The e-magazine for KNX home & building control

TechNavio Finds Need for Improved Safety Systems a Major Driver for Commercial Building Automation Market

TechNavio recognizes the following companies as the key players in the Global Commercial Building Automation Market: Siemens AG, Johnson Controls Inc., Honeywell International Inc., and Schneider Electric SA.

Commenting on the report, an analyst from TechNavio’s team said: “Though the EMEA region contributed less market share to the Global Commercial Building Automation market compared to the Americas, the Commercial Building Automation market in the EMEA region is growing at a faster rate than the Commercial Building Automation market in the Americas. The increasing awareness about commercial building automation systems and the enforcement of government policies toward energy conservation is expected to drive the increasing adoption of commercial building automation systems in this region. In the EMEA region, the Middle East is the fastest growing region for commercial building automation systems. The Commercial Building Automation market in the Middle East has remained strong despite the political unrest and economic uncertainty in Dubai. This region is expected to invest a huge amount toward its infrastructure development. For instance, according to Abu Dhabi Plan 2030, this region is expected to invest around US$40 billion in a project to build a 4,500 hectare Capital District.”

According to the report, one of the major drivers is the need for improved safety systems. The effective deployment of effective safety systems allows enterprises to avoid any unwanted activities and offer better working environments to their employees.

Further, the report states that the vendors of commercial building automation systems are facing increased competition from other international vendors and counterfeit building automation vendors due to the lack of product differentiation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit

www.technavio.com/engineering-and-automation

Share on facebook
Share
Share on twitter
Tweet
Share on linkedin
Share

SPONSORS

LUXA 103 KNX presence detectors


LUXA 103 KNX presence detectors
LUXA 103 presence detectors with a round detection area for individual and open-plan offices, meeting and storage rooms, cellars ...