Middle East Building Automation Market Report Forecast By System Type, Application, Components, Countries and Company Analysis

Middle East Building Automation Market Analysis

Middle East Building Automation Market will reach US$ 16,623.6 million by 2032, up from US$ 6,686.0 million in 2023, with a CAGR of 10.65% between 2024 and 2032. Government initiatives for smart cities, rising urbanization rates, and an enlarged focus on energy efficiency are driving factors in the Middle East Building Automation Market. IoT and AI advancements enhance building management systems, and the growing need for automated and sustainable solutions in the residential and commercial sectors drives growth even more. Furthermore, the increased focus on comfort and security in building environments encourages the purchase of sophisticated automation systems.

Middle East Building Automation Industry Outlooks

The term "building automation" describes the centralized management of a structure's vital functions, including security, lighting, HVAC, and other systems. These systems increase operating efficiency, optimize energy consumption, and improve comfort through the use of sensors, controllers, and software. Real-time monitoring and administration are made possible by building automation, which also makes regular chores automated and permits remote access. Through lower energy use and expenses and improved comfort and safety for residents, this technology promotes sustainable habits. Capabilities are further improved through integration with the Internet of Things (IoT), enabling predictive maintenance and more intelligent decision-making. Thus, in modern architecture, building automation systems are becoming more and more essential, particularly in commercial settings and smart city efforts.

The Middle East Building Automation Market is seeing expansion due to a number of factors, including the growing demand for smart infrastructure brought about by fast urbanization and population growth. Investment in automation technologies is bolstered by government programs that support sustainability and the creation of smart cities. Automated system adoption is encouraged in businesses and homes by growing awareness of cost and energy savings. Furthermore, building management skills are enhanced by developments in cloud computing, AI, and IoT. Adoption of advanced building automation solutions in the residential and commercial sectors is further propelled by the increased emphasis on safety and comfort as well as regulatory compliance.

Driving Forces of Middle East Building Automation Market

Urbanization

Due to the rapid development of smart infrastructure brought about by population increase, urbanization is a major growth driver for the Middle East Building Automation Market. The region's major cities are growing significantly, and in order to handle the growing urban population, effective building management systems are required. In both residential and commercial buildings, these technologies maximize energy utilization, improve occupant comfort, and boost overall operational efficiency. The need for automated systems that integrate several building operations, such lighting, HVAC, and security, is growing as metropolitan environments change. This trend encourages investment in building automation technologies throughout the region by supporting government initiatives for smart city projects and supporting sustainability aims.

Government initiatives boosts the industry growth

The Middle East Building Automation industry is significantly driven by government initiatives because many of the region's nations place a high priority on sustainable development and the creation of smart cities. Advanced building automation technology investments are encouraged by national policies that support environmental sustainability and energy efficiency.

As stated in the UAE government's Dubai Industrial Strategy 2030 and Abu Dhabi Economic Vision 2030, the goal is to double the industrial manufacturing sector's GDP contribution to 25%. The goal of the government's Operation 300 billion plan is to grow the industrial sector and strengthen its contribution to boosting the UAE's economy. By 2031, it wants to raise the industrial sector's GDP contribution to AED 300 billion (about USD 82 billion). Furthermore, Operation 300 billion is greatly facilitated by the Emirates Development Bank (EDB). The bank has set aside AED 30 billion over the course of five years to help priority industrial sectors under the strategy. It is anticipated that these expenditures will increase the need for automated material handling in the industrial sector. These programs encourage cooperation between the public and commercial sectors, which stimulates market expansion and innovation. The Middle East's future urban environments will be shaped by the increasing need for advanced building automation systems brought about by governments' quest for modernization and better infrastructure.

Saudi Arabia Building Automation Market

Building automation in Saudi Arabia is expanding rapidly, propelled by government programs, a strong emphasis on sustainability, and the country's fast urbanization. The goal of Vision 2030 is to modernize the country's infrastructure by encouraging the creation of smart cities that use cutting-edge automation technologies. Market expansion is further fueled by the growing need for cost-cutting and energy efficiency in both the residential and commercial sectors. Building management systems are improved by technological developments in IoT, AI, and cloud computing, which enable real-time monitoring and efficient operations. Furthermore, expenditures in automation solutions are increased due to the increased focus on safety and security systems. In the upcoming years, the building automation industry is expected to increase significantly as the nation attempts to modernize its urban landscape.

United Arab Emirates Building Automation Market

Government initiatives aimed at developing smart cities and widespread urbanization are fueling the building automation market's rapid expansion in the United Arab Emirates. Initiatives like Vision 2030 in Abu Dhabi and Dubai's Smart City program place a strong emphasis on advanced technological integration and sustainability. Building automation system investment is being driven by the growing need for energy-efficient solutions in the commercial, residential, and hospitality sectors. For instance, With regard to electricity generation, the United Arab Emirates plans to add about 21 GW of capacity, of which 26.1% will come from solar power. It is probable that these infrastructure advancements will offer industrial controls and factory automation solutions.

Furthermore, the Internet of Things (IoT) and artificial intelligence (AI) provide improved lighting, HVAC, and security management, enhancing operational effectiveness and occupant comfort. Additionally, the UAE's dedication to green building guidelines and environmental restrictions creates an atmosphere that is conducive to the adoption of automation. Owing to these factors, the market is expected to increase significantly and will support the nation's goal of encouraging creative and sustainable urban life.

Middle East Building Automation Company Analysis

The key players in Middle East building automation industry are Siemens AG, Honeywell International Inc., LG Electronics, Hitachi, Ltd., Schneider Electric, Electrolux, Samsung and Haier Inc.

Middle East Building Automation Company News

Sep 2023- The innovative OpenBlue Service-Ensuring Security Device Performance was introduced by Johnson Controls with the goal of optimizing security system investments and improving building safety. By integrating Johnson Controls' OpenBlue suite, this service makes it possible to manage and control security equipment made by different manufacturers. Offering a comprehensive solution to enhance the functionality and security of building settings, it consists of integrated zero-trust cybersecurity protection system, remote support services, and expert engineering insights.

June 2023- In order to produce hardware for energy efficiency and sustainability, including sophisticated Altivar Process Modular (APM) Drives, Schneider Electric established a new production line in Riyadh. The company claims that the new manufacturing facility has the newest robotics and automation technology.

April 2023- The kingdom's newest industrial zone, King Salman Energy Park (SPARK), is home to Honeywell's eighth advanced regional production center in the nation. The company states that engineering, manufacturing, and assembly lines encompassing its industrial control and automation systems would be housed in the new facility.

System Type- Market breakup in 6 viewpoints:

1. Facilities Management Systems

2. Security and Access Controls

3. Fire Protection Systems

4. Building Energy Management Software

5. BAS Services

6. Others

Application- Market breakup in 3 viewpoints:

1. Industrial

2. Residential

3. Commercial

Components- Market breakup in 2 viewpoints:

1. Hardware

2. Software

Countries- Market breakup in 8 viewpoints:

1. Saudi Arabia

2. United Arab Emirates

3. Qatar

4. Kuwait

5. Bahrain

6. Oman

7. Turkey

8. Others

All the key players have been covered from 5 Viewpoints:

• Business Overview
• Key Persons
• Product Portfolio
• Recent Development & Strategies
• Financial Insights

Key Players Analysis:

1. Siemens AG

2. Honeywell International Inc.

3. LG Electronics

4. Hitachi, Ltd.

5. Schneider Electric

6. Electrolux

7. Samsung

8. Haier Inc.