Building Automation & Control Systems (BACS) Market Size, Share, Analysis and Projection, Application, and Region -

  

A new market research report on Global Building Automation & Control Systems (BACS) Market has been recently published by Reports and Data

A new market research report on Global Building Automation Control Systems (BACS) Market has been recently published by Reports and Data that offers a comprehensive evaluation of market report. The study provides a comprehensive qualitative and quantitative analysis of the factors affecting the market with an aim to provide an in-depth analysis of the growth trend of the market. The report aims to provide an accurate insight into the current and emerging trends of the market. In addition, the report covers technological developments, market value analysis, volume, micro and macro-economic factors affecting the growth of the market.

The global Building Automation Control Systems (BACS) market is expected to reach USD 129.41 billion by 2026, according to a new report by Reports and Data. A rise in demand for smart buildings with better connectivity and efficient management systems to reduce utility costs and enhance the security and access system of the buildings such as residential building, shopping malls, etc. have created an escalating demand for Building Automation Control Systems (BACS) across the globe.

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The research study comprises of vital information focusing on major market trends and estimated revenue growth rate. Additionally, the report highlights the market competition including the portfolios and strategic alliances and endeavors of the key competitors. It focuses on the mergers and acquisitions, joint ventures, partnerships, collaborations, product launches, brand promotions, and agreements, among others. The report also offers key insights about top companies in the market along with their company overview, business expansion plans, financial standing, production and manufacturing capacity, and global position.

Key companies operating in the market include: Key participants include Siemens AG, Johnson Controls International PLC, Honeywell International Inc., Schneider Electric SE, Robert Bosch GmBH, Legrand SA, United Technologies Corporation, ABB Ltd., Hubble Inc. and LutronElectronics Co. Inc.

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The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. The report also provides an extensive analysis of key regions where the market has established its presence. The report covers major geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. A country-wise analysis is also included to offer better insights into regional spread of the Building Automation Control Systems (BACS) market.

Product Outlook (Revenue, USD Billion; 2018-2026)

  • Electronic Security Safety
  • Access Control
  • Energy Management System
  • Fire Line Safety
  • Heating, Ventilation Air-Conditioning
  • Others

Communication Technology Outlook (Revenue, USD Billion; 2018-2026)

  • Wired
  • Wireless

Application Outlook (Revenue, USD Billion; 2018-2026)

  • Government
  • Hospital
  • Commercial
  • Industrial
  • Institutional
  • Retail
  • IT/ITES
  • Residential

Further key findings from the report suggest

  • Energy management systems would hold the largest market share and witness the growth rate of CAGR 7.7% during the forecast period as unnecessary wastage of energy is being translated into increased expenses on energy which would be optimally managed with the implementation of Building Automation Control Systems (BACS). Also, governments all over the world are putting in consistent efforts to find alternative ways to generate energy as in present situation energy is being generated from natural resources that would soon be depleted.
  • Wireless technology for establishing communication in Building Automation Control Systems (BACS) in connected buildings is estimated to experience the highest growth rate of CAGR 7.85% during the forecast period. The use of wireless communication technology enhances the efficiency of automation and control systems by enabling ease of operation and control of the system.
  • The region of North America would contribute to the largest market share growing with a CAGR 7.8% during the forecast period. A rise in renovation as compared to new construction of buildings in US is responsible for the demand of automation and control system in the buildings. With rise in pollution, the need to have clean and purified air is also driving the market growth.
  • A rise in investment in HVAC systems to reduce energy consumption in existing buildings will further boost the market growth.

Table Of Content-

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2016-2026

Chapter 3. Indicative Metrics

    3.1. Macro Indicators

         3.1.1. Global deployment of Building Automation Control Systems (BACS)

         3.1.2. Global Building Automation Control Systems (BACS) by product type

         3.1.3. Region-wise deployment of Building Automation Control Systems (BACS)

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