PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1511766
PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1511766
The demand for commercial building automation controls has been growing over the past decade as organizations aim to reduce their energy consumption and carbon footprint. By automating technologies such as HVAC, lighting, fire and life safety, and security and access controls, building owners and facility managers have realized they can achieve benefits such as more efficient energy consumption, increased response times to emergencies, and a healthier occupant environment. The latest advances in building technologies have facilitated the ability to connect and manage all building systems through a single interface that enables real-time communication and automates responses to changes in the building environment.
The transition by organizations worldwide toward smart, integrated systems has accelerated in recent years due to factors such as energy price volatility, sustainability stakeholder pressures, legislative obligations, and the need to optimize space utilization. In addition, commercial building automation technology vendors have been able to develop smart systems paired with open communications protocols that can seamlessly integrate into third-party building management systems and allow for easier and faster deployment of automated technologies. The combination of increased customer demand with more easily integrated technologies has resulted in a growing market size for commercial building automation controls.
This Guidehouse Insights report provides a comprehensive analysis of the commercial building automation controls market, covering the trends, drivers, and barriers that have shaped its evolution in recent years. Additionally, it presents a 10-year forecast, offering insights into the future trajectory of the market across five global regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), four technology segments (HVAC controls, lighting controls, fire and life safety controls, security and access controls), and eight commercial building types (office, retail, education, healthcare, hotels and restaurants, institutional/assembly, warehouse, transport).
Commercial Building Automation Controls Revenue by Technology, Middle East & Africa: 2024-2033"
Commercial Building Automation Controls Value Chain