HOME Top Market Reports Building Automation System Market by Communication Technology (Wired, and Wireless), Offering (Facilities Management Systems, Security & Access Control Systems, and Fire Protection Systems), Application, and Region - Global Forecast to 2022

Building Automation System Market by Communication Technology (Wired, and Wireless), Offering (Facilities Management Systems, Security & Access Control Systems, and Fire Protection Systems), Application, and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: March 2017
Report Code: SE 2966

 

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The building automation system (BAS) market was valued at USD 53.66 Billion in 2016 and is expected to reach USD 99.11 Billion by 2022, at a CAGR of 10.73% between 2017 and 2022. This report provides the size and growth prospects of the BAS market across different segments such as communication technology, application, offering, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges. It also profiles the key players operating in the BAS market. Factors such as increase in demand for energy-efficient systems, growing need for the automation of security systems in buildings, and advancement of IoT in BAS are expected to encourage the growth of the overall BAS market. The base year considered for the study is 2016 and the market size forecast is provided for the period between 2017 and 2022.

The research methodology used to estimate and forecast the BAS market begins with capturing data on key vendor revenues through secondary research. The secondary sources include annual reports; press releases; investor presentations of companies; white papers; journals and certified publications; and articles from recognized authors, websites, directories, and databases; among others. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the size of the overall BAS market from the revenue of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with key experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primary respondents has been depicted in the below figure.

Building Automation Systems Market

To know about the assumptions considered for the study, download the pdf brochure

The BAS ecosystem comprises research and development (R&D), manufacturers, and distributors such as Honeywell International Inc. (U.S.), Siemens AG (Germany), Johnson Controls International PLC (Ireland), Schneider Electric SE (France), United Technologies Corp. (U.S.), Robert Bosch GmbH (Germany), Legrand SA (France), Hubbell Inc. (U.S.), ABB Ltd. (Switzerland), Ingersoll-Rand Plc (Ireland), Lutron Electronics Co., Inc. (U.S.), Crestron Electronics, Inc. (U.S.), and BuildingIQ (U.S.). These companies also sell these systems to the end users and cater to their unique business requirements.

Key Target Audience

  • Original device manufacturers (ODMs)
  • Building automation service providers
  • Networking technologies vendors
  • Real estate builders
  • Building automation software solutions providers
  • Building automation service providers
  • Component suppliers
  • Research organizations and consulting companies
  • Application providers
  • Subcomponent manufacturers
  • Technology providers
  • BAS-related associations, organizations, forums, and alliances

Scope of the Report

The BAS market has been covered in detail in this report. To provide a holistic picture, the current demand for BAS in the market and forecasts have also been included in the report.

The BAS market has been segmented as follows:

By Communication Technology:

  • Wired Technology
  • Wireless Technology

By Application:

  • Residential
  • Commercial
  • Industrial

By Offering:

  • Facility Management Systems
  • Security & Access Control Systems
  • Fire Protection Systems
  • Building Energy Management Software
  • BAS Services
  • Others

By Geography:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

  • Market size for 2019 and 2021 for segments such as communication technology, application, offering, and geography
  • Company information: Detailed analysis and profiling of additional market players (Up to 5)

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
    2.2 Factor Analysis
           2.2.1 Demand-Side Analysis
                    2.2.1.1 Increasing Use of Smartphones in Building Automation
                    2.2.1.2 Growing Focus Toward Energy Efficiency and Cost Cutting
           2.2.2 Supply-Side Analysis
                    2.2.2.1 Advancement in Technology
                    2.2.2.2 Increase in Construction Activities Worldwide
    2.3 Market Size Estimation
    2.4 Market Breakdown and Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Opportunities in the BAS Market
    4.2 BAS Market, By Application (2017–2022)
    4.3 BAS Market, By Offering and Region (2017–2022)
    4.4 BAS Market, By Region (2017–2022)

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 BAS Market, By Communication Technology
           5.2.2 BAS Market, By Offering
           5.2.3 BAS Market, By Application
           5.2.4 BAS Market, By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increase in Demand for Energy-Efficient Systems
                    5.3.1.2 Growing Need for the Automation of Security Systems in Buildings
                    5.3.1.3 Advancement of Iot in Building Automation System
                    5.3.1.4 Development of Building Automation-Centric Wireless Protocols and Wireless Sensor Network Technology
                    5.3.1.5 Accelerated Infrastructure Growth in the Technologically Advancing Countries
           5.3.2 Restraints
                    5.3.2.1 High Cost of Implementation
                    5.3.2.2 Technical Difficulties and Lack of Skilled Experts
           5.3.3 Opportunities
                    5.3.3.1 Favorable Government Initiatives and Incentives
           5.3.4 Challenge
                    5.3.4.1 Presence of Different Communication Protocols

