Building Automation System Market by Offering ( Facility Management Systems, Security & Access Controls, Fire Protection Systems), Communication Technology (Wireless Technolgies, Wired Technologies), Application & Region-Global Forecast to 2028
The building automation system market is expected to reach USD 155.9 billion by 2028 from 88.4 billion in 2023, at a CAGR of 12.0% during the 2023- 2028 period.
The IoT's evolution enables seamless communication between electronic devices without human intervention, revolutionizing building automation systems. Traditionally, HVAC, security, and lighting systems operated independently, but IoT integration empowers providers to introduce smart devices for efficient building management.
Cloud technology allows building automation providers to offer autonomous, data-rich monitoring services. This cloud-based system offers a user-friendly interface and data analytics, providing insights into weather forecasts, lighting control, access permissions, utility usage, and heating/cooling patterns. IoT facilitates automatic temperature adjustments based on sensor data, reducing energy consumption and costs.
This integration also makes building automation systems more cost-effective for buildings of all sizes.
Data analytics, driven by the vast data streams from various sources like sensors and thermostats, has the potential to transform the building automation market. It enhances facility management, reduces costs, and improves performance. The challenge lies in delivering intelligent solutions to predict equipment failures and understand user behavior through historical data analysis. Leading companies like IBM and Schneider are pioneering advanced data analytics platforms, but there is immense potential for expanding these capabilities, ultimately tailoring solutions to each building's unique data profile.
“Security & Access Control is expected to have the highest market share in the forecast period.”
The safety and security systems of buildings and their occupants now include security and access control systems as standard components. They have done away with human intervention and transformed building security. These devices are put in place in buildings to track who enters and leaves, monitor people's movements and activities, and raise security levels. These systems are used by many organizations to monitor activity within buildings, regulate entry to premises, and safeguard their property, personnel, and data. To protect their citizens from terrorist assaults, governments throughout the world are investing more and more in creating dependable and strong security systems. The need for home security solutions is increasing quickly due to a number of factors, including the need to monitor children and provide medical care for elderly people at home, an increase in crime, and technological developments in home security solutions. Biometric and video surveillance systems are two categories under which security and access control systems fall. In the building automation system industry, Honeywell Security Group (US), Siemens AG (Germany), Carrier (US), and Trane Technologies (Ireland) are prominent players that offer security and access control systems.
“North America recorded the highest market share in the building automation system market for 2022.”
North America stands as one of the world's most developed regions and a prominent hub for the building automation systems market. In the year 2022, North America held a highest market share within the building automation system industry. The escalating demand for energy management and the increasing desire for eco-friendly residences have fueled the expansion of the North American building automation system market. This market has been scrutinized with a focus on the US, Canada, and Mexico.
Government agencies across the region collaborate to foster efficient and clean energy production and utilization. A noteworthy example is the North American Energy Working Group (NAEWG), established in 2001 through the joint efforts of the US, Canada, and Mexico. NAEWG's primary objective is to bolster energy cooperation within the region. This includes enhancing communication and collaboration among these nations' governments and energy sectors regarding shared energy-related concerns. Additionally, the group concentrates on advancing energy trade and ensuring consistent interconnections in North America to promote sustainable development.
“Builing automation system by commercial application is projected to have the highest market share in the forecast period”
Commercial applications of building automation systems encompass office complexes, hotels, healthcare institutions, retail and public gathering spaces, airports and train stations, warehouses, and more. Office buildings stand out as significant users of commercial building automation systems due to the prevalent utilization of energy-intensive equipment like HVAC and lighting control systems. These systems in office buildings primarily encompass HVAC control, lighting control, and security and access control. Many businesses prioritize creating a comfortable work environment with well-managed HVAC and efficient lighting systems to enhance employee productivity. For instance, May 2023 marked the completion of a 16-story office tower- the 555 Greenwich development- in New York City, touted as one of the most sustainable office buildings in the city, developed by the Hudson Square Properties and Hines. The office building features an innovative HVAC system with geothermal wells, a dedicated outdoor air system (DOAS), radiant heating and cooling, and a sophisticated control system for optimal performance. Connected to an adjoining office building, it is expected to use less than half the energy of its neighbor and be 40% more energy-efficient than the average large office building in New York. The tower is fully electrified, uses advanced HVAC technologies, and employs AI for energy-efficient operations, setting a precedent for sustainability in the city. Consulting engineers and sustainable design firms collaborated on this advanced HVAC system.
