10.04.2018 Views

Building Automation System Market Size, Revenue, Growth Rate Analysis and Forecast 2022

Market Research Future published a research report on “Building Automation System Market Research Report - Global Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022. Get Complete Report @ https://www.marketresearchfuture.com/reports/building-automation-system-market-2518

Market Research Future published a research report on “Building Automation System Market Research Report - Global Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

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Some of the major players in Global <strong>Building</strong> <strong>Automation</strong> <strong>System</strong> <strong>Market</strong> includes ABB Ltd.<br />

(Switzerl<strong>and</strong>), Cisco <strong>System</strong>s, Inc. (U.S.), Robert Bosch GmbH (Germany), Siemens AG<br />

(Germany),Crestron Electronics, Inc. (U.S.), Delta controls, Inc. (U.S.), Rockwell <strong>Automation</strong> (U.S.),<br />

Schneider electric SE (France), General electric (U.S.), Honeywell International Inc. (U.S.), Lutron<br />

Electronics Co., Inc. (U.S.) <strong>and</strong> others.<br />

Segments for <strong>Building</strong> <strong>Automation</strong> <strong>System</strong> <strong>Market</strong>:<br />

Global <strong>Building</strong> <strong>Automation</strong> <strong>System</strong> <strong>Market</strong> can be segmented as follows:<br />

<br />

<br />

<br />

Segmentation by Network connectivity: Wireless <strong>and</strong> wired network.<br />

Segmentation by Product: Light control systems, HVAC control systems, surveillance<br />

systems, fire protection systems, <strong>and</strong>, management software.<br />

Segmentation by End-Users: Commercial, Industrial <strong>and</strong> residential.<br />

Regional <strong>Analysis</strong>:<br />

The growing trend of implementing stringent rules & regulations by government to increase energy<br />

efficient solutions in construction industry is expected to boost the market of building automation<br />

system in the forecast period. Also, growing awareness about safety & security at workplaces, <strong>and</strong><br />

increasing interest of consumers towards green & smart building is also fuelling the market growth<br />

of building automation system market.<br />

Geographically, North America is expected to dominate the building automation system market<br />

during the forecast period 2016-<strong>2022</strong> due to growing implementation of building automation system<br />

in U.S. construction industry. Also, changing regulatory policies, increasing energy cost is adding<br />

fruitful growth in the market. Asia-Pacific is projected to be the fastest growing market in building<br />

automation system during 2016-<strong>2022</strong>. The growth in construction industry <strong>and</strong> increasing dem<strong>and</strong><br />

of smart buildings among consumers is driving the growth of this market. Increasing industrial<br />

growth in developing countries namely India, China <strong>and</strong> Japan is fuelling the market growth of<br />

building automation system in Asia-Pacific region.<br />

Study Objectives of <strong>Building</strong> <strong>Automation</strong> <strong>System</strong> <strong>Market</strong>:<br />

<br />

<br />

To provide detailed analysis of the market structure along with forecast of the various<br />

segments <strong>and</strong> sub-segments of the Global <strong>Building</strong> <strong>Automation</strong> <strong>System</strong> <strong>Market</strong><br />

To provide insights about factors affecting the market growth

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