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

Saudi Arabia Building Automation System Market report comprehensively covers the Saudi Arabia Building automation System Market by-products, technology, and applications. Saudi Arabia 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.

Saudi Arabia Building Automation System Market Synopsis

Saudi Arabia Building Automation System Market would grow at a significant rate over the coming years on account of the growing trend of the smart buildings across the country. The Saudi Arabia building automation system market witnessed a decline in the recent past as the country experienced huge slump in oil prices, however, the aforementioned market is anticipated to grow substantially over the forecast period on the back of diversifying the economy of the country from oil sector to the non-oil sector that has been boosted by the favourable government policies such as Saudi Vision 2030. Additionally, Saudi Arabia National Development and Logistic Program is expected to attract huge number of investments of around USD 500 billion by 2030 in manufacturing, logistics, transportation, and commercial sectors, thereby driving the demand for building automation system market in the coming years. However, the spread of coronavirus would act as a restraint to the growth of building automation system market in Saudi Arabia for the year 2020 due to the overall economic slowdown that would affect the investments made in the infrastructural development projects in the country. 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, Saudi Arabia Building Automation System Market size is projected to grow at CAGR of 5.0% 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

Based on the product types, HVAC control systems has garnered the maximum market revenue shares in the overall market revenues in 2019 and is expected to maintain the same over the coming years. Saudi Arabia is characterized by its extreme climatic conditions; hence HVAC systems are in continuous usage all-year-round throughout the country. Furthermore, rising demand for smarter heating and cooling in the buildings under the aegis of strict government regulations to opt for energy-efficient solutions would propel the demand for HVAC control over the coming years.

Market Analysis by Applications

Based on applications, the commercial sector is the leading market revenue-generating application in the building automation system market in Saudi Arabia in 2019 owing to the rising number of infrastructural development projects such as GCC railway project, Red Sea project, Neom project and several such across the country underpinned by initiatives such as National Transformation Program 2020. Moreover, the rising adoption of LEED accredited buildings with a vision to promote sustainable development would impel the growth of the building automation system market in the commercial sector over the forecast period.

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

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

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• Latin America Building Automation System Market Report