Iraq Building Automation Market (2020-2026) | Share, Value, Growth, Companies, Trends, Size, Forecast, Outlook, Revenue, Industry, COVID-19 IMPACT & Analysis

Changing government policies, growing investment in the country coupled with rising demand for reduction in electricity consumption would drive the demand for building the automation market in Iraq. The country is in the process of restructuring and the government has taken several initiatives to create a potential and suitable environment to increase foreign investment in the country, resulting in an increase in construction projects in the commercial and industrial sector in Iraq, which would lead to further increase in installation of building automation systems in the country.

According to 6Wresearch, Iraq Building Automation Market size is anticipated to register growth during 2020-26. Iraq has registered a decline in the demand for building automation systems over the past four years due to the economic slowdown, declining oil prices, and depreciating government revenues in the country. The market is further expected to register a decline in growth during 2020, owing to the global pandemic COVID-19. However, the market is projected to record positive growth during 2021-2026, on the back of the growing non-oil sector in the country and is expected to register moderate growth over the forecast period

Based on products, security surveillance and access control systems accounted for a leading share of market demand owing to the increasing private sector investment in the country coupled with growing security concerns in the country. Iraq has registered an increase of over 8% in the crime rate over the last year, which would lead to a further increase in the deployment of surveillance cameras across the country to ensure the safety and security of the people during the forthcoming years.

The Iraq Building Automation market report thoroughly covers the market by products, control technology, applications, and regions. The Iraq Building Automation market outlook report provides an unbiased and detailed analysis of the on-going Iraq Building Automation market trends, opportunities, high growth areas and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

Key Highlights of the Report:

• Iraq Building Automation Market Overview
• Iraq Building Automation Market Outlook
• Iraq Building Automation Market Forecast
• Historical Data of Iraq Building Automation Market Revenues & Volume for the Period 2016-2019
• Iraq Building Automation Market Size and Iraq Building Automation Market Forecast of Revenues & Volume, Until 2026
• Historical Data of Iraq Building Automation Market Revenues & Volume, By Products, for the Period 2016-2019
• Market Size & Forecast of Iraq Building Automation Market Revenues & Volume, By Products, Until 2026
• Historical Data of Iraq Building Automation Market Revenues & Volume, By Control Technology, for the Period 2016-2019
• Market Size & Forecast of Iraq Building Automation Market Revenues & Volume, By Control Technology, Until 2026
• Historical Data of Iraq Building Automation Market Revenues & Volume, By Applications, for the Period 2016-2019
• Market Size & Forecast of Iraq Building Automation Market Revenues & Volume, By Applications, Until 2026
• Market Drivers and Restraints
• Iraq Building Automation Market Price Trends
• Iraq Building Automation Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Iraq Building Automation Market Share, By Players
• Iraq Building Automation Market Share, By Regions
• Iraq Building Automation Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Iraq Building Automation Market report provides a detailed analysis of the following market segments:

• By-Products:
  • Security and Access Control System
  • Fire Protection System
  • Lighting Control System
  • HVAC Control System
  • Building Energy Management Services
• By Control Technology:
  • Wired
  • Wireless
    
    
• By Applications:
  • Residential Building
  • Commercial Building
  • Industrial Building

Frequently Asked Questions About the Market Study (FAQs):