6 Industry Trends (Page No. - 47)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry

7 Building Automation System Market, By Communication Technology (Page No. - 56)
    7.1 Introduction
    7.2 Communication Technology
           7.2.1 Wireless Technologies
                    7.2.1.1 Zigbee
                    7.2.1.2 Enocean
                    7.2.1.3 Z–Wave
                    7.2.1.4 Wi-Fi
                    7.2.1.5 Bluetooth
                    7.2.1.6 Thread
                    7.2.1.7 Infrared
           7.2.2 Wired Technologies
                    7.2.2.1 Digital Addressable Lighting Interface (DALI)
                    7.2.2.2 Knx
                    7.2.2.3 Lonworks
                    7.2.2.4 Building Automation and Control Network (BACNet)
                    7.2.2.5 Modbus

8 Building Automation System Market, By Offering (Page No. - 63)
    8.1 Introduction
    8.2 Facility Management Systems
           8.2.1 Lighting Control Systems
                    8.2.1.1 Occupancy Sensors
                    8.2.1.2 Daylight Sensors
                    8.2.1.3 Relays
                    8.2.1.4 Timers
                    8.2.1.5 Dimming Actuators
                    8.2.1.6 Switch Actuators
                    8.2.1.7 Blind/Shutter Actuators
                    8.2.1.8 Transmitters
                    8.2.1.9 Receivers
           8.2.2 Hvac Control Systems
                    8.2.2.1 Sensors
                    8.2.2.2 Smart Thermostats
                    8.2.2.3 Control Valves
                               8.2.2.3.1 Two-Way Valve
                               8.2.2.3.2 Three-Way Valve
                    8.2.2.4 Heating and Cooling Coils
                    8.2.2.5 Dampers
                               8.2.2.5.1 Low-Leakage Dampers
                               8.2.2.5.2 Parallel and Opposed Blade Dampers
                               8.2.2.5.3 Round Dampers
                    8.2.2.6 Actuators
                               8.2.2.6.1 Hydraulic Actuators
                               8.2.2.6.2 Pneumatic Actuators
                               8.2.2.6.3 Electric Actuators
                    8.2.2.7 Pumps and Fans
                    8.2.2.8 Smart Vents
    8.3 Security and Access Control Systems
           8.3.1 Video Surveillance Systems
                    8.3.1.1 Hardware
                               8.3.1.1.1 Cameras
                               8.3.1.1.2 Monitors
                               8.3.1.1.3 Storage Systems
                               8.3.1.1.4 Accessories
                    8.3.1.2 Software/Video Analytics
                    8.3.1.3 Services
           8.3.2 Biometric Systems
    8.4 Fire Protection Systems
           8.4.1 Sensors and Detectors
                    8.4.1.1 Smoke Detectors
                    8.4.1.2 Flame Detectors
                    8.4.1.3 Others
           8.4.2 Fire Sprinklers
           8.4.3 Fire Alarms
           8.4.4 Emergency Lighting, Voice Evacuation, and Public Alert
    8.5 Building Energy Management Software
    8.6 BAS Services
           8.6.1 Installation and Maintenance
           8.6.2 Training
    8.7 Others

9 Building Automation System Market, By Application (Page No. - 100)
    9.1 Introduction
    9.2 Residential Application
           9.2.1 Diy Home Automation
    9.3 Commercial Application
           9.3.1 Office Buildings
           9.3.2 Retail and Public Assembly Buildings
           9.3.3 Hospitals and Healthcare Facilities
           9.3.4 Airport and Railways
    9.4 Industrial Application

10 Building Automation System Market, By Region (Page No. - 107)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 U.K.
             10.3.2 Germany
             10.3.3 France
             10.3.4 Rest of Europe
     10.4 Asia-Pacific
             10.4.1 Japan
             10.4.2 China
             10.4.3 India
             10.4.4 Rest of APAC
     10.5 Rest of the World
             10.5.1 South America
             10.5.2 Middle East and Africa