Retail buildings encompass various retail outlets, grocery stores, and expansive shopping malls. Public buildings include government-owned public administration facilities, municipal offices, utilities for water and electricity distribution, sports complexes, and auditoriums. Retail operations present a complex landscape with challenges such as security concerns, including theft and inventory losses that impact profits. Therefore, security and access control systems are of paramount importance in the retail sector. Furthermore, the adoption of HVAC control and security systems has become a standard practice in shopping malls and grocery stores, ensuring the safety and comfort of shoppers while also contributing to energy cost reductions. Some companies deliver building automation system solutions for retail and public assembly buildings. For instance, 75F, and Indian company based in Bengaluru, offers building automation systems for retail applications that include energy management solutions to increase energy efficiency, creating effective scheduling for building lighting etc. The company- 75F received an investment from Next47, the global venture capital firm backed by Siemens, led the investment on behalf of Siemens Smart Infrastructure, because of its innovative solutions.
The majority of retailers contend with the issue of exceptionally narrow profit margins, rendering them acutely conscious of their operational expenditures. From individual stores to global retail chains, concerns revolve around building leases, escalating merchandise costs, and various fixed expenses. As a result, there has been a growing inclination towards implementing building automation systems, primarily to mitigate energy expenses. Leveraging wireless communication and cloud technology has made building controls more cost-effective. The adoption of building automation systems incorporating wireless communication and cloud capabilities has empowered numerous retail enterprises to achieve substantial energy cost reductions, often reaching up to 30%.
“Facility management type lighting control to grow at the highest CAGR for building automation system in the forecast period”
Lighting controls are important in building automation. Despite using less energy than HVAC systems, lighting systems are deployed in huge numbers in buildings, necessitating their automation. Lighting controls fulfill the current demands for environmental sustainability and responsibility while assisting in the promotion of energy efficiency and cost savings in a simple and accessible way. Lighting controls allow lighting systems to adapt to the real-world conditions in a room, such as the quantity of natural light present and the number of people using the space. As a result, lighting controls give residents the appropriate quantity of artificial light based on their needs. These systems are widely used in commercial, residential, and industrial buildings for both interior and outdoor illumination. The demand for lighting controls is rising worldwide since they are crucial for energy conservation.
Lighting sensors can be used to detect occupancy, daylight, and motion. This data can then be used to automate the operation of lighting systems, such as turning lights on and off automatically, adjusting the brightness of lights, and dimming lights when there is sufficient natural light. These sensors can help to improve energy efficiency by reducing the amount of time that lights are on unnecessarily. For example, occupancy sensors can turn off lights in empty rooms, and daylight harvesting systems can reduce the need for artificial light during the day. They can help to reduce operating costs by lowering energy bills. Additionally, they can reduce the need for maintenance and replacement of lighting fixtures. They can help to improve comfort and productivity by creating a more dynamic and responsive lighting environment. They can also be used to enhance security by detecting movement in areas where people should not be.
The break-up of the profile of primary participants in the building automation system market-
Research Coverage
The report segments the building automation system market and forecasts its size based and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall building automation system market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
The IoT's evolution enables seamless communication between electronic devices without human intervention, revolutionizing building automation systems. Traditionally, HVAC, security, and lighting systems operated independently, but IoT integration empowers providers to introduce smart devices for efficient building management.
Cloud technology allows building automation providers to offer autonomous, data-rich monitoring services. This cloud-based system offers a user-friendly interface and data analytics, providing insights into weather forecasts, lighting control, access permissions, utility usage, and heating/cooling patterns. IoT facilitates automatic temperature adjustments based on sensor data, reducing energy consumption and costs.
This integration also makes building automation systems more cost-effective for buildings of all sizes.
Data analytics, driven by the vast data streams from various sources like sensors and thermostats, has the potential to transform the building automation market. It enhances facility management, reduces costs, and improves performance. The challenge lies in delivering intelligent solutions to predict equipment failures and understand user behavior through historical data analysis. Leading companies like IBM and Schneider are pioneering advanced data analytics platforms, but there is immense potential for expanding these capabilities, ultimately tailoring solutions to each building's unique data profile.
“Security & Access Control is expected to have the highest market share in the forecast period.”
