Building Automation System Market
PUBLISHED: 2022 ID: SMRC20389
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Building Automation System Market

Building Automation System Market Forecasts to 2028 – Global Analysis By Technology (Wireless Technology, Wired) Offering (Facility Management Systems, Security), Application (Industrial, Laboratory) and By Geography

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4.4 (36 reviews)
Published: 2022 ID: SMRC20389

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2021)

US $64.70 BN

Projected Year Value (2028)

US $132.64 BN

CAGR (2021 - 2028)

10.8%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Building Automation System Market is accounted for $64.70 billion in 2021 and is expected to reach $132.64 billion by 2028 growing at a CAGR of 10.8% during the forecast period. Building Automation System consists of a microprocessor system that is based on a connection of wired or wireless controllers to diverse systems in a building. The main aim of building an automation system is to improve building structural efficiency. It is designed to monitor and control various parameters such as mechanical, heating, ventilation, and air conditioning (HVAC), humidity, ventilation systems, security, fire, and lighting within a building or across several campuses.



Market Dynamics:

Driver:

Rise in adoption of automated security systems in buildings


Building automation systems help in automating the security of a building using video surveillance and biometric systems. A video surveillance system monitors and records the behavior and activities of people. Surveillance systems are deployed at airports, schools, office buildings, and so on. Several governments have made it mandatory to install these systems for the protection of public places and critical infrastructure owing to the growing focus on security issues due to increasing terrorist attacks and criminal activities.

Restraint:

False notion about high installation costs of building automation systems


Building automation systems help in saving energy and reducing operating and maintenance costs. However, end users and building owners hesitate to implement building automation systems due to their false perception that the installation costs of these systems are high. Similarly, they are unaware of the fact that the cost is primarily dependent on the complexity of integration pertaining to a specific application. End users demand affordable building automation systems but fail to realize the extent of the energy savings and the associated benefits of long-term cost savings.

Opportunity:

Favorable government initiatives and incentives


Several governments play a crucial role in energy savings and supporting initiatives toward reducing carbon emissions. Several governments have formulated regulations and policies to improve energy efficiency and reduce a building’s footprint. This is a significant factor encouraging the installation of BAS.

Threat:

Presence of different communication protocols


Communication protocols play a vital role in ensuring the proper integration of various devices and equipment for the smooth functioning of BAS. However, the lack of common open communication protocols may lead to the use of different protocols by these devices.

The industrial segment is expected to have the highest CAGR during the forecast period

The industrial segment is growing at the highest CAGR in the market. Industrial facilities include factories, production plants, distribution facilities, warehouses, and other infrastructures that support manufacturing and production operations. They are expected to adopt smart building solutions to achieve energy and cost savings, enhance their productivity, improve their identity and access management, and optimize their surveillance activities. Manufacturing and industrial buildings have their own set of requirements based on different manufacturing processes and storage applications.

The commercial segment is expected to be the largest during the forecast period

The commercial segment is expected to be the largest share in the market. The surging deployment of building automation systems in large shopping complexes, office buildings, and public transport hubs, such as airports and railway stations, drives the growth of the building automation system market for commercial applications. HVAC controls, lighting controls, and security and access controls are the key systems used in commercial applications. Of these, security and access controls have become an integral part of commercial buildings owing to the rising security concerns across the world.

Region with highest share:

North America is projected to hold the largest share in the market. The region accounted for a major share of the building automation system market. The rising requirement of energy management and the increasing demand for green homes has resulted in the growth of the building automation system market in North America. The market in North America has been studied for the US, Canada, and Mexico. Government organizations in countries of the region work together for efficient and clean production and use of energy.

Region with highest CAGR:

The Asia Pacific is projected to have the highest CAGR in the market. The growth of the building automation system market in APAC can be attributed to the economic growth in the region, along with a surge in construction and industrial activities witnessed by the key countries in APAC. The prime objective of consumers in APAC is to achieve energy savings with the implementation of building automation systems that directly translate to monetary savings. Countries such as China and India have increasingly started developing smart cities.



Key players in the market:

Some of the key players profiled in the Building Automation System Market include ABB Inc., Acuity Brands, AMAG Technology, Autani LLC, Azbil Corporation, Bosch, Cimetrics, Cisco, Control4, Delta Controls, Eaton Corporation, Echelon Corp., General Electric, Honeywell, Ingersoll Rand (Trane), Johnson Controls, and Siemens AG.


