HOME Research Insight The ‘Green Buildings’ trend is driving the Building Automation Technologies market thereby offering significant energy and cost savings



The ‘Green Buildings’ trend is driving the Building Automation Technologies market thereby offering significant energy and cost savings


The technological advancements made in software, controllers, sensors, valves, and actuators by some of the most reliable name in the electronic industry such as General Electric, Siemens, Schneider, and Azbil have created traction in this market. The IBAS solutions find huge potential in commercial and industrial buildings as well in the rising demand of smart homes.

The sheer sizes of buildings and the luxuries required for their occupants have created a potential market for building automation solutions. The number of Heating, Ventilation, and Air-Conditioning (HVAC) equipment is growing at an unprecedented rate; managing them manually has become impossible. Thus, automation systems are required to monitor and control them. BAS helps operators to effectively manage the HVAC systems, lighting controls, security systems, and other systems from a single user-friendly interface. Intelligent Building Automation Technologies finds extensive applications across various verticals and provide highly optimized and efficient services to enterprises. The advancements in the air conditioning and ventilation technologies, the variety of options in lighting and its control, introduction of other electromechanical systems, and the need to reduce energy consumption by the building has created a huge demand for building automation system products and services.

The major players in the IBAS space such as General Electric, Siemens Building Technologies, Schneider Electric, Azbil Corporation, Ingersoll Rand, Cooper Industries, ABB, Honeywell, Johnson Controls, and Rockwell Automation are finding a huge potential for Building Automation Systems with increasing size of the buildings and the number of luxuries offered in these buildings along with the need to minimize energy cost to the lowest possible level.

Related Reports:

Intelligent Building Automation Technologies Market by System & Services [Physical Security, Life Safety, Facility Management], IT Technologies & Industry Verticals - Global Advancements, Worldwide Forecast & Analysis (2014 - 2019)

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