Saudi Arabia Building Automation and Control Market Analysis, 2020
By Type (HVAC Control, Lighting Control, Security and Access Control, Others), By Controlled Technology (Wired, Wireless), By End User (government, Commercial Offices, Residential,...... Retail, Healthcare, Industrial, Hospitality, Others) By Region (West, East, South, Central), By Company Read more
- ICT & Electronics
- Dec 2019
- Pages 115
- Report Format: PDF, Excel, PPT
The revival of crude oil prices in 2017 positively impacted the overall growth of the construction sector. Therefore, several new construction projects are being introduced in the country which would actively deploy building automation services. Moreover, the growing support of the government to diversify the economy from the oil sector has boosted infrastructure development in the country. Therefore, these developments are anticipated to provide new opportunities to the companies providing building automation systems in the country.
According to MarkNtel Advisors’ research report titled “Saudi Arabia Building Automation and Control Market Analysis, 2020”, the Building Automation and Control market is projected to register a CAGR of around 10% during 2020-25. The security and access control system acquired a considerable market share in the Saudi Arabia Building Automation and Control market in 2019. The increasing IT spending, rise in the infrastructure projects, expansion of banking and financial institutions, hospitality sector, and healthcare is projected to strongly contribute to the demand for security and access control systems in these domains in the forthcoming period.
Moreover, the residential and healthcare sector captured a significant market share in the Saudi Arabia Building Automation and Control market in 2019. The surging foreign investments in the country are projected to result in the establishment of new buildings in the country thereby providing more opportunities to the companies providing building automation systems.
According to MarkNtel Advisors, the major players capturing a substantial market share in the Saudi Arabia Building Automation market include Axis Communications, Bosch Security System, Honeywell, Al Salem Johnson Controls, Schindler Olayan, etc. The companies are collaborating to expand their business segments in the country to gain an advantage over its competitors.
Key Questions Answered in the Market Research Report
- What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Saudi Arabia Building Automation and Control market?
- What are the region wise industry size, growth drivers and challenges key market trends?
- What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Saudi Arabia Building Automation and Control market?
- Who are the key competitors or market players and how they perform in Saudi Arabia Building Automation and Control on the basis of competitive benchmarking matrix?
- What are the key results derived from the market surveys conducted during the course of Saudi Arabia Building Automation and Control market study?
Market Outlook, Segmentation and Statistics
- Market Size & Analysis
- Market Revenues
- Market Share & Analysis
- By Type
- HVAC Control
- Lighting Control
- Security & Access Control
- Others
- By Control
- Wired
- Wireless
- By End Users
- Government
- Commercial Offices
- Residential
- Retail
- Healthcare
- Industrial
- Hospitality
- Others
- By Region
- West
- East
- South
- Central
- By Company
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- By Type
- HVAC Control Market Analysis, 2015-2025F
- Lighting Control Market Analysis, 2015-2025F
- Security and Access Control Market Analysis, 2015-2025F
- Saudi Arabia Building Automation Market Dynamics
- Saudi Arabia Building Automation Market Winning Strategies, 2020
- Investment Scenario
- Hotspots
- Saudi Arabia Building Automation Market Porter’s Five Forces Analysis
- Saudi Arabia Building Automation Market Key Success Imperatives for Growth & Success
- Competitive Benchmarking
- Competition Matrix
- Company Profile
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Qatar Elevator & Escalator Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecasted up-to 2025.
Q. What are the units or denomination for measuring market value of Qatar Elevator & Escalator Market?
A. The market size/industry size or the market value is measured in terms of USD Million, while the market volume is measured in terms of units sold.
Q. What would be the growth rate or CAGR of Saudi Arabia Building Automation and Control market during 2020-25?
A. The growth rate of Saudi Arabia Building Automation and Control market during 2020-25 is forecast to be 10%.
Q. Which type of Elevator and Escalator services would grab the highest market share during 2020-25?
A. It is forecast that the elevator segment captured the highest market share in the Saudi Arabia Building Automation and Control market on account of the increasing infrastructure developments in the country.
Q. Which Building Automation and Control type segment would emerge as an opportunity area for players in elevator and escalator?
