Wednesday, January 25, 2017

UAE building automation market set for 8pc growth

The UAE's building automation and control systems (BACS) market is projected to register a CAGR (compound annual growth rate) of over eight per cent through 2021, according to a report.

The BACS sector encompasses automatic centralised control of a building’s lighting control solutions,  HVAC (heating, ventilation and air conditioning), energy management systems, security and access control.

These systems are used to reduce, monitor and optimize energy consumption of a building by controlling HVAC and lighting and other systems and to electronically secure buildings.

The UAE growth is mainly due to the growing focus towards infrastructure development and increasing government support coupled with rising adoption of energy efficient devices, said the report by TechSci Research, a leading management consulting firm.

In 2015, the country's BACS market was mainly driven by rising demand from commercial and residential sectors owing to the expanding population base and rising demand for energy efficient systems, stated the research firm in its report, "UAE Building Automation & Control Systems Market, By Product, By Communication Protocol, By Application, By End User, Competition Forecast and Opportunities, 2011 - 2021."

Government policies and regulations pertaining to energy efficiency and reduction in CO2 emissions is further supporting adoption and deployment of building automation and control systems market in the UAE, it stated.

Integrating Internet of Things with building automation and control systems enables users to control devices through smartphones. Installation of BACS systems are known to reduce energy consumption by up to 30 per cent and lower operational costs.

Growth in the country’s BACS market can be attributed to surging economy, growing number of infrastructure projects, increasing disposable income, and rising government efforts to reduce carbon footprint in the country, said a top official.

"Growing investment in hospitality sector and other infrastructure projects such as Dubai metro expansion, airport expansions, and implementation of energy efficiency measures taken by UAE government is driving UAE building automation and control systems market," remarked Karan Chechi, the research director with TechSci Research.

"Further, with growing focus towards CO2 emissions reduction, rising electricity costs and increasing focus towards electronic security is driving demand for building automation and control systems market in the UAE," he noted.

According to him, Dubai led the demand for BACS sector in the country owing to the large number of high-rise buildings and growing tourist footfall in the emirate.

The UAE, in general, witnessed high demand for HVAC control systems and electronic security and safety systems due to growing electricity consumption in the region.

The major BACS players dominating the Emirati market include Siemens, Honeywell, Johnson Controls and Schneider Electric.-TradeArabia News Service



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