Global Smart Building Automation Systems Supply, Demand and Key Producers, 2023-2029

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Published Date: 12 Apr 2023

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Smart Building Automation Systems market size is expected to reach $ 91710 million by 2029, rising at a market growth of 6.2% CAGR during the forecast period (2023-2029).

Building automation is the automatic centralized control of a building's heating, ventilation and air conditioning, lighting and other systems through a building management system or building automation system (BAS). The objectives of building automation are improved occupant comfort, efficient operation of building systems, reduction in energy consumption and operating costs, and improved life cycle of utilities.

This report studies the global Smart Building Automation Systems demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Smart Building Automation Systems, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Smart Building Automation Systems that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Smart Building Automation Systems total market, 2018-2029, (USD Million)
Global Smart Building Automation Systems total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Smart Building Automation Systems total market, key domestic companies and share, (USD Million)
Global Smart Building Automation Systems revenue by player and market share 2018-2023, (USD Million)
Global Smart Building Automation Systems total market by Type, CAGR, 2018-2029, (USD Million)
Global Smart Building Automation Systems total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Smart Building Automation Systems market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Honeywell International, Johnson Controls, Siemens AG, Delta Controls, Robert Bosch GmbH, Carrier Corporation, Schneider Electric SE, Performance Mechanical Group and Novar, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Smart Building Automation Systems market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Smart Building Automation Systems Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Smart Building Automation Systems Market, Segmentation by Type
    Lighting Control Systems
    HVAC Control Systems
    Security & Access Control Systems
    Others

Global Smart Building Automation Systems Market, Segmentation by Application
    Residential
    Commercial
    Industrial

Companies Profiled:
    Honeywell International
    Johnson Controls
    Siemens AG
    Delta Controls
    Robert Bosch GmbH
    Carrier Corporation
    Schneider Electric SE
    Performance Mechanical Group
    Novar
    Trane

Key Questions Answered
1. How big is the global Smart Building Automation Systems market?
2. What is the demand of the global Smart Building Automation Systems market?
3. What is the year over year growth of the global Smart Building Automation Systems market?
4. What is the total value of the global Smart Building Automation Systems market?
5. Who are the major players in the global Smart Building Automation Systems market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Smart Building Automation Systems Introduction
    1.2 World Smart Building Automation Systems Market Size & Forecast (2018 & 2022 & 2029)
    1.3 World Smart Building Automation Systems Total Market by Region (by Headquarter Location)
        1.3.1 World Smart Building Automation Systems Market Size by Region (2018-2029), (by Headquarter Location)
        1.3.2 United States Smart Building Automation Systems Market Size (2018-2029)
        1.3.3 China Smart Building Automation Systems Market Size (2018-2029)
        1.3.4 Europe Smart Building Automation Systems Market Size (2018-2029)
        1.3.5 Japan Smart Building Automation Systems Market Size (2018-2029)
        1.3.6 South Korea Smart Building Automation Systems Market Size (2018-2029)
        1.3.7 ASEAN Smart Building Automation Systems Market Size (2018-2029)
        1.3.8 India Smart Building Automation Systems Market Size (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Smart Building Automation Systems Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Smart Building Automation Systems Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Smart Building Automation Systems Consumption Value (2018-2029)
    2.2 World Smart Building Automation Systems Consumption Value by Region
        2.2.1 World Smart Building Automation Systems Consumption Value by Region (2018-2023)
        2.2.2 World Smart Building Automation Systems Consumption Value Forecast by Region (2024-2029)
    2.3 United States Smart Building Automation Systems Consumption Value (2018-2029)
    2.4 China Smart Building Automation Systems Consumption Value (2018-2029)
    2.5 Europe Smart Building Automation Systems Consumption Value (2018-2029)
    2.6 Japan Smart Building Automation Systems Consumption Value (2018-2029)
    2.7 South Korea Smart Building Automation Systems Consumption Value (2018-2029)
    2.8 ASEAN Smart Building Automation Systems Consumption Value (2018-2029)
    2.9 India Smart Building Automation Systems Consumption Value (2018-2029)