The safety and security systems of buildings and their occupants now include security and access control systems as standard components. They have done away with human intervention and transformed building security. These devices are put in place in buildings to track who enters and leaves, monitor people's movements and activities, and raise security levels. These systems are used by many organizations to monitor activity within buildings, regulate entry to premises, and safeguard their property, personnel, and data. To protect their citizens from terrorist assaults, governments throughout the world are investing more and more in creating dependable and strong security systems. The need for home security solutions is increasing quickly due to a number of factors, including the need to monitor children and provide medical care for elderly people at home, an increase in crime, and technological developments in home security solutions. Biometric and video surveillance systems are two categories under which security and access control systems fall. In the building automation system industry, Honeywell Security Group (US), Siemens AG (Germany), Carrier (US), and Trane Technologies (Ireland) are prominent players that offer security and access control systems.
“North America recorded the highest market share in the building automation system market for 2022.”
North America stands as one of the world's most developed regions and a prominent hub for the building automation systems market. In the year 2022, North America held a highest market share within the building automation system industry. The escalating demand for energy management and the increasing desire for eco-friendly residences have fueled the expansion of the North American building automation system market. This market has been scrutinized with a focus on the US, Canada, and Mexico.
Government agencies across the region collaborate to foster efficient and clean energy production and utilization. A noteworthy example is the North American Energy Working Group (NAEWG), established in 2001 through the joint efforts of the US, Canada, and Mexico. NAEWG's primary objective is to bolster energy cooperation within the region. This includes enhancing communication and collaboration among these nations' governments and energy sectors regarding shared energy-related concerns. Additionally, the group concentrates on advancing energy trade and ensuring consistent interconnections in North America to promote sustainable development.
“Builing automation system by commercial application is projected to have the highest market share in the forecast period”
Commercial applications of building automation systems encompass office complexes, hotels, healthcare institutions, retail and public gathering spaces, airports and train stations, warehouses, and more. Office buildings stand out as significant users of commercial building automation systems due to the prevalent utilization of energy-intensive equipment like HVAC and lighting control systems. These systems in office buildings primarily encompass HVAC control, lighting control, and security and access control. Many businesses prioritize creating a comfortable work environment with well-managed HVAC and efficient lighting systems to enhance employee productivity. For instance, May 2023 marked the completion of a 16-story office tower- the 555 Greenwich development- in New York City, touted as one of the most sustainable office buildings in the city, developed by the Hudson Square Properties and Hines. The office building features an innovative HVAC system with geothermal wells, a dedicated outdoor air system (DOAS), radiant heating and cooling, and a sophisticated control system for optimal performance. Connected to an adjoining office building, it is expected to use less than half the energy of its neighbor and be 40% more energy-efficient than the average large office building in New York. The tower is fully electrified, uses advanced HVAC technologies, and employs AI for energy-efficient operations, setting a precedent for sustainability in the city. Consulting engineers and sustainable design firms collaborated on this advanced HVAC system.
Retail buildings encompass various retail outlets, grocery stores, and expansive shopping malls. Public buildings include government-owned public administration facilities, municipal offices, utilities for water and electricity distribution, sports complexes, and auditoriums. Retail operations present a complex landscape with challenges such as security concerns, including theft and inventory losses that impact profits. Therefore, security and access control systems are of paramount importance in the retail sector. Furthermore, the adoption of HVAC control and security systems has become a standard practice in shopping malls and grocery stores, ensuring the safety and comfort of shoppers while also contributing to energy cost reductions. Some companies deliver building automation system solutions for retail and public assembly buildings. For instance, 75F, and Indian company based in Bengaluru, offers building automation systems for retail applications that include energy management solutions to increase energy efficiency, creating effective scheduling for building lighting etc. The company- 75F received an investment from Next47, the global venture capital firm backed by Siemens, led the investment on behalf of Siemens Smart Infrastructure, because of its innovative solutions.
The majority of retailers contend with the issue of exceptionally narrow profit margins, rendering them acutely conscious of their operational expenditures. From individual stores to global retail chains, concerns revolve around building leases, escalating merchandise costs, and various fixed expenses. As a result, there has been a growing inclination towards implementing building automation systems, primarily to mitigate energy expenses. Leveraging wireless communication and cloud technology has made building controls more cost-effective. The adoption of building automation systems incorporating wireless communication and cloud capabilities has empowered numerous retail enterprises to achieve substantial energy cost reductions, often reaching up to 30%.