11 Competitive Landscape (Page No. - 129)
     11.1 Overview
     11.2 Key Players in BAS Market
     11.3 Competitive Situations and Trends
             11.3.1 New Product Launches and Developments
             11.3.2 Partnerships, Collaborations, Contracts, and Agreements
             11.3.3 Mergers and Acquisitions
             11.3.4 Expansions

12 Company Profiles (Page No. - 139)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     12.1 Introduction
     12.2 Honeywell International Inc.
     12.3 Siemens AG
     12.4 Johnson Controls International PLC
     12.5 Schneider Electric SE
     12.6 United Technologies Corp.
     12.7 Robert Bosch GmbH
     12.8 Legrand SA
     12.9 Hubbell Inc.
     12.10 ABB Ltd.
     12.11 Ingersoll-Rand PLC
     12.12 Lutron Electronics Co., Inc.
     12.13 Crestron Electronics, Inc.
     12.14 Buildingiq
     12.15 Key Innovators
             12.15.1 Introduction
             12.15.2 Distech Controls Inc.
             12.15.3 Nest Labs
             12.15.4 KMC Controls

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 178)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (78 Tables)

Table 1 Porter’s Five Forces Analysis (2016): Intensity of Competitive Rivalry Likely to Have A High Impact on the BAS Market
Table 2 BAS Market for Facility Management Systems, By Communication Technology, 2014–2022 (USD Billion)
Table 3 BAS Market, By Offering, 2014–2022 (USD Billion)
Table 4 BAS Market for Facility Management Systems, By Type, 2014–2022 (USD Billion)
Table 5 Facility Management Systems Market for Lighting Control Systems, By Component, 2014–2022 (USD Million)
Table 6 Facility Management Systems Market for Lighting Control Systems, By Application, 2014–2022 (USD Million)
Table 7 Facility Management Systems Market for Lighting Control Systems, By Region, 2014–2022 (USD Million)
Table 8 Lighting Control Systems Market for Occupancy Sensors, By Application, 2014–2022 (USD Million)
Table 9 Lighting Control Systems Market for Daylight Sensors, By Application, 2014–2022 (USD Million)
Table 10 Lighting Control Systems Market for Relays, By Application, 2014–2022 (USD Million)
Table 11 Lighting Control Systems Market for Timers, By Application, 2014–2022 (USD Million)
Table 12 Lighting Control Systems Market for Dimming Actuators, By Application, 2014–2022 (USD Million)
Table 13 Lighting Control Systems Market for Switch Actuators, By Application, 2014–2022 (USD Million)
Table 14 Lighting Control Systems Market for Blind/Shutter Actuators, By Application, 2014–2022 (USD Million)
Table 15 Lighting Control Systems Market for Transmitters, By Application, 2014–2022 (USD Million)
Table 16 Lighting Control Systems Market for Receivers, By Application, 2014–2022 (USD Million)
Table 17 Facility Management Systems Market for Hvac Control Systems, By Component, 2014–2022 (USD Million)
Table 18 Facility Management Systems Market for Hvac Control Systems, By Application, 2014–2022 (USD Million)
Table 19 Facility Management Systems Market for Hvac Control Systems, By Region, 2014–2022 (USD Million)
Table 20 Hvac Control Systems Market for Sensors, By Application, 2014–2022 (USD Million)
Table 21 Hvac Control Systems Market for Smart Thermostats, By Application, 2014–2022 (USD Million)
Table 22 Hvac Control Systems Market for Control Valves, By Application, 2014–2022 (USD Million)
Table 23 Hvac Control Systems Market for Heating and Cooling Coils, By Application, 2014–2022 (USD Million)
Table 24 Hvac Control Systems Market for Dampers, By Application, 2014–2022 (USD Million)
Table 25 Hvac Control Systems Market for Actuators, By Application, 2014–2022 (USD Million)
Table 26 Hvac Control Systems Market for Pumps and Fans, By Application, 2014–2022 (USD Million)
Table 27 Hvac Control Systems Market for Smart Vents, By Application, 2014–2022 (USD Million)
Table 28 BAS Market for Security and Access Control Systems, By Type, 2014–2022 (USD Billion)
