South East Asia Building Automation System Markets, 2021-2027: Focus on HVAC Control, Lighting Control, Security & Access Control, Energy Management System, Fire Protection System – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Southeast Asia Building Automation System Market 2021-2027” report has been added to ResearchAndMarkets.com’s offer.

The Southeast Asian Building Automation System Market is expected to grow at a CAGR of 8.1% in 2021-2027

Increasing government support in the form of initiatives and programs such as the Philippine Energy Efficiency and Conservation Roadmap (2017-2040), Cambodia Energy Efficiency and Conservation Master Plan’ and CAMEEL 2020 development Plan, Low Carbon Development Initiative (LCDI) 2020 and other such policies together With the increasing adoption of advanced digital technologies such as IoT, big data analytics and artificial intelligence, the growth of the building automation systems market in the above-mentioned region is set to be strengthened in the coming years.

The building automation systems market in Southeast Asia has seen significant growth in recent times due to the increasing construction of high-rise buildings in commercial and residential domains, due to rapid urbanization in Tier II and Tier III cities of several countries in the Southeast region. Asia .

However, the spread of Covid-19 led to a general economic slowdown in the Southeast Asia region that negatively impacted investment in the construction sector, leading to declining market revenues in the year 2020.

Despite the slowdown in 2020, market revenues are expected to recover from 2021 thanks to the resumption of economic activity, business, trade and industry, which in turn will boost the flow of foreign investment into the region’s construction sector and thus growth. of building automation systems in the near future.

Of all the countries, Singapore is expected to generate the highest revenue in the overall building automation systems market in the Southeast Asian region due to the adoption of the third green building master plan, which is largely focused on saving energy and reducing emissions. greenhouse gases from HVAC systems, increasing the efficiency of the building and its operations and reducing energy costs.

Based on control technology, wired building automation systems accounted for most of the revenue share in the Southeast Asia region in recent years due to high consumer preference due to reliability, low installation and maintenance costs, and easy repair. However, with the increasing adoption of the IoT platform, the market revenue of wireless technology is expected to grow at a faster pace in the coming period.

Key Questions Answered in the Southeast Asian Building Automation System Market Report:

  • Southeast Asia Building Automation Systems Market Overview:

  • Southeast Asia Building Automation Systems Market Overview

  • Southeast Asia Building Automation Systems Market Forecast:

  • Historical Data and Forecast of Building Automation Systems Market Revenue in Southeast Asia for 2017-2027F

  • Historical data and forecast of revenues by products, control technology, applications and countries for the period 2016-2026F

  • Historical data and revenue forecast, by country, for the period 2017-2027F

  • Singapore, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Cambodia, Myanmar Historical Data and Forecast Building Automation Systems Market Revenue, by Product, Control Technology and Applications for 2017-2027F

  • Market factors and constraints

  • Market trends for building automation systems in Southeast Asia:

  • Industry Life Cycle

  • Porter’s Five Forces Analysis

  • Market Opportunity Assessment

  • Southeast Asia Building Automation Systems Market Share/Rank, by Country

  • Market Competitive Benchmarking

  • Company Profiles

Key strategic recommendations

By products

  • HVAC Control Systems

  • Light control systems

  • Security and access control system

  • Building energy management services

  • Fire protection system

By control technology

  • Wired technology

  • Wireless technology

By Applications

  • Advertisement

  • industrial

  • residential

By countries

  • Singapore

  • Indonesia

  • Thailand

  • Malaysia

  • Philippines

  • Vietnam

  • Cambodia

  • Myanmar

  • Rest of Southeast Asia

Named companies

  • ABB Limited

  • Azbil Corporation

  • Delta Control

  • Honeywell International Inc.

  • Johnson Controls International plc

  • Legrand Group

  • Robert Bosch (Southeast Asia) Pte Ltd

  • Schneider Electric SE

  • Siemens AG

  • Trane Technologies plc

For more information about this report, visit https://www.researchandmarkets.com/r/90ks9o

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