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(EstateNewsWire.com, June 11, 2018 ) Intelligent Building Automation Technologies is valued at $63.48 billion in 2015 and is expected to grow at a CAGR of 4.8% to reach $88.27 billion by 2022. Growing need for improved security and safety in intelligent buildings, implementation of these systems in residential buildings and adoption of different protocols of building automation are some of the factors driving the market growth. Moreover, a tax benefit provided by the government to developers is also further fueling the market growth. On the other hand, lack of professional labor, absence of uniformity in the deployment of technology and huge initial investments has been the key issues in the market growth.
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Life safety systems segment is poised to witness the quick growth owing to the existence of several features such as emergency service during fire and earthquakes. Facilities management systems segment is estimated to generate more revenue to the market. Furthermore demand for physical security systems is anticipated to grow on a huge scale. North America and Europe are the major markets in terms of revenue owing to large investments in building security and services coupled with rising technological developments in the regions. Asia-Pacific is anticipated to gain market traction due to the adoption of these technologies in developing countries such as China and India.
Some of the key players in global Intelligent Building Automation Technologies market are ABB, Azbil Corporation, Eaton Corporation, General Electric, Honeywell, Ingersoll Rand, Johnson Controls Inc., Rockwell Automation, Schneider Electric, Siemens Building Technologies , Tyco International, Echelon, Bosch Security Systems and Ingersoll Rand Inc.
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Table of Content:
1 Executive Summary
2 Preface 2.1 Abstract 2.2 Stake Holders 2.3 Research Scope 2.4 Research Methodology 2.4.1 Data Mining 2.4.2 Data Analysis 2.4.3 Data Validation 2.4.4 Research Approach 2.5 Research Sources 2.5.1 Primary Research Sources 2.5.2 Secondary Research Sources 2.5.3 Assumptions
3 Market Trend Analysis 3.1 Introduction 3.2 Drivers 3.3 Restraints 3.4 Opportunities 3.5 Threats 3.6 Product Analysis 3.7 Application Analysis 3.8 Emerging Markets
4 Porters Five Force Analysis 4.1 Bargaining power of suppliers 4.2 Bargaining power of buyers 4.3 Threat of substitutes 4.4 Threat of new entrants 4.5 Competitive rivalry
5 Global Intelligent Building Automation Technologies Market, By Application 5.1 Introduction 5.2 HVAC (Heating, Ventilating, and Air Conditioning) 5.3 Fire & Life Safety 5.4 Lighting 5.5 Building Management Systems 5.6 Energy 5.7 Explosive Detectors 5.8 Security & Access Control Systems 5.9 Screening Solutions 5.10 Car Park Management Services 5.11 Other Applications
6 Global Intelligent Building Automation Technologies Market, By Product 6.1 Introduction 6.2 Life Safety Systems 6.3 Physical Security Systems 6.4 Facilities Management Systems
7 Global Intelligent Building Automation Technologies Market, By Information Technology 7.1 Introduction 7.2 Computing hardware 7.3 Networking equipment 7.4 Computing software 7.5 Computing and network services
8 Global Intelligent Building Automation Technologies Market, By Service 8.1 Introduction 8.2 Life Safety Service 8.3 Physical Security Service 8.4 Facilities Management Service
9 Global Intelligent Building Automation Technologies Market, By Geography 9.1 North America 9.1.1 US 9.1.2 Canada 9.1.3 Mexico 9.2 Europe 9.2.1 Germany 9.2.2 France 9.2.3 Italy 9.2.4 UK 9.2.5 Spain 9.2.6 Rest of Europe 9.3 Asia Pacific 9.3.1 Japan 9.3.2 China 9.3.3 India 9.3.4 Australia 9.3.5 New Zealand 9.3.6 Rest of Asia Pacific 9.4 Rest of the World 9.4.1 Middle East 9.4.2 Brazil 9.4.3 Argentina 9.4.4 South Africa 9.4.5 Egypt
10 Key Developments 10.1 Agreements, Partnerships, Collaborations and Joint Ventures 10.2 Acquisitions & Mergers 10.3 New Product Launch 10.4 Expansions 10.5 Other Key Strategies
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