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NEW YORK, Dec. 15, 2024 /PRNewswire/ -- The global building automation and control systems market size is estimated to grow by USD 31.12 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 8.71% during the forecast period. For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report Report Attribute Details Base Year 2023 Forecast period 2024-2028 Historic Data for 2018 - 2022 Segments Covered End-user (Commercial buildings, Residential buildings, Government buildings, and Other buildings), Type (Integration and Services), and Geography (Europe, North America, APAC, Middle East and Africa, and South America) Regions Covered Europe, North America, APAC, Middle East and Africa, and South America Region Outlook 1. Europe - North America is estimated to contribute 30%. To the growth of the global market. The Building Automation And Control Systems Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. The Building Automation and Control Systems Market encompasses sensors, detectors, relays, and smart electronics that optimize energy consumption and operating costs in various structures such as office buildings, shopping centers, public transportation hubs, airports, and train stations. Core competencies include HVAC Control, Lighting Control, and Security Access Control. The industry verticals of Residential and Hospitality sectors also benefit from these systems, contributing to energy efficiency and interconnected systems in urbanization. Material types, including semiconductor chips, are essential components in the construction sector, enabling remote monitoring, energy management systems, and smart appliances. The Technology growth is driven by international energy agencies' focus on energy efficiency and the integration of real estate assets. Urbanization and the need for smart buildings have accelerated the demand for these systems, with interconnected systems and international energy management systems playing a significant role in reducing energy consumption and monitoring in various applications. The Building Automation and Control Systems market continues to grow due to increasing demand for energy efficiency and cost savings in commercial and industrial buildings. These systems enable automatic control of HVAC, lighting, and security, improving comfort and reducing energy consumption. Market leaders include Honeywell, Siemens, and Johnson Controls, offering innovative solutions to meet evolving customer needs. The market is expected to expand further with the integration of IoT and AI technologies. For more insights on Europe's significant contribution along with the market share of rest of the regions and countries - Download a FREE Sample Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! Research Analysis The Building Automation and Control Systems (BACS) market is experiencing significant growth due to the increasing focus on energy efficiency and sustainability in both commercial and residential buildings. With the rising energy consumption and operating costs, integrated systems that manage HVAC, lighting, safety, and security are becoming essential for real estate assets. The market is driven by the adoption of electronic devices and software, as well as the integration of hardware components such as sensors and actuators. Technology advancements, including 5G technology and energy-efficient buildings, are key factors fueling market growth. Core competencies of BACS include HVAC Control, Lighting Control, and Security Access Control. Material types and industry verticals, such as residential and hospitality, are also important considerations. Safety systems, air conditioning, and lighting are critical components of BACS, with energy efficiency and building sustainability being key priorities. De-carbonization is also a significant trend, as the industry seeks to reduce greenhouse gas emissions and promote a more sustainable future. Overall, the BACS market is poised for continued growth as the demand for energy-efficient and intelligent building solutions increases. Market Overview Building Automation and Control Systems (BACS) market is witnessing significant growth due to the increasing focus on energy consumption and operating costs reduction in various industry verticals. Technology growth in integrated systems, real estate assets, and urbanization is driving the demand for energy efficiency and interconnected systems. The International Energy Agency reports that energy consumption in buildings accounts for nearly 40% of global energy usage. Semiconductor chips and smart appliances are integral components of BACS, enabling remote monitoring and energy management systems. The construction sector is adopting BACS for safety systems, HVAC systems, and lighting control in energy-efficient buildings. The commercial and industrial segments are investing in BACS for facility management, access management, and condition-based maintenance of electrical appliances. The green