Building & Construction Market Research News

Opportunities global building automation system market revealed

Construction Market Research

The global building automation and control system market has observed a significant growth in recent years. Asia-Pacific region is expected to grow at the highest rate during the forecast period. The major factors propelling the growth of the market in the region is the growing demand for safe and sustainable construction.

The rise in the demand for energy-efficient systems and solutions, significant technological advancements of internet of things technology in building automation systems and solutions as well as increase in the construction activities in technologically advanced nations are the key factors which are propelling the growth of the said market.

The electronic security and safety segment is expected to dominate the building automation system market during the forecast period. The capability of these electronic security and safety systems to monitor the activities, control access to buildings and thus protecting the staff, information as well as assests is the key factor which is propelling the growth of building automation market.