Report Ocean published a new report on the global Commercial Building Automation Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Commercial Building Automation Market is valued at approximately USD 70 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.00 % over the forecast period 2022-2028.
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Commercial Building Automation is automating the security of a building using video surveillance and biometric systems. A video surveillance system monitors and records the behavior and activities of people. Surveillance systems are deployed at airports, schools, office buildings, and so on. The growth in the construction industry and rise in adoption of automated security systems in buildings has led to the adoption of Commercial Building Automation across the forecast period. For Instance: As per Statista, the market size of the U.S. construction sector was valued at around 1.36 trillion U.S. dollars as of the end of 2020 and India plans to spend US$ 1.4 trillion on infrastructure projects through the National Infrastructure Pipeline (NIP), from 2019 to 2023, to ensure sustainable development in the country. Also, with the rise in government and stakeholder funding for developing smart cities and favorable government initiatives and incentives, the adoption & demand for Commercial Building Automation is likely to increase the market growth during the forecast period. However, false notions about high installation costs and technical difficulties and dearth of skilled experts impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Commercial Building Automation Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the industrial facilities including factories, production plants, distribution facilities, warehouses, and other infrastructures. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as economic growth in the region, along with a surge in construction and industrial activities would create lucrative growth prospects for the Commercial Building Automation Market across Asia-Pacific region.
Major market players included in this report are:
- Honeywell international
- Johnson controls
- Trane technologies
- Lutron electronics
- Crestron electronics
- Hitachi
- Delta controls
- Beckhoff automation
- Lennox international
- General Electric
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Technology:
Wired Technology
Wireless Technology
By Application:
Residential
Commercial
Office Buildings
Retail and Public Assembly Buildings
Hospitals and Healthcare Facilities
Airports and Railway Stations
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Core Chapters:
Chapter 1: Introduction: This chapter outlines the scope of the report and provides an executive summary of the different market segments, including the market size, future development potential, and evolution of the market in the short to mid-term and long term.
Chapter 2: Competitive Landscape: Here, we conduct a detailed analysis of the competitive landscape of Commercial Building Automation manufacturers, including price, output, and revenue market share, latest development plans, mergers, and acquisition information.
Chapter 3: Production and Value Analysis: This chapter provides a quantitative analysis of the production/output and value of Commercial Building Automation by region/country, identifying the market size and development potential of each region in the next six years.
Chapter 4: Consumption Analysis: We analyze the consumption of Commercial Building Automation in different regions and countries, introducing the market development, future prospects, market space, and capacity of each country in the world.
Chapter 5: Product Segment Analysis: This chapter provides an analysis of various market segments according to product type, covering the market size and development potential of each market segment.
Chapter 6: Application Segment Analysis: We analyze various market segments according to application, covering the market size and development potential of each market segment.
Chapter 7: Company Profiles: This chapter provides detailed profiles of key players in the market, including product production/output, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Industrial Chain Analysis: Here, we analyze the industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales Channel Analysis: We analyze the sales channel, distributors, and customers in this chapter.
Chapter 10: Market Dynamics Analysis: This chapter introduces the market dynamics, latest developments, driving factors, restrictive factors, challenges, and risks faced by manufacturers in the industry, along with an analysis of relevant policies.
Chapter 11: Production and Supply Forecast: We provide a production and supply forecast for the global and regional market.
Chapter 12: Consumption and Demand Forecast: This chapter provides a consumption and demand forecast for the global and regional market.
Chapter 13: Type and Application Forecast: We provide a quantitative analysis of the market size and development potential of each market segment in the next six years.
Chapter 14: Conclusion: Finally, we present the main points and conclusions of the report, providing readers with a comprehensive understanding of the market and its potential growth prospects.
Our Commercial Building Automation Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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