building concept and carbon-neutral goals are further boosting the market growth. However, cyberattacks and malware attacks pose a significant threat to the operations of BACS. The manufacturing companies are focusing on real-time monitoring, 5G technology, and supply chain disruptions to mitigate risks and seize business opportunities. The market offers significant potential for growth in various construction activities, including office buildings, shopping centers, public transportation hubs, airports, and train stations. The core competencies of BACS include HVAC Control, Lighting Control, and Security Access Control. The material type and industry vertical, such as Residential, Hospitality, and others, also influence the market dynamics. Safety, comfort, and security are the primary concerns for building automation and control systems in various industry verticals. Start exploring market insights by Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: SOURCE Technavio MENAFN15122024003732001241ID1108995557 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Article content This edition of the Hidden Game is dedicated to Josh Anderson . Say what you will about fighting in hockey and the frontier justice mentality that exists, but the Canadiens’ veteran forward wasted little time Saturday afternoon at Madison Square Garden settling a five-week-old score. And credit Anderson for taking the law into his own hands; someone had to. Before the game was two minutes old, Anderson put a beating on Rangers’ captain Jacob Trouba, landing right hands, repeatedly, on the New York defenceman. They briefly separated and Anderson, 6-foot-3 and 226 pounds, pounded the crap a second time out of Trouba, no Caspar Milquetoast at 6-foot-3 and 212 pounds. In World Wrestling Entertainment, they would have called this two out of three falls. Trouba, you’ll remember, delivered a clean — albeit vicious — hit on Canadiens’ defenceman Justin Barron when the teams met at the Bell Centre on Oct. 22. Barron suffered an apparent concussion on the play, although that was never confirmed by the organization, and defenceman Mike Matheson subsequently fought Trouba that night. The teams will meet a third time Jan. 19 in Montreal Canadiens fans might want to circle that date, given the hate these two clubs seem to have for each other. Canadiens right wing Josh Anderson fights New York Rangers defenceman Jacob Trouba in the first period of game Saturday, Nov. 30, 2024, in New York. Photo by Adam Hunger / THE ASSOCIATED PRESS News you need (Part I): The Rangers ended a five-game losing streak — their longest in four seasons — with Saturday’s 4-3 victory. Montreal, idle since Wednesday, should have taken better advantage of a team that played in Philadelphia Friday afternoon. It was New York’s first set of back-to-back contests this season. Last season in the second game, the Rangers’ record was 11-1-0. News you need (Part II) : When New York’s Artemi Panarin opened the scoring nine minutes into the game, it was the Rangers’ first power-play goal in nine games, dating back to Nov. 12, against Winnipeg. News you need (Part III): The Rangers continue to beat the Canadiens like a rented mule. New York is 5-0-1 in its last six against Montreal and 9-2-1 dating back to February 2020. News you need (Part IV): The win was the 1,700th in Rangers history on home ice. News you need (Part V): New York has won 13 games this season and has allowed two or fewer goals in all but two of those victories. Another Cy Young candidate: Rangers forward Chris Kreider, who returned to the lineup after missing three games with back spasms, has a 9-0 stats line — the differential between goals and assists. The 33-year-old, who has been with the team since 2012-13, has been the subject of trade speculation. Another $400 stick down the drain: Panarin was at the point in the game’s seventh minute when his stick shattered. Some penalties are good: Kreider would have had a good scoring opportunity off a rebound one minute later — until he was held by Emil Heineman . Some penalties are not: Kreider was guilty of holding Kaiden Guhle in the offensive zone nearly 13 minutes into the game. He doesn’t score much, but ...: Credit Christian Dvorak for his screen on goaltender Jonathan Quick, allowing Matheson to snap the puck past him at 11:47 of the opening period. Late goals are killers: The Canadiens played a decent first period — until Vincent Trocheck scored New York’s second goal with 3.1 seconds remaining in the period. Until they’re not: Montreal came out quickly in the second period, generating three shots in the opening two minutes. NHL officiating at its best (Part I): Kreider blatantly interfered with Anderson early in the period. Nonetheless, no penalty was assessed. Dumb penalty: Seconds later, Sam Carrick was called for unsportsmanlike conduct, with Arber Xhekaj — of all players — unwilling to drop the gloves. This one would have been a mismatch, considering Carrick is four inches shorter and