Lucintel Forecasts the Global Intelligent Building Automation Technology Market is expected to grow with a CAGR of 9.6% from 2025 to 2031
Lucintel Forecasts the Global Intelligent Building Automation Technology Market is expected to grow with a CAGR of 9.6% from 2025 to 2031
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According to a market report by Lucintel, the future of the global intelligent building automation technology market looks promising with opportunities in the residential, commercial, and industrial markets. The global intelligent building automation technology market is expected to grow with a CAGR of 9.6% from 2025 to 2031. The major drivers for this market are increasing demand for energy efficiency, the rising focus on sustainability, and the growing need for operational efficiency.
A more than 150-page report to understand trends, opportunity and forecast in intelligent building automation technology market to 2031 by product (security systems, life safety systems, facility management systems, and building energy management systems), component (hardware, software, and service), application (residential, commercial, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the Product category, building energy management system is expected to witness the highest growth over the forecast period due to the rising building technical services.
Within the application category, commercial is expected to witness the highest growth due to the increasing demand for energy efficiency.
In terms of region, North America is expected to witness the highest growth over the forecast period due to the growing in intelligent building automation technologies.
Download sample by clicking on intelligent building automation technology market
ABB, General Electric, Honeywell International, Eaton, Hubbell, Azbil Corporation, Ingersoll Rand, Johnson Controls, Rockwell Automation, Seimens are the major suppliers in the intelligent building automation technology market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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