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Building Automation & Controls Future Market by Product Segment (Lighting control, HVAC control, Security & Access control) by 2020

Tuesday, May 26, 2015 3:40

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Building Automation & Controls Market by Product Segment (Lighting control, HVAC control, Security & Access control), Application Vertical (Residential, Commercial, and Industrial), and Geography (North America, Europe, APAC, and ROW) – Global Forecast to 2020.

The total building automation and controls market is expected to reach $55.48 billion by 2020 at a CAGR of 9.04% from 2014 to 2020. The market in 2013 was valued at $29.78 billion.

The global building automation and controls market is segmented into three categories, which include: products segment, application, and geography. The products segment includes lighting control, security & access control, and HVAC control. The application part of the report has been classified into 3 categories, which include residential, commercial, and institutional. The building automation and controls market is also mapped against geography. The market by geography is segmented on the basis of various economic regions such as North America, Europe, APAC, and ROW, of which North America accounts for the largest share.

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This report, based on the extensive research study on building automation and controls market, is aimed at identifying the major application verticals, namely the residential, commercial, and industrial sectors.

In terms of the product segment, the building automation and controls industry is classified on the basis of lighting control, HVAC control, and security & access control. The “security and access control” application vertical, which is further segmented into video surveillance and biometric systems, has been dominating the building automation & controls market as a result of the increasing security practices in buildings.

The top five prominent players in the building automation & control market are Honeywell International (U.S.), Siemens (Germany), Johnson Controls (U.S.), Schneider Electric (France), and United Technologies (U.S.). Some of the other companies that hold a lion’s share in this market include Lutron (U.S.), Bosch security systems (Germany), Control4 (U.S.), Legrand (France), and Tyco (Siwtzerland).

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Apart from the market segmentation, the report also covers the various protocols & standards used, both wired and wireless; Porter’s five force analysis; value chain with detailed process flow diagram; and market dynamics such as drivers, restraints, and opportunities for the overall building automation market as well as for the major control products.

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MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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