“Facility management type lighting control to grow at the highest CAGR for building automation system in the forecast period”
Lighting controls are important in building automation. Despite using less energy than HVAC systems, lighting systems are deployed in huge numbers in buildings, necessitating their automation. Lighting controls fulfill the current demands for environmental sustainability and responsibility while assisting in the promotion of energy efficiency and cost savings in a simple and accessible way. Lighting controls allow lighting systems to adapt to the real-world conditions in a room, such as the quantity of natural light present and the number of people using the space. As a result, lighting controls give residents the appropriate quantity of artificial light based on their needs. These systems are widely used in commercial, residential, and industrial buildings for both interior and outdoor illumination. The demand for lighting controls is rising worldwide since they are crucial for energy conservation.
Lighting sensors can be used to detect occupancy, daylight, and motion. This data can then be used to automate the operation of lighting systems, such as turning lights on and off automatically, adjusting the brightness of lights, and dimming lights when there is sufficient natural light. These sensors can help to improve energy efficiency by reducing the amount of time that lights are on unnecessarily. For example, occupancy sensors can turn off lights in empty rooms, and daylight harvesting systems can reduce the need for artificial light during the day. They can help to reduce operating costs by lowering energy bills. Additionally, they can reduce the need for maintenance and replacement of lighting fixtures. They can help to improve comfort and productivity by creating a more dynamic and responsive lighting environment. They can also be used to enhance security by detecting movement in areas where people should not be.
The break-up of the profile of primary participants in the building automation system market-
- By Company Type: Tier 1 – 30%, Tier 2 – 50%, Tier 3 – 20%
- By Designation Type: C Level – 25%, Director Level – 35%, Others – 40%
- By Region Type: North America – 35%, Europe –30 %, Asia Pacific – 25%, RoW – 10%,
Research Coverage
The report segments the building automation system market and forecasts its size based and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall building automation system market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (empowering building automation through remote monitoring and control), restraints (complexity of customizing building automation solution), opportunities (increasing government and stakeholders’ investments for the establishment of smart cities), and challenges (rapid technological evolution poses an obstacle to the building automation system growth)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the building automation system market
- Market Development: Comprehensive information about lucrative markets – the report analyses the building automation system market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the building automation system market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Honeywell International Inc. (US), Siemens (Germany), Johnson Controls (US), Schneider Electric (France), Carrier (US), and many more.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 BUILDING AUTOMATION SYSTEM MARKET: SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 CURRENCY CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.7 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 BUILDING AUTOMATION SYSTEM MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 Key secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key participants for primaries
2.1.2.3 Breakdown of primaries
2.1.2.4 Key industry insights
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY KEY PLAYERS IN BUILDING AUTOMATION SYSTEM MARKET
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATION OF KEY PLAYERS IN BUILDING AUTOMATION SYSTEM MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) —BOTTOM-UP ESTIMATION OF BUILDING AUTOMATION SYSTEM MARKET BASED ON REGION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET SHARE ESTIMATION
2.4 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RISK ASSESSMENT
