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TechNavio Publishes New Report on the Global Commercial Building Automation MarketLONDON --(Business Wire)-- TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Commercial Building Automation Market 2014-2018. A building automation system controls and monitors different types of mechanical and electrical equipment like ventilation, lighting, power systems, fire systems and security systems. The Global Commercial Building Automation Market is expected to grow at a CAGR of 4.33 percent by 2018. About the Report The latest report by TechNavio focuses on the growing need for improved safety systems, which allow enterprises to avoid unwanted activities and offer a better working environment to their employees. The report also highlights the increasing adoption of wireless commercial building automation systems aimed at enhancing enterprise productivity and reducing their overall operational cost. "Many commercial buildings are multistory, and wireless automation systems are more suitable for such buildings, as compared to wired systems. These systems require less maintenance and offer various advantages like reduced labor cost, flexible sensor placement and lower maintenance cost over time," says Faisal Ghaus, Vice Presidnt of TechNavio. Key Information Covered in the Report:
TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the automation market: If you are interested in more information, please contact our media team at [email protected].
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