Key developments:

In August 2020: Siemens launched Desigo PXC4 for HVAC plants and Desigo PXC5 for the function and integration of HVAC systems. These new generation Desigo building automation controllers help automate small and medium-sized buildings to get the most flexible and scalable building automation.

In August 2020: Johnson Controls acquired the remaining stake in Qolsys Inc., a leading residential and building automation solution and smart home developer. This acquisition is expected to enhance the long-term growth opportunities for broad cloud-enabled IoT fire safety solutions of the company.

In June 2020: Honeywell partnered with SAP SE to improve the performance of buildings in terms of energy efficiency by integrating cloud-based business and operational technology data. This data provides corporate companies, real estate owners, and building operators with aggregate financial and operational intelligence for their portfolios.

In Nov 2019: Johnson Controls acquired Building and Energy Management System’s (BEMS) product line of the Malaysia-based EasyIO. This factor creates significant growth opportunities, as the company is expected to leverage EasyIO’s products and team in the Americas, European, Middle Eastern, an d Asia-Pacific building au tomati on systems markets, as well as the global HVAC, safety, and refrigeration markets.

Technologies Covered:
• Wireless Technology  
• Wired Technology  

Offerings Covered:
• Facility Management Systems   
• Security and Access Controls   
• Fire Protection Systems    
• Building Energy Management Software   
• Building Automation System (BAS) Services  
• Environment Control and Lighting Management

Applications Covered:
• Residential (Do It Yourself (DIY) Home Automation)  
• Commercial  
• Education/ Universities  
• Government  
• Industrial  
• Laboratory  
• Lodging  
• Restaurants  
• Transportation

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Building Automation System Market is majorly driven by the rise in adoption of automated security systems in buildings and favorable government initiatives and incentives.

The industrial segment is growing at the highest CAGR due to adopt smart building solutions to achieve energy and cost savings and enhance their productivity.

North America dominated with a significant market share due to the rising requirement of energy management and the increasing demand for green homes.

Asia Pacific market is growing at the highest CAGR due to achieve energy savings with the implementation of building automation systems that directly translate to monetary savings.

Key players in Building Automation System Market include ABB Inc., Acuity Brands, AMAG Technology, Autani LLC, Azbil Corporation, Bosch, Cimetrics, Cisco, Control4, Delta Controls, Eaton Corporation, Echelon Corp., General Electric, Honeywell, Ingersoll Rand (Trane), Johnson Controls, and Siemens AG.

Table of Contents

1 Executive Summary         
          
2 Preface        
 
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Technology Analysis        
 3.7 Application Analysis        
 3.8 Emerging Markets        
 3.9 Impact of Covid-19        
          
4 Porters Five Force Analysis         

 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Building Automation System Market, By Technology          
 5.1 Introduction        
 5.2 Wireless Technology          
  5.2.1 Bluetooth        
  5.2.2 Wi-Fi        
  5.2.3 Zigbee        
  5.2.4 Z–Wave        
  5.2.5 Enocean        
  5.2.6 Infrared        
  5.2.7 Thread        
 5.3 Wired Technology          
  5.3.1 Konnex (KNX)        
  5.3.2 Lonworks        
  5.3.3 Modbus       
  5.3.4 Building Automation And Control Network (BACNET)        
  5.3.5 Digital Addressable Lighting Interface (DALI)        
          