Table 29 BAS Market for Security and Access Control Systems, By Application, 2014–2022 (USD Billion)
Table 30 BAS Market for Security and Access Control Systems, By Region, 2014–2022 (USD Billion)
Table 31 Security and Access Control Systems Market for Video Surveillance Systems, By Offering, 2014–2022 (USD Billion)
Table 32 Security and Access Control Systems Market for Video Surveillance Systems, By Application, 2014–2022 (USD Billion)
Table 33 Security and Access Control Systems Market for Hardware, By Product, 2014–2022 (USD Billion)
Table 34 Security and Access Control Systems Market for Biometric Systems, By Application, 2014–2022 (USD Billion)
Table 35 BAS Market for Fire Protection Systems, By Offering, 2014–2022 (USD Billion)
Table 36 BAS Market for Fire Protection Systems, By Application, 2014–2022 (USD Billion)
Table 37 BAS Market for Fire Protection Systems, By Region, 2014–2022 (USD Billion)
Table 38 Fire Protection Systems Market for Sensors and Detectors, By Application, 2014–2022 (USD Million)
Table 39 Fire Protection Systems Market for Fire Sprinklers, By Application, 2014–2022 (USD Million)
Table 40 Fire Protection Systems Market for Fire Alarms, By Application, 2014–2022 (USD Million)
Table 41 Fire Protection Systems Market for Emergency Lighting, Voice Evacuation, and Public Alert Devices, By Application, 2014–2022 (USD Million)
Table 42 BAS Market for Building Energy Management Software, By Application, 2014–2022 (USD Million)
Table 43 BAS Market for Building Energy Management Software, By Region, 2014–2022 (USD Million)
Table 44 BAS Market for BAS Services, By Application, 2014–2022 (USD Billion)
Table 45 BAS Market for BAS Services, By Region, 2014–2022 (USD Billion)
Table 46 BAS Market for Other Offerings, By Application, 2014–2022 (USD Million)
Table 47 BAS Market for Other Controls, By Region, 2014–2022 (USD Million)
Table 48 BAS Market, By Application, 2014–2022 (USD Billion)
Table 49 BAS Market for Residential Application, By Offering, 2014–2022 (USD Billion)
Table 50 BAS Market for Commercial Application Systems, By Offering, 2014–2022 (USD Billion)
Table 51 BAS Market for Industrial Application, By Offering, 2014–2022 (USD Billion)
Table 52 BAS Market, By Region, 2014–2022 (USD Billion)
Table 53 BAS Market in North America, By Country, 2014–2022 (USD Billion)
Table 54 BAS Market in North America, By Offering, 2014–2022 (USD Billion)
Table 55 BAS Market in the U.S., By Application, 2014–2022 (USD Billion)
Table 56 BAS Market in Canada, By Application, 2014–2022 (USD Billion)
Table 57 BAS Market in Mexico, By Application, 2014–2022 (USD Billion)
Table 58 BAS Market in Europe, By Country, 2014–2022 (USD Billion)
Table 59 BAS Market in Europe, By Offering, 2014–2022 (USD Billion)
Table 60 BAS Market in the U.K., By Application, 2014–2022 (USD Billion)
Table 61 BAS Market in Germany, By Application, 2014–2022 (USD Billion)
Table 62 BAS Market in France, By Application, 2014–2022 (USD Billion)
Table 63 BAS Market in RoE, By Application, 2014–2022 (USD Billion)
Table 64 BAS Market in APAC, By Country, 2014–2022 (USD Billion)
Table 65 BAS Market in APAC, By Offering, 2014–2022 (USD Billion)
Table 66 BAS Market in Japan, By Application, 2014–2022 (USD Billion)
Table 67 BAS Market in China, By Application, 2014–2022 (USD Billion)
Table 68 BAS Market in India, By Application, 2014–2022 (USD Billion)
Table 69 BAS Market in Rest of APAC, By Application, 2014–2022 (USD Billion)
Table 70 BAS Market in RoW, By Region, 2014–2022 (USD Billion)
Table 71 BAS Market in RoW, By Offering, 2014–2022 (USD Billion)
Table 72 BAS Market in South America, By Application, 2014–2022 (USD Billion)
Table 73 BAS Market in Middle East and Africa, By Application, 2014–2022 (USD Billion)
Table 74 Top 5 Players in the BAS Market, 2016
Table 75 New Product Launches and Developments (2015–2016)
Table 76 Partnerships, Collaborations, Contracts, and Agreements (2015–2016)
Table 77 Mergers and Acquisitions (2014–2016)
Table 78 Expansions (2015)


