(PRWEB) June 01, 2012
Starting off with pneumatic phase, the building automation and control systems market has reached in the world of standards, protocols and data distribution systems which allows the building automation systems such as security systems, lighting systems and others to interact and integrate with each others. The building automation and control systems which started with wired technology has now entered the era of wireless technology with coming up of technologies such as Zigbee, Z-wave, EnOcean, and others.
The market of building automation and control systems is segmented into sub markets such as lighting control, security control, access control, HVAC control, entertainment control, Communication, Standards and Protocols, and outdoor control.
The building automation and controls products have not only increased the living standards and have led for more convenient life but have also saved power through devices such as dimming systems and sensors. Among all the products, security control has dominated the building automation and control market due to increasing concerns to enhance the security. Building automation & control systems can save up-to 80% of the power.
The demand for energy efficient solutions, enhanced security via building automation & control systems, venture capital funding and more convenient than existing systems are driving of this industry. The requirement of energy efficient solutions at the global level is expected to impact the market for building automation & control systems remarkably. High cost is expected to remain the matter of concern of the market growth. Opportunities such as assistance of power line communication can drive the future market.
The building automation and control systems market is estimated to generate $ 41,234.621 million in 2011 and is expected to generate $ 82,137.06 million in 2016 at an estimated CAGR of 14.8% from 2011 to 2016.
Scope of the report
Global building automation and control systems market research report categorizes on the basis of different products, building applications, and geographical analysis; forecasting revenues and analyzing trends in the global building automation and control systems market.
On the basis of product: