South Korea Building Automation System Market to 2032
Overview
The South Korea Building Automation System Market is expected to reach a 6.21 USD Billion by 2032 and is projected to grow at a CAGR of 13.81% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.69
Forecast, 2032 (USD Billion)
6.21
CAGR, 2024 - 2032
13.81%
Report Coverage
South Korea
South Korea Building Automation System Market 2018-2032 USD Billion
South Korea Building Automation System Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.69 USD Billion
- Projected Market Size (2032): 6.21 USD Billion
- CAGR (2025-2032): 13.81%
Key Findings of South Korea Building Automation System Market
- The South Korea Building Automation System Market was valued at 6.21 USD Billion in 2024.
- The South Korea Building Automation System Market is likely to grow at a CAGR of 13.81% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Residential in Application Segment accounted for the largest share of the market with a revenue of 3.40 USD Billion
- The fastest growing segment Facility Management Systems(FMS) in System Type Segment grew Fastest with a CAGR of 14.16% during the forecast period from 2024 to 2032.
South Korea Building Automation System Market Scope
South Korea Building Automation System Market Segmentation & Scope
Application
- Industrial
- Commercial
- Residential
Technology
- Wired Technologies
- Wireless Technologies
System Type
- Others
- Fire Protection Systems
- Building Management Software (BMS)
- Security And Access Control Systems
- Energy Management Systems
- Facility Management Systems(FMS)
South Korea Building Automation System Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.69 USD Billion |
| Market Value in 2032 | 6.21 USD Billion |
| CAGR (2025-2032) | 13.81% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Technology,System Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 2.69 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 2,688.86 USD Million in 2024.
Segments and Scope
-
South Korea Building Automation System Market to 2032, By Application
- Residential is the largest segment in South Korea Building Automation System Market to 2032 with a revenue of 3.40 USD Billion in the year 2024.
- Residential is the Fastest growing segment in South Korea Building Automation System Market to 2032 with a Growth rate of 14.14 % in forecast period 2025-2032.
-
South Korea Building Automation System Market to 2032, By Technology
- Wireless Technologies is the largest segment in South Korea Building Automation System Market to 2032 with a revenue of 1.88 USD Billion in the year 2024.
- Wireless Technologies is the Fastest growing segment in South Korea Building Automation System Market to 2032 with a Growth rate of 13.93 % in forecast period 2025-2032.
-
South Korea Building Automation System Market to 2032, By System Type
- Facility Management Systems(FMS) is the largest segment in South Korea Building Automation System Market to 2032 with a revenue of 1.51 USD Billion in the year 2024.
- Facility Management Systems(FMS) is the Fastest growing segment in South Korea Building Automation System Market to 2032 with a Growth rate of 14.16 % in forecast period 2025-2032.
South Korea Building Automation System Market Company Share Analysis
| Company Name |
|
||
| Johnson Controls | |||
| Legrand | |||
| PHOENIX CONTACT | |||
| Siemens | |||
| Schneider Electric | |||
South Korea Building Automation System Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Building Automation System Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Building Automation System Market is segmented based on Segmentation Application,Technology,System Type.
South Korea Building Automation System Market was valued at USD 2.69(Revenue in USD Billion) in 2022.
South Korea Building Automation System Market is projected to grow at a CAGR of 13.81% during the forecast period of 2024 to 2032.
The Residential segment is expected to dominate the South Korea Building Automation System Market, holding a largest market share of 3.40 USD Billion in 2024
South Korea Building Automation System Market Scope
South Korea Building Automation System Market Segmentation & Scope
Application
- Industrial
- Commercial
- Residential
Technology
- Wired Technologies
- Wireless Technologies
System Type
- Others
- Fire Protection Systems
- Building Management Software (BMS)
- Security And Access Control Systems
- Energy Management Systems
- Facility Management Systems(FMS)
Frequently Asked Questions
The South Korea Building Automation System Market is segmented based on Segmentation Application,Technology,System Type.
South Korea Building Automation System Market was valued at USD 2.69(Revenue in USD Billion) in 2022.
South Korea Building Automation System Market is projected to grow at a CAGR of 13.81% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Building Automation System Market for final year is USD 6.21 (USD Billion).
South Korea Building Automation System Market Company Profiling
Frequently Asked Questions
The South Korea Building Automation System Market is segmented based on Segmentation Application,Technology,System Type.
South Korea Building Automation System Market was valued at USD 2.69(Revenue in USD Billion) in 2022.
South Korea Building Automation System Market is projected to grow at a CAGR of 13.81% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Building Automation System Market for final year is USD 6.21 (USD Billion).
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