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(IT-NEWSWIRE.COM, March 27, 2017 ) According to Publisher, the Global Intelligent Building Automation Technologies is valued at $63.48 billion in 2015 and is expected to grow at a CAGR of 4.8% to reach $88.27 billion by 2022. Growing need for improved security and safety in intelligent buildings, implementation of these systems in residential buildings and adoption of different protocols of building automation are some of the factors driving the market growth. Moreover, a tax benefit provided by the government to developers is also further fueling the market growth. On the other hand, lack of professional labor, absence of uniformity in the deployment of technology and huge initial investments has been the key issues in the market growth.
For more information @ http://www.reportsweb.com/intelligent-building-automation-technologies-global-market-outlook-2015-2022
Life safety systems segment is poised to witness the quick growth owing to the existence of several features such as emergency service during fire and earthquakes. Facilities management systems segment is estimated to generate more revenue to the market. Furthermore demand for physical security systems is anticipated to grow on a huge scale. North America and Europe are the major markets in terms of revenue owing to large investments in building security and services coupled with rising technological developments in the regions. Asia-Pacific is anticipated to gain market traction due to the adoption of these technologies in developing countries such as China and India.
Some of the key players in global Intelligent Building Automation Technologies market are ABB,
Azbil Corporation, Eaton Corporation, General Electric, Honeywell, Ingersoll Rand, Johnson Controls Inc., Rockwell Automation, Schneider Electric, Siemens Building Technologies , Tyco International, Echelon, Bosch Security Systems and Ingersoll Rand Inc.
Applications Covered
-HVAC (Heating, Ventilating, and Air Conditioning)
-Fire & Life Safety
-Lighting
-Building Management Systems
-Energy
-Explosive Detectors
-Security & Access Control Systems
-Screening Solutions
-Car Park Management Services
-Other Applications
Products Covered
-Life Safety Systems
-Physical Security Systems
-Facilities Management Systems
Technologies Covered
-Computing hardware
-Networking equipment
-Computing software
-Computing and network services
Services Covered
-Life Safety Service
-Physical Security Service
-Facilities Management Service
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001322828/sample
Regions Covered:
-North America
-US
-Canada
-Mexico
-Europe
-Germany
-France
-Italy
-UK
-Spain
-Rest of Europe
-Asia Pacific
-Japan
-China
-India
-Australia
-New Zealand
-Rest of Asia Pacific
-Rest of the World
-Middle East
-Brazil
-Argentina
-South Africa
-Egypt
11 Company Profiling
11.1 ABB
11.2 Azbil Corporation
11.3 Eaton Corporation
11.4 General Electric
11.5 Honeywell
11.6 Ingersoll Rand
11.7 Johnson Controls Inc.
11.8 Rockwell Automation
11.9 Schneider Electric
11.10 Siemens Building Technologies
11.11 Tyco International
11.12 Echelon
11.13 Bosch Security Systems
11.14 Ingersoll Rand Inc.
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ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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