Control Room Solutions Market Projected to Reach $86.3 Billion by 2030, Driven by Honeywell, Siemens, Schneider Electric, Johnson Controls, and ABB | Intellectia.AI
Control Room Solutions Market Projected to Reach $86.3 Billion by 2030, Driven by Honeywell, Siemens, Schneider Electric, Johnson Controls, and ABB
Written by Emily J. Thompson, Senior Investment Analyst
Market Growth: The Global Control Room Solutions Market is projected to grow from USD 51.20 billion in 2024 to USD 86.34 billion by 2030, driven by demand for operational efficiency and real-time data analysis, with a CAGR of 9.10%.
Technological Advancements: Key drivers include advancements in AI, IoT, and big data analytics, which enhance control room capabilities by providing better situational awareness and predictive insights.
Challenges: High initial capital expenditures for advanced hardware and software pose significant barriers to market growth, particularly for smaller enterprises with limited budgets.
Trends: There is a notable shift towards cloud-based control room solutions, offering flexibility and scalability while reducing the need for substantial upfront investments in hardware.
Wall Street analysts forecast JCI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JCI is 128.78 USD with a low forecast of 119.00 USD and a high forecast of 142.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast JCI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JCI is 128.78 USD with a low forecast of 119.00 USD and a high forecast of 142.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 115.490
Low
119.00
Averages
128.78
High
142.00
Current: 115.490
Low
119.00
Averages
128.78
High
142.00
Melius Research
Scott Davis
Hold
to
Buy
upgrade
$148
2026-01-07
Reason
Melius Research
Scott Davis
Price Target
$148
AI Analysis
2026-01-07
upgrade
Hold
to
Buy
Reason
Melius Research analyst Scott Davis upgraded Johnson Controls to Buy from Hold with a $148 price target.
Melius Research
Scott Davis
Hold
to
Buy
upgrade
$490
2026-01-07
Reason
Melius Research
Scott Davis
Price Target
$490
2026-01-07
upgrade
Hold
to
Buy
Reason
As previously reported, Melius Research analyst Scott Davis upgraded Trane (TT) to Buy from Hold with a $490 price target, with the catalyst in part being yesterday's correction following comments from Nvidia (NVDA) at CES around future cooling architectures that will reduce, or potentially eliminate, the need for chillers. While the firm does not expect this "smart" evolution to be as negative for cooling suppliers as the stock reactions would suggest, the drivers of the current applied HVAC "supercycle" are "far broader than just data center," contends the analyst, who also upgraded Johnson Controls (JCI) to Buy on the same rationale.
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Melius Research
Hold
to
Buy
upgrade
$148
2026-01-07
Reason
Melius Research
Price Target
$148
2026-01-07
upgrade
Hold
to
Buy
Reason
As previously reported, Melius Research upgraded Johnson Controls (JCI) to Buy from Hold with a $148 price target with the catalyst in part being yesterday's correction following comments from Nvidia (NVDA) at CES around future cooling architectures that will reduce, or potentially eliminate, the need for chillers. While the firm does not expect this "smart" evolution to be as negative for cooling suppliers as the stock reactions would suggest, the drivers of the current applied HVAC "supercycle" are "far broader than just data center," contends the analyst, who also upgraded Trane (TT) to Buy on the same rationale.
Barclays
Equal Weight
maintain
$119 -> $125
2026-01-07
Reason
Barclays
Price Target
$119 -> $125
2026-01-07
maintain
Equal Weight
Reason
Barclays raised the firm's price target on Johnson Controls to $125 from $119 and keeps an Equal Weight rating on the shares. The firm adjusted price targets in the multi-industry group as part of its Q4 outlook. It sees a "firmer" demand outlook amid artificial intelligence order strength.
About JCI
Johnson Controls International plc specializes in smart buildings. The Company's segments include Americas, EMEA and APAC. The Company is engaged in engineering, manufacturing, commissioning and retrofitting building products and systems, including commercial heating, ventilating, air-conditioning (HVAC) equipment, industrial refrigeration systems, controls, security systems, fire-detection systems and fire-suppression solutions. The Company also serves customers by providing technical services, including maintenance, management, repair, retrofit and replacement of equipment (in the HVAC, industrial refrigeration, controls, security and fire-protection space) and energy-management consulting. The Company serves various industries, including healthcare, schools, data centers, airports, stadiums and manufacturing. The Company's OpenBlue digital software platform enables enterprises to better manage their physical spaces by combining its building products and services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.