List of Figures (67 Figures)

Figure 1 Market Segmentation
Figure 2 BAS Market: Research Design
Figure 3 Average Retail Price of Electricity in the U.S.
Figure 5 Research Flow
Figure 6 BAS Market: Market Size Analysis (2014–2022)
Figure 7 Security and Access Control Systems to Dominate the BAS Market Between 2017 and 2022
Figure 8 BAS Market for Industrial Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 9 North America Held the Largest Size of the BAS Market (2016)
Figure 10 BAS Market Expected to Grow at A Significant Rate Owing to Increasing Demand of Energy Efficient System Between 2017 and 2022
Figure 11 BAS Market for Industrial Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 12 Security and Access Control Systems Held the Largest Share of the BAS Market in 2016
Figure 13 North America Expected to Hold the Largest Share of the BAS Market in 2017
Figure 14 Increase in Demand for Energy-Efficient System Drives the Market
Figure 15 Value Chain Analysis of the BAS Market
Figure 16 Overview of Porter’s Five Forces Analysis of the BAS Market (2016)
Figure 17 BAS Market: Porter’s Five Forces Analysis (2016)
Figure 18 BAS Market: Medium Impact of Threat of New Entrants in 2016
Figure 19 BAS Market: Low Impact of Threat of Substitutes in 2016
Figure 20 BAS Market: Medium Impact of Bargaining Power of Suppliers in 2016
Figure 21 BAS Market: Medium Impact of Bargaining Power of Buyers in 2016
Figure 22 BAS Market: High Impact of Intensity of Competitive Rivalry in 2016
Figure 23 Facility Management Systems Market for Wireless Communication Technologies Expected to Grow at A Higher Rate Between 2017 and 2022
Figure 24 Enocean Frequency Bands
Figure 25 Building Automation System Market Segmentation Based on Offering
Figure 26 Security and Access Control to Hold the Largest Size in BAS Market Between 2017 and 2022
Figure 27 BAS Market for Facility Management Systems
Figure 28 Lighting Control Systems Market for Daylight Sensors Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 29 Commercial Application Expected to Hold the Largest Size of the Lighting Control Systems Market for Occupancy Sensors Between 2017 and 2022
Figure 30 Transmitters Market for Industrial Application Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 31 Pumps and Fans Expected to Hold the Largest Size of the BAS Market for Hvac Control Systems During the Forecast Period
Figure 32 Heating and Cooling Coils Market for Industrial Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 33 Biometric Systems Expected to Hold A Larger Size of the Market for Security and Access Control Systems Between 2017 and 2022
Figure 34 Hardware Market for Monitors Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 35 Fire Sprinklers Expected to Hold the Largest Size of the BAS Market for Fire Protection Systems During the Forecast Period
Figure 36 Fire Alarm Market for Industrial Application Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 37 North America Expected to Hold the Largest Size of the BAS Market for Building Energy Management Software During the Forecast Period
Figure 38 Commercial Application Expected to Hold the Largest Size of the BAS Market Between 2017 and 2022
Figure 39 BAS Market for Commercial Lighting Control Systems to Grow at the Highest Rate During the Forecast Period
Figure 40 Geographic Snapshot of the BAS Market (2017–2022)
Figure 41 BAS Market in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 42 Snapshot of the BAS Market in North America
Figure 43 Commercial Application Expected to Hold the Largest Size of the BAS Market in the U.S. During the Forecast Period
Figure 44 Snapshot of the BAS Market in Europe
Figure 45 BAS Market in the U.K. for Industrial Application Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 46 Snapshot of the BAS Market in APAC
Figure 47 Commercial Application Expected to Hold the Largest Size of the Market in Japan During the Forecast Period
Figure 48 BAS Market in South America Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 49 New Product Launches and Developments as the Key Growth Strategies Adopted By the Companies Between 2014 and 2016
Figure 50 Market Evolution Framework—New Product Launches and Developments as the Major Strategy Adopted By the Key Players (2014–2016)
Figure 51 Battle for Market Share: New Product Launches and Developments as the Key Growth Strategies (2014–2016)
Figure 52 Geographic Revenue Mix of the Major Market Players
Figure 53 Honeywell International Inc.: Company Snapshot
Figure 54 Honeywell International Inc.: SWOT Analysis
Figure 55 Siemens AG: Company Snapshot
Figure 56 Siemens AG: SWOT Analysis
Figure 57 Johnson Controls International PLC: Company Snapshot
Figure 58 Johnson Controls International PLC: SWOT Analysis
Figure 59 Schneider Electric SE: Company Snapshot
Figure 60 Schneider Electric SE: SWOT Analysis
Figure 61 United Technologies Corp.: Company Snapshot
Figure 62 United Technologies Corp.: SWOT Analysis
Figure 63 Robert Bosch GmbH: Company Snapshot
Figure 64 Legrand SA: Company Snapshot
Figure 65 Hubbell Inc.: Company Snapshot
Figure 66 ABB Ltd.: Company Snapshot
Figure 67 Ingersoll-Rand PLC: Company Snapshot

