Updated Research Report of Commercial Building Automation Market 2020-2026:
Wiseguyreports.Com Adds “Commercial Building Automation – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2026” To Its Research Database.
The Global Commercial Building Automation Systems market 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.
Market segment by Type, the product can be split into
Fire & Life Safety Systems
Security & Access Controls
Building Energy Management System
Market segment by Application, split into
Hospitals and Healthcare Facilities
Airports, Railway and Transportation
Retail and Public Assembly Buildings
Factories and Plants
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Based on regional and country-level analysis, the Commercial Building Automation Systems market has been segmented as follows:
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa
Rest of Middle East & Africa
In the competitive analysis section of the report, leading as well as prominent players of the global Commercial Building Automation Systems market are broadly studied on the basis of key factors. The report offers a comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by players for the period 2015-2020.
The key players covered in this study
Siemens Building Technologies
United Technologies Corporation
Intelligent Buildings Inc
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Major Key Points in Table of Content
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Commercial Building Automation Breakdown Data by Type (2015-2026)
5 Commercial Building Automation Breakdown Data by Application (2015-2026)
6 North America
10 Southeast Asia
11Key Players Profiles
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