TABLE 1 RISK ASSESSMENT
2.6 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON BUILDING AUTOMATION SYSTEM MARKET
2.7 RESEARCH ASSUMPTIONS
2.8 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
3.1 IMPACT OF RECESSION
FIGURE 9 BUILDING AUTOMATION SYSTEM MARKET: IMPACT OF RECESSION
FIGURE 10 SECURITY & ACCESS CONTROLS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2028
FIGURE 11 COMMERCIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028
FIGURE 12 WIRELESS TECHNOLOGIES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN BUILDING AUTOMATION SYSTEM MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BUILDING AUTOMATION SYSTEM MARKET
FIGURE 14 RISING FOCUS ON CONSTRUCTING ENERGY-EFFICIENT AND ECO-FRIENDLY BUILDINGS
4.2 BUILDING AUTOMATION SYSTEM MARKET, BY FACILITY MANAGEMENT SYSTEMS
FIGURE 15 HVAC CONTROLS SEGMENT TO HOLD LARGER MARKET SHARE IN 2023
4.3 BUILDING AUTOMATION SYSTEM MARKET, BY SECURITY AND ACCESS CONTROL TYPE
FIGURE 16 BIOMETRIC SYSTEMS SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
4.4 BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY
FIGURE 17 INDIA TO EXHIBIT HIGHEST CAGR IN BUILDING AUTOMATION SYSTEM MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 BUILDING AUTOMATION SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 High emphasis on constructing energy-efficient buildings
5.2.1.2 Incorporation of advanced surveillance and biometric technologies into building automation systems
5.2.1.3 Integration of IoT technologies and data analytics into building automation systems
5.2.1.4 Development of wireless protocols and wireless sensor network technology for building automation systems
5.2.1.5 Growing need to enhance occupant comfort, productivity, security, and safety in residential, commercial, and industrial sectors
FIGURE 19 BUILDING AUTOMATION SYSTEM MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Technical complexities associated with installation and maintenance and shortage of skilled professionals
5.2.2.2 Difficulties in customizing building automation systems
FIGURE 20 BUILDING AUTOMATION SYSTEM MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing investments by governments and various stakeholders in establishment of smart cities
5.2.3.2 Government-led initiatives to enhance energy efficiency and comply with green building standards
5.2.3.3 Integration of building automation systems with renewable energy sources
FIGURE 21 BUILDING AUTOMATION SYSTEM MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Lack of standardized communication protocols
5.2.4.2 Need to keep systems up-to-date with rapid technological advancements
FIGURE 22 BUILDING AUTOMATION MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 23 BUILDING AUTOMATION SYSTEM MARKET: SUPPLY CHAIN ANALYSIS
5.3.1 RESEARCH AND DEVELOPMENT (R&D)
5.3.2 PRODUCT MANUFACTURING
5.3.3 SYSTEM INTEGRATION
5.3.4 MARKETING AND SALES
5.3.5 APPLICATIONS
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 24 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.5 ECOSYSTEM MAPPING
TABLE 2 COMPANIES AND THEIR ROLE IN BUILDING AUTOMATION SYSTEM ECOSYSTEM
FIGURE 25 BUILDING AUTOMATION SYSTEM MARKET: ECOSYSTEM MAPPING
5.6 TECHNOLOGY ANALYSIS
5.6.1 AI-DRIVEN ANALYTICS
5.6.2 IP-BASED BUILDING AUTOMATION SYSTEMS
5.6.3 CLOUD-BASED FIRE PROTECTION SYSTEMS
5.6.4 THERMAL CAMERAS IN ACCESS CONTROL SYSTEMS
5.6.5 DIGITAL TWIN TECHNOLOGY IN BUILDING AUTOMATION
5.7 PORTER’S FIVE FORCES ANALYSIS
FIGURE 26 BUILDING AUTOMATION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 27 IMPACT OF PORTER’S FIVE FORCES
TABLE 3 BUILDING AUTOMATION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS
5.7.1 INTENSITY OF COMPETITIVE RIVALRY
5.7.2 THREAT OF NEW ENTRANTS
5.7.3 THREAT OF SUBSTITUTES
5.7.4 BARGAINING POWER OF BUYERS
5.7.5 BARGAINING POWER OF SUPPLIERS
5.8 CASE STUDY ANALYSIS
5.8.1 IVY LEAGUE UNIVERSITY PARTNERED WITH BUILDINGS IOT TO INSTALL LEGACY BUILDING SYSTEMS
5.8.2 SANTA CLARA-BASED SOFTWARE COMPANY PARTNERED WITH BUILDINGS IOT TO INCREASE OPERATIONAL EFFICIENCY BY INTEGRATING DIFFERENT DATA STREAMS INTO SINGLE REPOSITORY, UPGRADING AND CUSTOMIZING ANALYTICS
5.8.3 HIPPODROME PARIS-LONGCHAMP (SPORTS FACILITY IN FRANCE) UTILIZED LDALI-ME204-U DALI CONTROLLERS OF LOYTEC TO STREAMLINE LIGHTING CONTROL AND ENHANCE EFFICIENCY