According to MarketsandMarkets’ forecast, the overall building automation system (BAS) market was valued at USD 53.66 Billion in 2016 and is expected to reach USD 99.11 Billion by 2022, at a CAGR of 10.73% between 2017 and 2022. The growth of this market is driven by the increase in demand for energy-efficient systems, growing need for the automation of security systems in buildings, and advancement of IoT in BAS.

This report covers the BAS market segmented on the basis of communication technology, application, offering, and region. The wired communication technology held a larger size of the BAS market in 2016. In terms of application, commercial application held the largest size of the BAS market in 2016. The increased rate of implementation of BAS in large shopping complexes, office buildings, and public transport areas such as airports and railway stations is encouraging the growth of the BAS market for commercial application.

The security and access control systems are expected to hold the largest size of the BAS market during the forecast period. Security and access control systems have become an integral part of the safety and security of the buildings and their occupants. This has revolutionized the building security and has eliminated the human interventions. These are installed in buildings to increase the security level, monitor the activities, and keep a record of people entering and exiting the buildings. These systems are used in several businesses to protect the assets, staff, and information, monitor the activities, as well as control the access to the building.

Building Automation Systems Market

The overall BAS market in APAC is expected to grow at the highest rate between 2017 and 2022. The rapid growth of the construction industry in this region, along with the government initiatives, has contributed to the growth of the BAS market in APAC. The North America held the largest share of the BAS market in 2016. The rising need for energy management along with the increasing demand for green homes has resulted in the growth of the market in North America. The commercial and residential applications hold the largest share of the North American BAS market, and the demand of BAS for these applications as well as the growing demand from the industrial application is likely to fuel the BAS market in North America.

The major restraints faced by the companies in the market include the high cost of implementation, technical difficulties, and lack of skilled experts. The major vendors in the BAS market include Honeywell International Inc. (U.S.), Siemens AG (Germany), Johnson Controls International PLC (Ireland), Schneider Electric SE (France), United Technologies Corp. (U.S.), Robert Bosch GmbH (Germany), Legrand SA (France), Hubbell Inc. (U.S.), ABB Ltd. (Switzerland), Ingersoll-Rand Plc (Ireland), Lutron Electronics Co., Inc. (U.S.), Crestron Electronics, Inc. (U.S.), and BuildingIQ (U.S.). These players have adopted various strategies such as new product launches and developments, mergers, partnerships, collaborations, and expansions to cater to the needs of their customers.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Available Customizations Title

Client Customization Problem Statement :

Building Automation Market in Brazil

Solution Provided:

In this customization, MnM had provided Building Automation market specific to Brazil in Excel format w....

In this customization, MnM had provided Building Automation market specific to Brazil in Excel format with the following segmentation:

  • Lighting Control
  • HVAC Control
  • Security & Access Control
  • Others

These applications are further sub-divided into subsequent sub-applications namely:

Lighting Control

  • Occupancy Sensors
  • Daylight Sensors
  • Relays
  • Timers
  • Dimming Actuators
  • Switch Actuators
  • Blind/Shutter Actuators
  • Transmitters
  • Receivers

HVAC Control

  • Smart Thermostats
  • Sensors
  • Control Valves
  • Heating & Cooling Coils
  • Dampers
  • Actuators
  • Pumps & Fans
  • Smart Vents

Security & Access Control

  • Video Surveillance
  • Biometric Systems

Others

  • Smart Meters
  • Smart Plugs
  • Smart Hubs
  • Smart Locks
  • Smoke Detectors
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