The global building automation and controls market is estimated to grow at a healthy CAGR from 2013 till 2018 and to reach close to $50 billion by the end of these years. Currently, HVAC controls contribute to more than 33% of the global building automation and controls market. However, the security & access controls are estimated to contribute the highest by the end of 2018. The factors such as evolving technologies and market dynamics that are affecting each type of controls. Dimming systems and sensors are expected to grow at high rate in the lighting controls market for the next decade.
Porter's analysis in detail, market dynamics of each control product and their respective markets has been explained. Detailed segmentation of building automation market by application with a focus on markets of high growth and emerging technologies. Detailed market dynamics i.e. drivers, restraints and opportunities, for the major control products along with winning imperatives. Detailed competitive landscape with identication of the key players and market share analysis with market rankings. Complete value chain, allied industry segments & value chain analysis of the global building automation industry and their impacts on the market. Though the concept of building automation has been in existence for a long time and has witnessed profound growth in the last few years there is huge demand for HVAC, security and access controls. Growing awareness of wireless technologies and the developments towards the integration of wired and wireless will propel the market in the future.
HASP are a replacement for your standard home or office switch panels to control, manage and monitor electric supply to your electric devices like lights, fans, air conditioning, or devices plugged into any plug sockets. The HASP switch panel supports interfacing additional sensors based on availability like gas leak detectors, smoke detectors, fire alarm systems, etc. All data and actions are over the cloud or a defined network.
In addition to HASP, based on the same concept, devices cover the entire building/s and premises to monitor and control various parameters as a part of building management system required for emergencies, power optimization, power backup, surveillance and security, while monitoring and controlling electrical equipment like HVAC, lighting, etc.