Global Building Automation and Controls Market Growth (Status and Outlook) 2023-2029
Building automation & control is interpreted as a centralized automatic control of an infrastructures air conditioning, heating, lighting and other solutions.
LPI (LP Information)' newest research report, the “Building Automation and Controls Industry Forecast” looks at past sales and reviews total world Building Automation and Controls sales in 2022, providing a comprehensive analysis by region and market sector of projected Building Automation and Controls sales for 2023 through 2029. With Building Automation and Controls sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Building Automation and Controls industry.
This Insight Report provides a comprehensive analysis of the global Building Automation and Controls landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Building Automation and Controls portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Building Automation and Controls market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Building Automation and Controls and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Building Automation and Controls.
The global Building Automation and Controls market size is projected to grow from US$ 58700 million in 2022 to US$ 103110 million in 2029; it is expected to grow at a CAGR of 8.4% from 2023 to 2029.
The aim of building automation systems is to enhance an occupants comfort, reduce energy consumption as well as operating costs. Furthermore, building automation and control systems ensure an efficient operation and provides a real -time status information.
This report presents a comprehensive overview, market shares, and growth opportunities of Building Automation and Controls market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
HVAC Control
Lighting Control
Security and Access Control
Segmentation by application
Institutional
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Honeywell
Tyco
Siemens
Legrand
Johnson Controls
Bosch Security Systems
Schneider Electric
Control4
United Technologies
Lutron
Please note: The report will take approximately 2 business days to prepare and deliver.