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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.Browse the report: http://www.orbisresearch.com/reports/index/building-automation-global-market-outlook-2016-2022
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.
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Applications Covered:
Commercial
Lodging
Office
Retail
Healthcare
Industrial
Residential
Other Applications
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Products Covered:
HVAC Control
Smart Thermostats
Heating & Cooling Coils
Sensors
Pumps & Fans
Smart Vents
Control Valves
Actuators
Dampers
Security & Access Control
Software/Video Analytics
Video Surveillance
Services
Biometric Systems
Lighting Control
Transmitters
Receivers
Daylight Sensors
Relays
Occupancy Sensors
Blind/Shutter Actuators
Switch Actuators
Dimming Actuators
Timers
BACS Services
Training
Installation and Maintenance
Other BACS Services
Building Energy Management Software
Fire Protection Systems
Sensors & Detectors
Fire Alarms
Emergency Lighting, Voice Evacuation, and Public Alerts
Fire Sprinklers
Other Products
Smart Locks
Smart Plugs
Smart Hubs
Smart Meters
Smoke Detectors
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia
Rest of the World
Latin America
Middle East
Africa
Others
Major Points From Table Of Contents:
Executive Summary
Preface
Market Trend Analysis
Porters Five Force Analysis
Key Developments
Company Profiling
List of Tables
1 Global Building Automation Market Outlook, By Region
2 Global Building Automation Market Outlook, By Application
3 Global Building Automation Market Outlook, By Commercial
4 Global Building Automation Market Outlook, By Lodging
5 Global Building Automation Market Outlook, By Office
6 Global Building Automation Market Outlook, By Retail
7 Global Building Automation Market Outlook, By Healthcare
8 Global Building Automation Market Outlook, By Industrial
9 Global Building Automation Market Outlook, By Residential
10 Global Building Automation Market Outlook, By Other Applications
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Release ID: 192363
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