Global Building Automation Market

Energy Efficiency Initiatives and Technological Advancements Drive Market Adoption

  • Research Code : MA2E-01-00-00-00
  • SKU : EN00022-GL-MR_00750
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  • Release Date : 11-Jun-2014
  • Region : Global
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The building automation market is dependent on growth factors such as energy efficiency, supportive legislation and regulations for energy efficiency in buildings, as well as buildings' end-user comfort, advancements in digital technology, and growth in commercial construction. The growth is restrained by macroeconomic factors and a lack of legislative support in several countries. BRIC nations, the United States, and Germany will be prime growth spots due to stabilising economies and increased infrastructure spending. Meanwhile, Asia-Pacific and Africa are price-driven markets. Intelligent controls, intact integration of the building system, interoperability, and scalability of the system will play a major role in shaping the market.

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