Intelligent Building Automation Technologies (IBAT): Worldwide Industry Analysis 2014-2019 and Forecast to 2025 – PRNewswire

DUBLIN, Dec. 11, 2019 /PRNewswire/ -- The "Intelligent Building Automation Technologies (IBAT) Market Analysis Report By Component, By Product (Facility Management Systems, Security Systems), By Application, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global intelligent building automation technologies market size is expected to reach USD 105.2 billion by 2025, registering a CAGR of 7% from over the forecast period.

Rising awareness regarding sustainability in the wake of increasing effects of global warming is expected to drive demand for intelligent building automation technologies (IBAT) over the forecast period. In addition, technological advancements such as internet of things (IoT) and artificial intelligence (AI) are expected to boost market growth.

Growing awareness regarding workplace safety and security, a shift toward green and smart buildings, and improving comfort level of the occupants are major factors that are expected to fuel demand for IBAT. Increasing demand for automated HVAC and safety in the healthcare and hospitality industries is also boosting market growth. Intelligent building automation technologies assist various industries in the optimization of energy usage and reducing its operating expenditure.

Rising establishment of smart infrastructure across the globe is expected to contribute significantly to market growth. Various factors such as increasing green building initiatives, development of cloud-based IoT platforms, and growing environmental concerns are expected to boost market growth over the forecast period. Surging energy prices and urgent need to manage them also serve as key driving factors.

Prominent players are emphasizing on new product launches in order to combat increasing competition. They are also focusing on acquiring a larger market share through inorganic growth strategies like mergers and acquisitions. For instance, Honeywell International Inc. completed the acquisition of Transnorm, a warehouse automation solutions provider, in September 2018. This enabled the former to expand its customer base across Western Europe.

Further key findings from the study suggest:

Key Topics Covered

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary2.1 Intelligent Building Automation Technologies (IBAT) Market - Industry Snapshot & Key Buying Criteria, 2014 - 20252.2 Intelligent Building Automation Technologies (IBAT) Market, 2014 - 20252.2.1 IBAT market, by region, 2014 - 20252.2.2 IBAT market, by component, 2014 - 20252.2.3 IBAT market, by product, 2014 - 20252.2.4 IBAT market, by application, 2014 - 2025

Chapter 3 Intelligent Building Automation Technologies (IBAT) Industry Outlook3.1 Market Segmentation and Scope3.2 Market Size & Growth Prospects3.3 Intelligent Building Automation Technologies (IBAT) Market - Value Chain Analysis3.3.1 Vendor landscape3.4 Intelligent Building Automation Technologies (IBAT) Market Dynamics3.4.1 Market driver analysis3.4.1.1 High level of awareness for energy efficiency3.4.1.2 Growing demand for enhanced safety and security3.4.1.3 Increasing government initiatives3.4.2 Market restraint analysis3.4.2.1 High capital investment3.5 Penetration and Growth Prospect Mapping3.6 Intelligent Building Automation Technologies (IBAT) Market - Company Ranking, 20183.7 Intelligent Building Automation Technologies (IBAT) Market - Porter's Five Forces Analysis3.8 Intelligent Building Automation Technologies (IBAT) Market - PESTEL Analysis

Chapter 4 Intelligent Building Automation Technologies (IBAT) Component Outlook4.1 Intelligent Building Automation Technologies (IBAT) Market Share by Component, 2018 & 20254.2 Hardware4.3 Software4.4 Service

Chapter 5 Intelligent Building Automation Technologies (IBAT) Product Outlook5.1 Intelligent Building Automation Technologies (IBAT) Market Share by Product, 2018 & 20255.2 Security Systems5.3 Life Safety Systems5.4 Facility Management Systems5.5 Building Energy Management System

Chapter 6 Intelligent Building Automation Technologies (IBAT) Application Outlook6.1 Intelligent Building Automation Technologies (IBAT) Market Share by Application, 2018 & 20256.2 Residential6.3 Commercial6.4 Industrial

Chapter 7 Intelligent Building Automation Technologies (IBAT) Regional Outlook7.1 Intelligent Building Automation Technologies (IBAT) Market Share by Region, 2018 & 20257.2 North America7.3 Europe7.4 Asia-Pacific7.5 Latin America7.6 MEA

Chapter 8 Competitive Landscape8.1 ABB Ltd.8.2 Azbil Corporation8.3 Eaton Corporation8.4 General Electric8.5 Honeywell International, Inc.8.6 Hubbell, Inc.8.7 Ingersoll-Rand plc8.8 Johnson Controls8.9 Rockwell Automation Inc.8.10 Schneider Electric8.11 Siemens AG8.12 United Technologies

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Intelligent Building Automation Technologies (IBAT): Worldwide Industry Analysis 2014-2019 and Forecast to 2025 - PRNewswire