3 World Smart Building Automation Systems Companies Competitive Analysis
    3.1 World Smart Building Automation Systems Revenue by Player (2018-2023)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Smart Building Automation Systems Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Smart Building Automation Systems in 2022
        3.2.3 Global Concentration Ratios (CR8) for Smart Building Automation Systems in 2022
    3.3 Smart Building Automation Systems Company Evaluation Quadrant
    3.4 Smart Building Automation Systems Market: Overall Company Footprint Analysis
        3.4.1 Smart Building Automation Systems Market: Region Footprint
        3.4.2 Smart Building Automation Systems Market: Company Product Type Footprint
        3.4.3 Smart Building Automation Systems Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Smart Building Automation Systems Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Smart Building Automation Systems Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
        4.1.2 United States VS China: Smart Building Automation Systems Revenue Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States Based Companies VS China Based Companies: Smart Building Automation Systems Consumption Value Comparison
        4.2.1 United States VS China: Smart Building Automation Systems Consumption Value Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Smart Building Automation Systems Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States Based Smart Building Automation Systems Companies and Market Share, 2018-2023
        4.3.1 United States Based Smart Building Automation Systems Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Smart Building Automation Systems Revenue, (2018-2023)
    4.4 China Based Companies Smart Building Automation Systems Revenue and Market Share, 2018-2023
        4.4.1 China Based Smart Building Automation Systems Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Smart Building Automation Systems Revenue, (2018-2023)
    4.5 Rest of World Based Smart Building Automation Systems Companies and Market Share, 2018-2023
        4.5.1 Rest of World Based Smart Building Automation Systems Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Smart Building Automation Systems Revenue, (2018-2023)

5 Market Analysis by Type
    5.1 World Smart Building Automation Systems Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Lighting Control Systems
        5.2.2 HVAC Control Systems
        5.2.3 Security & Access Control Systems
        5.2.4 Others
    5.3 Market Segment by Type
        5.3.1 World Smart Building Automation Systems Market Size by Type (2018-2023)
        5.3.2 World Smart Building Automation Systems Market Size by Type (2024-2029)
        5.3.3 World Smart Building Automation Systems Market Size Market Share by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Smart Building Automation Systems Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Residential
        6.2.2 Commercial
        6.2.3 Industrial
    6.3 Market Segment by Application
        6.3.1 World Smart Building Automation Systems Market Size by Application (2018-2023)
        6.3.2 World Smart Building Automation Systems Market Size by Application (2024-2029)
        6.3.3 World Smart Building Automation Systems Market Size by Application (2018-2029)

