NEW YORK , June 21, 2022 /PRNewswire/ -- The latest market analysis report titled Building Automation and Control Systems Market by End-user, Solution, and Geography - Forecast and Analysis 2021-2025 has been added to Technavio's catalog. The report identifies the market to witness a potential growth difference of USD 17.25 billion , according to the report. The market will also be recording an accelerating growth momentum at a CAGR of 6.15% during the projected period. The demand for energy efficiency and the increase in the use of personnel assistants in residential buildings are notably driving the building automation and control systems market growth. However, high installation costs may impede market growth.
View Market Sample for YOY and CAGR growth variance analysis
Building Automation and Control Systems Market Vendor Landscape
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The building automation and control systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Top companies covered in the report with their offerings are:
ABB Ltd.: The company offers building automation and control systems through its ABB Ability Building Management solutions.
Emerson Electric Co.: The company offers building automation and control systems such as Copeland Scroll Compressors, controls and monitoring systems and rigid tools.
Honeywell International Inc.: The company offers building automation and control systems through its Honeywell Niagara Framework based building management system, and OPUS Magnum.
Johnson Controls International Plc: The company offers building automation and control systems such as EasyIO, Metasys, Verasys, Facility Explorer, HVAC field, PENN commercial refrigeration, and critical environments.
Legrand SA: The company offers building automation and control system through its radiant Home automation solutions.
Some more companies covered in this report
Building Automation and Control Systems Market Segmentation Highlights
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Building Automation and Control Systems Market Scope
Technavio categorizes the global building automation and control systems market as part of the global electrical components and equipment market. Our report provides extensive information on the value chain analysis for the building automation and control systems market, which vendors can leverage to gain a competitive advantage during the forecast period. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our building automation and control systems market report covers the following areas:
Building Automation and Control Systems Market size
Building Automation and Control Systems Market trends
Building Automation and Control Systems Market industry analysis
Building Automation and Control Systems Market Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist building automation and control systems market growth during the next five years
Estimation of the building automation and control systems market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the building automation and control systems market
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
Accelerate at a CAGR of 6.15%
Europe, North America, APAC, MEA, South America, Europe, North America, APAC, MEA, and South America
US, UK, China, Germany, and Canada
Leading companies, competitive strategies, consumer engagement scope
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
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 the forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
3.4 Market outlook: Forecast for 2020 - 2025
5.3 Commercial buildings - Market size and forecast 2020-2025
5.4 Residential buildings - Market size and forecast 2020-2025
5.5 Government buildings - Market size and forecast 2020-2025
5.6 Other buildings - Market size and forecast 2020-2025
6.3 Stage-4 - Market size and forecast 2020-2025
6.4 Stage-2 - Market size and forecast 2020-2025
6.5 Stage-3 - Market size and forecast 2020-2025
6.6 Stage-1 - Market size and forecast 2020-2025
8.3 Europe - Market size and forecast 2020-2025
8.4 North America - Market size and forecast 2020-2025
8.5 APAC - Market size and forecast 2020-2025
8.6 MEA - Market size and forecast 2020-2025
8.7 South America - Market size and forecast 2020-2025
12.2 Currency conversion rates for US$
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
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