Market Forecast 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 Buildings, Commercial Buildings, Industrial Buildings) and Competitive Landscape
Product Code: ETC001860 | Publication Date: Aug 2024 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Japan Building Automation Market |
Forecast period | 2024-2030 |
CAGR | 7.3% |
Growing Sector | Commercial Building |
Japan Building Automation Market report thoroughly covers the market by Products, Control Technology, and Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Japan Building Automation Market is experiencing notable growth due to increasing demand for energy-efficient solutions and enhanced security measures in buildings.
According to 6Wresearch, the Japan Building Automation Market is projected to grow at a CAGR of 7.3% from 2024-2030. Further, the commercial buildings sector is significantly contributing towards market growth due to enhanced technology along with increasing demand for rational building management system. The increasing need to reduce energy consumption and reliable functioning of building automation systems are creating a wide space for the digital transformation at commercial spaces, offices, shopping complexes etc. The increasing use of smart building solutions in residential and industrial buildings is another key factor, spurring the market landscape. Despite the growth, the market faces challenges such as high installation costs and the complexity of integrating various systems into a unified platform. Maintenance and the need for continuous upgrades to keep pace with technological advancements also pose significant hurdles. Furthermore, the lack of skilled professionals to manage and operate advanced automation systems is another challenge for the market.
Leading players in the Japan Building Automation Market include Siemens AG, Schneider Electric, and Johnson Controls International plc. Siemens AG is known for its comprehensive range of building automation products, including advanced HVAC and lighting control systems. Schneider Electric offers integrated solutions for building energy management and security, catering to various building types. Johnson Controls International plc specializes in innovative fire protection and security systems, providing reliable and efficient solutions for commercial and industrial buildings.
The Japanese government is actively promoting building automation through various initiatives aimed at enhancing energy efficiency and security in buildings. High prevalence of smart building technologies and shifting inclination toward the operational performance are some factors driving market growth. Moreover, the modernization of infrastructure coupled with occupied spaces creating a strong incentive for existing buildings to upgrade themselves with advanced automation system are also aiding in expansion of market. Furthermore, investments in smart city projects and the development of energy-efficient building standards are expected to boost the demand for building automation solutions.
The Japan Building Automation Market is set to grow significantly over the next few years. Market growth will be driven by technological advancements such as the integration of IoT in smart building solutions. The increasing preference for energy-efficient and automated systems, coupled with the rising demand for smart and sustainable building solutions, is expected to influence the sales of advanced building automation products. Additionally, the commercial buildings sector will maintain its importance as more businesses invest in smart technologies to enhance operational efficiency. Moreover, the residential and industrial segments are also expected to witness substantial growth as the adoption of smart building solutions continues to rise. Overall, the market will expand with a focus on innovation and sustainability.
According to Ravi Bhandari, Research Head, 6Wresearch, security and access control systems are leading the market due to their widespread use in enhancing building safety and management.
High demand for wireless control technology because it offers greater flexibility and ease of integration in building automation systems.
The commercial buildings sector holds the largest share due to continuous improvements in building management systems and the growth of smart office spaces and commercial complexes.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Japan Building Automation Market Overview |
3.1 Country Indicators |
3.2 Japan Building Automation Market Revenues, 2016-2026F |
3.3 Japan Building Automation Market Revenue Share, By-Products, 2019 & 2026F |
3.4 Japan Building Automation Market Revenue Share, By Control Technology, 2019 & 2026F |
3.5 Japan Building Automation Market Revenue Share, By Applications, 2019 & 2026F |
3.6 Japan Building Automation Market Revenue Share, By Regions, 2019 & 2026F |
3.7 Japan Building Automation Market Industry Life Cycle |
3.8 Japan Building Automation Market- Porter’s Five Forces |
4. Japan Building Automation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Japan Building Automation Market Trends |
6. Japan Building Automation Market Overview, By-Products |
6.1 Japan Security & Access Control System Building Automation Market Revenues, 2016-2026F |
6.2 Japan Light Control System Building Automation Market Revenues, 2016-2026F |
6.3 Japan HVAC Control System Building Automation Market Revenues, 2016-2026F |
6.4 Japan Building Energy Management Services Building Automation Market Revenues, 2016-2026F |
6.5 Japan Fire Protection System Building Automation Market Revenues, 2016-2026F |
7. Japan Building Automation Market Overview, By Control Technology |
7.1 Japan Wired Building Automation Market Revenues, 2016-2026F |
7.2 Japan Wireless Building Automation Market Revenues, 2016-2026F |
8. Japan Building Automation Market Overview, By Applications |
8.1 Japan Residential Building Automation Market Revenues, 2016-2026F |
8.2 Japan Industrial Building Automation Market Revenues, 2016-2026F |
8.3 Japan Commercial Building Automation Market Revenues, 2016-2026F |
9. Japan Building Automation Market Overview, By Regions |
10. Japan Building Automation Market Key Performance Indicators |
11. Japan Building Automation Market Opportunity Assessment |
11.1 Japan Building Automation Market Opportunity Assessment Share, By Product, 2026F |
11.2 Japan Building Automation Market Opportunity Assessment Share, By Control Technology, 2026F |
Market Forecast 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 Buildings, Commercial Buildings, Industrial Buildings) and Competitive Landscape
Product Code: ETC001860 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Growing penetration of IoT, increasing demand for connected devices coupled with surging technology advancement in the security technology has driven the demand for building automation market in Japan. Rising construction activities across airports, metros, and new housing societies along with the increasing establishment of SMEs and commercial hubs would further fuel the demand for building the automation market in Japan in the forthcoming years.
According to 6Wresearch, the Japan Building Automation Market size is anticipated to register growth during 2020-26. Japan market is expected to register slow growth over the next two years due to the global pandemic COVID-19 in 2020. Japan's economy has registered a downward trend in economic growth during the first quarter of 2020, resulting in a decline in government investment for infrastructure development projects during the next two years. However, expected growth in the government investment in the construction projects coupled with government policies for the compulsory installation of security systems would lead to a surge in the deployment of building automation systems in the country during the forecast period.
Based on applications, the residential building segment accounted for a leading share of market demand owing to the high residential construction projects in the country. Residential projects account for more than one-third of the total active construction projects in Japan.
The Japan Building Automation market report thoroughly covers the market by products, control technology, applications, and regions. The Japan Building Automation market outlook report provides an unbiased and detailed analysis of the on-going Japan 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.
Japan Building automation market is anticipated to register sound revenues in the upcoming six years on the back of rising government investment in the commercial sector coupled with an increase in infrastructure such as offices and malls which require an energy-efficient system leading to low energy cost by the installation of building management systems during the forecast period. Additionally, an increase in business productivity is expected to dominate the overall prominent share in the market owing to the rise in the use of building automation system tends to run systems efficiently is leading to less breakdown and repairment cost and ensure uninterrupted work and would proliferate the growth of Japan building automation market in the coming timeframe.
Key Highlights of the Report:
Markets Covered
The Japan Building Automation Market report provides a detailed analysis of the following market segments: