Middle East & Africa Building Automation System Market

Historic Data: 2021-2022   |   Base Year: 2023   |   Forecast Period: 2024-2031

Analysis - by Component [Hardware (Security & Surveillance System, Facility Management Systems, Fire Protection Systems, and Others) and Software & Services] and End User (Commercial, Industrial, and Residential)

No. of Pages: 143
Report Code: BMIRE00031116
Category: Electronics and Semiconductor
Middle East & Africa Building Automation System Market
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The Middle East & Africa building automation system market was valued at US$ 7,268.73 million in 2023 and is expected to reach US$ 14,047.20 million by 2031; it is estimated to register a CAGR of 8.6% from 2023 to 2031.

Consumer IoT, IP-based Devices, SaaS, and Other Technological Developments Bolster Middle East & Africa Building Automation System Market

 

IoT, machine intelligence, and new networking capabilities play important roles in advancing building automation systems. Advanced fault detection and diagnostics, energy analytics, and grid integration are crucial aspects as building owners and facility managers prioritize increased energy efficiency and cost savings. The demand for consumer IoT-based devices, such as smart alarms, home appliances, security systems, and thermostats, is increasing worldwide. These devices will also help building owners and occupants gain extensive data on temperature, humidity, and indoor air quality, as well as greater control over indoor settings, particularly in HVAC systems in commercial buildings. In addition, the integration of IP-based devices to the building network in modern building automation systems (BAS) can provide increased scalability without the need to connect more fiber or Cat6 cables or reprogram individual devices to free up IP address ranges. Further, integrating IP-based devices in BAS can help eliminate operational challenges such as expensive reprogramming, incompatibility of devices and automation systems, and the time-intensive process of laying cables.

 

The growing adoption of cloud-hosted BAS is raising the demand for software-as-a-service (SaaS) solutions. This shift to SaaS-based solutions reduces operating expenses because building owners no longer need to maintain expensive software or manage application-specific programmers. With SaaS-based solutions, the owner can easily forecast their monthly operating budget without having to commit to a long-term service agreement. Simple integration of new building equipment, feature deployment, and cloud-hosted automatic upgrades are achieved through the cloud-hosted, SaaS-based BAS platform. SaaS-based BAS solutions also provide contractors with remote access and control, so they do not have to visit the site. Thus, the growing adoption of advanced technologies such as consumer IoT, IP-based devices, and SaaS is expected to facilitate the expansion of the building automation system market during the forecast period.

 

Middle East & Africa Building Automation System Market Overview

 

Johnson Controls, a prominent global advocate for smart, health-conscious, and environmentally friendly buildings, introduced newly appointed Vice President and General Manager for the Middle East & Africa (MEA). This appointment underscores the company's enduring dedication to delivering top-tier digital solutions through its OpenBlue platform, as well as its HVAC equipment, fire and security systems, controls, and services. The timing and strategic significance of this appointment are remarkable, aligning with the company's ongoing efforts to lead in innovation and technology, aiding governments, businesses, and other institutions in achieving their sustainability objectives while drawing on a legacy of over 135 years in building systems expertise. This appointment underlines the importance of building an automation system in the region.

 

Middle East & Africa Building Automation System Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa Building Automation System Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa Building Automation System Market Segmentation

 

The Middle East & Africa building automation system market is categorized into component, end user, and country.

 

Based on component, the Middle East & Africa building automation system market is bifurcated into hardware and software & services. The hardware segment held a larger market share in 2023. Furthermore, the hardware segment is sub segmented into security & surveillance system, facility management systems, fire protection systems, and others.

 

In terms of end user, the Middle East & Africa building automation system market is segmented into commercial, industrial, and residential. The commercial segment held the largest market share in 2023.

 

By country, the Middle East & Africa building automation system market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa building automation system market share in 2023.

 

ABB Ltd; Mitsubishi Electric Corp; Bosch Sicherheitssysteme GmbH; Honeywell international Inc; Schneider Electric SE; Siemens AG; Johnson Controls International Plc; Carrier Global Corp; Lutron Electronics Co., Inc; and Trane Technologies Plc, are among the leading companies operating in the Middle East & Africa building automation system market.  

Middle East & Africa Building Automation System Market Strategic Insights

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Middle East & Africa Building Automation System Market Segmentation Analysis

Middle East & Africa Building Automation System Market Report Highlights

Middle East & Africa Building Automation System Report Scope

Report Attribute Details
Market size in 2023 US$ 7,268.73 Million
Market Size by 2031 US$ 14,047.20 Million
CAGR (2023 - 2031) 8.6%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Component
  • Hardware
  • Software & Services
By End User
  • Commercial
  • Industrial
  • Residential
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB Ltd
  • Mitsubishi Electric Corp
  • Bosch Sicherheitssysteme GmbH
  • Honeywell international Inc
  • Schneider Electric SE
  • Siemens AG
  • Johnson Controls International Plc
  • Carrier Global Corp
  • Lutron Electronics Co., Inc
  • Trane Technologies Plc
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Middle East & Africa Building Automation System Market Country and Regional Insights

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The List of Companies - Middle East & Africa Building Automation System Market

  • ABB Ltd
  • Mitsubishi Electric Corp
  • Bosch Sicherheitssysteme GmbH
  • Honeywell international Inc
  • Schneider Electric SE
  • Siemens AG
  • Johnson Controls International Plc
  • Carrier Global Corp
  • Lutron Electronics Co., Inc
  • Trane Technologies Plc
Frequently Asked Questions
How big is the Middle East & Africa Building Automation System Market?

The Middle East & Africa Building Automation System Market is valued at US$ 7,268.73 Million in 2023, it is projected to reach US$ 14,047.20 Million by 2031.

What is the CAGR for Middle East & Africa Building Automation System Market by (2023 - 2031)?

As per our report Middle East & Africa Building Automation System Market, the market size is valued at US$ 7,268.73 Million in 2023, projecting it to reach US$ 14,047.20 Million by 2031. This translates to a CAGR of approximately 8.6% during the forecast period.

What segments are covered in this report?

The Middle East & Africa Building Automation System Market report typically cover these key segments-

  • Component (Hardware, Software & Services)
  • End User (Commercial, Industrial, Residential)

What is the historic period, base year, and forecast period taken for Middle East & Africa Building Automation System Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Building Automation System Market report:

  • Historic Period : 2021-2022
  • Base Year : 2023
  • Forecast Period : 2024-2031
  • Who are the major players in Middle East & Africa Building Automation System Market?

    The Middle East & Africa Building Automation System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • ABB Ltd
  • Mitsubishi Electric Corp
  • Bosch Sicherheitssysteme GmbH
  • Honeywell international Inc
  • Schneider Electric SE
  • Siemens AG
  • Johnson Controls International Plc
  • Carrier Global Corp
  • Lutron Electronics Co., Inc
  • Trane Technologies Plc
  • Who should buy this report?

    The Middle East & Africa Building Automation System Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Building Automation System Market value chain can benefit from the information contained in a comprehensive market report.

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