What is the Global market size of the Intelligent Building Automation Technologies Market?

Global Intelligent Building Automation Technologies Market size was valued at USD 78.17 billion in 2021 and is poised to grow from USD 83.82 billion in 2022 to USD 148.99 billion by 2030, growing at a CAGR of 7.2% in the forecast period (2023-2030).

Who are the key vendors in the Global Intelligent Building Automation Technologies Market?

Partnerships, strategic mergers and acquisitions are the most efficient strategies for market companies to quickly enter new markets. The industry participants are exploring the markets to build potential in the long term. In the consumer space, with the demand for novel and innovative products, industry players are also emphasizing the consumer needs to create customizable technological solutions. 'Honeywell International Inc.Siemens AGSchneider Electric SEJohnson Controls International plcABB Ltd.United Technologies CorporationLegrand SACisco Systems Inc.Lutron Electronics Co. Inc.Crestron Electronics Inc.Ingersoll Rand Inc.Control4 CorporationDelta Controls Inc.Hubbell Inc.Robert Bosch GmbHBeckhoff Automation GmbH & Co. KGLeviton Manufacturing Co. Inc.BuildingIQ Inc.Echelon CorporationKMC Controls Inc.'

What is the key driver of the Global Intelligent Building Automation Technologies Market?

Through biometric systems and videotape monitoring, building automation technologies assist in automating a structure's security. Thee surveillance systems installed at airports, churches, office buildings, and other locations. Due to the increased attention for security issues as a result of terrorist attacks and criminal activity, several governments have mandated to install these systems in public interest and prevention of any mishap in public spaces.

What is the key market trend for the Global Intelligent Building Automation Technologies Market?

High energy costs and increasing consumer awareness: The market for intelligent building automation is expanding as a result of rising energy costs, demand for efficient energy, and a significant rise in the use of renewable energy sources. Consumers are becoming highly aware of the need to safeguard the ecosystem which helps the industry grow. Government laws with stringent norms for energy use have also encouraged the deployment of intelligent building automation technologies.

Top Intelligent Building Automation Technologies Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Intelligent Building Automation Technologies Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Intelligent Building Automation Technologies industry players.

Intelligent Building Automation Technologies Market Competitive Landscape

Top Players in Intelligent Building Automation Technologies Market

Honeywell International Inc. (United States)
Johnson Controls International plc (Ireland)
Siemens AG (Germany)
Schneider Electric SE (France)
ABB Ltd. (Switzerland)
Eaton Corporation plc (Ireland)
Trane Technologies plc (Ireland)
Carrier Global Corporation (United States)
Rockwell Automation, Inc. (United States)
Emerson Electric Co. (United States)
Acuity Brands, Inc. (United States)
Cisco Systems, Inc. (United States)
Mitsubishi Electric Corporation (Japan)
General Electric Company (United States)
Legrand SA (France)
Robert Bosch GmbH (Germany)
Hubbell Incorporated (United States)
Lutron Electronics Company, Inc. (United States)
Azbil Corporation (Japan)
KMC Controls (United States)

Intelligent Building Automation Technologies Market

Intelligent Building Automation Technologies Market Report Snapshots

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Global Intelligent Building Automation Technologies Market size was valued at USD 78.17 billion in 2023 and is poised to grow from USD 83.8 billion in 2024 to USD 146.15 billion by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032).

Partnerships, strategic mergers and acquisitions are the most efficient strategies for market companies to quickly enter new markets. The industry participants are exploring the markets to build potential in the long term. In the consumer space, with the demand for novel and innovative products, industry players are also emphasizing the consumer needs to create customizable technological solutions. 'Honeywell International Inc. (United States)', 'Johnson Controls International plc (Ireland) ', 'Siemens AG (Germany) ', 'Schneider Electric SE (France) ', 'ABB Ltd. (Switzerland) ', 'Eaton Corporation plc (Ireland) ', 'Trane Technologies plc (Ireland) ', 'Carrier Global Corporation (United States) ', 'Rockwell Automation, Inc. (United States) ', 'Emerson Electric Co. (United States) ', 'Acuity Brands, Inc. (United States) ', 'Cisco Systems, Inc. (United States) ', 'Mitsubishi Electric Corporation (Japan) ', 'General Electric Company (United States) ', 'Legrand SA (France) ', 'Robert Bosch GmbH (Germany) ', 'Hubbell Incorporated (United States) ', 'Lutron Electronics Company, Inc. (United States) ', 'Azbil Corporation (Japan) ', 'KMC Controls (United States)'

Through biometric systems and videotape monitoring, building automation technologies assist in automating a structure's security. Thee surveillance systems installed at airports, churches, office buildings, and other locations.

In 2022, the Europe market was estimated to be worth little about US$ 19.0 billion. Market expansion can be ascribed to EU regulations like the Energy Performance of Buildings Directive, which aims to enhance energy efficiency for residential buildings. Additionally, it is expected that the increasing use of security systems by homeowners will boost potential by increasing the demand for smart grid services and energy-efficient products in France and Germany. This objective is also expected to fuel the regional growth during the forecast period.

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Intelligent Building Automation Technologies Market

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Top Intelligent Building Automation Technologies Companies

Intelligent Building Automation Technologies Market Competitive Landscape

Top Players in Intelligent Building Automation Technologies Market

Intelligent Building Automation Technologies Market

Intelligent Building Automation Technologies Market Report Snapshots

FAQs

What is the global market size of Intelligent Building Automation Technologies Market?

Who are the key vendors in the Intelligent Building Automation Technologies Market?

What is the key driver of Intelligent Building Automation Technologies Market?

What is the key market trend for Intelligent Building Automation Technologies Market?

Which region accounted for the largest share in Intelligent Building Automation Technologies Market?

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