Middle East Building Automation Market will reach US$ 16.62 billion by 2032, up from US$ 6.68 billion in 2023, with a CAGR of 10.65% between 2024 and 2032. Government initiatives for smart cities, rising urbanization rates, and an enlarged focus on energy efficiency are driving factors in the Middle East Building Automation Market. IoT and AI advancements enhance building management systems, and the growing need for automated and sustainable solutions in the residential and commercial sectors drives growth even more. Furthermore, the increased focus on comfort and security in building environments encourages the purchase of sophisticated automation systems.
The Middle East Building Automation Market is seeing expansion due to a number of factors, including the growing demand for smart infrastructure brought about by fast urbanization and population growth. Investment in automation technologies is bolstered by government programs that support sustainability and the creation of smart cities. Automated system adoption is encouraged in businesses and homes by growing awareness of cost and energy savings. Furthermore, building management skills are enhanced by developments in cloud computing, AI, and IoT. Adoption of advanced building automation solutions in the residential and commercial sectors is further propelled by the increased emphasis on safety and comfort as well as regulatory compliance.
As stated in the UAE government's Dubai Industrial Strategy 2030 and Abu Dhabi Economic Vision 2030, the goal is to double the industrial manufacturing sector's GDP contribution to 25%. The goal of the government's Operation 300 billion plan is to grow the industrial sector and strengthen its contribution to boosting the UAE's economy. By 2031, it wants to raise the industrial sector's GDP contribution to AED 300 billion (about USD 82 billion). Furthermore, Operation 300 billion is greatly facilitated by the Emirates Development Bank (EDB). The bank has set aside AED 30 billion over the course of five years to help priority industrial sectors under the strategy. It is anticipated that these expenditures will increase the need for automated material handling in the industrial sector. These programs encourage cooperation between the public and commercial sectors, which stimulates market expansion and innovation. The Middle East's future urban environments will be shaped by the increasing need for advanced building automation systems brought about by governments' quest for modernization and better infrastructure.
Furthermore, the Internet of Things (IoT) and artificial intelligence (AI) provide improved lighting, HVAC, and security management, enhancing operational effectiveness and occupant comfort. Additionally, the UAE's dedication to green building guidelines and environmental restrictions creates an atmosphere that is conducive to the adoption of automation. Owing to these factors, the market is expected to increase significantly and will support the nation's goal of encouraging creative and sustainable urban life.
June 2023- In order to produce hardware for energy efficiency and sustainability, including sophisticated Altivar Process Modular (APM) Drives, Schneider Electric established a new production line in Riyadh. The company claims that the new manufacturing facility has the newest robotics and automation technology.
April 2023- The kingdom's newest industrial zone, King Salman Energy Park (SPARK), is home to Honeywell's eighth advanced regional production center in the nation. The company states that engineering, manufacturing, and assembly lines encompassing its industrial control and automation systems would be housed in the new facility.
2. Security and Access Controls
3. Fire Protection Systems
4. Building Energy Management Software
5. BAS Services
6. Others
2. Residential
3. Commercial
2. Software
2. United Arab Emirates
3. Qatar
4. Kuwait
5. Bahrain
6. Oman
7. Turkey
8. Others
2. Honeywell International Inc.
3. LG Electronics
4. Hitachi, Ltd.
5. Schneider Electric
6. Electrolux
7. Samsung
8. Haier Inc.
Middle East Building Automation Industry Outlooks
The term "building automation" describes the centralized management of a structure's vital functions, including security, lighting, HVAC, and other systems. These systems increase operating efficiency, optimize energy consumption, and improve comfort through the use of sensors, controllers, and software. Real-time monitoring and administration are made possible by building automation, which also makes regular chores automated and permits remote access. Through lower energy use and expenses and improved comfort and safety for residents, this technology promotes sustainable habits. Capabilities are further improved through integration with the Internet of Things (IoT), enabling predictive maintenance and more intelligent decision-making. Thus, in modern architecture, building automation systems are becoming more and more essential, particularly in commercial settings and smart city efforts.The Middle East Building Automation Market is seeing expansion due to a number of factors, including the growing demand for smart infrastructure brought about by fast urbanization and population growth. Investment in automation technologies is bolstered by government programs that support sustainability and the creation of smart cities. Automated system adoption is encouraged in businesses and homes by growing awareness of cost and energy savings. Furthermore, building management skills are enhanced by developments in cloud computing, AI, and IoT. Adoption of advanced building automation solutions in the residential and commercial sectors is further propelled by the increased emphasis on safety and comfort as well as regulatory compliance.
Driving Forces of Middle East Building Automation Market
Urbanization
Due to the rapid development of smart infrastructure brought about by population increase, urbanization is a major growth driver for the Middle East Building Automation Market. The region's major cities are growing significantly, and in order to handle the growing urban population, effective building management systems are required. In both residential and commercial buildings, these technologies maximize energy utilization, improve occupant comfort, and boost overall operational efficiency. The need for automated systems that integrate several building operations, such lighting, HVAC, and security, is growing as metropolitan environments change. This trend encourages investment in building automation technologies throughout the region by supporting government initiatives for smart city projects and supporting sustainability aims.Government initiatives boosts the industry growth
The Middle East Building Automation industry is significantly driven by government initiatives because many of the region's nations place a high priority on sustainable development and the creation of smart cities. Advanced building automation technology investments are encouraged by national policies that support environmental sustainability and energy efficiency.As stated in the UAE government's Dubai Industrial Strategy 2030 and Abu Dhabi Economic Vision 2030, the goal is to double the industrial manufacturing sector's GDP contribution to 25%. The goal of the government's Operation 300 billion plan is to grow the industrial sector and strengthen its contribution to boosting the UAE's economy. By 2031, it wants to raise the industrial sector's GDP contribution to AED 300 billion (about USD 82 billion). Furthermore, Operation 300 billion is greatly facilitated by the Emirates Development Bank (EDB). The bank has set aside AED 30 billion over the course of five years to help priority industrial sectors under the strategy. It is anticipated that these expenditures will increase the need for automated material handling in the industrial sector. These programs encourage cooperation between the public and commercial sectors, which stimulates market expansion and innovation. The Middle East's future urban environments will be shaped by the increasing need for advanced building automation systems brought about by governments' quest for modernization and better infrastructure.
