The global Intelligent Building Automation Technologies (IBAT) market size is expected to reach USD 125.74 Billion in 2028 and register a revenue CAGR of 7.1% over the forecast period, according to the latest report by Emergen. Rising need for improvement of security and safety in intelligent buildings is driving intelligent building automation technologies market revenue growth.

The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Intelligent Building Automation Technologies market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

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The key companies studied in the report are:

ABB Ltd., Azbil Corporation, Eaton Corporation, Honeywell International Inc., Hubbell, Inc., Siemens AG, Johnson Controls, Rockwell Automation, Inc., Schneider Electric, and Ingersoll Rand.

The report studies the historical data of the Intelligent Building Automation Technologies market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Intelligent Building Automation Technologies industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Intelligent Building Automation Technologies market.

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The report addresses the following key points:

• The report estimates the expected market size from 2020-2027
• The report provides a forecast of market drivers, restraints, and future opportunities for the Intelligent Building Automation Technologies market
• The report further analyses the changing market dynamics
• Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

Emergen Research has segmented global intelligent building automation technologies market on the basis of type, product, application, and region:

• Type Outlook (Revenue, USD Million, 2018–2028)
  • Hardware
  • Software
  • Service

• Product (Revenue, USD Million, 2018–2028)
  • Facility Management Systems
  • Security Systems
  • Life Safety Systems
  • Building Energy Management Systems

• Application Outlook (Revenue, USD Million, 2018–2028)
  • Residential
  • Commercial
  • Industrial

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

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