According to Stratistics MRC, the Global Building Automation and Control Systems Market is accounted for $115.26 billion in 2020 and is expected to reach $308.58 billion by 2028 growing at a CAGR of 13.1% 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 major factors driving the growth of the market. However, faulty connections and loss of connection with the BAS are hampering the market.
Request for a Free Sample Copy of Report at www.strategymrc.com/report/building-automation-and-control-systems-market/request-sample
By type, building management software (BMS) segment is experiencing considerable market growth, as 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. Based on the geography, Asia Pacific is dominating the market during the forecast period, due to the growth in emerging businesses in developing countries such as China, and India with many clients opting for smart office systems.
Some of the key players profiled in the Building Automation and Control Systems Market include Abb, Ltd., Beijer Electronics, Control4, Distech Controls, Dwyer, Emerson Electric, Evon Technologies, General Electric, Honeywell International Inc., Itron, Johnson Controls, Legrand, Lutron Electronics Co., Inc, Schneider Electric, Siemens Ag.
Products Covered:
• Electronic Security and Safety
• Energy Management Systems
• Fire and Life Safety
• Heating, Ventilation & Air Conditioning (HVAC)
Types Covered:
• Building Management Software
• Environmental Control
• Lighting Management
Communication Technologies Covered:
• Wireless
• Wired
Applications Covered:
• Commercial
• Government
• Hospitality
• Industrial
• Institutional
• Information Technology Enabled Services (IT/ITEs)
• Residential
• Retail
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
If Any Query? Ask Our Industry Expert at www.strategymrc.com/report/building-automation-and-control-systems-market/request-customization
Explore the list of attractive markets during this time of Pandemic @ www.strategymrc.com/covid-19-impact-reports
About Us:
StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments.
Contact Us:
Stratistics Market Research Consulting
Phone: +1-301-202-5929
Email: info@strategymrc.com
Website: www.strategymrc.com/
Twitter:twitter.com/StratisticsMRC
LinkedIn: www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile