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, Australia Building Automation Market size is anticipated to register growth during 2020-26. The Australia market is projected to decline during 2020 owing to the economic slowdown in the country due to global pandemic COVID-19. The global pandemic has led to the shutdown of the Chinese economy during the first quarter of 2020; China accounts for more than 50 percent of the total exports from Australia. Although, the market is expected to recover by 2021, owing to the growing foreign investment in the country.
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