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Gcc Building Automation And Control Systems Market
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Gcc Building Automation And Control Systems Market

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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 Market

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 Market Size

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

  • 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

  • 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

  1. Research Framework
    1. Research Objective
    2. Product Type Overview
    3. Market Segmentation
  2. Executive Summary
  3.  GCC Building Automation and Control Systems (BACS) Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising Demand for Energy-Efficient Solutions
        2. Increasing Requirement for Process Automation
        3. Rising Need for Wireless Control System
      2. Restraints
        1. High Installation Costs
        2.  Scarcity of Qualified Specialists
      3. Opportunities
        1. Government Initiatives and Regulations
        2. Growth and Expansion of Hospitality and Tourism Sector
      4. Challenges
        1. Challenging integration with legacy systems
        2. Lack of awareness and education
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. GCC Building Automation and Control Systems (BACS) Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share and Forecast
      1. By Product Type
        1. HVAC Control Systems
        2. Lighting Control Systems
        3. Security and Access Control Systems
        4. Others
      2. By End Use
        1. Residential
        2. Commercial
        3. Industrial
      3. By Country
        1. Bahrain
        2. Kuwait
        3. Oman
        4. Qatar
        5. Saudi Arabia
        6. United Arab Emirates
  5. Bahrain Building Automation and Control Systems (BACS) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By End Use
      3. By End User
      4. By Technique
  6. Kuwait Building Automation and Control Systems (BACS) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By End Use
  7. Oman Building Automation and Control Systems (BACS) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By End Use
  8. Qatar Building Automation and Control Systems (BACS) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By End Use
  9. Saudi Arabia Building Automation and Control Systems (BACS) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By End Use
  10. United Arab Emirates Building Automation and Control Systems (BACS) Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Product Type
      2. By End Use
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. GCC Building Automation and Control Systems (BACS) Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  12. Impact of Covid-19 on GCC Building Automation and Control Systems (BACS) Market
  13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Siemens AG
    2. Honeywell International Inc.
    3. Johnson Controls
    4. Schneider Electric
    5. ABB
    6. Trane Technologies
    7. Delta Controls
    8. Innotech Control Systems
    9. Carel Industries
    10. KMC Controls
    11. Tridium
    12. Other Prominent Players
  14. Key Strategic Recommendations
  15. Research Methodology
    1.    Qualitative Research
      1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Region
    5.    Assumptions & Limitations

*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

No data available
No data available

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Frequently Asked Questions (FAQs):

Ans: Saudi Arabia is expected to grow at the fastest rate in GCC Building Automation and Control Systems (BACS) Market during the forecast period between 2023 and 2029.
Ans: GCC Building Automation and Control Systems (BACS) market size was estimated at USD 2.29 billion in 2022.
Ans: Major factors driving the growth of GCC Building Automation and Control Systems (BACS) Market include rising demand for energy-efficient solutions and an increasing requirements for process automation.
Ans: Key players in 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, and Tridium.
Ans: The commercial segment held the highest market share in the GCC Building Automation and Control Systems (BACS) Market by end use.