building automation and controls market is expected to reach $49.5 billion by 2018 growing at a CAGR of 11.2% from 2013 to 2018.
Dallas, TX -- (SBWIRE) -- 03/06/2014 -- According to a new market research report “Global Building Automation & Controls Market (2013 – 2018): By Product (Lighting, Security & Access, HVAC, Entertainment, Outdoor, Elevator Controls, Building Management Systems (BMS)), Application & Geography (Americas, Europe, APAC, and ROW).
Browse 112 market data tables with 43 figures spread through 369 pages and in-depth TOC on Global Building Automation & Controls Market (2013 – 2018): By Product (Lighting, Security & Access, HVAC, Entertainment, Outdoor, Elevator Controls, Building Management Systems (BMS)), Application & Geography (Americas, Europe, APAC, And ROW.
The concept of building automation has been in existence for a long time and has witnessed profound growth in the last five years. Energy efficiency is the most important factor in almost all the building programs, hence the demand for energy-efficient solutions, enhanced security, increasing venture capital funding, and more convenience have spurred the market for building automation and control market. The growing awareness of wireless technologies and the developments towards the integration of wired and wireless will propel the market in the future. Commercial application remains the major application market, however high growth is expected in stadiums market due to the events such as 2012 London Olympics, the FIFA World Cup to be held in Brazil in the year 2014, Winter Olympics, the Universiade Student Games and the 2018 World Cup in Russia. It is observed that HVAC, security and access controls accounted for the major market share in 2012. for Major companies in building automation and controls market include Honeywell (U.S.), Siemens Building Technologies (Switzerland), ABB (Switzerland), Schneider Electric (France), Johnson Controls (U.S.), Ingersoll Rand (Ireland) and others.
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The report’s detailed segmentation by products, by applications, and by geography covers all the major controls and technologies used in for building automation. The major control products that have been extensively covered in the report and Lighting, security & access, HVAC, entertainment, elevator and outdoor controls in addition to building management systems (BMS).
The report is aimed at identifying the entire market of the building automation controls, specifically lighting, security& access and HVAC along with application and regional trends. The report covers the overall market and sub-segment markets through extensively detailed classifications. The global building automation and control market is in the growth stage of industry life cycle and expected to witness high growth in the next five years. The building automation and control market is in the growth stage of industry life cycle and expected to remain along the same lines in the year 2018 as well. The building automation and controls market is experiencing substantial growth in the areas such as lighting, security and access, BMS, entertainment and outdoor controls. The global building automation and controls market is expected to reach $49.5 billion by 2018 growing at a CAGR of 11.2% from 2013 to 2018.
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By Application -
The application part of the report has been broadly classified into residential, commercial, institutional, industrial and others. These areas of applications are further divided by the different building types. For instance, the commercial application is divided into office, lodging, healthcare, retail and warehouses (non-manufacturing).
By Geography -
The market is also mapped against geography. The geography market is further segmented into regions such as Americas (North America, South America, Central America), Europe (Western & Eastern Europe, APAC (China, Japan, India & Others), and ROW (Middle East, Africa, Oceania) which gives a detailed insight about the potential regions for the building automation and controls market.
Apart from the market segmentation, report also includes the critical market data for each product type, Porters five force analysis, value chain with detailed process flow diagram, and market dynamics such as drivers, restraints, and opportunities.
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