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Building automation is the automatic centralized control of a building's heating, ventilation and air conditioning, lighting and other systems through a building management system or building automation system (BAS). The objectives of building automation are improved occupant comfort, efficient operation of building systems, reduction in energy consumption and operating costs, and improved life cycle of utilities.
Energy management needs and the growing emphasis on reducing utility costs, continue to drive the adoption of building automation systems. Majority of the large buildings today are equipped with these solutions in the developed parts of the world. Proactive measures taken by government organizations for the implementation of standards, such as ISO 50001 (energy-management-system standard) in the building sector, have the potential to stimulate the integration of building automation systems.
Market Analysis and Insights: Global Building Automation and Control Systems Market
The global Building Automation and Control Systems market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX%% during 2021-2026.
Global Building Automation and Control Systems Scope and Market Size
Building Automation and Control Systems market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Building Automation and Control Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Siemens
Honeywell International
Philips Lighting Holding
United Technologies
Lennox international
GENERAL ELECTRIC
Bosch Security Systems
Schneider Electric
Legrand
Cisco Systems
Building Management Software
Environmental Control
Lighting Management
Commercial
Residential
Government
North America
Europe
China
Japan
Southeast Asia
India
Energy management needs and the growing emphasis on reducing utility costs, continue to drive the adoption of building automation systems. Majority of the large buildings today are equipped with these solutions in the developed parts of the world. Proactive measures taken by government organizations for the implementation of standards, such as ISO 50001 (energy-management-system standard) in the building sector, have the potential to stimulate the integration of building automation systems.
Market Analysis and Insights: Global Building Automation and Control Systems Market
The global Building Automation and Control Systems market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX%% during 2021-2026.
Global Building Automation and Control Systems Scope and Market Size
Building Automation and Control Systems market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Building Automation and Control Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
The key players covered in this study
Siemens
Honeywell International
Philips Lighting Holding
United Technologies
Lennox international
GENERAL ELECTRIC
Bosch Security Systems
Schneider Electric
Legrand
Cisco Systems
Market segment by Type, the product can be split into
Building Management Software
Environmental Control
Lighting Management
Market segment by Application, split into
Commercial
Residential
Government
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
