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(Transportation-News.com, April 15, 2017 ) According to Publisher, Building Automation Market is estimated at $35.9 billion in 2015 and is expected to reach $67.1 billion by 2022 growing at a CAGR of 9.6% from 2015 to 2022. Strict government initiatives, growing demand for energy efficient systems & solutions, and increasing cost saving needs of the building owners have played a key role in boosting the market growth. However, some of the factors restraining the market growth include limited availability of skillful experts and lack of consciousness about installation costs.
For more information about this report: http://www.reportsweb.com/building-automation-global-market-outlook-2016-2022
Among products, security & access controls segment commanded the major share in building automation market which can be attributed to the increasing concerns about energy conservation. Asia Pacific is anticipated to witness high growth led by countries such as Japan, China, India and South Korea. Germany, France, Spain, and U.K. are expected to boost the European building automation market in the near future.
The key players of this market include, Siemens Ag, Schneider Electric, Honeywell International, Inc., Emerson Electric Co., ABB, Bosch Security Systems, Johnson Controls, Inc., United Technologies Corp., Legrand S.A., Hubbell Inc., Ingersoll-Rand PLC, Cisco systems Inc, Royal Philips Electronics N.V. and Daintree Networks Inc.
Applications Covered:
-Commercial
-Lodging
-Office
-Retail
-Healthcare
-Industrial
-Residential
-Other Applications
Products Covered:
-HVAC Control
-Smart Thermostats
-Heating & Cooling Coils
-Sensors
-Pumps & Fans
-Smart Vents
-Control Valves
-Actuators
-Dampers
-Security & Access Control
-Software/Video Analytics
-Video Surveillance
-Services
-Biometric Systems
- Lighting Control
-Transmitters
-Receivers
-Daylight Sensors
-Relays
-Occupancy Sensors
-Blind/Shutter Actuators
-Switch Actuators
-Dimming Actuators
-Timers
-BACS Services
-Training
-Installation and Maintenance
-Other BACS Services
-Building Energy Management Software
-Fire Protection Systems
-Sensors & Detectors
-Fire Alarms
-Emergency Lighting, Voice Evacuation, and Public Alerts
-Fire Sprinklers
-Other Products
-Smart Locks
-Smart Plugs
-Smart Hubs
-Smart Meters
-Smoke Detectors
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Regions Covered:
-North America
-US
-Canada
-Mexico
-Europe
-Germany
-France
-Italy
-UK
-Spain
-Asia Pacific
-Japan
-China
-India
-Australia
-New Zealand
-Rest of Asia
-Rest of the World
-Latin America
-Middle East
- Africa
-Others
Company Profiling
9.1 Siemens Ag
9.2 Schneider Electric
9.3 Honeywell International, Inc.
9.4 Emerson Electric Co.
9.5 ABB
9.6 Bosch Security Systems
9.7 Johnson Controls, Inc.
9.8 United Technologies Corp.
9.9 Legrand S.A.
9.10 Hubbell Inc.
9.11 Ingersoll-Rand PLC
9.12 Cisco systems Inc.
9.13 Royal Philips Electronics N.V.
9.14 Daintree Networks Inc.
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ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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