PRN: Research and Markets - UAE Building Automation and Control Systems Market 2011-2021 With Siemens, Honeywell, Johnson Controls, Schneider Electric Dominating
Research and Markets - UAE Building Automation and Control Systems Market 2011-2021 With Siemens, Honeywell, Johnson Controls, Schneider Electric Dominating
DUBLIN, Mar 16, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "UAE Building Automation & Control Systems Market, By Product (HVAC, Electronic Security & Safety, etc.), By Communication Protocol (Wired & Wireless), By Application, By End User, Competition Forecast & Opportunities, 2011-2021" report to their offering.
The market for building automation and control systems in the UAE is projected to grow at a CAGR over 8%, in value terms, during 2016-2021. North region dominated demand for building automation and control systems in the country due to large number of high rise buildings and growing tourist footfall in Dubai.
Building automation and control systems (BACS) encompasses automatic centralized control of a building's lighting control solutions, HVAC, energy management systems, HVAC systems, security & access control, etc. These systems are used to reduce, monitor and optimize energy consumption of a building by controlling Heating, ventilation, air conditioning and lighting and other systems and to electronically secure buildings.
Growth in the country's BACS market can be attributed to surging economy, growing number of infrastructure projects, increasing disposable income, and rising government efforts to reduce carbon footprint in the country. In addition, demand for building automation and control systems market is anticipated to witness exponential growth on the back of increasing acceptance of automated HVAC controls and electronic security & safety systems for buildings in the commercial, residential and industrial sector.
In addition, the country registered high demand for HVAC control systems and electronic security and safety systems due to growing electricity consumption in the region. Moreover, hospitality sector accounted dominated UAE building automation and control systems market on account of large tourist footfall in the country due to upcoming megaevents such as World Expo in 2020. Further, Siemens, Honeywell, Johnson Controls, Schneider Electric, etc., are few of the major companies operating in the UAE building automation and control systems market.
Market Trends & Developments
Key Topics Covered:
1. Product Overview
For more information about this report visit http://www.researchandmarkets.com/research/f3vnb9/uae_building
Laura Wood, Senior Manager