Building Automation and Control Systems Market to Deliver Dynamic Progression until 2026
“Building Automation and Control Systems Market” study provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
Building Automation and Control System (BACS) refers to centralized systems that monitor, control, and verification the functions of building services systems. The Global Building Automation and Control Systems Market is expected to grow at a CAGR of 11.2% during the forecast period. Increasing demand for intelligent buildings, rising emphasis on reducing utility costs and growing security concerns for buildings, growing concerns regarding greenhouse gas emissions and increasing electricity demand supply gap are some of the key driving factors for the market growth. However, faulty connections and loss of connection with the BAS are inhibiting the growth of the market.
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Some of the key players profiled in the Building Automation and Control Systems Market include ABB, Automated Logic, Beckhoff Automation, Bosch Sicherheitssysteme GmbH, CONTROL4, DELTA CONTROLS, Distech Controls, Dwyer, Emerson Electric, Evon Technologies, Honeywell, Itron, Johnson Controls International, Legrand, Lutron, Schneider Electric and Siemens.
Depending on type, building management software (BMS) is expected to be the fastest growing segment in the product category over the forecast period. It is a computer-based control system installed in buildings that controls and monitors the building’s automatic and electrical tools such as freshening, lighting, power systems, fire systems, and safety systems. By geography, Asia Pacific is likely to hold the largest market share due to the growth in emerging businesses in developing countries such as China, and India with many clients opting for smart office systems.
Electronic Security and Safety
Energy Management Systems
Fire and Life Safety
Heating, Ventilation & Air Conditioning
Communication Technologies Covered:
Building Management Software
The report also provides the market size and estimates a forecast from the year 2017 to 2026 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Building Automation and Control Systems market.
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Table of Contents
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Building Automation and Control Systems Market, By Product
6 Global Building Automation and Control Systems Market, By Communication Technology
7 Global Building Automation and Control Systems Market, By Type
8 Global Building Automation and Control Systems Market, By Application
9 Global Building Automation and Control Systems Market, By Geography
10 Key Developments
11 Company Profiling
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