Lewes, DE -- (SBWIRE) -- 09/29/2015 -- Report forecast global building automation and control systems market is expected to grow at a CAGR of 9.04% in terms of revenue during 2014-2019.

A building automation and control system is a systematized interlinked network control system. It is normally installed in residential, commercial, institutional, and public buildings to control and monitor the MEP system such as power monitoring, security, CCTV, fire alarm system, elevators and escalators, plumbing and water monitoring, AHUs, RHUs, FCUs, HPUs, and VAVs. It uses both hardware and software, which monitor and control the building's environment.

The hardware and software are configured using various protocols such as C-bus and profibus. The need and growing concern for faster response and precision has led to the large-scale adoption of automation and control systems in buildings. The need for customization, maintenance and support, reliability, total cost of ownership, and high energy efficiency have boosted the demand for automation and control systems.

This report covers the present scenario and the growth prospects of the global building automation and control systems market during 2015-2019. To determine the market size, the report considers revenue generated from the sales revenue of lighting control, security and access control, HVAC control, BMS, fire and life safety, and others.

The market is highly fragmented with the presence of many global and regional vendors. The report presents a detailed analysis of the major vendors in the market. In addition, the report includes the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key emerging trends.

According to the report, legacy energy management systems need manual maintenance and are expensive and time consuming. Automation and control systems help reduce maintenance, repair, and overhaul costs. They also increase the flexibility, productivity, reliability, and longevity of buildings and reduce ecological footprints. Due to the benefits these systems offer, we expect many older buildings with legacy systems to be replaced with automation and control systems during the forecast period.

Key regions
- Americas
- APAC
- EMEA

Key players in the Global Building Automation and Control Systems Market: Schneider, Honeywell, Johnson Controls and ALC

Other Prominent Vendors in the market are: Siemens, ABB, United Technologies, Lutron, Bosch, Control4, Legrand, and Tyco

Key market driver
- Demand for energy-efficient building
- For a full, detailed list, view our report

Key market challenge
- High implementation cost
- For a full, detailed list, view our report

Key market trend
- Increased adoption of wireless building automation and control system
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 58 pages "Global Building Automation and Control Systems Market 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Market landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-building-automation-and-control-systems-market-2015-2019

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