Frequently Asked Questions
The building automation market size will be worth USD 162,737.5 million by 2028.
The growth rate of the building automation market is 9.00%.
The factors such as growing security concerns and increasing global demand for energy conservation across the globe are the growth drivers of the building automation market.
Product, vertical, communication technology and offering are the factors on which the building automation market research is based.
Major companies in the building automation market are Siemens, Schneider Electric, Johnson & Johnson Private Limited, Honeywell International Inc., ABB, Carel Industries S.p.A., Carrier., Crestron Electronics, Inc., Larsen & Toubro Limited., Raytheon Technologies Corporation, Robert Bosch GmbH, Legrand, Hubbell., Ingersoll Rand, Lutron Electronics Co., Inc, BuildingIQ, Google Nest, KMC Controls., General Electric Company, Mitsubishi Electric Corporation, Cisco Systems Inc., Koninklijke Philips N.V., Lennox International, Rheem Manufacturing Company among other domestic and global players.
