Markets Forecast 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) and competitive landscape
Product Code: ETC002938 | Publication Date: Jun 2020 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The UAE Building Automation System Market report thoroughly covers the market by Products, Technology, and Applications. 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.
The UAE Building Automation System Market has witnessed growth in the past years. The market is expected to grow continuously in the coming years at a significant growth rate. This is driven by various factors such as increased prices of electricity, government initiatives, reduced operational costs, and advanced technology.
According to 6Wresearch, the UAE Building Automation System Market size is expected to grow at a significant CAGR of 10% during 2024-2030. One of the primary drivers for the market is government initiatives such as Green Building Regulations and Specifications (GBRS) to encourage sustainability in the construction sector. The rising electricity prices and growing concerns about the environment led building owners to include building automation systems to improve their efficiency. Moreover, the rapid advancements in technology have made sophisticated and efficient building automation systems to meet the specific needs of the buildings. Furthermore, building automation systems help to reduce operational costs for building owners and also eliminate labour costs and manual monitoring.
The high implementation costs of building automation systems are a barrier for small and medium enterprises. Building automation systems requires highly skilled workers to install, operate and maintain, however, the market is facing a shortage of skilled workers. Moreover, building automation systems collect and store sensitive information such as building layouts and energy usage patterns, making it vulnerable to cyber-attacks.
The UAE building automation system market is highly competitive, with the presence of several global and regional players. These companies offer a wide range of products and services, focusing on energy efficiency and sustainability. Some of the key players operating in the UAE building automation system market include Schneider Electric SE, Honeywell International Inc., Johnson Controls International plc, Siemens AG, ABB Ltd., Delta Electronics Inc., Crestron Electronics Inc., and Emerson Electric Co.
One of the main initiatives is the implementation of the UAE Vision, which aims to make the country one of the best in terms of infrastructure quality and sustainability. The government has set targets to reduce energy consumption and promote green buildings. Additionally, the UAE government has launched various programs and campaigns to increase awareness about building automation systems among building owners, developers, and operators. Moreover, the country's regulatory bodies have introduced stringent building codes and standards that mandate the use of building automation systems in new constructions. Furthermore, the government has taken steps to attract foreign investments in this sector by offering tax incentives and creating a favourable business environment.
The UAE building automation systems market is expected to witness significant growth in the coming years due to various factors such as increasing construction activities, rising awareness about energy consumption and sustainability, and technological advancements. The use of IoT and AI-based solutions in building automation systems is gaining traction in the region, offering enhanced control, monitoring, and predictive maintenance capabilities. With rapid urbanization and the growing need for energy-efficient solutions, the demand for building automation systems in residential, commercial, and industrial buildings is expected to rise.
According to Ravi Bhandari, Research Head, 6Wresearch, the HVAC control segment is the largest segment of the market due to the increasing demand for energy-efficient solutions and the rising adoption of green building initiatives in both residential and commercial sectors.
In terms of technology, the wireless segment is growing in the market. This is due to easy installation, scalability, and flexibility in system design. Moreover, with the advanced technology in wireless, there is a shift in integrating them into building efficient solutions.
The commercial sector is projected to dominate the market due to the increasing number of smart buildings and high demand for energy management solutions in commercial establishments.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. UAE Building Automation System Market Overview |
3.1. UAE Country Indicators |
3.2. UAE Building Automation System Market Revenues, 2020-2030F |
3.3. UAE Building Automation System Market Revenue Share, By-Products, 2020 & 2030F |
3.4. UAE Building Automation System Market Revenue Share, By Technology, 2020 & 2030F |
3.5. UAE Building Automation System Market Revenue Share, By Applications, 2020 & 2030F |
3.6. UAE Building Automation System Market - Industry Life Cycle |
3.7. UAE Building Automation System Market - Porterβs Five Forces |
4. UAE Building Automation System Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. UAE Building Automation System Market Trends |
6. UAE Building Automation System Market Overview, By-Products |
6.1 UAE Building Automation System Market Revenues, By Products, 2020-2030F |
6.1.1 UAE HVAC Control System Market Revenues, 2020-2030F |
6.1.2 UAE Lighting Control System Market Revenues, 2020-2030F |
6.1.3 UAE Security & Access Control System Market Revenues, 2020-2030F |
6.1.4 UAE Energy Automation System Market Revenues, 2020-2030F |
6.1.5 UAE Fire Protection System Market Revenues, 2020-2030F |
7. UAE Building Automation System Market Overview, By Technology |
7.1 UAE Building Automation System Market Revenues, By Technology, 2020-2030F |
7.1.1 UAE Building Automation System Market Revenues, By Wired Technology, 2020-2030F |
7.1.1.1 UAE Wired Building Automation System Market Revenue Shares, By Types, 2020 & 2030F |
7.1.1.2 UAE Wired Building Automation System Market Revenues, By Types, 2020-2030F |
7.1.2 UAE Building Automation System Market Revenues, By Wireless Technology, 2020-2030F |
7.1.2.1 UAE Wireless Building Automation System Market Revenue Shares, By Types, 2020 & 2030F |
7.1.2.2 UAE Wireless Building Automation System Market Revenues, By Types, 2020-2030F |
8. UAE Building Automation System Market Overview, By Applications |
8.1 UAE Building Automation System Market Revenues, By Applications, 2020-2030F |
8.1.1 UAE Building Automation System Market Revenues, By Residential, 2020-2030F |
8.1.2 UAE Building Automation System Market Revenues, By Commercial, 2020-2030F |
8.1.3 UAE Building Automation System Market Revenues, By Industrial, 2020-2030F |
9. UAE Building Automation System Market - Key Performance Indicators |
10. UAE Building Automation System Market - Opportunity Assessment |
10.1. UAE Building Automation System Market Opportunity Assessment, By-Products, 2030F |
10.2. UAE Building Automation System Market Opportunity Assessment, By Technology, 2030F |
10.3. UAE Building Automation System Market Opportunity Assessment, By Applications, 2030F |
11. UAE Building Automation System Market Competitive Landscape |
11.1. UAE Building Automation System Market Revenue Share, By Companies, 2023 |
11.2. UAE Building Automation System Market Competitive Benchmarking, By Operating & Technical Parameters |
12. Company Profiles |
13. Key Recommendations |
14. Disclaimer |