Building Automation and Control Systems Market by End-user, Solution, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR44667
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The building automation and control systems market value is projected to grow by USD 17.25 billion at a CAGR of 6.15% during 2021-2025.

This building automation and control systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by end-user (commercial buildings, residential buildings, government buildings, and other buildings), solution (stage-4, stage-2, stage-3, and stage-1), and geography (Europe, North America, APAC, MEA, and South America). The building automation and control systems market report also offers information on several market vendors, including ABB Ltd., Emerson Electric Co., Honeywell International Inc., Johnson Controls International Plc, Legrand SA , Optergy , Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, and Siemens AG among others.

What will the Building Automation and Control Systems Market Size be in 2021?

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Building Automation and Control Systems Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The demand for energy efficiency is notably driving the building automation and control systems market growth, although factors such as high installation cost may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the building automation and control systems market get your FREE report sample now.

This building automation and control systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Building Automation and Control Systems Market Vendors?

The building automation and control systems market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • ABB Ltd.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • Legrand SA 
  • Optergy 
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG

 

The building automation and control systems market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The building automation and control systems market is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full building automation and control systems market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

Download a free sample of the building automation and control systems market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Building Automation and Control Systems Market?

Building-Automation-And-Control-Systems-Market-Market-Share-by-Region-2020-2025

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29% of the market’s growth will originate from APAC during the forecast period. China is the key market for building automation and control systems market in APAC.

APAC has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in APAC is customization of automation and building control systems. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Building Automation and Control Systems Market?

Building-Automation-And-Control-Systems-Market-Market-Share-by-End-2020-2025

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The building automation and control systems market share growth by the commercial buildings segment has been significant. The building automation and control systems market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides an accurate prediction of the contribution of all the segments to the growth of the building automation and control systems market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Building Automation and Control Systems Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive building automation and control systems market growth during the next five years
  • Precise estimation of the building automation and control systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the building automation and control systems market across Europe, North America, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of building automation and control systems market vendors

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Building Automation And Control Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.15%

Market growth 2021-2025

USD 17.25 billion

Market structure

Fragmented

YoY growth (%)

5.64

Regional analysis

Europe, North America, APAC, MEA, and South America

Performing market contribution

APAC at 29%

Key consumer countries

US, UK, China, Germany, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Emerson Electric Co., Honeywell International Inc., Johnson Controls International Plc, Legrand SA , Optergy , Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, and Siemens AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The building automation and control systems market market growth will increase by $27829.94 million during 2019-2024.
The building automation and control systems market market is expected to grow at a CAGR of 9.16% during 2019-2024.
Technavio has segmented the building automation and control systems market market by end user (Commercial buildings, Residential buildings, Government buildings, and Other buildings) ,solution (Stage-4, Stage-2, Stage-3, and Stage-1) , and geographic (Europe, North America, APAC, MEA, and South America).
ABB Ltd., Emerson Electric Co., Honeywell International Inc., Johnson Controls International Plc, Legrand SA, Raytheon Technologies Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG are a few of the key vendors in the building automation and control systems market market.
APAC will register the highest growth rate of 35.14% among the other regions. Therefore, the building automation and control systems market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the building automation and control systems market market growth are:
  • Demand for energy efficiency
The building automation and control systems market market vendors should focus on grabbing business opportunities from the commercial buildings segment as it accounted for the largest market share in the base year.
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