According to TechSci Research, The Global Intelligent Building Automation (IBA) Technologies Market size is predicted to grow at a CAGR of over 6% during the forecast period. The market for intelligent building automation technologies is growing mainly due to the increasing need for enhanced security and safety in buildings. Moreover, intelligent building automation helps in the reduction maintenance and operating costs and enhances the life of the building, this in turn is driving the growth of the intelligent building automation technologies industry.
Increasing number of favorable government initiatives to build smart cities is expected to create potential opportunities for the growth of the intelligent building automation technologies market. Based on geographical landscape, the intelligent building automation technologies market was the largest in the North American region in 2019. The growth of the market in the North American region is majorly attributed to the rising concern of global warming and increasing energy consumption by buildings.
Some of the leading players in the Global Intelligent Building Automation Technologies market are Siemens Building Technologies, Schneider Electric SE, Rockwell Automation Inc., Johnson Controls International plc, Ingersoll-Rand plc, Honeywell International Inc., General Electric Company, Eaton Corporation Plc, Azbil Corporation, ABB group and others.
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Objective of the Study:
- To analyse and forecast the market size of Intelligent Building Automation Technologies, in terms of value.
- To classify and forecast global Intelligent Building Automation Technologies based on product, application and regional distribution.
- To identify drivers and challenges for Global Intelligent Building Automation Technologies Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc. in Global Intelligent Building Automation Technologies Market.
- To conduct the pricing analysis for Intelligent Building Automation Technologies.
- To identify and analyse the profile of leading players involved in the of Global Intelligent Building Automation Technologies system.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Solution Providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Service Providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration Solution Providers across the globe.
TechSci Research calculated the market size of Global Intelligent Building Automation Technologies using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
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Key Target Audience:
- Intelligent Building Automation Technologies Service Providers
- Networking technologies vendors
- Subcomponent manufacturers
- Technology providers
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details | |
| Base Year | 2021 | |
| Historical Data | 2017 – 2020 | |
| Estimated Year | 2022 | |
| Forecast Period | 2023 – 2027 | |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F | |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered | · Product
· Application |
|
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia | |
| Key companies profiled | Siemens Building Technologies, Schneider Electric SE, Rockwell Automation Inc., Johnson Controls International plc, Ingersoll-Rand plc, Honeywell International Inc., General Electric Company, Eaton Corporation Plc, Azbil Corporation, ABB group. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
Report Scope:
In this report, Global Intelligent Building Automation Technologies market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Intelligent Building Automation Technologies Market, By Product:
- Security Systems
- Life Safety Systems
- Facility Management Systems
- Building Energy Management Systems
- Intelligent Building Automation Technologies Market, By Application
- Residential
- Commercial
- Industrial
- Intelligent Building Automation Technologies Market, By Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Intelligent Building Automation Technologies Market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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