Building Automation System Market

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 30 major countries.
Building automation is the automatic centralized control of a buildings 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.
The wired communication technology held a larger size of the BAS market in 2020. In terms of application, commercial application held the largest size of the BAS market in 2020. The increased rate of implementation of BAS in large shopping complexes, office buildings, and public transport areas such as airports and railway stations is encouraging the growth of the BAS market for commercial application.
APAC is expected to grow at the highest rate between 2020 and 2023. The rapid growth of the construction industry in this region, along with the government initiatives, has contributed to the growth of the BAS market in APAC.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Building Automation System by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Building Automation System market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

First, this report covers the present status and the future prospects of the global Building Automation System market for 2015-2027.

Key Companies
Honeywell
Siemens
Johnson Controls
Schneider Electric
United Technologies
Robert Bosch
Legrand
Hubbell
ABB
Ingersoll-Rand
Lutron Electronics
Crestron Electronics
Buildingiq


At the same time, we classify Building Automation System according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Wired Technology
Wireless Technology

Market by Application
Residential
Commercial
Industrial

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Building Automation System market for the forecast period 2021 - 2027?
• What are the driving forces in the Building Automation System market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Building Automation System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

For any other requirements, please feel free to contact us and we will provide you customized report.