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Download Free sampleBuilding automation is the automatic centralized control of a building's heating, ventilation and air conditioning, lighting and other systems through a building management system or building automation system (BAS). The objectives of building automation are improved occupant comfort, efficient operation of building systems, reduction in energy consumption and operating costs, and improved life cycle of utilities.
Building automation is an example of a distributed control system ? the computer networking of electronic devices designed to monitor and control the mechanical, security, fire and flood safety, lighting (especially emergency lighting), HVAC and humidity control and ventilation systems in a building.
LV Home and Building Automation Market contains market size and forecasts of LV Home and Building Automation in Global, including the following market information:
The global LV Home and Building Automation market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
KNX Systems Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LV Home and Building Automation include Schneider Electric, Siemens Building Technologies Inc, United Technologies Corporation, ABB Limited, Johnson Controls, Legrand (Bticino), Honeywell International Inc, Ingersoll Rand Inc and Eaton Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the LV Home and Building Automation companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LV Home and Building Automation Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global LV Home and Building Automation Market Segment Percentages, by Type, 2021 (%)
Global LV Home and Building Automation Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global LV Home and Building Automation Market Segment Percentages, by Application, 2021 (%)
Global LV Home and Building Automation Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global LV Home and Building Automation Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
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