7 Company Profiles
    7.1 Honeywell International
        7.1.1 Honeywell International Details
        7.1.2 Honeywell International Major Business
        7.1.3 Honeywell International Smart Building Automation Systems Product and Services
        7.1.4 Honeywell International Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.1.5 Honeywell International Recent Developments/Updates
        7.1.6 Honeywell International Competitive Strengths & Weaknesses
    7.2 Johnson Controls
        7.2.1 Johnson Controls Details
        7.2.2 Johnson Controls Major Business
        7.2.3 Johnson Controls Smart Building Automation Systems Product and Services
        7.2.4 Johnson Controls Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.2.5 Johnson Controls Recent Developments/Updates
        7.2.6 Johnson Controls Competitive Strengths & Weaknesses
    7.3 Siemens AG
        7.3.1 Siemens AG Details
        7.3.2 Siemens AG Major Business
        7.3.3 Siemens AG Smart Building Automation Systems Product and Services
        7.3.4 Siemens AG Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.3.5 Siemens AG Recent Developments/Updates
        7.3.6 Siemens AG Competitive Strengths & Weaknesses
    7.4 Delta Controls
        7.4.1 Delta Controls Details
        7.4.2 Delta Controls Major Business
        7.4.3 Delta Controls Smart Building Automation Systems Product and Services
        7.4.4 Delta Controls Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.4.5 Delta Controls Recent Developments/Updates
        7.4.6 Delta Controls Competitive Strengths & Weaknesses
    7.5 Robert Bosch GmbH
        7.5.1 Robert Bosch GmbH Details
        7.5.2 Robert Bosch GmbH Major Business
        7.5.3 Robert Bosch GmbH Smart Building Automation Systems Product and Services
        7.5.4 Robert Bosch GmbH Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.5.5 Robert Bosch GmbH Recent Developments/Updates
        7.5.6 Robert Bosch GmbH Competitive Strengths & Weaknesses
    7.6 Carrier Corporation
        7.6.1 Carrier Corporation Details
        7.6.2 Carrier Corporation Major Business
        7.6.3 Carrier Corporation Smart Building Automation Systems Product and Services
        7.6.4 Carrier Corporation Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.6.5 Carrier Corporation Recent Developments/Updates
        7.6.6 Carrier Corporation Competitive Strengths & Weaknesses
    7.7 Schneider Electric SE
        7.7.1 Schneider Electric SE Details
        7.7.2 Schneider Electric SE Major Business
        7.7.3 Schneider Electric SE Smart Building Automation Systems Product and Services
        7.7.4 Schneider Electric SE Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.7.5 Schneider Electric SE Recent Developments/Updates
        7.7.6 Schneider Electric SE Competitive Strengths & Weaknesses
    7.8 Performance Mechanical Group
        7.8.1 Performance Mechanical Group Details
        7.8.2 Performance Mechanical Group Major Business
        7.8.3 Performance Mechanical Group Smart Building Automation Systems Product and Services
        7.8.4 Performance Mechanical Group Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.8.5 Performance Mechanical Group Recent Developments/Updates
        7.8.6 Performance Mechanical Group Competitive Strengths & Weaknesses
    7.9 Novar
        7.9.1 Novar Details
        7.9.2 Novar Major Business
        7.9.3 Novar Smart Building Automation Systems Product and Services
        7.9.4 Novar Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.9.5 Novar Recent Developments/Updates
        7.9.6 Novar Competitive Strengths & Weaknesses
    7.10 Trane
        7.10.1 Trane Details
        7.10.2 Trane Major Business
        7.10.3 Trane Smart Building Automation Systems Product and Services
        7.10.4 Trane Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023)
        7.10.5 Trane Recent Developments/Updates
        7.10.6 Trane Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Smart Building Automation Systems Industry Chain
    8.2 Smart Building Automation Systems Upstream Analysis
    8.3 Smart Building Automation Systems Midstream Analysis
    8.4 Smart Building Automation Systems Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Smart Building Automation Systems Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
    Table 2. World Smart Building Automation Systems Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
    Table 3. World Smart Building Automation Systems Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
    Table 4. World Smart Building Automation Systems Revenue Market Share by Region (2018-2023), (by Headquarter Location)
    Table 5. World Smart Building Automation Systems Revenue Market Share by Region (2024-2029), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Smart Building Automation Systems Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
    Table 8. World Smart Building Automation Systems Consumption Value by Region (2018-2023) & (USD Million)
    Table 9. World Smart Building Automation Systems Consumption Value Forecast by Region (2024-2029) & (USD Million)
    Table 10. World Smart Building Automation Systems Revenue by Player (2018-2023) & (USD Million)
    Table 11. Revenue Market Share of Key Smart Building Automation Systems Players in 2022
