Global Building Automation Market, 2022: Focus on

Dublin, April 17, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Building Automation market - By Communication Technology, Offerings, Application, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report to their offering. The building automation system market is set to grow at a CAGR of 10.65% between 2016-2022 to reach USD 100.60 billion by 2022.

In 2016, it is valued at $54.81 billion. Commercial buildings sector holds major share in building automation system market.

North America currently holds major share in global building automation system followed by Europe and Asia Pacific. APAC is expected to show rapid growth rate due to increasing construction of buildings coupled with government initiatives. Growing demand for comfort, customization, maintenance, support, reliability, safety, security, high energy efficiency, growing innovations in the wireless communication technologies and advances in Internet of Things(IoT) are boosting the growth of building automation system market globally. High implementation cost, macroeconomic slowdown and lack of legislative support are some of the constraints restraining growth in this industry. Global Building Automation market is highly fragmented with the presence of major and local players. Key Players in building automation market include Honeywell International Inc. (U.S.), United Technologies Corporation (U.S.), Johnson Controls Inc. (U.S.), Hubbell, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), Legrand SA (France), Ingersoll Rand PLC (Ireland), ABB (Switzerland), and Robert Bosch GmbH (Germany), ABB and Bosch Security System.

There is an increased adoption of wireless building automation and control system due to growing demand for comfort, security and improving living standards. Key Topics Covered: 1. Research Methodology 2. Market Overview

• Definition
• Value chain analysis
• Porter's 5 Forces
• Regulations

3. Market Dynamics

• Introduction
• Drivers
• Constraints
• Opportunities

4. Global Building Automation market Segmentation, Forecasts and Trends - by Revenue 5. By Communication Technology

• Wireless Technologies
• Wired Technologies

6. By Offerings

• Facility Management Systems
• Security and Access Control Systems
• Fire Protection Systems
• Building Energy Management Software
• BAS Services

7. By Application

• Residential
• Commercial
• Industrial

8. By Region 9. Vendor Market Share Analysis 10. Company Profiles

• Honeywell International Inc.
• Schneider Electric SE
• Robert Bosch GmbH
• Siemens AG
• ABB Ltd.
• Johnson Controls International PLC
• Hubbell Inc
• United Technologies Corp
• Lutron Electronics Co., Inc.
• Legrand Sa
• Ingersoll-Rand PLC
• Crestron Electronics, Inc.
• Buildingiq
• Others

11. Industry Structure

• Industry M&As, Consolidations
• Investment Opportunities
• Global Building Automation Market- Road Ahead

For more information about this report visit http://www.researchandmarkets.com/research/nz...l_building

CONTACT: Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Related Topics: Internet of Things and M2M, Industrial Automation