Albany, NY -- (SBWIRE) -- 09/01/2018 -- A collective share of 39.1% permitted three players in the global commercial building automation market to take lead in the year 2015. Siemens AG, ABB Ltd., and United Technologies Corp, each enjoyed vital tactical advantage in the global market for commercial building automation in 2015 through numerous avenues such as mergers and acquisitions, tapping the unexplored markets of emerging economies in the world, and launching enhanced products.

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The chief factor responsible for driving the overall growth of the global commercial building automation market as well as the business expansion of players in it is the constant boom in the construction sector itself. Improvements in the economy across the globe are creating a wider scope of demand for different construction projects in residential as well as industrial sectors. This is more evident in the emerging economies of the Middle East and Africa region as compared to others. These regions are acting as a strong base for commercial building automation and thus are expected to significantly drive the overall growth of the market.

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The swift development of the construction sector is presently the primary reason for causing high demand for more efficient projects that will use less volumes of materials along with having a comparatively lower requirement for power. In addition to this, the increasing concern over the rapidly decreasing stockpiles of fuel and growing environmental pollution have enforced numerous governments to impose stringent policies regarding the efficient use of resources. This is expected to directly impact the overall development of the global commercial building automation market in the near future.