DUBLIN, May 24, 2022--(BUSINESS WIRE)--The "Building Automation System Market Research Report by Communication Technology (Wired Technology and Wireless Technology), Offering, Application, Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Building Automation System Market size was estimated at USD 9,821.23 million in 2021 and expected to reach USD 11,694.15 million in 2022. The market is projected to grow at a CAGR 19.32% to reach USD 28,350.09 million by 2027.
The report categorizes the Building Automation System to forecast the revenues and analyze the trends in each of the following sub-markets:
Based on Communication Technology, the market was studied across Wired Technology and Wireless Technology.
Based on Offering, the market was studied across BAS Services, Building Energy Management Software, Facility Management Systems, Fire Protection Systems, and Security & Access Controls.
Based on Application, the market was studied across Airports & Railway Stations, Commercial, Hospitals & Healthcare Facilities, Industrial, Office Buildings, Residential, and Retail & Public Assembly Buildings.
Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa.
Cumulative Impact of 2022 Russia Ukraine Conflict:
The publisher continuously monitors and updates reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia. The report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Building Automation System market considering the current update on the conflict and its global response.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Increasing focus for establishing energy-efficient and eco-friendly buildings
Rising adoption of automated security systems in buildings
Rapid penetration of IoT in building automation systems
False notion about high installation costs of building automation systems
Advancements in building technologies and automation with data analytics
Development of wireless protocols and wireless sensor network technology for building automation systems
Rise in government and stakeholder funding for developing smart cities
Presence of different communication protocols
The report provides insights on the following:
Market Penetration: Provides comprehensive information on the market offered by the key players
Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Building Automation System Market, by Communication Technology
6.2. Wired Technology
6.3. Wireless Technology
7. Building Automation System Market, by Offering
7.2. BAS Services
7.3. Building Energy Management Software
7.4. Facility Management Systems
7.5. Fire Protection Systems
7.6. Security & Access Controls
8. Building Automation System Market, by Application
8.2. Airports & Railway Stations
8.4. Hospitals & Healthcare Facilities
8.6. Office Buildings
8.8. Retail & Public Assembly Buildings
9. Americas Building Automation System Market
10. Asia-Pacific Building Automation System Market
11. Europe, Middle East & Africa Building Automation System Market
12. Competitive Landscape
13. Company Profiles
Carel Industries S.p.A.
Johnson & Johnson
Koninklijke Philips N.V.
Larsen & Toubro
Lutron Electronics Co., Inc
Robert Bosch GmbH
For more information about this report visit https://www.researchandmarkets.com/r/dfanwq
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