6 Global Building Automation System Market, By Offering         

 6.1 Introduction        
 6.2 Facility Management Systems          
  6.2.1 Lighting Controls        
   6.2.1.1 Blind/Shutter Actuators      
   6.2.1.2 Daylight Sensors      
   6.2.1.3 Dimming Actuators      
   6.2.1.4 Occupancy Sensors      
   6.2.1.5 Receivers      
   6.2.1.6 Relays      
   6.2.1.7 Switch Actuators      
   6.2.1.8 Timers      
   6.2.1.9 Transmitters      
  6.2.2 Heating, Ventilation, and Air Conditioning (HVAC) Controls        
   6.2.2.1 Sensors      
   6.2.2.2 Smart Thermostats      
   6.2.2.3 Control Valves      
    6.2.2.3.1 Two-Way Valves     
    6.2.2.3.2 Three-Way Valves     
   6.2.2.4 Heating and Cooling Coils      
   6.2.2.5 Dampers      
    6.2.2.5.1 Low-Leakage Dampers     
    6.2.2.5.2 Parallel- and Opposed-Blade Dampers     
    6.2.2.5.3 Round Dampers     
   6.2.2.6 Actuators      
    6.2.2.6.1 Hydraulic Actuators     
    6.2.2.6.2 Pneumatic Actuators     
    6.2.2.6.3 Electric Actuators     
   6.2.2.7 Pumps and Fans      
   6.2.2.8 Smart Vents      
 6.3 Security and Access Controls          
  6.3.1 Video Surveillance Systems        
   6.3.1.1 Hardware      
    6.3.1.1.1 Cameras     
    6.3.1.1.2 Monitors     
    6.3.1.1.3 Storage Systems     
    6.3.1.1.4 Accessories     
    6.3.1.1.5 Field Devices     
    6.3.1.1.6 Controllers     
   6.3.1.2 Software/Video Analytics      
   6.3.1.3 Services      
  6.3.2 Biometric Systems        
 6.4 Fire Protection Systems          
  6.4.1 Sensors & Detectors        
   6.4.1.1 Smoke Detectors      
   6.4.1.2 Flame Detectors      
  6.4.2 Fire Sprinklers        
  6.4.3 Fire Alarms        
  6.4.4 Emergency Lighting, Voice Evacuation and Public Alert Devices        
 6.5 Building Energy Management Software          
 6.6 Building Automation System (BAS) Services          
  6.6.1 Installation and Maintenance        
  6.6.2 Training        
  6.6.3 Other Building Automation Systems        
   6.6.3.1 Parking      
   6.6.3.2 Water      
   6.6.3.3 Elevators      
 6.7 Environment Control and Lighting Management        
          
7 Global Building Automation System Market, By Application         
 7.1 Introduction        
 7.2 Residential (Do It Yourself (DIY) Home Automation)          
 7.3 Commercial          
  7.3.1 Airports and Railway Stations        
  7.3.2 Hospitals and Healthcare Facilities        
  7.3.3 Office Buildings        
  7.3.4 Retail and Public Assembly Buildings        
 7.4 Education/ Universities          
 7.5 Government          
 7.6 Industrial          
 7.7 Laboratory          
 7.8 Lodging          
 7.9 Restaurants          
 7.10 Transportation        
          
8 Global Building Automation System Market, By Geography          
 8.1 Introduction        
 8.2 North America        
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK       
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe       
 8.4 Asia Pacific        
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand       
  8.4.6 South Korea       
  8.4.7 Rest of Asia Pacific       
 8.5 South America        
  8.5.1 Argentina       
  8.5.2 Brazil       
  8.5.3 Chile       
  8.5.4 Rest of South America       
 8.6 Middle East & Africa        
  8.6.1 Saudi Arabia       
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa       
  8.6.5 Rest of Middle East & Africa       
          
9 Key Developments         

 9.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 9.2 Acquisitions & Mergers        
 9.3 New Product Launch        
 9.4 Expansions        
 9.5 Other Key Strategies        
          
10 Company Profiling         
 10.1 ABB Inc.          
 10.2 Acuity Brands          
 10.3 AMAG Technology          
 10.4 Autani LLC          
 10.5 Azbil Corporation          
 10.6 Bosch          
 10.7 Cimetrics          
 10.8 Cisco          
 10.9 Control4          
 10.10 Delta Controls          
 10.11 Eaton Corporation          
 10.12 Echelon Corp.          
 10.13 General Electric          
 10.14 Honeywell          
 10.15 Ingersoll Rand (Trane)        
 10.16 Johnson Controls        
 10.17 Siemens AG        