outweighed by 38 pounds. Swedish sandwich : Late in the middle frame, Trouba and Trocheck delivered a one-two punch on Heineman. NHL officiating at its best (Part II): It certainly looked like a routine check to us. Nonetheless, Anderson was penalized for roughing against Ryan Lindgren in the second period. Mika Zibanejad scored on the ensuing power play — his first goal in six games. News you need (Part VI): Cole Caufield is on pace for 50 goals after scoring his 14th from a tight angle at 4:16 of the third period. Hit of the game: Brett Berard, playing only his fourth game this season, left favouring his right shoulder after being crunched against the boards by Kirby Dach in the third period. Pass of the game: Lane Hutson to Nick Suzuki on the Canadiens’ third goal, with six minutes remaining in regulation time. Karma is a bitch: It might have been an unfortunate break, but players must control their sticks. The struggling Dach, with one goal this season, took a double minor for high-sticking Zibanejad at 17:20 of the third period. With 23.3 seconds remaining, Kaapo Kakko scored the winning goal. Next time, decline the penalty: Montreal went 0-for-3 with the man advantage. Braden Schneider of the New York Rangers checks Jake Evans of the Montreal Canadiens during the first period at Madison Square Garden on Saturday, Nov. 30, 2024 in New York City. Photo by Bruce Bennett / Getty Images Quick stats: Matheson had four shots, was a plus-3 and logged a team-high 26:07 of ice time. Dach also had four shots. Samuel Montembeault faced 28 shots for a save percentage of .857. They said it: “I loved everything about our game, but I’m not going to talk about the refs,” Canadiens head coach Martin St. Louis told reporters in New York following the contest. “I thought we deserved better, obviously,” Suzuki told the media in New York. “I thought we played better than them. It’s a tough way to end the game like that, giving up a goal that late.” “I thought we answered how we had to in the third period,” Alex Newhook said in New York. “It would have been nice to get one more. We had enough looks to get one more.” hzurkowsky@postmedia.com x.com/HerbZurkowsky1
The Rise of Digital Economies in Gaming: How Innovative Tools Are Shaping Player Experiences and Market Dynamics3 US Army soldiers arrested on human smuggling charges along the border with MexicoHailee Steinfeld has been a Gen-Z icon since Pitch Perfect 2 , but the actress and singer has been working since her teens. After booking her role as the headstrong and determined Mattie in True Grit , Hailee rose to fame and branched out in other parts of the entertainment industry. As a result of her hard work — and grit — Hailee’s net worth steadily rose. And now that she’s engaged to fiancé Josh Allen , fans are curious how the actress and the athlete’s earnings compare. However, none of that matters to the engaged duo; they’re simply looking forward to starting the next chapter of their lives. Before finding love with Josh, Hailee spoke to PEOPLE in 2023 about the kind of future relationship she preferred. The publication noted that she was single at the time of her interview. “I ultimately want someone who supports me, and who I can support and cheer on and be their biggest fan,” Hailee said. “I’ve been lucky enough to spend so much time with my family recently, and I have so many shining examples of what it should feel like to be with someone that makes you a better you and happy. I’m not really looking, so I don’t have a list of things. But I think the right person comes along when they do, and I imagine that’s the greatest thing ever.” Calling love an “exciting thought” to her, the Hawkeye alum also pointed out that she felt “confident in who [she is] than ever” before and was happy building her career. Find out where Hailee’s net worth stands in 2024, below. How Does Hailee Steinfeld Make Money? Hailee earns money through her film acting work as well as her music career. She has starred in numerous film and TV roles, with some of her most popular ones being True Grit, the Pitch Perfect series, Hawkeye and Spider-Man: Across the Spider-Verse . As for her singing career, Hailee released several iconic songs, including “Starving” and “Most Girls.” Some of her music has been streamed over a billion times. What Is Hailee Seinfeld’s Net Worth in 2024? Hailee has a net worth of $22 million as of November 2024, according to Celebrity Net Worth . What Is Josh Allen’s Net Worth in 2024? As of November 2024, Josh has a net worth of $70 million, with a salary of $40 million, per Celebrity Net Worth . According to multiple outlets , the NFL star was offered a contract extension worth more than $250 million in 2021. How Is Net Worth Determined? A celebrity’s net worth is determined by calculating the value of their assets and subtracting what they owe, according to Bankrate. A person’s assets can include a home, a vehicle, stocks, bonds and other owned expenses.
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