A. The security and access control system grabbed a considerable market share and continue to grow at a highest CAGR in the Saudi Arabia building automation & control market.
Q. Who are the key competitors or players operating in Saudi Arabia Building Automation and Control market?
A. Axis Communications, Bosch Security System, Honeywell, Al Salem Johnson Controls, Schindler Olayan are few of the leading players in the Saudi Arabia Building Automation and Control market.
Q. Which end user segment would emerge as an opportunity area for players in elevator and escalator?
A. Retail, Residential and Hospitality sector would continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of elevator and escalator across Qatar.
Frequently Asked Questions
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Macroeconomic Analysis,
5. Saudi Arabia Building Automation Market Analysis, 2015-2025F
5.1. Market Size & Analysis
5.1.1. Market Revenues
5.2. Market Share & Analysis
5.2.1. By Type
5.2.1.1. HVAC Control
5.2.1.2. Lighting Control
5.2.1.3. Security & Access Control
5.2.1.4. Others
5.2.2. By Control
5.2.2.1. Wired
5.2.2.2. Wireless
5.2.3. By End Users
5.2.3.1. Government
5.2.3.2. Commercial Offices
5.2.3.3. Residential
5.2.3.4. Retail
5.2.3.5. Healthcare
5.2.3.6. Industrial
5.2.3.7. Hospitality
5.2.3.8. Others
5.2.4. By Region
5.2.4.1. West
5.2.4.2. East
5.2.4.3. South
5.2.4.4. Central
5.2.5. By Company
5.2.5.1. Revenue Shares
5.2.5.2. Strategic Factorial Indexing
5.2.5.3. Competitor Placement in MarkNtel Quadrant
6. HVAC Control Market Analysis, 2015-2025F
6.1. Market Size & Analysis
6.1.1. Market Revenues
6.2. Market Share & Analysis
6.2.1. By Type
6.2.1.1. Sensors
6.2.1.2. Smart Thermostats
6.2.1.3. Control Valves
6.2.1.4. Heating and Cooling Coils
6.2.1.5. Actuators
6.2.1.6. Dampers
6.2.1.7. Others
6.2.2. By End Users
6.2.3. By Region
7. Lighting Control Market Analysis, 2015-2025F
7.1. Market Size & Analysis
7.2. Market Revenues Market Share & Analysis
7.2.1. By Type
7.2.1.1. Occupancy Sensors
7.2.1.2. Relays
7.2.1.3. Daylight Sensors
7.2.1.4. Timers
7.2.1.5. Dimming Actuators
7.2.1.6. Transmitters
7.2.1.7. Receivers
7.2.2. By End Users
7.2.3. By Region
8. Security and Access Control Market Analysis, 2015-2025F
8.1. Market Size & Analysis
8.1.1. Market Revenues
8.2. Market Share & Analysis
8.2.1. By Type
8.2.1.1. Video Surveillance System
8.2.1.2. Biometric Systems and Access Control Systems
8.2.2. By End Users
8.2.3. By Region
9. Saudi Arabia Building Automation Market Trends & Developments
10. Saudi Arabia Building Automation Market Dynamics
10.1.Impact Analysis
10.2.Drivers
10.3.Challenges
11. Saudi Arabia Building Automation Market Winning Strategies, 2020
11.1.Investment Scenario
11.2.Hotspots
12. Saudi Arabia Building Automation Market Attractiveness Index
12.1.By Type
12.2.By Controlled Technology
12.3.By End Users
12.4.By Region
13. Saudi Arabia Building Automation Market Porter’s Five Forces Analysis
14. Saudi Arabia Building Automation Market Key Success Imperatives for Growth & Success
15. Competitive Benchmarking
15.1.Competition Matrix
15.1.1. Product Portfolio
15.1.2. Target Markets
15.1.3. Target End Users
15.1.4. Research & Development
15.1.5. Strategic Alliances
15.2.Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
15.2.1. Axis Communications
15.2.2. Bosch Security System
15.2.3. Honeywell
15.2.4. Al Salem Johnson Controls
15.2.5. Schindler
15.2.6. Carrier Corporation
15.2.7. Siemens Building Technology
15.2.8. Kone
15.2.9. Daikin
15.2.10. Mitsubishi
16. Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
