Markets Forecast By Products (HVAC Control, Lighting Control, Security & Access Control, Energy Management System, Fire Protection System), By Technology (Wired Technology (Digital Addressable Lighting Interface, KNX, Lonworks, Building Automation & Control Networks, Modbus), Wireless Technology (Zigbee, Enocean, Z-Wave, Wi-Fi, Bluetooth, Thread, Infrared, Modbus)), By Applications (Residential, Commercial, Industrial) and competitive landscape
Product Code: ETC002942 | Publication Date: Jun 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Saudi Arabia Building Automation System Market report comprehensively covers the Saudi Arabia Building automation System Market by-products, technology, and applications. Saudi Arabia Building automation System Market outlook report provides an unbiased and detailed analysis of the building automation system market on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Saudi Arabia Building Automation System Market Synopsis
Saudi Arabia Building Automation System Market would grow at a significant rate over the coming years on account of the growing trend of the smart buildings across the country. The Saudi Arabia building automation system market witnessed a decline in the recent past as the country experienced huge slump in oil prices, however, the aforementioned market is anticipated to grow substantially over the forecast period on the back of diversifying the economy of the country from oil sector to the non-oil sector that has been boosted by the favourable government policies such as Saudi Vision 2030. Additionally, Saudi Arabia National Development and Logistic Program is expected to attract huge number of investments of around USD 500 billion by 2030 in manufacturing, logistics, transportation, and commercial sectors, thereby driving the demand for building automation system market in the coming years. However, the spread of coronavirus would act as a restraint to the growth of building automation system market in Saudi Arabia for the year 2020 due to the overall economic slowdown that would affect the investments made in the infrastructural development projects in the country. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.
According to 6Wresearch, Saudi Arabia Building Automation System Market size is projected to grow at CAGR of 5.0% during 2020-2026. With the introduction of commercial 5G network by Rain, data-only network provider, and expansion of Wi-Fi initiatives by Google and BRCK in the country, the corporate sector would be having a major revenue share in the Building Automation System market and is expected to show strong growth in future due to availability of better video quality and fast internet services. Further, to avoid high expenditure on overseas air travel and hotel accommodation for health-related purposes due to weak and ailing Rand, the healthcare sector is anticipated to exhibit a substantial growth in the Building Automation System market during the forecast period.
Market Analysis by Product Types
Based on the product types, HVAC control systems has garnered the maximum market revenue shares in the overall market revenues in 2019 and is expected to maintain the same over the coming years. Saudi Arabia is characterized by its extreme climatic conditions; hence HVAC systems are in continuous usage all-year-round throughout the country. Furthermore, rising demand for smarter heating and cooling in the buildings under the aegis of strict government regulations to opt for energy-efficient solutions would propel the demand for HVAC control over the coming years.
Market Analysis by Applications
Based on applications, the commercial sector is the leading market revenue-generating application in the building automation system market in Saudi Arabia in 2019 owing to the rising number of infrastructural development projects such as GCC railway project, Red Sea project, Neom project and several such across the country underpinned by initiatives such as National Transformation Program 2020. Moreover, the rising adoption of LEED accredited buildings with a vision to promote sustainable development would impel the growth of the building automation system market in the commercial sector over the forecast period.
Key Attractiveness of the Report
Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
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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. Saudi Arabia Building Automation System Market Overview |
3.1. Saudi Arabia Country Indicators |
3.2. Saudi Arabia Building Automation System Market Revenues, 2016-2026F |
3.3. Saudi Arabia Building Automation System Market Revenue Share, By Products, 2019 & 2026F |
3.4. Saudi Arabia Building Automation System Market Revenue Share, By Technology, 2019 & 2026F |
3.5. Saudi Arabia Building Automation System Market Revenue Share, By Applications, 2019 & 2026F |
3.6. Saudi Arabia Building Automation System Market - Industry Life Cycle |
3.7. Saudi Arabia Building Automation System Market - Porter’s Five Forces |
4. Saudi Arabia Building Automation System Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Saudi Arabia Building Automation System Market Trends |
6. Saudi Arabia Building Automation System Market Overview, By Products |
6.1 Saudi Arabia Building Automation System Market Revenues, By Products, 2016-2026F |
6.1.1 Saudi Arabia HVAC Control System Market Revenues, 2016-2026F |
6.1.2 Saudi Arabia Lighting Control System Market Revenues, 2016-2026F |
6.1.3 Saudi Arabia Security & Access Control System Market Revenues, 2016-2026F |
6.1.4 Saudi Arabia Energy Automation System Market Revenues, 2016-2026F |
6.1.5 Saudi Arabia Fire Protection System Market Revenues, 2016-2026F |
7. Saudi Arabia Building Automation System Market Overview, By Technology |
7.1 Saudi Arabia Building Automation System Market Revenues, By Technology, 2016-2026F |
7.1.1 Saudi Arabia Building Automation System Market Revenues, By Wired Technology, 2016-2026F |
7.1.1.1 Saudi Arabia Wired Building Automation System Market Revenue Shares, By Types, 2019 & 2026F |
7.1.1.2 Saudi Arabia Wired Building Automation System Market Revenues, By Types, 2016-2026F |
7.1.2 Saudi Arabia Building Automation System Market Revenues, By Wireless Technology, 2016-2026F |
7.1.2.1 Saudi Arabia Wireless Building Automation System Market Revenue Shares, By Types, 2019 & 2026F |
7.1.2.2 Saudi Arabia Wireless Building Automation System Market Revenues, By Types, 2016-2026F |
8. Saudi Arabia Building Automation System Market Overview, By Applications |
8.1 Saudi Arabia Building Automation System Market Revenues, By Applications, 2016-2026F |
8.1.1 Saudi Arabia Building Automation System Market Revenues, By Residential, 2016-2026F |
8.1.2 Saudi Arabia Building Automation System Market Revenues, By Commercial, 2016-2026F |
8.1.3 Saudi Arabia Building Automation System Market Revenues, By Industrial, 2016-2026F |
9. Saudi Arabia Building Automation System Market - Key Performance Indicators |
10. Saudi Arabia Building Automation System Market - Opportunity Assessment |
10.1. Saudi Arabia Building Automation System Market Opportunity Assessment, By Products, 2026F |
10.2. Saudi Arabia Building Automation System Market Opportunity Assessment, By Technology, 2026F |
10.3. Saudi Arabia Building Automation System Market Opportunity Assessment, By Applications, 2026F |
11. Saudi Arabia Building Automation System Market Competitive Landscape |
11.1. Saudi Arabia Building Automation System Market Revenue Share, By Companies, 2019 |
11.2. Saudi Arabia Building Automation System Market Competitive Benchmarking, By Operating & Technical Parameters |
12. Company Profiles |
12.1 Siemens AG |
12.2 General Electric |
12.3 Honeywell International Inc. |
12.4 Schneider Electric SE |
12.5 Johnson Controls International PLC |
12.6 Robert Bosch GmbH |
12.7 Legrand Group |
12.8 Delta Controls Inc. |
12.9 ABB Ltd. |
12.10 LG Electronics, Inc. |
13. Key Recommendations |
14. Disclaimer |