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

Rising urbanization, growing investment in the industrial and commercial sectors, government efforts to bolster the country's IT industry coupled with growing awareness regarding energy saving has driven the demand for the building automation market in Jordan. Increasing foreign direct investment, growing construction, and infrastructural activities, is growing the demand for the building automation market in Jordan. Moreover, the government has regulated various favorable policies and investments to regulate electricity consumption which would further support the growth of the building automation market in the country.

According to 6Wresearch, the Jordan Building Automation Market size is anticipated to register growth during 2020-26. Growing government investment for the development of small & medium-sized enterprises along with the strengthening of the country’s social infrastructure under the Economic Development Plan (2012-22) and industrial strategy plan would lead to a surge in the installation of building automation systems in Jordan. However, the market is projected to decline during 2020 due to the global pandemic COVID-19, which has impacted the economy. Although, the market is expected to register positive growth during 2021-2026.

Based on control technology, wireless control technology accounted for a leading share of market demand owing to the growing demand for building automation systems; especially security and access control systems in the retrofit segment.

The Jordan Building Automation market report thoroughly covers the market by products, control technology, applications, and regions. The Jordan Building Automation market outlook report provides an unbiased and detailed analysis of the on-going Jordan 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.

The building automation market in Jordan is expected to witness potential growth in the coming timeframe due to the rising tourism sector. Where private owners are leading to invest in the development of hospitality infrastructure tends to include tall buildings. The emerging hospitality sector in the country is expected to support major sales revenues in the market.  building automation installation focuses on the intelligent functioning of the building by allowing a remote operating system in the hotel room and ensure better accommodation. This growth driving factor is expected to impact positively and would benefit the Jordan building automation Market in the coming years.

Jordan building Automation market is anticipated to register sound revenues in the forthcoming years backed by the energy efficiency concept in the country. On the basis of the end-users residential sector is estimated to increase revenues in the market owing to rising electricity coat concerns has led to instigate the building automation system installation. Not only the residential but commercial sector is also estimated to adopt building automation systems to save energy and cost as well and is estimated to benefit the growth of the Jordan building automation market in the upcoming six years.

Top companies playing a major role in shaping the market landscape are Robert Bosch GmbH, General Electric, Legrand Group, and LG Electronics Inc.

Key Highlights of the Report:

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

Markets Covered

The Jordan 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):