Global Intelligent Building Automation Technologies Market Overview:
Intelligent building involves the installation and use of advanced and integrated building technology systems. These building automation comprise of life safety, telecommunications, user systems, and facility management systems. Smart buildings identify and reflect the technological advancements and convergence of building systems. Smart buildings offer actionable information about a building or space within a building to allow the building owner or tenant to manage the building or space.
- Requirements for Sound Infrastructure
- Rising Implementation of Technology in the Buildings
- Growing Need for Energy Efficient Interventions in Infrastructure
- Growth in Penetration of Internet of Things (IoT) In the Building Management System
- High Technical Barriers
- Includes High Investment Cost
- Increasing Investment by Government for Smart Cities
- Complexity of Interoperability between Different Connected Buildings
Some of the key players profiled in the report are Siemens Building Technologies (Switzerland), Schneider Electric SE (France), Rockwell Automation Inc. (United States), Johnson Controls International plc (United States), Ingersoll-Rand Plc (Ireland), Honeywell International Inc. (United States), General Electric Company (United States), Eaton Corporation Plc (Ireland), Azbil Corporation (Japan), ABB group (Switzerland), Delta Controls (Canada) and LARSEN & TOUBRO LIMITED. (India). Analyst at AdvanceMarketAnalytics see United States Manufacturers to retain maximum share of Global Intelligent Building Automation Technologies market by 2024. Considering Market by Components, the sub-segment i.e. Hardware will boost the Intelligent Building Automation Technologies market.
On April 12, 2019 The Carlyle Group and Schneider Electric has extended the partnership to develop Critical Infrastructure projects. The partnership is designed to develop new and innovative infrastructure projects meeting the growing need for sustainable investment in critical assets and services.
On February 6, 2019 Siemens Foundation has launched new training program to fill building technology industry skills gap. Siemens Foundation has collaborated with Siemens Building Technologies and the Association of Controls Professionals (ACP). Together, the organizations will create community college training programs and develop career pathways into local K-12 systems, both aligned to new, non-proprietary industry certifications under development by ACP.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Intelligent Building Automation Technologies market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Intelligent Building Automation Technologies market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Technology Providers, Research Institutes, Industry Associations, Network Providers and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.