[ad_1]
Dublin, Feb. 09, 2022 (GLOBE NEWSWIRE) — The “Vietnam Building Automation Systems (BAS) Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering.
The BAS market in Vietnam grew by 11.1% in 2021. This comes after a huge decline in market revenues due to the COVID-19 pandemic in 2020.
The market is expected to have a double-digit compound annual growth rate from 2021 to 2027 and reach $11.4 million in 2027. Market expansion will be driven by heightened awareness for energy efficiency in buildings and the need to cater to the operation of buildings in the wake of the pandemic.
Key growth opportunities in the Vietnam BAS market include automation solutions for contact-less building operation, AI-powered and cloud-controlled solutions for automated buildings, and a focus on health and wellness solutions for increased occupant productivity. Major players in the market include Siemens Building Technologies, Johnson Controls, Honeywell, and…
Full story available on Benzinga.com
[ad_2]
Source link
