Market Forecast 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 Buildings, Commercial Buildings, Industrial Buildings) and Competitive Landscape
Product Code: ETC001916 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Rising demand for security services in the building, growing penetration of wireless sensors, and IoT has driven the demand for the building automation market in the United States. Moreover, growing government initiatives for the utilization of energy-efficient systems would lead to further growth in the deployment of building automation systems in the country.
According to 6Wresearch, the United States Building Automation Market size is anticipated to register growth during 2020-26. Growing awareness regarding the reduction in energy consumption in the country would lead to a surge in demand for building automation systems during the forecast period; according to the US Energy Information Administration, buildings consume more than 40 percent of the total energy consumption in the country. However, with the global spread of pandemic COVID-19, the US economy has been adversely affected during 2020, resulting in a decline in demand during the year.
Based on control technology, the wireless control system segment accounted for a leading share in the overall United States building automation market. The growing penetration of wireless protocol coupled with a surge in demand for building automation systems in the retrofit building segment would lead to further growth in market demand over the forecast period.
The United States Building Automation market report thoroughly covers the market by products, control technology, applications, and regions. The United States Building Automation market outlook report provides an unbiased and detailed analysis of the on-going United States Building Automation 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 United States building automation market is expected to register a progressive growth in the coming years on the back of an increase in the advanced building infrastructure with increased demand for safety and security. The rapid growth of the internet of things (IoT) application in the building automation system is anticipated to be a potential growth driver of the United States building automation market in the coming timeframe. Further, the adoption of wireless sensor network technology, the development of wireless protocols, and the adoption of automated security options for buildings are anticipated to proliferate the growth of the United States building automation market in the upcoming six years and the timeframe thereafter.
The United States building Automation Market is anticipated to witness exponential growth in the upcoming six years backed by the rising building construction projects in the country like the spiral which is residential building coupled with rising disposable income stimulates suburban population to make it as smart building tends to rise fire alarm system in order to control fire danger and ensure a fire-free environment in the household and mainly use in huge buildings requires building automation system to run building efficiently and is expected to spur the potential growth g the United States building Automation Market in the upcoming six years.
The United States building automation market is estimated to gain traction in the coming timeframe backed by the rising IoT adoption in buildings with the rising growth of the industrial landscape. Additionally, commercial offices are estimated to shape the market landscape owing to rising efforts to improve business efficiency and enhance productivity, and saving operational cost, therefore the growth of building automation systems is increasing and is expected to spur the impressive growth of the United States building automation market in the coming timeframe.
Major companies involved in The United States building automation market including Johnson control Inc., Ingersoll Rand Plc., Siemens AG, Bosch Security System, Philips Lighting Holding B.V.
Key Highlights of the Report:
Markets Covered
The United States Building Automation Market 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. The United States Building Automation Market Overview |
3.1 Country Indicators |
3.2 United States Building Automation Market Revenues, 2016-2026F |
3.3 United States Building Automation Market Revenue Share, By-Products, 2019 & 2026F |
3.4 United States Building Automation Market Revenue Share, By Control Technology, 2019 & 2026F |
3.5 United States Building Automation Market Revenue Share, By Applications, 2019 & 2026F |
3.6 United States Building Automation Market Revenue Share, By Regions, 2019 & 2026F |
3.7 United States Building Automation Market Industry Life Cycle |
3.8 United States Building Automation Market- Porter’s Five Forces |
4. The United States Building Automation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. The United States Building Automation Market Trends |
6. the United States Building Automation Market Overview, By-Products |
6.1 United States Security & Access Control System Building Automation Market Revenues, 2016-2026F |
6.2 United States Light Control System Building Automation Market Revenues, 2016-2026F |
6.3 United States HVAC Control System Building Automation Market Revenues, 2016-2026F |
6.4 United States Building Energy Management Services Building Automation Market Revenues, 2016-2026F |
6.5 United States Fire Protection System Building Automation Market Revenues, 2016-2026F |
7. The United States Building Automation Market Overview, By Control Technology |
7.1 United States Wired Building Automation Market Revenues, 2016-2026F |
7.2 United States Wireless Building Automation Market Revenues, 2016-2026F |
8. The United States Building Automation Market Overview, By Applications |
8.1 United States Residential Building Automation Market Revenues, 2016-2026F |
8.2 United States Industrial Building Automation Market Revenues, 2016-2026F |
8.3 United States Commercial Building Automation Market Revenues, 2016-2026F |
9. The United States Building Automation Market Overview, By Regions |
10. The United States Building Automation Market Key Performance Indicators |
11. The United States Building Automation Market Opportunity Assessment |
11.1 United States Building Automation Market Opportunity Assessment Share, By Product, 2026F |
11.2 United States Building Automation Market Opportunity Assessment Share, By Control Technology, 2026F |
11.3 United States Building Automation Market Opportunity Assessment Share, By Applications, 2026F |
12. The United States Building Automation Market Competitive Landscape |
12.1 United States Building Automation Market Revenue Share, By Companies, 2019 |
12.2 United States Building Automation Market Competitive Benchmarking, By Operating Parameters |
13. Company Profiles |
14. Strategic Recommendations |
15. Disclaimer |