DUBLIN–(BUSINESS WIRE)–The “United Kingdom Building Automation Systems Market Outlook: Market Forecast By Products, By Control Technology, By Applications, By Distribution Channels, By Business Types, Application-Wise Split, By Products And Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
United Kingdom Building Automation Systems Market size is projected to grow at CAGR of 10.5% during 2021-2027.
United Kingdom Building Automation Systems Market report thoroughly covers the market by products, control technology, applications, distribution channels, and business types.
The report provides an unbiased and detailed analysis of the on-going trends, opportunities / high growth areas, market drivers, and market revenue share by companies, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
United Kingdom Building Automation Systems Market Synopsis
United Kingdom building automation systems market witnessed a decline in 2020 due to the pandemic situation caused by COVID-19 which led to a halt in construction activities owing to limitations on cross border trade and movement of people. This resulted in an overall economic slowdown in the country that had an adverse impact on the market revenues during the year 2020.
However, with the gradual opening of economic activities post 2020, the supply chains are returning to normalcy and the construction activities have been resuming which would positively impact the United Kingdom building automation systems market in the coming years.
Due to the rising electricity demand, increasing technological applications in industries, increasing government initiatives aimed at promoting residential development, green infrastructure like “build, build, build”, “Green Homes Grant Scheme”, “IoT ‘Security by Design’ Law”, “Industry 4.0”, among others, the building automation systems market of the country would witness significant growth in the years to come.
Additionally, the government of United Kingdom has announced energy efficiency targets in 2021, for instance, the UK housing minister announced that by 2025, all new homes must be more energy-efficient and zero-carbon ready. Such initiatives would propel the growth of green buildings which would, in turn, create a demand for building automation systems owing to its efficient use of energy and minimal impact on the environment.
Market by Applications Analysis
In terms of Applications, commercial application have captured approximately half of the market revenues in 2020 and is expected to retain its dominance over the forthcoming years commercial segment accounted for the majority of the revenue share in 2020 and the same trend is expected to follow in the upcoming years as well on account of increasing infrastructure programs including the development of hotels, hospitals, expansion of commercial spaces, among others.
Market by Products Analysis
In United Kingdom building automation systems market, HVAC control systems, fire protection systems, and building energy management services cumulatively have captured approximately 71% of the market revenues in 2020, with HVAC control systems leading the market.
HVAC control systems captured key share of the market pie, owing to the deployment of HVAC systems in major office buildings, shopping malls, and public transportation areas. Also, HVAC systems could control building temperature and save up to 30-50% on utility bills which would assist in the growth of HVAC control systems.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
- Key Highlights of the Report
- United Kingdom Building Automation Systems Market Overview
- United Kingdom Building Automation Systems Market Outlook
- United Kingdom Building Automation Systems Market Forecast
- Historical Data and Forecast of United Kingdom Building Automation Systems Market Revenues for the Period 2017-2027F
- Historical Data and Forecast of United Kingdom Building Automation Systems Market Revenues, By Products, for the Period 2017-2027F
- Historical Data and Forecast of United Kingdom Building Automation Systems Market Revenues, By Control Technology, for the Period 2017-2027F
- Historical Data and Forecast of Application-Wise Revenues, By Products, for the Period 2017-2027F
- Historical Data and Forecast of United Kingdom Building Automation Systems Market Revenues, By Applications, for the Period 2017-2027F
- Historical Data and Forecast of United Kingdom Building Automation Systems Market Revenues, By Distribution Channels, for the Period 2017-2027F
- Historical Data and Forecast of United Kingdom Building Automation Systems Market Revenues, By Business Types, for the Period 2017-2027F
- Market Drivers and Restraints
- United Kingdom Building Automation Systems Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- United Kingdom Building Automation Systems Market Share/ Ranking, By Company
- COVID-19 Impact Analysis
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
By Products
- HVAC Control Systems
- Light Control Systems
- Security & Access Control Systems
- Fire Protection Systems
- Building Energy Management Services
By Control Technology
- Wired Technology
- Wireless Technology
By Applications
- Residential
- Commercial
- Industrial
By Distribution Channels
By Business Types
- B2B
- B2C
- Application-Wise Split, By Products
By Commercial Applications
- HVAC Control Systems
- Light Control Systems
- Security & Access Control Systems
- Fire Protection Systems
- Building Energy Management Services
By Residential Applications
- HVAC Control Systems
- Light Control Systems
- Security & Access Control Systems
- Fire Protection Systems
- Building Energy Management Services
By Industrial Applications
- HVAC Control Systems
- Light Control Systems
- Security & Access Control Systems
- Fire Protection Systems
- Building Energy Management Services
Companies Mentioned
- Schneider Electric SE
- Honeywell International Inc.
- Robert Bosch GmbH
- Siemens AG
- Johnson Controls Inc.
- Fr. Sauter AG
- ABB Limited
- Legrand Group
- WAGO GmbH & Co. KG
- Beckhoff Automation GmbH & Co. KG
For more information about this report visit https://www.researchandmarkets.com/r/xnyaej
United Kingdom Building Automation Systems Markets Outlook 2022-2027: Products, Control Technology, Applications, Distribution Channels, and Business Types – ResearchAndMarkets.com & More Latest News Update
United Kingdom Building Automation Systems Markets Outlook 2022-2027: Products, Control Technology, Applications, Distribution Channels, and Business Types – ResearchAndMarkets.com & More Live News
All this news that I have made and shared for you people, you will like it very much and in it we keep bringing topics for you people like every time so that you keep getting news information like trending topics and you It is our goal to be able to get
all kinds of news without going through us so that we can reach you the latest and best news for free so that you can move ahead further by getting the information of that news together with you. Later on, we will continue
to give information about more today world news update types of latest news through posts on our website so that you always keep moving forward in that news and whatever kind of information will be there, it will definitely be conveyed to you people.
United Kingdom Building Automation Systems Markets Outlook 2022-2027: Products, Control Technology, Applications, Distribution Channels, and Business Types – ResearchAndMarkets.com & More News Today
All this news that I have brought up to you or will be the most different and best news that you people are not going to get anywhere, along with the information Trending News, Breaking News, Health News, Science News, Sports News, Entertainment News, Technology News, Business News, World News of this news, you can get other types of news along with your country and city. You will be able to get information related to, as well as you will be able to get information about what is going on around you through us for free
so that you can make yourself a knowledgeable by getting complete information about your country and state and information about news. Whatever is being given through us, I have tried to bring it to you through other websites, which you may like
very much and if you like all this news, then definitely around you. Along with the people of India, keep sharing such news necessary to your loved ones, let all the news influence them and they can move forward two steps further.
Credit Goes To News Website – This Original Content Owner News Website . This Is Not My Content So If You Want To Read Original Content You Can Follow Below Links