October 27, 2020

What is Building Automation System and How Can It Help in a Business?

The "global building automation system market analysis to 2027" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global building automation system market trend analysis. The report aims to provide an overview of the building automation system market with detailed market segmentation by offering, by application and by communication and technology. The global Building automation system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading building automation system market players and offers key trends and opportunities in the building automation system market.

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Top Key Players:

1. ABB
2. Crestron Electronics, Inc.
3. Distech Controls Inc.
4. Hitachi, Ltd.
5. Hubbell.
6. Ingersoll-Rand plc,
7. Johnson Controls.
8. Lennox
9. Robert Bosch GmbH
10. Schneider Electric

The building automation system market is heavily influenced by driving factors such as the increasing requirement for energy-efficient facilities with enhanced security systems. Besides this, advancements in wireless communication technologies have lessened the complexity and the cost of installing building automation system in the existing buildings. However major restraints faced by companies in the building automation system market include the false notion about the installation cost and technical difficulties and a shortage of skilled experts.

The global building automation system market is segmented on the basis of by offering, by application and by communication and technology. Based on offering type the market is segmented as facility management systems, HVAC control systems, security and access control systems, fire protection systems, building energy management software, AS services. On the basis of application the market is segmented residential, commercial and Industrial application. On the basis of communication and technology the market is segmented as wireless technologies and wired technologies.

Source: The Insight Partners