Building Automation Systems Market Will Generate New Growth Opportunities by 2023

1
Building Automation Systems Market Global
Industry Analysis, Trends, Market Size and
Forecasts up to 2023
2
The report on Building Automation Systems Market
by types of system (lighting, heating,
ventilation, energy management devices,
entertainment controls and smart gadgets and
others), application (industrial, commercial,
residential), technology (cellular networks and
wireless technologies) trends analysis and
forecasts up to 2023 studies the market sizes,
key trends and opportunities in the main
geographies such as North America, Europe,
Asia-Pacific, Rest of the World. According to
the report the Global Building Automation Systems
Market is projected to grow at a CAGR between
10.70 and 10.75 in terms of value over the
period of 2017-2023. The growth in the world
market is primarily driven by significant
contribution by North America (Leading region)
region to this market. Get a Sample Request
https//www.infiniumglobalresearch.com/reports/sam
ple_request/697 Market Insights The report
identified that global building automation
systems is driven by factors such as
the regulatory norms, the requirement for
superior utility efficiency, and, increasing
global demand for energy. While the restraining
factors include high Cost of implementation,
technical difficulties and lack of skilled
experts. Further, the report identifies the
opportunities in the world market as favorable
government initiatives and incentives. Building
automation systems (BAS) are the centralized,
interconnected networks of software and hardware
which control the environment in commercial,
residential and institutional facilities. The
objective of installing building automation
systems is improving the resident comfort,
reducing consumption of energy and managing
building operations effectively.
3
Building automation systems are being introduced
to new and existing buildings in order to
automate various processes such as heating,
ventilation and air conditioning (HVAC),
lighting, etc. Moreover, this technology is not
limited to residential buildings but is also
being implemented in commercial buildings and
various sectors such as healthcare. Make an
Enquiry https//www.infiniumglobalresearch.com/re
ports/enquiry/697 Segments Covered The report on
global building automation systems market covers
segments such as types of system, application
and technology. BAS on the basis of system type
can be categorized into segments including,
security and safety, lighting, heating,
ventilation, air-conditioning (HVAC) systems,
energy management devices, communication and
healthcare and child safety, entertainment
controls and smart gadgets. On the basis of
application the bas market can be segmented into
industrial, commercial, institutional,
transportation, residential and others. Based on
technology, the bas market can be segmented into
technologies and protocol, cellular networks and
wireless technologies. Geographic Coverage and
Analysis The report provides regional analysis
covering geographies such as North America,
Europe, Asia-Pacific, and Rest of the World. In
this section the key trends and market size for
each geography is provided over the period of
2015 2023.
4
North America is currently leading in the
building automation systems market. Asia-Pacific
is expected to be driven by China, India, South
Korea and Japan among others. China is expected
to lead the BAS market in the subsequent years.
Currently the European region is observing a
significant growth in Spain, the U.K., Germany
and France owing to their introduction of new
energy related regulations. The Middle-East with
its rapid industrialization will observe huge
growth in the recent future. Few major players in
the BAS market are Siemens AG, Schneider
Electric Legrand ABB, Emerson Electric Co.,
Crestron Electronics and Honeywell International
among others. Companies Profiled The report
provides profiles of the companies in the global
building automation systems market such as,
Legrand SA, Hubbell Inc., ABBLtd., SiemensAG,
Johnson Controls International PLC, DexCom,United
Technologies Corp. , Robert Bosch GmbH , Lutron
Electronics Co., Inc. ,and Crestron Electronics,
Inc. Click the Below Full Report Link
https//www.infiniumglobalresearch.com/ict_semicon
ductor/building_automation_systems _market Report
Highlights The report provides deep insights on
demand forecasts, market trends and micro and
macro indicators. In addition, this report
provides insights on the factors that are driving
and restraining the global building automation
systems market. Moreover, IGR-growth matrix
5
analysis given in the report brings an insight on
the investment areas that existing or new market
players can consider. The report provides
insights into the market using analytical tools
such as porters five forces analysis and DRO
analysis of building automation systems market.
Moreover, the study highlights current market
trends and provides forecast from 2017 to 2023.
We also have highlighted future trends in the
building automation systems market that will
impact the demand during the forecast period.
Moreover, the competitive analysis given in each
regional market brings an insight on the market
share of the leading players. Additionally, the
analysis highlights rise and fall in the market
shares of the key players in the market. This
report will help manufacturers, suppliers and
distributors of the building automation systems
market to understand the present and future
trends in this market and formulate their
strategies accordingly. Contact Us Website
https//www.infiniumglobalresearch.com E-mail
sales_at_infiniumglobalresearch.com