LONDON, Aug. 3, 2015 /PRNewswire/ -- This study forms
part of BSRIA's regular multi-client studies. The multi-client
World Building Automation and Control Systems (BACS) studies are
published every June. The current 17 countries programme shows the
latest developments and trends in the BACS product, value added
services and service & maintenance segments. The base year is
2013, with forecasts offered until 2018. Mexico has been researched for the first time
regarding BACS and it is part of the current study, published in
June 2014.
Why you need this report
This report provides you with insights into:
- Building Automation Controls Systems (BACS) markets in 17
countries: Brazil, China, France, Germany, India, Italy,
Mexico, Netherlands, North
America, Poland,
Russia, Saudi Arabia, Spain, Sweden, Turkey, UAE, United
Kingdom
- Information on the market size, market segmentation and forecasts
until 2018
- Market shares of product and installed systems sales
- Product sales to 18 verticals
- Market sizes of DDC Controllers, Sensors, Valves, Valve
Actuators, Damper Actuators and Other BACS products
- Routes to market (7 different routes presented)
- Market background and drivers in each country
- Value of Value-Added segment and forecasts
- Value of Service and Maintenance segment and forecasts
- Total Manufacturer Turnover and BACS Business
Key Findings
The global BACS market is currently worth more than $18 Billion and continues to grow year on year
despite economic problems. This lucrative market is continually
attracting new entrants, and new technologies, innovations and
novel business models are threatening to disrupt the traditional
business.
The trend is towards open communication protocols, as end-users are
demanding more and more integration. An increasing number of
manufacturers are offering BACS products with open communication
protocols, which enables system integrators to integrate several
applications.
A less developed trend is convergence, integrating building
applications into the IT infrastructure of a building. This trend
is more advanced in North America,
but will occur elsewhere as well. Sales by verticals depend on the
national/regional investment programmes; the budget cuts have an
impact on sales towards education, healthcare and public sector
verticals. In many countries new build activity is weak, leaving
retrofit and refurbishment as drivers for BACS sales.
The Total World BACS market saw an annual growth rate of 3% between
2011 and 2013 to reach US$21.1 bn.
Products account for around a third, with the share of value-add
increasing during the years. The trend n value-add seems to be
divided into two distinct ways depending on the geography. Some
countries have experienced growth of the value add market due to
the demands for integration to improve energy efficiency and are
expected to grow, while others have seen a decrease due to price
competition and the declining needs triggered by financial
stagnation.
In some countries, the role of system integrators and control
contractors has become more important whereas in other countries,
manufacturers have increased to provide value-added service
directly.
North America accounts for 35% of
the BACS product market, while Europe's share is 33%. Asia and Australasia (including China and India) account for 22%, leaving the share of
Middle East & Africa at 10%.
The Total World BACS market is expected to grow by just over 4% per
annum to account for just over US$26
bn in 2018. BSRIA WMI expects that in 5 years' time products
to grow their share in the total BACS value to 33%.
The BRIC countries are expected to grow further, with India expecting a CAGR 2013-2018 of almost
14%. Growth in Brazil slowed down
during the 2014 FIFA World Cup, but growth rate will rebound
leading up to the Summer Olympics in 2016 and beyond.
New global report now available by BSRIA
BSRIA has recently published its new and fully updated world study
of Building Automation and Control Systems (BACS) markets. These
new reports have been compiled through findings from face-to-face
and telephone interviews with key world-wide industry contacts
across 17 countries. The report focuses on the size of the 2013
BACS products, BACS installed systems, value-add, as well as
service & maintenance markets. Forecasts are provided until
2018, with detailed information available on routes to markets,
market drivers, market shares of manufacturers by products and
installed systems, as well as sales by 18 verticals in each
country.
Download the full report:
https://www.reportbuyer.com/product/2377917/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that
provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/world-building-controls-study-2014-saudi-arabia-300122846.html
SOURCE ReportBuyer