Building Automation System Market Growth Drivers and Current Industry Trends by 2022 Some of the major players in global building automation system market are ABB Ltd. (Switzerland), Cisco Systems, Inc. (U.S.), Robert Bosch GmbH (Germany), Siemens AG (Germany), Crestron Electronics, Inc. (U.S.), Delta controls, Inc. (U.S.), Rockwell Automation (U.S.), Schneider electric SE (France), General Electric (U.S.), Honeywell International Inc. (U.S.), Lutron Electronics Co., Inc. (U.S.) and others. These companies get involved in a strategic headlock which includes merger, acquisition, collaboration, product launch, and others. Survival of companies and market expansion depend on such decisions. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2518

Building Automation System Market Size | Industry Research Report 2022 The synced state with technological advancement is assisting the building automation system market in accelerating in terms of growth. It increases the efficiency of the associated systems by bringing them under a single purview and easing the monitoring and controlling process. The global building automation system market is expected to rise with 13% CAGR during the forecast period (2016-2022). In its process of cementing foothold, it can cross the USD 100 billion mark by 2022, claims Market Research Future (MRFR) in a comprehensive report. The system encompasses mechanical infrastructure, security, fire, lighting, HVAC, and humidity control. The finished building is more commonly known as an intelligent building or smart building which lessens the consumption of energy by almost 50% during the construction in compared to that of traditional buildings. This reduction directly impacts maintenance cost as well. The building automation system market is further getting encouraged by increasing use of IP-based communication and pervasiveness of automation, along with, demand for the internet of things (IoT) running rife. Emerging economies are also supporting the infrastructure by backing up the market with superior infrastructure. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2518