PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1359073
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1359073
GCC Building Automation and Control Systems Market, By Product Type ; By End Use ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
GCC Building Automation and Control Systems (BACS) Market Size Set to Touch USD 3.95 Billion by 2029.
GCC building automation and control systems (BACS) market is gaining traction because of the rising demand for energy-efficient solutions and increasing requirements for process automation.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the GCC building automation and control systems (BACS) market size at USD 2.29 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the GCC building automation and control systems (BACS) market size to grow at a CAGR of 8.1% reaching a value of USD 3.95 billion by 2029. Rapid increase in the region's construction industry as well as growing emphasis on sustainability and efficient energy use are key growth factors for the GCC building automation and control systems (BACS) market.
GCC Building Automation and Control Systems (BACS) Market - Overview:
Building automation and control systems (BACS) refer to a networked system of integrated technologies and devices designed to manage and control various building systems and operations. It encompasses the automation and monitoring of crucial functions, such as heating, ventilation, air conditioning (HVAC), lighting, security, and other building services. BACS utilizes sensors, actuators, controllers, and communication protocols to gather data, make intelligent decisions, and optimize energy usage, comfort, and operational efficiency. By centralizing control and providing real-time feedback, BACS enables streamlined management, enhanced occupant comfort, and reduced energy consumption, contributing to sustainable and cost-effective building operations.
GCC Building Automation and Control Systems (BACS) Market:
Segmental Information:
GCC Building Automation and Control Systems (BACS) Market - By End Use:
Based on end use, the GCC building automation and control systems (BACS) market is segmented into residential, commercial, and industrial. The commercial segment accounts for the highest share of the market by end use. The rising construction of commercial facilities, including office buildings, hotels, shopping complexes, and others, to promote the tourism sector is significantly contributing to the rising demand for building automation and control systems (BACS) among the GCC countries.
Impact of COVID-19 on GCC Building Automation and Control Systems (BACS) Market:
The sudden breakout of the COVID-19 pandemic disrupted the growth of the GCC building automation and control systems (BACS) market. Construction industry activities were suspended as a result of the lockdown and social distance rules that were put in place to stop the virus from spreading, which had a detrimental effect on the market demand for building automation and control systems. However, the market has gained significant traction in the contactless environment. Building owners and managers gave high priority to integrating touchless technology that lowers the danger of virus transmission, such as automated entry systems, contactless access controls, and voice-activated devices.
Competitive Landscape:
Major players operating in the GCC building automation and control systems (BACS) market include Siemens AG, Honeywell International Inc., Johnson Controls, Schneider Electric, ABB, Trane Technologies, Delta Controls, Innotech Control Systems, Carel Industries, KMC Controls, Tridium
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the GCC Building Automation and Control Systems (BACS) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the GCC Building Automation and Control Systems (BACS) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Type Overview
- 1.3. Market Segmentation
2. Executive Summary
3. GCC Building Automation and Control Systems (BACS) Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Demand for Energy-Efficient Solutions
- 3.2.1.2. Increasing Requirement for Process Automation
- 3.2.1.3. Rising Need for Wireless Control System
- 3.2.2. Restraints
- 3.2.2.1. High Installation Costs
- 3.2.2.2. Scarcity of Qualified Specialists
- 3.2.3. Opportunities
- 3.2.3.1. Government Initiatives and Regulations
- 3.2.3.2. Growth and Expansion of Hospitality and Tourism Sector
- 3.2.4. Challenges
- 3.2.4.1. Challenging integration with legacy systems
- 3.2.4.2. Lack of awareness and education
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. GCC Building Automation and Control Systems (BACS) Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share and Forecast
- 4.2.1. By Product Type
- 4.2.1.1. HVAC Control Systems
- 4.2.1.2. Lighting Control Systems
- 4.2.1.3. Security and Access Control Systems
- 4.2.1.4. Others
- 4.2.2. By End Use
- 4.2.2.1. Residential
- 4.2.2.2. Commercial
- 4.2.2.3. Industrial
- 4.2.3. By Country
- 4.2.3.1. Bahrain
- 4.2.3.2. Kuwait
- 4.2.3.3. Oman
- 4.2.3.4. Qatar
- 4.2.3.5. Saudi Arabia
- 4.2.3.6. United Arab Emirates
- 4.2.1. By Product Type
5. Bahrain Building Automation and Control Systems (BACS) Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Product Type
- 5.2.2. By End Use
- 5.2.3. By End User
- 5.2.4. By Technique
6. Kuwait Building Automation and Control Systems (BACS) Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By End Use
7. Oman Building Automation and Control Systems (BACS) Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By End Use
8. Qatar Building Automation and Control Systems (BACS) Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By End Use
9. Saudi Arabia Building Automation and Control Systems (BACS) Market
- 9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By End Use
10. United Arab Emirates Building Automation and Control Systems (BACS) Market
- 10.1. Market Size & Forecast, 2019-2029
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By End Use
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. GCC Building Automation and Control Systems (BACS) Market Share Analysis, 2022
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of Covid-19 on GCC Building Automation and Control Systems (BACS) Market
13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 13.1. Siemens AG
- 13.2. Honeywell International Inc.