List of Tables          
1 Global Building Automation System Market Outlook, By Region (2020-2028) ($MN)         
2 Global Building Automation System Market Outlook, By Technology (2020-2028) ($MN)         
3 Global Building Automation System Market Outlook, By Wireless Technology (2020-2028) ($MN)         
4 Global Building Automation System Market Outlook, By Bluetooth (2020-2028) ($MN)         
5 Global Building Automation System Market Outlook, By Wi-Fi (2020-2028) ($MN)         
6 Global Building Automation System Market Outlook, By Zigbee (2020-2028) ($MN)         
7 Global Building Automation System Market Outlook, By Z–Wave (2020-2028) ($MN)         
8 Global Building Automation System Market Outlook, By Enocean (2020-2028) ($MN)         
9 Global Building Automation System Market Outlook, By Infrared (2020-2028) ($MN)         
10 Global Building Automation System Market Outlook, By Thread (2020-2028) ($MN)         
11 Global Building Automation System Market Outlook, By Wired Technology (2020-2028) ($MN)         
12 Global Building Automation System Market Outlook, By Konnex (KNX) (2020-2028) ($MN)         
13 Global Building Automation System Market Outlook, By Lonworks (2020-2028) ($MN)         
14 Global Building Automation System Market Outlook, By Modbus (2020-2028) ($MN)         
15 Global Building Automation System Market Outlook, By Building Automation And Control Network (BACNET) (2020-2028) ($MN)         
16 Global Building Automation System Market Outlook, By Digital Addressable Lighting Interface (DALI) (2020-2028) ($MN)         
17 Global Building Automation System Market Outlook, By Offering (2020-2028) ($MN)         
18 Global Building Automation System Market Outlook, By Facility Management Systems (2020-2028) ($MN)         
19 Global Building Automation System Market Outlook, By Lighting Controls (2020-2028) ($MN)         
20 Global Building Automation System Market Outlook, By Heating, Ventilation, and Air Conditioning (HVAC) Controls (2020-2028) ($MN)         
21 Global Building Automation System Market Outlook, By Security and Access Controls (2020-2028) ($MN)         
22 Global Building Automation System Market Outlook, By Video Surveillance Systems (2020-2028) ($MN)         
23 Global Building Automation System Market Outlook, By Biometric Systems (2020-2028) ($MN)         
24 Global Building Automation System Market Outlook, By Fire Protection Systems (2020-2028) ($MN)          
25 Global Building Automation System Market Outlook, By Sensors & Detectors (2020-2028) ($MN)         
26 Global Building Automation System Market Outlook, By Fire Sprinklers (2020-2028) ($MN)         
27 Global Building Automation System Market Outlook, By Fire Alarms (2020-2028) ($MN)         
28 Global Building Automation System Market Outlook, By Emergency Lighting, Voice Evacuation and Public Alert Devices (2020-2028) ($MN)         
29 Global Building Automation System Market Outlook, By Building Energy Management Software (2020-2028) ($MN)         
30 Global Building Automation System Market Outlook, By Building Automation System (BAS) Services (2020-2028) ($MN)         
31 Global Building Automation System Market Outlook, By Installation and Maintenance (2020-2028) ($MN)         
32 Global Building Automation System Market Outlook, By Training (2020-2028) ($MN)         
33 Global Building Automation System Market Outlook, By Other Building Automation Systems (2020-2028) ($MN)          
34 Global Building Automation System Market Outlook, By Environment Control and Lighting Management (2020-2028) ($MN)         
35 Global Building Automation System Market Outlook, By Application (2020-2028) ($MN)         
36 Global Building Automation System Market Outlook, By Residential (Do It Yourself (DIY) Home Automation) (2020-2028) ($MN)         
37 Global Building Automation System Market Outlook, By Commercial (2020-2028) ($MN)         
38 Global Building Automation System Market Outlook, By Airports and Railway Stations (2020-2028) ($MN)         
39 Global Building Automation System Market Outlook, By Hospitals and Healthcare Facilities (2020-2028) ($MN)         
40 Global Building Automation System Market Outlook, By Office Buildings (2020-2028) ($MN)         
41 Global Building Automation System Market Outlook, By Retail and Public Assembly Buildings (2020-2028) ($MN)         
42 Global Building Automation System Market Outlook, By Education/ Universities (2020-2028) ($MN)         
43 Global Building Automation System Market Outlook, By Government (2020-2028) ($MN)         
44 Global Building Automation System Market Outlook, By Industrial (2020-2028) ($MN)         
45 Global Building Automation System Market Outlook, By Laboratory (2020-2028) ($MN)         
46 Global Building Automation System Market Outlook, By Lodging (2020-2028) ($MN)         
47 Global Building Automation System Market Outlook, By Restaurants (2020-2028) ($MN)         
48 Global Building Automation System Market Outlook, By Transportation (2020-2028) ($MN)         
          
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.          

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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