapter 1. Building Automation System Market Executive Summary
Chapter 2. Building Automation System Market Definition and Scope
Chapter 3. Building Automation System Market Dynamics
Chapter 4. Building Automation System Market Analysis
Chapter 5. Building Automation System Market, by Types
Chapter 6. Building Automation System Market, by Application
Chapter 7. Building Automation System Market, Competitive Intelligence
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