Maharashtra, India -- (SBWIRE) -- 11/02/2018 -- Building Automation System Market
Summary
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.
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This report studies the Building Automation System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Building Automation System market by product type and applications/end industries.
The wired communication technology held a larger size of the BAS market in 2017. In terms of application, commercial application held the largest size of the BAS market in 2017. 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 2018 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.
This Building Automation System market research report provides the existing competitive analysis of some of the major players profiled in the market, which includes: Honeywell,Siemens,Johnson Controls,Schneider Electric,United Technologies,Robert Bosch,Legrand,Hubbell,ABB,Ingersoll-Rand,Lutron Electronics,Crestron Electronics,Buildingiq.
Key Regions for this market: North America, Europe, APAC, Latin America, and the Middle East & Africa.
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Global Building Automation System Market: Type Outlook: Wired Technology,Wireless Technology.
Global Building Automation System Market: Application Outlook: Residential,Commercial,Industrial.
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Key questions answered in the report include:
What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Building Automation Systemmarket?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for Building Automation System?
What are the key outcomes of Porter's five forces analysis of the Building Automation Systemmarket?
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