Saudi Arabia Building Automation Market
Building automation in Saudi Arabia is expanding rapidly, propelled by government programs, a strong emphasis on sustainability, and the country's fast urbanization. The goal of Vision 2030 is to modernize the country's infrastructure by encouraging the creation of smart cities that use cutting-edge automation technologies. Market expansion is further fueled by the growing need for cost-cutting and energy efficiency in both the residential and commercial sectors. Building management systems are improved by technological developments in IoT, AI, and cloud computing, which enable real-time monitoring and efficient operations. Furthermore, expenditures in automation solutions are increased due to the increased focus on safety and security systems. In the upcoming years, the building automation industry is expected to increase significantly as the nation attempts to modernize its urban landscape.United Arab Emirates Building Automation Market
Government initiatives aimed at developing smart cities and widespread urbanization are fueling the building automation market's rapid expansion in the United Arab Emirates. Initiatives like Vision 2030 in Abu Dhabi and Dubai's Smart City program place a strong emphasis on advanced technological integration and sustainability. Building automation system investment is being driven by the growing need for energy-efficient solutions in the commercial, residential, and hospitality sectors. For instance, With regard to electricity generation, the United Arab Emirates plans to add about 21 GW of capacity, of which 26.1% will come from solar power. It is probable that these infrastructure advancements will offer industrial controls and factory automation solutions.Furthermore, the Internet of Things (IoT) and artificial intelligence (AI) provide improved lighting, HVAC, and security management, enhancing operational effectiveness and occupant comfort. Additionally, the UAE's dedication to green building guidelines and environmental restrictions creates an atmosphere that is conducive to the adoption of automation. Owing to these factors, the market is expected to increase significantly and will support the nation's goal of encouraging creative and sustainable urban life.
Middle East Building Automation Company Analysis
The key players in Middle East building automation industry are Siemens AG, Honeywell International Inc., LG Electronics, Hitachi, Ltd., Schneider Electric, Electrolux, Samsung and Haier Inc.Middle East Building Automation Company News
Sep 2023- The innovative OpenBlue Service-Ensuring Security Device Performance was introduced by Johnson Controls with the goal of optimizing security system investments and improving building safety. By integrating Johnson Controls' OpenBlue suite, this service makes it possible to manage and control security equipment made by different manufacturers. Offering a comprehensive solution to enhance the functionality and security of building settings, it consists of integrated zero-trust cybersecurity protection system, remote support services, and expert engineering insights.June 2023- In order to produce hardware for energy efficiency and sustainability, including sophisticated Altivar Process Modular (APM) Drives, Schneider Electric established a new production line in Riyadh. The company claims that the new manufacturing facility has the newest robotics and automation technology.
April 2023- The kingdom's newest industrial zone, King Salman Energy Park (SPARK), is home to Honeywell's eighth advanced regional production center in the nation. The company states that engineering, manufacturing, and assembly lines encompassing its industrial control and automation systems would be housed in the new facility.
System Type- Market breakup in 6 viewpoints:
1. Facilities Management Systems2. Security and Access Controls
3. Fire Protection Systems
4. Building Energy Management Software
5. BAS Services
6. Others
Application- Market breakup in 3 viewpoints:
1. Industrial2. Residential
3. Commercial
Components- Market breakup in 2 viewpoints:
1. Hardware2. Software
Countries- Market breakup in 8 viewpoints:
1. Saudi Arabia2. United Arab Emirates
3. Qatar
4. Kuwait
5. Bahrain
6. Oman
7. Turkey
8. Others
All the key players have been covered from 5 Viewpoints:
- Business Overview
- Key Persons
- Product Portfolio
- Recent Development & Strategies
- Financial Insights
Key Players Analysis:
1. Siemens AG2. Honeywell International Inc.
3. LG Electronics
4. Hitachi, Ltd.
5. Schneider Electric
6. Electrolux
7. Samsung
8. Haier Inc.
Table of Contents
1. Introduction2. Research Methodology3. Executive Summary5. Middle East Building Automation Market
4. Market Dynamics
6. Market Share Analysis
7. System Type
8. Application
9. Components
10. Countries
11. Porter’s Five Forces Analysis
12. SWOT Analysis
13. Key Players Analysis
Companies Mentioned
- Siemens AG
- Honeywell International Inc.
- LG Electronics
- Hitachi, Ltd.
- Schneider Electric
- Electrolux
- Samsung
- Haier Inc.
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 75 |
| Published | November 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 6.68 Billion |
| Forecasted Market Value ( USD | $ 16.62 Billion |
| Compound Annual Growth Rate | 10.6% |
| Regions Covered | Middle East |
| No. of Companies Mentioned | 8 |
