Jordan Building Automation Market (2024-2030) | Value, Revenue, Size, Analysis, Trends, Share, Growth, COVID-19 IMPACT, Forecast, Industry, Outlook & Companies

Jordan Building Automation Market Highlights

Report Name	Jordan Building Automation Market
Forecast period	2024-2030
CAGR	8%
Growing Sector	Commercial

Topics Covered in the Jordan Building Automation Market Report

The Jordan Building Automation Market report thoroughly covers the market by Products, Applications, and Control Technology. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Jordan Building Automation Market Synopsis

The Jordan Building Automation Market has been experiencing significant growth in recent years and will continue to grow in the coming years. This growth is attributed to urbanization, rising demand for energy-efficient buildings, increasing awareness, and government support for the market.

According to 6Wresearch, the Jordan Building Automation Market size is expected to grow at a significant CAGR of 8% during 2024-2030. One of the major drivers of the building automation market in Jordan is the increasing demand for energy-efficient solutions. The rising energy costs and growing concerns about environmental sustainability have led to a greater focus on reducing energy consumption in buildings. Building automation systems offer advanced control over energy usage and hence result in significant cost savings for building owners and improved sustainability. Moreover, the Jordan government has taken various initiatives to promote the building automation market. Technological advancements have led to the development of new and innovative products that are more efficient, and provide safety to the building. Additionally, the increase in construction activity in Jordan has fueled the building automation market. Furthermore, there is an increasing awareness among building owners, architects, and engineers about the benefits of building automation systems.

One of the primary challenges faced by the building automation market in Jordan is the high initial cost of implementing these systems. Moreover, building automation systems require skilled labour to design, install, and maintain. However, Jordan faces a shortage of skilled labour. Another challenge faced by the building automation market in Jordan is resistance to change from traditional methods of building management. Furthermore, lack of awareness and education about the benefits of using these systems limits its adoption in the market.

Jordan Building Automation Industry: Leading Players

Schneider Electric SE, Siemens AG, Honeywell International Inc., Johnson Controls International plc, ABB Ltd., Delta Controls Inc., Trane Technologies plc, Cisco Systems, Inc., Emerson Electric Co., and Legrand SA are some of the key players in the Jordan building automation market. These companies offer a wide range of building automation solutions and services including energy management, security systems, HVAC control systems, and lighting control. They also focus on developing innovative products and expanding their reach in the market through partnerships and acquisitions.

Jordan Building Automation Market: Government Regulations

One of the major initiatives is the establishment of The Energy Efficiency and Renewable Energy Fund (EREF). It provides financial support for energy efficiency projects across various industries, including buildings. The government has also implemented regulations and standards that require new constructions to meet certain energy efficiency criteria. This includes mandatory installation of building automation systems in commercial buildings. Moreover, the Jordanian government has also launched awareness campaigns and training programs to educate building owners, contractors, and professionals about the benefits of building automation systems. They have also introduced incentives for residential properties, such as tax breaks and subsidies for homeowners who invest in energy-efficient technologies.

Future Insights of the Market

The Jordan Building Automation Market is expected to grow significantly in the coming years. The market is expected to witness a rise in demand for advanced building automation solutions, especially in commercial buildings and smart homes. Technological advancements such as the Internet of Things (IoT) and artificial intelligence are also expected to drive the market as they offer improved energy efficiency and convenience in controlling building systems.

Market Segmentation by Products

According to Ravi Bhandari, Research Head, 6Wresearch, the Building Energy Management Services segment is expected to experience growth in the Jordan building automation market due to to the increasing focus on energy efficiency and sustainability in buildings, especially in the commercial and industrial sectors.

Market Segmentation by Applications

Based on the applications, the commercial building segment dominates the Jordan building automation market due to the increasing number of commercial properties in the country and the need for efficient management systems.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Jordan Building Automation Market Overview
• Jordan Building Automation Market Outlook
• Jordan Building Automation Market Forecast
• Historical Data of Jordan Building Automation Market Revenues & Volume for the Period 2020-2030
• Jordan Building Automation Market Size and Jordan Building Automation Market Forecast of Revenues & Volume, Until 2030
• Historical Data of Jordan Building Automation Market Revenues & Volume, By-Products, for the Period 2020-2030
• Market Size & Forecast of Jordan Building Automation Market Revenues & Volume, By-Products, Until 2030
• Historical Data of Jordan Building Automation Market Revenues & Volume, By Control Technology, for the Period 2020-2030
• Market Size & Forecast of Jordan Building Automation Market Revenues & Volume, By Control Technology, Until 2030
• Historical Data of Jordan Building Automation Market Revenues & Volume, By Applications, for the Period 2020-2030
• Market Size & Forecast of Jordan Building Automation Market Revenues & Volume, By Applications, Until 2030
• Market Drivers and Restraints
• Jordan Building Automation Market Price Trends
• Jordan Building Automation Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Jordan Building Automation Market Share, By Players
• Jordan Building Automation Market Share, By Regions
• Jordan Building Automation Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Jordan Building Automation Market report provides a detailed analysis of the following market segments:

By-Products:

• Security and Access Control System
• Fire Protection System
• Lighting Control System
• HVAC Control System
• Building Energy Management Services

By Control Technology:

• Wired
• Wireless

By Applications:

• Residential Building
• Commercial Building
• Industrial Building