Global Intelligent Building Automation Technologies Market to Reach $144.4 Billion by 2030
The global market for Intelligent Building Automation Technologies estimated at US$93.5 Billion in the year 2022, is projected to reach a revised size of US$144.4 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030. Facility Management Systems, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$60.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Security Systems segment is readjusted to a revised 6.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $28 Billion, While China is Forecast to Grow at 5.2% CAGR
The Intelligent Building Automation Technologies market in the U.S. is estimated at US$28 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$25.2 Billion by the year 2030 trailing a CAGR of 5.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.Select Competitors (Total 41 Featured) -
- ABB Group
- Azbil Corporation
- Eaton Corporation PLC
- General Electric Company
- Honeywell International, Inc.
- Ingersoll-Rand PLC
- Johnson Controls International PLC
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens Building Technologies
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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- Access to digital archives and Research Platform
- Complimentary updates for one year
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Report Attribute | Details |
---|---|
No. of Pages | 194 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 93.5 Billion |
Forecasted Market Value ( USD | $ 144.4 Billion |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Group
- Azbil Corporation
- Eaton Corporation PLC
- General Electric Company
- Honeywell International, Inc.
- Ingersoll-Rand PLC
- Johnson Controls International PLC
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens Building Technologies