Building Automation System Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Offering (Facility Management Systems, HVAC Control Systems, Security and Access Control Systems, Fire Protection Systems, Building Energy Management Software, BAS Services); Application (Residential, Commercial, Industrial Application); Communication Technology (Wireless Technologies, Wired Technologies, Wired Technologies) and Geography
Report Code: TIPRE00004033 No. of Pages: 150 Category: Electronics and Semiconductor Status: Upcoming
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MARKET INTRODUCTION
The building automation system helps to keep building climate within a specified range, light rooms based on an occupancy schedule, monitor performance and device failures in all systems and provide malfunction alarms. The systems reduce building energy and maintenance costs compared to a non-controlled building. A building controlled by this system is often referred to as an intelligent building or "smart building."
MARKET DYNAMICS
The building automation system market is heavily influenced by driving factors such as the increasing requirement for energy-efficient facilities with enhanced security systems. Besides this, advancements in wireless communication technologies have lessened the complexity and the cost of installing building automation system in the existing buildings. However major restraints faced by companies in the building automation system market include the false notion about the installation cost and technical difficulties and a shortage of skilled experts.
MARKET SCOPE
The "global building automation system market analysis to 2028" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global building automation system market trend analysis. The report aims to provide an overview of the building automation system market with detailed market segmentation by offering, by application and by communication and technology. The global Building automation system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading building automation system market players and offers key trends and opportunities in the building automation system market.
MARKET SEGMENTATION
The global building automation system market is segmented on the basis of by offering, by application and by communication and technology. Based on offering type the market is segmented as facility management systems, HVAC control systems, security and access control systems, fire protection systems, building energy management software, AS services. On the basis of application the market is segmented residential, commercial and Industrial application. On the basis of communication and technology the market is segmented as wireless technologies and wired technologies.REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global building automation system market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The building automation system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting building automation system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the building automation system market in these regions.
MARKET PLAYERS
The reports cover key developments in the building automation system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from building automation system market are anticipated to lucrative growth opportunities in the future with the rising demand for building automation system in the global market. Below mentioned is the list of few companies engaged in the building automation system market.
The report also includes the profiles of key building automation system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
The building automation system helps to keep building climate within a specified range, light rooms based on an occupancy schedule, monitor performance and device failures in all systems and provide malfunction alarms. The systems reduce building energy and maintenance costs compared to a non-controlled building. A building controlled by this system is often referred to as an intelligent building or "smart building."
MARKET DYNAMICS
The building automation system market is heavily influenced by driving factors such as the increasing requirement for energy-efficient facilities with enhanced security systems. Besides this, advancements in wireless communication technologies have lessened the complexity and the cost of installing building automation system in the existing buildings. However major restraints faced by companies in the building automation system market include the false notion about the installation cost and technical difficulties and a shortage of skilled experts.
MARKET SCOPE
The "global building automation system market analysis to 2028" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global building automation system market trend analysis. The report aims to provide an overview of the building automation system market with detailed market segmentation by offering, by application and by communication and technology. The global Building automation system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading building automation system market players and offers key trends and opportunities in the building automation system market.
MARKET SEGMENTATION
The global building automation system market is segmented on the basis of by offering, by application and by communication and technology. Based on offering type the market is segmented as facility management systems, HVAC control systems, security and access control systems, fire protection systems, building energy management software, AS services. On the basis of application the market is segmented residential, commercial and Industrial application. On the basis of communication and technology the market is segmented as wireless technologies and wired technologies.REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global building automation system market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The building automation system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting building automation system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the building automation system market in these regions.
MARKET PLAYERS
The reports cover key developments in the building automation system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from building automation system market are anticipated to lucrative growth opportunities in the future with the rising demand for building automation system in the global market. Below mentioned is the list of few companies engaged in the building automation system market.
The report also includes the profiles of key building automation system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- ABB
- Crestron Electronics, Inc.
- Distech Controls Inc.
- Hitachi, Ltd.
- Hubbell.
- Ingersoll-Rand plc,
- Johnson Controls.
- Lennox
- Robert Bosch GmbH
- Schneider Electric
