Commercial Building Automation Market Upcoming Trends-Transparency Market Research

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Date Submitted: 03/31/2015 03:51 AM

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Growing demand for energy efficient solutions and enhanced security are the major factors driving the commercial building automation market forward. Recovery in construction sector after the economic crisis has had positive impact on the growth of this market. The growth of commercial building automation systems is fueled by energy efficiency requirements applied to retrofit and new commercial building constructions. In addition, increased venture capital funding and adoption of advanced embedded computing, sensing, and communications technologies have collectively fueled market momentum. At present, the market for commercial building automation is in growth phase and is expected to continue this growth over the forecast period. Government regulations promoting green buildings and greater adoption of LED technology offers sound opportunity for the growth of this market. Read more:- http://www.transparencymarketresearch.com/commercial-building-automation.html

The commercial building automation market is segmented on the basis of product type, applications, and geography. The commercial building automation market is segmented on the basis of product types into five major categories, namely- HVAC, lighting management solutions, energy management solutions, security and access control solutions, and BMS (Building Management System). The commercial building automation market is further segmented on the...