Market Forecast By Products(Security And Access Control System, Fire Protection System, Lighting Control System, HVAC Control System, Building Energy Management Services), By Control Technology(Wired, Wireless), By Applications(Residential Buildings, Commercial Buildings, Industrial Buildings) And Competitive Landscape
According to 6Wresearch, Malaysia Building Automation Market size is anticipated to register growth during 2020-26F. The Malaysia building automation market would grow over the forecast period as the Industry 4.0 initiative, coupled with continuous expansion in electrical and electronic equipment manufacturing industries would fuel the demand for building automation system across the country. Additionally, rising government efforts to reduce carbon footprint in the country are thrusting for an immediate need for efficient utilization of energy in Malaysia, thus adding momentum to the building automation system market in Malaysia.
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