Middle East & Africa (MEA) Building Automation System Markets 2020-2026: Products, Technology, Wireless Technology, Applications, Countries, and Competitive Landscape - ResearchAndMarkets.com

b'The "Middle East & Africa (MEA) Building Automation System Market (2020-2026): Markets Forecast, by Products, by Technology, Wireless Technology, by Applications, by Countries, and Competitive Landscape" report has been added to ResearchAndMarkets.com\'s offering.\nMiddle East & Africa (MEA) Building Automation System Marketis projected to grow at a CAGR of 5.4% during 2020-2026.\nThe Middle East & Africa Building Automation System market is expected to gain momentum on account of the surge in the construction activities coupled with the growing awareness about energy efficiency.\nAdditionally, government initiatives such as Qatar National Vision 2030, Saudi Vision 2021, Dubai Vision 2021, South Africa National Development Plan 2030 would give a remarkable thrust to the development of non-oil sectors such as construction, transportation, retail and hospitality sectors which would lead to the growing demand for building automation system market over the forthcoming years in the Middle East & Africa and Africa region.\nThe spread of COVID-19 pandemic would lead to the economic slowdown resulting in the halting of many infrastructural development projects across the countries resulting in the sluggish growth in the building automation system market in the region in the first half of 2020.\nBased on products, the HVAC control system holds a considerable market revenue share and is expected to retain its dominance over the forecast period on account of the stringent government regulations mandating the installation of such systems that would enhance energy conservation.\nOn the basis of applications, the commercial sector is the leading market revenue-generating segment in the building automation system market on account of the increase in the number of infrastructural development projects across Middle East & Africa regions such as Kuwait metro,Neom City, New Administrative Capital of Egypt and several others.\nUAE holds a major market revenue share in the building automation system market in the Middle East & Africa region with the rising focus of the government to ensure sustainable growth of the economy.