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, Brazil Building Automation Market size is anticipated to register growth during 2020-26. The Brazil market is expected to register a decline in demand during 2020, due to the global pandemic COVID-19, which has affected the economic growth in the country. Moreover, a fall in business investment by over 2.5% would lead to a further decline in the economy. However, the expected increase in the foreign direct investment in the country during 2021-2026, especially in the commercial sector would lead to a surge in the deployment of building automation systems in the country.
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