- 13.3. Johnson Controls
- 13.4. Schneider Electric
- 13.5. ABB
- 13.6. Trane Technologies
- 13.7. Delta Controls
- 13.8. Innotech Control Systems
- 13.9. Carel Industries
- 13.10. KMC Controls
- 13.11. Tridium
- 13.12. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Region
- 15.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 GCC Building Automation and Control Systems (BACS) Market Segmentation
- Figure 2 GCC Building Automation and Control Systems (BACS) Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 GCC Building Automation and Control Systems (BACS) Market Size, By Value (USD Billion), 2019-2029
- Figure 5 GCC Building Automation and Control Systems (BACS) Market Share, By Product Type, By Value, 2019-2029
- Figure 6 GCC Building Automation and Control Systems (BACS) Market Share, By End Use, By Value, 2019-2029
- Figure 7 GCC Building Automation and Control Systems (BACS) Market Share, By Country, By Value, 2019-2029
- Figure 8 Bahrain Building Automation and Control Systems (BACS) Market Size, By Value (USD Billion), 2019-2029
- Figure 9 Bahrain Building Automation and Control Systems (BACS) Market Share, By Product Type, By Value, 2019-2029
- Figure 10 Bahrain Building Automation and Control Systems (BACS) Market Share, By End Use, By Value, 2019-2029
- Figure 11 Kuwait Building Automation and Control Systems (BACS) Market Size, By Value (USD Billion), 2019-2029
- Figure 12 Kuwait Building Automation and Control Systems (BACS) Market Share, By Product Type, By Value, 2019-2029
- Figure 13 Kuwait Building Automation and Control Systems (BACS) Market Share, By End Use, By Value, 2019-2029
- Figure 14 Oman Building Automation and Control Systems (BACS) Market Size, By Value (USD Billion), 2019-2029
- Figure 15 Oman Building Automation and Control Systems (BACS) Market Share, By Product Type, By Value, 2019-2029
- Figure 16 Oman Building Automation and Control Systems (BACS) Market Share, By End Use, By Value, 2019-2029
- Figure 17 Qatar Building Automation and Control Systems (BACS) Market Size, By Value (USD Billion), 2019-2029
- Figure 18 Qatar Building Automation and Control Systems (BACS) Market Share, By Product Type, By Value, 2019-2029
- Figure 19 Qatar Building Automation and Control Systems (BACS) Market Share, By End Use, By Value, 2019-2029
- Figure 20 Saudi Arabia Building Automation and Control Systems (BACS) Market Size, By Value (USD Billion), 2019-2029
- Figure 21 Saudi Arabia Building Automation and Control Systems (BACS) Market Share, By Product Type, By Value, 2019-2029
- Figure 22 Saudi Arabia Building Automation and Control Systems (BACS) Market Share, By End Use, By Value, 2019-2029
- Figure 23 United Arab Emirates Building Automation and Control Systems (BACS) Market Size, By Value (USD Billion), 2019-2029
- Figure 24 United Arab Emirates Building Automation and Control Systems (BACS) Market Share, By Product Type, By Value, 2019-2029
- Figure 25 United Arab Emirates Building Automation and Control Systems (BACS) Market Share, By End Use, By Value, 2019-2029
List of Tables
- Table 1 GCC Building Automation and Control Systems (BACS) Market Size, By Product Type, By Value, 2019-2029
- Table 2 GCC Building Automation and Control Systems (BACS) Market Size, By End Use, By Value, 2019-2029
- Table 3 GCC Building Automation and Control Systems (BACS) Market Size, By Country, By Value, 2019-2029
- Table 4 Bahrain Building Automation and Control Systems (BACS) Market Size, By Product Type, By Value, 2019-2029
- Table 5 Bahrain Building Automation and Control Systems (BACS) Market Size, By End Use, By Value, 2019-2029
- Table 6 Kuwait Building Automation and Control Systems (BACS) Market Size, By Product Type, By Value, 2019-2029
- Table 7 Kuwait Building Automation and Control Systems (BACS) Market Size, By End Use, By Value, 2019-2029
- Table 8 Oman Building Automation and Control Systems (BACS) Market Size, By Product Type, By Value, 2019-2029
- Table 9 Oman Building Automation and Control Systems (BACS) Market Size, By End Use, By Value, 2019-2029
- Table 10 Qatar Building Automation and Control Systems (BACS) Market Size, By Product Type, By Value, 2019-2029
- Table 11 Qatar Building Automation and Control Systems (BACS) Market Size, By End Use, By Value, 2019-2029
- Table 12 Saudi Arabia Building Automation and Control Systems (BACS) Market Size, By Product Type, By Value, 2019-2029
- Table 13 Saudi Arabia Building Automation and Control Systems (BACS) Market Size, By End Use, By Value, 2019-2029
- Table 14 United Arab Emirates Building Automation and Control Systems (BACS) Market Size, By Value (USD Billion), 2019-2029
- Table 15 United Arab Emirates Building Automation and Control Systems (BACS) Market Share, By Product Type, By Value, 2019-2029
- Table 16 United Arab Emirates Building Automation and Control Systems (BACS) Market Share, By End Use, By Value, 2019-2029
- Table 17 Siemens AG Company Overview
- Table 18 Siemens AG Financial Overview
- Table 19 Honeywell International Inc. Company Overview
- Table 20 Honeywell International Inc. Financial Overview
- Table 21 Johnson Controls Company Overview
- Table 22 Johnson Controls Financial Overview
- Table 23 Schneider Electric Company Overview
- Table 24 Schneider Electric Financial Overview
- Table 25 ABB Company Overview
- Table 26 ABB Financial Overview
- Table 27 Trane Technologies: Company Overview
- Table 28 Trane Technologies: Financial Overview
- Table 29 Delta Controls Company Overview
- Table 30 Delta Controls Financial Overview
- Table 31 Innotech Control Systems Company Overview
- Table 32 Innotech Control Systems Financial Overview
- Table 33 Carel Industries Company Overview
- Table 34 Carel Industries Financial Overview
- Table 35 KMC Controls Company Overview
- Table 36 KMC Controls Financial Overview
- Table 37 Tridium Company Overview
- Table 38 Tridium Financial Overview
