At what growth rate will the market be projected to grow during the forecast period of 2021 to 2028?

The Building Automation System Market growth at a rate of 15.5% CAGR during the forecast period of 2021 to 2028 Read More

What is the application segment?

Global Building Automation System Market segmented By Application such as Residential, Commercial, Office Buildings, Retail and Public Assembly Buildings, Hospitals and Healthcare Facilities, Airports and Railway Stations, Industrial. Read More

Who are the major players operating in the market?

The major players covered in the building automation system market report are Siemens, Schneider Electric, Johnson & Johnson Private Limited, Honeywell International Inc., ABB, Carel Industries S.p.A., Carrier., Crestron Electronics, Inc., Larsen & Toubro Limited., etc. Read More

Building Automation System Market Share, Size & Industry Analysis

Q: What are the key opportunities of the market?

This building automation system market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. Read More

Global Building Automation System Market, By System Type (Facility Management Systems (FMS), Fire Protection Systems, Security And Access Control Systems, Energy Management Systems, Building Management Software (BMS), and Others), Technology (Wireless Technologies, and Wired Technologies), Application (Commercial, Residential, and Industrial), Country (U.S., Canada, Mexico, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, Israel, South Africa, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029.

Market Analysis and Insights : Global Building Automation System Market

Global building automation system market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing at a CAGR of 9.7% in the forecast period of 2022 to 2029 and expected to reach USD 160,873,323.76 thousand by 2029. The rising adoption of automated security systems in commercial buildings is expected to drive the market.

The building automation system is the system and application/software used to maintain automation in the building and provide security to the authorized users. It is mostly implemented in large projects with extensive mechanical, HVAC, and electrical systems. It helps to reduce the power consumption in the building. It has disaster management tools and services and helps prevent accidents such as fire accidents. It is distributed control system used to manage electronic devices designed to monitor and control the systems in a building.

The growing popularity of IoT-based building automation systems is projected to drive the global building automation system market. The major restraint that may negatively impact the global building automation system market is the high maintenance cost of building automation systems.

Shifting consumers' preference towards HVAC (heating, ventilation, and air conditioning) control systems is expected to provide an opportunity in the global building automation system market. However, the false notion about high installation costs of building automation systems is projected to challenge the global building automation system market growth.

This global building automation system market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief; our team will help you create a revenue impact solution to achieve your desired goal.

Global Building Automation System Market Scope and Market Size

The global building automation system market is segmented into three notable segments based on system type, technology, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of system type, the global building automation system market is segmented into facility management systems (FMS), fire protection systems, security and access control systems, energy management systems, building management software (BMS), and others. In 2022, the facility management systems (FMS) segment is expected to dominate the global building automation system market as it supports the efficient functionality of buildings, increasing its demand globally.

On the basis of technology, the global building automation system market is segmented into wireless technologies and wired technologies. In 2022, the wireless technologies segment is expected to dominate the global building automation system market as it is easy to expand and set up, increasing its demand globally.

On the basis of application, the global building automation system market is segmented into commercial, industrial, and residential. In 2022, the residential segment is expected to dominate the global building automation system market as it helps reduce the risk of thieves in residency areas, increasing its demand globally.

Global Building Automation System Market Country Level Analysis

The global building automation system market is segmented into three notable segments based on system type, technology, and application.

The countries covered in the global building automation system market report are the U.S., Canada, Mexico, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, Israel, South Africa, Rest of the Middle East and Africa.

Europe is expected to dominate the global building automation system market, as in Germany, the demand for energy-efficient building systems has increased. The U.S. is expected to dominate the North American market due to the increasing usage of building automation systems in the region's residential sector. China is expected to dominate the Asia-Pacific market due to the shifting consumer preference for HVAC control systems which increases the demand for building automation systems in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.

Upsurge in Focus for Designing Energy-Efficient and Eco-Friendly Buildings

Energy conservation through energy efficiency in the building has acquired prime importance worldwide. The main aspects of energy efficiency in a building include energy passive building design before actual construction and low energy building materials during construction. The main focus of green building construction is the integration of renewable energy technologies and the use of efficient equipment with low operational energy requirements.

Energy consumption in buildings and infrastructure increases exponentially, suggesting the need to develop alternatives to save energy and sustainably operate buildings. Energy efficiency can be achieved with insulation, improved building techniques, and modified construction methods for buildings, raising the demand for sustainable automation systems.

Furthermore, the growing awareness of the consumers regarding the energy-efficient building design during any new construction is effective in making a home more efficient. It is also less expensive for a homeowner in the long run. As a result, it increases the demand for building automation systems and thus contributing to the growth of the Asia-Pacific building automation system market.

Competitive Landscape and Global Building Automation System Market Share Analysis

The global building automation system market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus related to the global building automation system market.

Some of the major players covered in the global building automation system market report are Vipond Inc., EnOcean GmbH, Infineon Technologies AG, Intel Corporation, Microchip Technology Inc., Qualcomm Technologies, Inc. Creston Electronics, Tech Automation Inc., Stanley Black & Decker, Inc., Legrand, Siemens, General Electric, BuildingIQ, Honeywell International Inc., Robert Bosch GmbH, Johnson Controls, Securitas AB, Convergint Technologies LLC, Beckhoff Automation, Ingersoll Rand, Chubb Fire & Security, Snap One, LLC, Schneider Electric, Hitachi, Ltd., Hubbell, G4S Limited, Lutron Electronics Co., Inc, PALADIN SECURITY, ACUITY BRANDS LIGHTING, INC., ADT, Emerson Electric Co., PHOENIX CONTACT, ABB, Mitsubishi Electric Corporation, BuildingLogiX, Delta Controls, Viking Controls, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

For instance,

In January 2022, Johnson Controls acquired FogHorn, the leading developer of Edge AI software for industrial and commercial Internet of Things (IoT) solutions. This will help the company to expand its business and accelerate its innovation and vision for smart autonomous buildings

In January 2022, Honeywell International Inc. participated in Intersec 2022 in Dubai with an array of Building Technologies, including Fire & Safety, Healthy Buildings, and Cybersecurity. This has helped the company to attract important global experts and influencers

SKU-13401

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Global Building Automation System Market – Industry Trends and Forecast to 2029

Market Analysis and Insights : Global Building Automation System Market

Global Building Automation System Market Scope and Market Size

Global Building Automation System Market Country Level Analysis

Upsurge in Focus for Designing Energy-Efficient and Eco-Friendly Buildings

Competitive Landscape and Global Building Automation System Market Share Analysis

Please fill in the below form for Infographics

Research Methodology:

Please fill in the below form for Research Methodology

Customization Available:

Please fill in the below form for Available Customization

Frequently Asked Questions

At what growth rate will the market be projected to grow during the forecast period of 2021 to 2028?

What is the application segment?

What are the key opportunities of the market?

Who are the major players operating in the market?

Browse Related Reports

Browse Related Blogs

Browse Related Press Release

FOLLOW US ON

REPORTS

MARKET INSIGHT

SUPPORT

SOLUTIONS