6wresearch logo

Saudi Arabia building automation and control market to achieve 9.4% CAGR during 2015-21

December 22, 2015

Based on 6Wresearch's new report, "Saudi Arabia Building Automation and Control Market (2015-2021)", Saudi Arabia building automation and control market will grow at a CAGR of 9.4% during 2015-2021. The country's building automation market is highly fragmented where large number of domestic and international players is providing their products in the country. Rising infrastructure has played a vital role for the significant growth of the market. In construction market, Saudi Arabia leads among all GCC countries.

According to Rajat Kharbanda Senior Consultant, Research and Consulting, 6Wresearch, "Residential, hospitality and healthcare, and retail are the major revenue contributing verticals in the overall market. Saudi Arabia is witnessing significant infrastructure development activities in these verticals, which has spurred the market. Also, increasing demand for energy management in the residential vertical would further stimulate the growth of the market".

"Moreover, increasing number of foreign tourists has driven the construction of new hotels across the country, which is resulting into deployment of physical security systems, air conditioning units, elevators, etc. With the changing government policies, many new companies from different industries are entering in the country to explore business opportunities, which is leading to the construction business parks and industrial hubs," Rajat further added.

Shefali Goel, Research Associate, Research and Consulting, 6Wresearch said, "Central and western regions are the key revenue generating regions in the building automation and control market. Increasing investments, rise in infrastructure, growing IT sector, and establishment of several industries in these regions have contributed for their growth. Riyadh, Jeddah, Makkah and Madinah have led for the growth of these regions".

"In building automation market, air conditioners, elevators and escalators, fire and safety, and video surveillance segments have dominated the market and would lead through the forecast period. Over the next six years, segments such as video surveillance systems and lighting controls are expected to grow with relatively higher CAGR than other segments," Shefali concluded.

Some of the companies in Saudi Arabia building automation and control market include - Axis Communication, Bosch Security System, Pelco, Honeywell, Zamil Air Conditioners, Al Salem Johnson Controls (YORK), KONE Areeco, Schindler Olayan, ThyssenKrupp AG, Mitsubishi, Tyco Fire & Security, United Technologies, SFFECO and NAFFCO.

Media Source: Ceasiamag

      Browse More Report

GCC Video Surveillance Storage Market (2017-2023)

Market Forecast by Product Device (SAN, DAS and NAS), Deployment (Cloud, Hybrid and On-Premise), Verticals (Government & Transportation, Retails, Enterprise & Data Centers, Residential, Healthcare & Hospitality, BFSI and Others), Countries...

Read More

Latin America Elevator and Escalator Market (2017-2023)

Market Forecast By Segments (Elevators (Low-Rise, Mid-Rise & High-Rise) and Escalator (Moving Stairs & Moving Walkways)), Services (New installation, Maintenance & Modernization) and Countries Covered...

Read More

India Video Surveillance Storage Market (2017-2023)

Market Forecast By Technology (Network Attached Storage, Storage Area Network & Direct Attached Storage), Deployment (On-Premise & On-Cloud (Private, Public and Hybrid)), Verticals (Banking & Financial, Government and Transportation, Retail, Commercial Offices...

Read More

Africa Concrete Batching Plant Market (2017-2023)

Market Forecast By Capacity (Low Capacity (<60 CuM/Hr) Medium Capacity (60 CuM/Hr to 160 CuM/Hr) & High Capacity (>160 CuM/Hr)), By Verticals (Infrastructure, Buildings and Others), By Countries (South Africa, Kenya, Nigeria, Egypt, Algeria & Ethiopia) and Competitive Landscape

Read More

India Video Surveillance Analytics Software Market (2017-2023)

Market Forecast By Applications (Macro Applications (Traffic Surveillance, Building Surveillance, City Surveillance and Business Intelligence) and Micro Applications (Perimeter Intrusion Detection, Pattern Recognition, Counting & Crowd Management, Automatic License Plate Recognition (ALPR), Incident Detection, Face Recognition and Others))...

Read More

India Unified Communications and Collaboration Market (2017–2023)

Market Forecast By Solution Types (Voice, Video, Message and Others), Verticals (BSFI, Logistics & Transportation, Government and Public Utilities, Retail, Hospitality & Healthcare, Commercial Offices & IT/ITeS and Education)...

Read More

India Diesel Genset Market (2018-2023)

Market Forecast by KVA Ratings (5KVA-75KVA, 75.1KVA-375KVA, 375.1KVA-750KVA, 750.1KVA-1,000KVA, 1,000.1KVA-2,000KVA and Above 2,000KVA), Verticals (Commercial (Retail, Commercial Offices, Telecom, Hospitals, Hotels, BFSI, Transportation and Others), Industrial (Manufacturing, Energy and Others) and Residential)...

Read More

Saudi Arabia Electric Drives Market (2017-2023)

Market Forecast by Types (AC Drives and DC Drives), Voltage (Low Voltage Drives (< 1 KV) and Medium Voltage Drives (1 KV & Above)), Power (Low Power Drives (< 40 kW), Medium Power Drives (41 – 200 kW) and High Power Drives (> 200 kW))...

Read More

UAE Fire Safety Systems and Equipment Market (2017-2023)

Market Forecast by Types (Fire Fighting Systems and Equipment (Fire Extinguishers (CO2, Dry Chemical, Clean Agent, Foam Fire, Wet Chemical and Water), Fire Detection and Alarm Systems and Equipment (Smoke Detectors, Heat Detectors, Gas Detectors, Flame Detectors...

Read More


Our Key Clients
6wreserach client list