Intelligent Building Automation Technologies Market Statistics, Business Opportunities, Competitive Landscape and Indust

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Market Size – USD 72.69 Billion in 2020, Market Growth – at a CAGR of 7.1%, Market Trends – High demand from North America region

The global Intelligent Building Automation Technologies industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The global Intelligent Building Automation Technologies (IBAT) market size is expected to reach USD 125.74 Billion in 2028 and register a revenue CAGR of 7.1% over the forecast period, according to the latest report by Emergen. Rising need for improvement of security and safety in intelligent buildings is driving intelligent building automation technologies market revenue growth.

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Competitive Outlook: The leading companies operating in the Intelligent Building Automation Technologies market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Intelligent Building Automation Technologies Market and Profiled in the Report are:

ABB Ltd., Azbil Corporation, Eaton Corporation, Honeywell International Inc., Hubbell, Inc., Siemens AG, Johnson Controls, Rockwell Automation, Inc., Schneider Electric, and Ingersoll Rand

Objectives of the Report:

  • Study of the global Intelligent Building Automation Technologies market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Intelligent Building Automation Technologies market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Intelligent Building Automation Technologies market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Intelligent Building Automation Technologies market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

  • Type Outlook (Revenue, USD Million, 2018–2028)

    • Hardware
    • Software
    • Service
  • Product Outlook (Revenue, USD Million, 2018–2028)

    • Facility Management Systems
    • Security Systems
    • Life Safety Systems
    • Building Energy Management Systems
  • Application Outlook (Revenue, USD Million, 2018–2028)

    • Residential
    • Commercial
    • Industrial

Intelligent Building Automation Technologies Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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