Gcc Building Automation And Control Systems Market
GCC Building Automation and Control Systems (BACS) Market, By Product Type (HVAC Control Systems, Lighting Control Systems, Security & Access Control Systems, Others); By End Use (Residential, Commercial, Industrial); By Region (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: September 2023
- Report ID: BWC23772
- Available Format: PDF
- Page: 200
Report Overview
Spurring demand for energy-efficient solutions and an increasing requirements for process automation are expected to boost the growth of the GCC building automation and control systems (BACS) market during the forecast period between 2023 and 2029.GCC Building Automation and Control Systems (BACS) Market - Industry Trends & Forecast Report, 2029
GCC building automation and control systems (BACS) market size was estimated to be worth USD 2.29 billion in 2022. During the forecast period between 2023 and 2029, the GCC building automation and control systems (BACS) market size is projected to grow at a CAGR of 8.1%, reaching a value of USD 3.95 billion by 2029. Major growth factors for the GCC building automation and control systems (BACS) market include rapid growth in the construction sector of the region along with a rising focus on efficient energy consumption and sustainability.
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
Growth Drivers
Expanding Construction Sector and Rising Focus on Sustainability
The GCC countries are significantly investing in the construction sector for economic diversification and reducing their dependence on oil. To diversify their economies and lessen their reliance on oil, the GCC nations are making considerable investments in the building industry. They have several ongoing construction projects, including those involving residential & commercial structures, hotel & industrial developments, infrastructure for the distribution of energy & water, and transportation. These projects also aimed at improving the tourism sector of the countries. Along with infrastructure development, countries are also focused on attaining higher energy efficiency, which is anticipated to boost the overall GCC building automation and control systems (BACS) market during the forecast period.
Restraints
High Initial Investment and Installation Cost of BACS
According to Saavi Home, a home automation service provider based in the United States, building automation expenses for new construction typically vary from 3% to 7%. Therefore, the cost of home automation for a USD 1,000,000 property will range from USD 30,000 to USD 70,000. Depending on the quality of the equipment, the quantity will also vary greatly. And even though the long-term energy savings is comparatively higher than the investment, the initial investment involved demotivates the end users from adopting building automation and control systems, which limits its market growth.
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.
GCC Building Automation and Control Systems (BACS) Market
Segmental Coverage
GCC Building Automation and Control Systems (BACS) Market – By Product Type
Based on product type, the GCC building automation and control systems (BACS) market is segregated into HVAC control systems, lighting control systems, security and access control systems, and others. The HVAC control systems segment holds the highest share in the GCC building automation and control systems (BACS) market. The integration of automation in HVAC systems offers higher energy efficiency and eventually leads to lower energy costs and a lower carbon footprint. The building automation system depends on sensors and timers installed throughout the structure. These gather information on the amount of energy utilized throughout the building.
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 market share in 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.
GCC Building Automation and Control Systems (BACS) Market – By Country
The GCC building automation and control systems (BACS) market covers a number of country-specific markets across the following major regions: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. Saudi Arabia dominates the GCC building automation and control systems market. The Kingdom is leading the region in terms of investments in the construction industry, with major construction projects under its belt, such as the Jeddah Waterfront Project. Other major projects such as Qiddiya and Riyadh Metro are also projected to influence the building automation and control systems (BACS) market growth in Saudi Arabia during the forecast period.
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.
Recent Developments
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In January 2023 - ABB, a multinational automation company based in Switzerland, launched its smart building management system for the Middle East region at the Dubai Expo.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period– 2023–2029 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE |
Product/ Service Segmentation |
Product Type, End Use, Region |
Key Players |
Siemens AG, Honeywell International Inc., Johnson Controls, Schneider Electric, ABB, Trane Technologies, Delta Controls, Innotech Control Systems, Carel Industries, KMC Controls, Tridium |
By Product Type
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HVAC Control Systems
-
Lighting Control Systems
-
Security and Access Control Systems
-
Others
By End Use
-
Residential
-
Commercial
-
Industrial
By Region
-
Bahrain
-
Kuwait
-
Oman
-
Qatar
-
Saudi Arabia
-
United Arab Emirates
- Research Framework
- Research Objective
- Product Type Overview
- Market Segmentation
- Executive Summary
- GCC Building Automation and Control Systems (BACS) Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Demand for Energy-Efficient Solutions
- Increasing Requirement for Process Automation
- Rising Need for Wireless Control System
- Restraints
- High Installation Costs
- Scarcity of Qualified Specialists
- Opportunities
- Government Initiatives and Regulations
- Growth and Expansion of Hospitality and Tourism Sector
- Challenges
- Challenging integration with legacy systems
- Lack of awareness and education
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- GCC Building Automation and Control Systems (BACS) Market Overview
- Market Size & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share and Forecast
- By Product Type
- HVAC Control Systems
- Lighting Control Systems
- Security and Access Control Systems
- Others
- By End Use
- Residential
- Commercial
- Industrial
- By Country
- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
- By Product Type
- Market Size & Forecast, 2019–2029
- Bahrain Building Automation and Control Systems (BACS) Market
- Market Size & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Product Type
- By End Use
- By End User
- By Technique
- Market Size & Forecast, 2019–2029
- Kuwait Building Automation and Control Systems (BACS) Market
- Market Size & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Product Type
- By End Use
- Market Size & Forecast, 2019–2029
- Oman Building Automation and Control Systems (BACS) Market
- Market Size & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Product Type
- By End Use
- Market Size & Forecast, 2019–2029
- Qatar Building Automation and Control Systems (BACS) Market
- Market Size & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Product Type
- By End Use
- Market Size & Forecast, 2019–2029
- Saudi Arabia Building Automation and Control Systems (BACS) Market
- Market Size & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Product Type
- By End Use
- Market Size & Forecast, 2019–2029
- United Arab Emirates Building Automation and Control Systems (BACS) Market
- Market Size & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Product Type
- By End Use
- Market Size & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- GCC Building Automation and Control Systems (BACS) Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on GCC Building Automation and Control Systems (BACS) Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Siemens AG
- Honeywell International Inc.
- Johnson Controls
- Schneider Electric
- ABB
- Trane Technologies
- Delta Controls
- Innotech Control Systems
- Carel Industries
- KMC Controls
- Tridium
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*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
Market Segmentation
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