United States Building Automation and Control Systems Market Forecast and Opportunities 20152020 - Emergence of Wireless Controls & Customization

May 21, 2015, 10:56 ET from Research and Markets

DUBLIN, May 20, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/rjnzt4/united_states) has announced the addition of the "United States Building Automation and Control Systems Market Forecast and Opportunities, 2020" report to their offering.

The market for building automation & control systems in the US is projected to grow at over 9% through 2020

Several key federal policy directives, stringent regulations regarding greenhouse gas emissions, rising energy costs, and growing awareness of benefits of automation, are major factors driving the market in the United States. HVAC controls segment captured the largest share in the market in 2014 and is expected to maintain its dominance through 2020. However, security and access controls segment is anticipated to emerge as the fastest growing segment over the forecast period. Although, high initial investments, and operational issues while switching to automated systems, are hindering widespread adoption, development of customized cost-efficient products would help in eliminating these challenges. 

Building automation & control systems market in the United States has been witnessing impressive growth post-recession. With commercial, residential and industrial consumers realizing tremendous energy savings with the deployment of building automation controls, demand for BAS is increasing significantly. The future of BAS market also looks bright, with several key federal policies pushing the use of automated solutions, to contain the demand for energy across the country. With existing retrofit market for BAS products catering to a massive base of older buildings, market for building automation products and system controls is poised to grow over the next five years. Evolution of new concepts and major technological contributions are further fueling the demand for building automation solutions.

United States Building Automation & Control Systems Market Forecast & Opportunities, 2020 discusses the following aspects of building automation and control systems market in the United States:

  • United States Market Size, Share & Forecast
  • Segment Analysis - HVAC, Lighting, Security & Access Controls, Other Controls
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations

Market Trends & Developments

  • Growing Advancements in BAS
  • Measurement & Verification
  • Emergence of Wireless Controls & Customization
  • Enterprise Wide Control
  • Ease of Implementation

Competitive Landscape

  • Honeywell International Inc
  • Johnson Controls, Inc
  • Siemens Corporation
  • Schneider Electric USA, Inc
  • United Technologies Corporation
  • Tyco International (US), Inc
  • Legrand North America, Inc
  • Control4 Corporation
  • Bosch Security Systems, Inc
  • Lutron Electronics Company, Inc.Schneider Electric USA, Inc

For more information visit http://www.researchandmarkets.com/research/rjnzt4/united_states

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

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