    Table 12. World Smart Building Automation Systems Industry Rank of Major Player, Based on Revenue in 2022
    Table 13. Global Smart Building Automation Systems Company Evaluation Quadrant
    Table 14. Head Office of Key Smart Building Automation Systems Player
    Table 15. Smart Building Automation Systems Market: Company Product Type Footprint
    Table 16. Smart Building Automation Systems Market: Company Product Application Footprint
    Table 17. Smart Building Automation Systems Mergers & Acquisitions Activity
    Table 18. United States VS China Smart Building Automation Systems Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 19. United States VS China Smart Building Automation Systems Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 20. United States Based Smart Building Automation Systems Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Smart Building Automation Systems Revenue, (2018-2023) & (USD Million)
    Table 22. United States Based Companies Smart Building Automation Systems Revenue Market Share (2018-2023)
    Table 23. China Based Smart Building Automation Systems Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Smart Building Automation Systems Revenue, (2018-2023) & (USD Million)
    Table 25. China Based Companies Smart Building Automation Systems Revenue Market Share (2018-2023)
    Table 26. Rest of World Based Smart Building Automation Systems Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Smart Building Automation Systems Revenue, (2018-2023) & (USD Million)
    Table 28. Rest of World Based Companies Smart Building Automation Systems Revenue Market Share (2018-2023)
    Table 29. World Smart Building Automation Systems Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Table 30. World Smart Building Automation Systems Market Size by Type (2018-2023) & (USD Million)
    Table 31. World Smart Building Automation Systems Market Size by Type (2024-2029) & (USD Million)
    Table 32. World Smart Building Automation Systems Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Table 33. World Smart Building Automation Systems Market Size by Application (2018-2023) & (USD Million)
    Table 34. World Smart Building Automation Systems Market Size by Application (2024-2029) & (USD Million)
    Table 35. Honeywell International Basic Information, Area Served and Competitors
    Table 36. Honeywell International Major Business
    Table 37. Honeywell International Smart Building Automation Systems Product and Services
    Table 38. Honeywell International Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 39. Honeywell International Recent Developments/Updates
    Table 40. Honeywell International Competitive Strengths & Weaknesses
    Table 41. Johnson Controls Basic Information, Area Served and Competitors
    Table 42. Johnson Controls Major Business
    Table 43. Johnson Controls Smart Building Automation Systems Product and Services
    Table 44. Johnson Controls Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 45. Johnson Controls Recent Developments/Updates
    Table 46. Johnson Controls Competitive Strengths & Weaknesses
    Table 47. Siemens AG Basic Information, Area Served and Competitors
    Table 48. Siemens AG Major Business
    Table 49. Siemens AG Smart Building Automation Systems Product and Services
    Table 50. Siemens AG Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 51. Siemens AG Recent Developments/Updates
    Table 52. Siemens AG Competitive Strengths & Weaknesses
    Table 53. Delta Controls Basic Information, Area Served and Competitors
    Table 54. Delta Controls Major Business
    Table 55. Delta Controls Smart Building Automation Systems Product and Services
    Table 56. Delta Controls Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 57. Delta Controls Recent Developments/Updates
    Table 58. Delta Controls Competitive Strengths & Weaknesses
    Table 59. Robert Bosch GmbH Basic Information, Area Served and Competitors
    Table 60. Robert Bosch GmbH Major Business
    Table 61. Robert Bosch GmbH Smart Building Automation Systems Product and Services
    Table 62. Robert Bosch GmbH Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 63. Robert Bosch GmbH Recent Developments/Updates
    Table 64. Robert Bosch GmbH Competitive Strengths & Weaknesses
    Table 65. Carrier Corporation Basic Information, Area Served and Competitors
    Table 66. Carrier Corporation Major Business
    Table 67. Carrier Corporation Smart Building Automation Systems Product and Services
    Table 68. Carrier Corporation Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 69. Carrier Corporation Recent Developments/Updates
    Table 70. Carrier Corporation Competitive Strengths & Weaknesses
    Table 71. Schneider Electric SE Basic Information, Area Served and Competitors
    Table 72. Schneider Electric SE Major Business
    Table 73. Schneider Electric SE Smart Building Automation Systems Product and Services
    Table 74. Schneider Electric SE Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 75. Schneider Electric SE Recent Developments/Updates
    Table 76. Schneider Electric SE Competitive Strengths & Weaknesses
    Table 77. Performance Mechanical Group Basic Information, Area Served and Competitors
    Table 78. Performance Mechanical Group Major Business
    Table 79. Performance Mechanical Group Smart Building Automation Systems Product and Services
