Kuwait Building Automation System Market (2020-2026) | Outlook, COVID-19 IMPACT, Industry, Growth, Companies, Size, Trends, Analysis, Share, Forecast, Revenue & Value

Kuwait Building Automation System Market report comprehensively covers the Kuwait Building automation System Market by-products, technology, and applications. Kuwait Building automation System Market outlook report provides an unbiased and detailed analysis of the building automation system market on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Kuwait Building Automation System Market Synopsis

Kuwait Building Automation System Market is expected to grow at a steady rate over the coming years on account of the growing infrastructural development projects across the country such as the development of South Al-Mutlaa City, expansion of airports supported by the government’s ambitious Kuwait Vision 2030. Furthermore, the rising investments of the government in the transportation and industrial sectors coupled with the rising influx of FDI in the commercial sector would propel the demand for building an automation system market in Kuwait over the forthcoming period. Moreover, increasing environmental concerns coupled with the country’s vision to fulfil sustainable goals target would further augment the demand for building automation system market in Kuwait over the coming years. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.

According to 6Wresearch, Kuwait Building Automation System Market size is projected to grow at CAGR of 5.7% during 2020-2026. With the introduction of commercial 5G network by Rain, data-only network provider, and expansion of Wi-Fi initiatives by Google and BRCK in the country, the corporate sector would be having a major revenue share in the Building Automation System market and is expected to show strong growth in future due to availability of better video quality and fast internet services. Further, to avoid high expenditure on overseas air travel and hotel accommodation for health-related purposes due to weak and ailing Rand, the healthcare sector is anticipated to exhibit a substantial growth in the Building Automation System market during the forecast period.

Market Analysis by Product Types

On the basis of products, HVAC control systems account for major market revenue share in the overall market revenues in 2019 and is expected to retain the same over the forthcoming period owing to the extreme climatic conditions of Kuwait which necessitate the continuous usage of the HVAC systems all the year-round. Additionally, the rising awareness regarding smart heating and cooling techniques which would enhance the energy efficiency of the systems would further augment the demand for HVAC control systems.

Market Analysis by Applications

On the basis of application, the commercial sector holds a prominent market revenue share in the overall market revenues in 2019 in Kuwait and is anticipated to maintain its dominance over the forecast period on account of the growing investments in the tourism sector that would create ample opportunities for the construction of malls, airports, hotel chains. However, on account of the COVID-19 pandemic, the tourism industry would face a downfall worldwide that would result in an economic slowdown in the first half of 2020 but the building automation system market in Kuwait would be driven by the service sector during this duration.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects

Key Highlights of the Report:

• Kuwait Building Automation System Market Overview
• Kuwait Building Automation System Market Outlook
• Market Size of Kuwait Building Automation System Market, 2019
• Forecast of Kuwait Building Automation System Market, Until 2026
• Historical Data and Forecast of Kuwait Building Automation System Market Revenues for the period, 2016-2026
• Market Size and Forecast of Kuwait Building Automation System Market Revenues, By Products, Until 2026
• Historical Data and Forecast of Kuwait Building Automation System Market Revenues for the period, By Products, 2016-2026
• Market Size and Forecast of Kuwait Building Automation System Market Revenues, By Technology, Until 2026
• Historical Data and Forecast of Kuwait Building Automation System Market Revenues for the period, By Technology, 2016-2026
• Market Size and Forecast of Kuwait Building Automation System Market Revenues, By Applications, Until 2026
• Historical Data and Forecast of Kuwait Building Automation System Market Revenues for the period, By Applications, 2016-2026
• Market Drivers and Restraints
• Kuwait Building Automation System Market Trends
• Kuwait and Africa Building Automation System Industry Life Cycle
• Porter’s Five Force Analysis
• Kuwait Building Automation System Market Opportunity Assessment
• Kuwait Building Automation System Market Revenue Share, By Company
• Kuwait Building Automation System Market Revenue Share, By Regions
• Kuwait Building Automation System Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

• By Products:
• HVAC Control
• Lighting Control
• Security & Access Control
• Energy Management System
• Fire Protection System
• By Technology:
• Wired Technology:
• Digital Addressable Lighting Interface
• KNX
• Lonworks
• Building Automation & Control Networks
• Modbus
• Wireless Technology:
• Zigbee
• Enocean
• Z-Wave
• Wi-Fi
• Bluetooth
• Thread
• Infrared
• Modbus
• By Applications:
• Residential
• Commercial
• Industrial

Other Key Reports Available:

• Asia Pacific Building Automation System Market Report
• Europe Building Automation System Market Report
• North America Building Automation System Market Report
• Latin America Building Automation System Market Report