Global Building Automation System Market: Overview
Growing popularity of new technologies like Internet of
Things, has impacted the product development and operations process of
enterprises. Building
automation system market is being introduced to new and existing
buildings to automate various processes like heating, ventilation and air
conditioning (HVAC), lighting, and many more. Furthermore, this technology is
not limited to residential buildings but is also being implemented in
commercial buildings and various sectors like healthcare.
Major Key Players of
the Building Automation System Market are:
oneywell International (US), Siemens AG (Germany), Johnson Controls
International (Ireland), Schneider Electric (France), United Technologies Corp.
(US).
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Global Building Automation System Market: Notable
Development
Key developments in the building automation systems market
- In
November 2017, Ingersoll Rand has taken over CALMAC Corporation. It is a
privately organization concentrates in cool energy technologies,
incorporating IceBank storage tanks. CALMAC has near about 4,000
enterprises and institutions in 60 countries. This aided Ingersoll to grow
its thermal energy storage solutions portfolio and reinforce the
enterprises’ climate commitment.
- In
August 2017, Ingersoll Rand PLC took over the company of Thermocold
Costruzioni Srl, a distributer and producer of heating, air-conditioning,
ventilating solutions and systems. The takeover is projected to offer the
company with prospects to increase in Europe and globally.
- In
June 2017, Honeywell contracted an agreement to takeover Nextnine, a
service provider of security management technologies and solutions. Added
in Nextnine's market is leading secure remote and security solutions
service abilities will improve the establishment's current range of
innovative cyber security tech and substantially growth Honeywell's
Connected Plant cyber security customer base.
Our key underpinning is the 4-Quadrant Framework EIRS that
offers detailed visualization of four elements:
- Customer Experience
Maps
- Insights
and Tools based on data-driven research
- Actionable Results
to meet all the business priorities
- Strategic
Frameworks to boost the growth journey
The study strives to evaluate the current and future growth
prospects, untapped avenues, factors shaping their revenue potential, and
demand and consumption patterns in the global market by breaking it into
region-wise assessment.
The following regional segments are covered comprehensively:
- North
America
- Asia
Pacific
- Europe
- Latin
America
- The
Middle East and Africa
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The report sheds
light on various aspects and answers pertinent questions on the market. Some of
the important ones are:
1. What can be the best investment choices for venturing
into new product and service lines?
2. What value propositions should businesses aim at while
making new research and development funding?
3. Which regulations will be most helpful for stakeholders
to boost their supply chain network?
4. Which regions might see the demand maturing in certain
segments in near future?
5. What are the some of the best cost optimization
strategies with vendors that some well-entrenched players have gained success
with?
6. Which are the key perspectives that the C-suite are
leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status
of key regional markets?
8. How will the emerging political and economic scenario affect
opportunities in key growth areas?
9. What are some of the value-grab opportunities in various
segments?
10. What will be the barrier to entry for new players in the
market?
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