    Table 80. Performance Mechanical Group Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 81. Performance Mechanical Group Recent Developments/Updates
    Table 82. Performance Mechanical Group Competitive Strengths & Weaknesses
    Table 83. Novar Basic Information, Area Served and Competitors
    Table 84. Novar Major Business
    Table 85. Novar Smart Building Automation Systems Product and Services
    Table 86. Novar Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 87. Novar Recent Developments/Updates
    Table 88. Trane Basic Information, Area Served and Competitors
    Table 89. Trane Major Business
    Table 90. Trane Smart Building Automation Systems Product and Services
    Table 91. Trane Smart Building Automation Systems Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 92. Global Key Players of Smart Building Automation Systems Upstream (Raw Materials)
    Table 93. Smart Building Automation Systems Typical Customers
List of Figure
    Figure 1. Smart Building Automation Systems Picture
    Figure 2. World Smart Building Automation Systems Total Market Size: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Smart Building Automation Systems Total Market Size (2018-2029) & (USD Million)
    Figure 4. World Smart Building Automation Systems Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
    Figure 5. World Smart Building Automation Systems Revenue Market Share by Region (2018-2029), (by Headquarter Location)
    Figure 6. United States Based Company Smart Building Automation Systems Revenue (2018-2029) & (USD Million)
    Figure 7. China Based Company Smart Building Automation Systems Revenue (2018-2029) & (USD Million)
    Figure 8. Europe Based Company Smart Building Automation Systems Revenue (2018-2029) & (USD Million)
    Figure 9. Japan Based Company Smart Building Automation Systems Revenue (2018-2029) & (USD Million)
    Figure 10. South Korea Based Company Smart Building Automation Systems Revenue (2018-2029) & (USD Million)
    Figure 11. ASEAN Based Company Smart Building Automation Systems Revenue (2018-2029) & (USD Million)
    Figure 12. India Based Company Smart Building Automation Systems Revenue (2018-2029) & (USD Million)
    Figure 13. Smart Building Automation Systems Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Smart Building Automation Systems Consumption Value (2018-2029) & (USD Million)
    Figure 16. World Smart Building Automation Systems Consumption Value Market Share by Region (2018-2029)
    Figure 17. United States Smart Building Automation Systems Consumption Value (2018-2029) & (USD Million)
    Figure 18. China Smart Building Automation Systems Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe Smart Building Automation Systems Consumption Value (2018-2029) & (USD Million)
    Figure 20. Japan Smart Building Automation Systems Consumption Value (2018-2029) & (USD Million)
    Figure 21. South Korea Smart Building Automation Systems Consumption Value (2018-2029) & (USD Million)
    Figure 22. ASEAN Smart Building Automation Systems Consumption Value (2018-2029) & (USD Million)
    Figure 23. India Smart Building Automation Systems Consumption Value (2018-2029) & (USD Million)
    Figure 24. Producer Shipments of Smart Building Automation Systems by Player Revenue ($MM) and Market Share (%): 2022
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Smart Building Automation Systems Markets in 2022
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Smart Building Automation Systems Markets in 2022
    Figure 27. United States VS China: Smart Building Automation Systems Revenue Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Smart Building Automation Systems Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. World Smart Building Automation Systems Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Figure 30. World Smart Building Automation Systems Market Size Market Share by Type in 2022
    Figure 31. Lighting Control Systems
    Figure 32. HVAC Control Systems
    Figure 33. Security & Access Control Systems
    Figure 34. Others
    Figure 35. World Smart Building Automation Systems Market Size Market Share by Type (2018-2029)
    Figure 36. World Smart Building Automation Systems Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Figure 37. World Smart Building Automation Systems Market Size Market Share by Application in 2022
    Figure 38. Residential
    Figure 39. Commercial
    Figure 40. Industrial
    Figure 41. Smart Building Automation Systems Industrial Chain
    Figure 42. Methodology
    Figure 43. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Honeywell International
Johnson Controls
Siemens AG
Delta Controls
Robert Bosch GmbH
Carrier Corporation
Schneider Electric SE
Performance Mechanical Group
Novar
Trane

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Global Smart Building Automation Systems Market 2024 by Company, Regions, Type and Application, Forecast to 2030

date 02 Jan 2024

date Service & Software

According to our (Global Info Research) latest study, the global Smart Building Automation Systems market size was valued at USD 60110 million in 2023 and is forecast to a readjusted size of USD 91710 million by 2030 with a CAGR of 6.2% during review period.

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