Global Building Automation and Control Systems Market 2017-2021
With energy efficiency becoming one of the major focus for countries across the globe, governments are increasingly promoting the construction of energy-efficient and green buildings. Since building automation and building control systems can effectively monitor the energy usage in buildings, there will be an exponential increase in their adoption; thus, inducing vendors to focus on improving their offerings continually. The upcoming market study report from Technavio on building automation and control systems for the forecast period of 2017 to 2021 will also help clients in the market realize factors that will challenge their market’s growth in the next few years and also identify new growth opportunities across different geographical regions. With a complete collection of industry research reports that provide information on various parameters including technological advancements and the demand for various products or services across the globe, Technavio helps clients in the automation sector, gain a competitive edge over competitors. Our market research reports also provide detailed information on the vendors who hold significant positions in the various markets of the industrial automation industry.
To meet the specific business requirement of clients, this upcoming market research report on building automation and control systems also takes into account the growth of other markets, such as integrated building management systems (IBMS), which will grow at a CAGR of more than 12% by 2021. Additionally, it also takes into account the growth of the pre-engineered buildings market, which is expected to grow at a CAGR of almost 12% during the period 2016 to 2020. Our market research experts predict that the rising demand for increasing the energy efficiency and enhancing the safety of both the residential and commercial buildings will play a significant role in increasing the demand for building automation systems and controls. To help building automation companies in the regional markets and businesses targeting particular customer segments improve their market positions, Technavio also provides personalized reports based on the specifications from clients.
The upcoming report for building automation and control systems identifies the major factors driving and challenging the growth of the automation sector and also the emerging industry trends. With complete information on the changing preferences of customers and the products and services offered by major market vendors, Technavio helps clients get a realistic picture of the growth prospects of the industrial automation industry.