This report studies the Building Automation Systems market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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The Building Automation System (BAS) core functionality is to keep building climate within a specified range, light rooms based on an occupancy schedule, monitor performance and device failures in all systems and provide malfunction alarms. Automation systems reduce building energy and maintenance costs compared to a non-controlled building. Typically they are financed through energy and insurance savings and other savings associated with pre-emptive maintenance and quick detection of issues.
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The commercial application held the largest size of the BAS market in 2017 and the trend is expected to continue during the forecast period. 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. HVAC, lighting, and security and access control systems are the major products used in the market for commercial application.
In 2017, the global Building Automation Systems market size was 58700 million US$ and it is expected to reach 130100 million US$ by the end of 2025, with a CAGR of 10.5% between 2018 and 2025.
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This report focuses on the global top players, covered
- 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.)
- BuildingIQ (U.S.)
Market segment by Regions/Countries, this report covers
- North America
- Rest of Asia Pacific
- Central & South America
- Middle East & Africa
Market segment by Type, the product can be split into
- Wired Technology
- Wireless Technology
Market segment by Application, the market can be split into
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