UAE Building Automation Control Systems Market (2018-2024): Market Forecast By Product Type (HVAC (Sensors, Thermostats, Control Valves and Others), Lighting Control System (Sensors and Dimming, Relays Thermostats and Others), Electronic Security and Safety System (Video Surveillance, Fire and Safety, Access Control and Others), Energy Management System (Smart Meter and Others)), By Applications (Residential, Industrial & Manufacturing and Commercial office, Hospitality, Transportation, Retail and Others including Government, Healthcare and Education), By Regions (Abu Dhabi, Dubai and Other Emirates including Sharjah, Ras al Khaimah, Fujairah, Umm al Quwain and Ajman) and Competitive Landscape
Growing affinity for smart homes and automated buildings across the country are accelerating the demand for building automation systems. Further, adoption of energy efficient solutions in commercial and residential buildings to optimize electricity usage and regulate temperature inside the buildings are further spurring the market growth. Additionally, growing need for security in commercial offices and retail buildings such as malls, supermarkets and hypermarkets would lead to a rise in deployment of automatically programmed security devices to regulate routine functions smoothly.
According to it, UAE Building Automation Control Systems Market is projected to grow at a healthy CAGR of 7.5% during 2018-24. Increasing infrastructural development and growing investment in commercial and industrial sectors under the countrys development plan – UAE Vision 2021, would act as a major growth driver for the building automation systems market over the coming years.
The Residential and commercial sectors occupied majority of the market share in the UAE building automation systems market in 2017, while the hospitality sector is projected to witness the highest growth rate during the forecast period on account of increasing hotel and mall construction activities in major cities such as Dubai and Abu Dhabi. Tourist footfall is predicted to increase as a result of the Dubai Expo 2020, which would act as the key growth driver for the hospitality sector in the country.
The report thoroughly covers the UAE building automation control systems market by product type, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities, high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Historical Data of UAE Building Automation Control Systems Market Revenues for the Period 2014-2017
Market Size & Forecast of UAE Building Automation Control Systems Market Revenues until 2024
Historical Data of UAE Building Automation Control Systems Market Revenues, By Type for the Period 2014-2017
Market Size & Forecast of UAE Building Automation Control Systems Market Revenues, By Type until 2024
Historical Data of UAE Building Automation Control Systems Market Revenues, By Applications for the
Market Size & Forecast of UAE Building Automation Control Systems Market Revenues, By Applications until 2024
Historical Data of UAE Building Automation Control Systems Market Revenues, By Regions for the Period 2014-2017
Market Size & Forecast of UAE Building Automation Control Systems Market Revenues, By Regions until 2024
Market Drivers and Restraints
Market Trends and Developments
Player Market Share and Competitive Landscape
The report provides detailed analysis of the following market segments:
By Product Type
o Lighting Control System
Sensors and Dimming
o Electronic Security and Safety System
Fire and Safety
o Energy Management System
o Industrial & Manufacturing
o Commercial office
o Others (Government, healthcare and Education)
o Abu Dhabi
o Other Emirates (Sharjah, Ras al Khaimah, Fujairah, Umm al Quwain and Ajman)
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Tagged: Building Automation, Building Automation Control Systems, Construction, Global Research Reports, Industry Analysis, Industry Forecast, Market Research Reports, research reports, UAE, UAE Construction Market