The Intelligent Building Automation Technologies Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Intelligent Building Automation Technologies Market?
The market size of the Intelligent Building Automation Technologies Global Market Report 2024 has experienced significant expansion in recent years. The market is projected to increase from $92.38 billion in 2024 to $98.11 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Intelligent Building Automation Technologies Industry?
The Intelligent Building Automation Technologies Global Market is expected to grow to $150.14 billion by 2029, with a compound annual growth rate of 11.2%.
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What are the Key Growth Drivers Fueling the Intelligent Building Automation Technologies Market?
The key drivers in the intelligent building automation technologies market are:
• The maturing of the technology ecosystem
• Customization and flexibility in system design
• Ensuring data security and privacy protections
• Adoption of human-centric design in building automation
• The shift towards decentralized energy systems
Global Market Segmentation: Identifying Major Intelligent Building Automation Technologies Industry Segments
The intelligent building automation technologies market covered in this report is segmented –
1) By Type: Hardware, Software, Service
2) By Communication Technology: Wired Technology, Wireless Technology
3) By Application: Residential, Commercial, Industrial
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What are the Emerging Trends Shaping the Future of the Intelligent Building Automation Technologies Market?
The key trends in the well casing and cementing market are:
• The technology ecosystem is expected to mature, impacting the intelligent building automation technologies market.
• The market will see a trend towards customization and flexibility in building automation.
• Data security and privacy concerns will shape the future of this market.
• The move towards human-centric designs is another emerging trend in intelligent building automation technologies.
Who Are the Top Competitors & Leading Players in the Intelligent Building Automation Technologies Market?
Major companies in the intelligent building automation technologies market are:
• Asea Brown Boveri Ltd.
• Azbil Corporation
• Eaton Corporation plc
• General Electric Company
• Ingersoll Rand Inc.
• Siemens Building Technologies Inc.
• Schneider Electric SE
• Honeywell International Inc.
• Hubbell Incorporated
• Rockwell Automation Inc.
• United Technologies Corporation
• Samsung Electronics Co. Ltd.
• Delta Controls Inc.
• Panasonic Corporation
• Robert Bosch GmbH
• Cisco Systems Inc.
• Trane Technologies plc
• Lutron Electronics Co. Inc.
• Johnson Controls International plc
• Beijer Electronics AB
• Emerson Electric Co.
• Mitsubishi Electric Corporation
• Hitachi Ltd.
• Huawei Technologies Co. Ltd.
• Creston Electronics LLC
• Legrand SA
• Bajaj Electricals Limited
• Building LogiX Inc.
• Distech Controls Inc.
• Dialight plc
Regional Dominance: Which Area Leads the Global Intelligent Building Automation Technologies Market?
North America was the largest region in the intelligent building automation technologies market in 2024