5.9 PATENT ANALYSIS
5.9.1 DOCUMENT TYPE
TABLE 4 PATENTS FILED AND GRANTED, 2013–2022
FIGURE 28 PATENTS APPLIED AND ISSUED, 2013–2022
5.9.2 PUBLICATION TREND
FIGURE 29 NUMBER OF PATENTS PUBLISHED EACH YEAR, 2013–2022
5.9.3 JURISDICTION ANALYSIS
FIGURE 30 JURISDICTION ANALYSIS, 2013–2022
5.9.4 TOP PATENT OWNERS
FIGURE 31 TOP 10 PATENT OWNERS FROM 2013 TO 2022
TABLE 5 TOP 20 PUBLISHED PATENT OWNERS IN LAST 10 YEARS
5.10 TRADE ANALYSIS
FIGURE 32 COUNTRY-WISE EXPORT DATA FOR PRODUCTS UNDER HS CODE 8415, 2018–2022
TABLE 6 EXPORT DATA FOR HS CODE 8415-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 33 COUNTRY-WISE IMPORT DATA FOR PRODUCTS CLASSIFIED UNDER HS CODE 8415, 2018–2022
TABLE 7 IMPORT DATA FOR HS CODE 8415-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.11 PRICING ANALYSIS
5.11.1 AVERAGE SELLING PRICE (ASP) OF FACILITY MANAGEMENT SYSTEMS OFFERED BY TOP THREE PLAYERS, 2022 (USD)
TABLE 8 AVERAGE SELLING PRICE (ASP) OF FACILITY MANAGEMENT SYSTEMS OFFERED BY TOP THREE PLAYERS, 2022 (USD)
TABLE 9 HISTORIC AVERAGE SELLING PRICE (ASP) OF HVAC CONTROLS OFFERED BY THREE KEY PLAYERS, 2019–2022 (USD)
5.11.2 INDICATIVE PRICING OF HVAC, BY REGION, 2022 (USD)
5.12 TARIFF ANALYSIS
TABLE 10 MFN TARIFF RELATED TO PRODUCTS INCLUDED UNDER HS CODE: 8415 EXPORTED BY CHINA, 2022
5.13 STANDARDS AND REGULATORY LANDSCAPE
5.13.1 STANDARD RELATED TO BUILDING AUTOMATION SYSTEMS
TABLE 11 BUILDING AUTOMATION SYSTEM MARKET: STANDARDS
5.13.2 REGIONAL REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 KEY CONFERENCES AND EVENTS, 2023–2024
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR THREE KEY APPLICATIONS
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR THREE KEY APPLICATIONS (%)
5.15.2 KEY BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 17 KEY BUYING CRITERIA FOR THREE KEY APPLICATIONS
6 BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 36 BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING
FIGURE 37 SECURITY & ACCESS CONTROLS SEGMENT TO DOMINATE BUILDING AUTOMATION SYSTEM MARKET FROM 2023 TO 2028
TABLE 18 BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 19 BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
6.2 FACILITY MANAGEMENT SYSTEMS
TABLE 20 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION)
TABLE 21 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION)
TABLE 22 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 23 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 24 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 25 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 26 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 27 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 28 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 29 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 30 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 31 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.2.1 LIGHTING CONTROLS
6.2.1.1 Optimize energy efficiency and user comfort by intelligently managing and adjusting lighting levels
TABLE 32 BUILDING AUTOMATION SYSTEM MARKET, BY FACILITY MANAGEMENT SYSTEM TYPE, 2019–2022 (MILLION UNITS)
TABLE 33 BUILDING AUTOMATION SYSTEM MARKET, BY FACILITY MANAGEMENT SYSTEM TYPE, 2023–2028 (MILLION UNITS)
TABLE 34 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY LIGHTING CONTROL TYPE, 2019–2022 (USD MILLION)
TABLE 35 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY LIGHTING CONTROL TYPE, 2023–2028 (USD MILLION)
TABLE 36 LIGHTING CONTROL: FACILITY MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 37 LIGHTING CONTROL: FACILITY MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.2.1.1.1 Occupancy sensors
6.2.1.1.2 Daylight sensors
6.2.1.1.3 Relays
6.2.1.1.4 Timers
6.2.1.1.5 Dimming actuators
6.2.1.1.6 Switch actuators
6.2.1.1.7 Blind/Shutter actuators
6.2.1.1.8 Transmitters
6.2.1.1.9 Receivers
6.2.2 HVAC CONTROLS
6.2.2.1 Enhance indoor comfort and energy efficiency by regulating system-based occupancy, temperature, and environmental conditions
TABLE 38 HVAC CONTROLS: FACILITY MANAGEMENT SYSTEMS MARKET, BY HVAC COMPONENT, 2019–2022 (USD MILLION)
TABLE 39 HVAC CONTROLS: FACILITY MANAGEMENT SYSTEMS MARKET, BY HVAC COMPONENT, 2023–2028 (USD MILLION)
TABLE 40 HVAC CONTROLS: FACILITY MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 41 HVAC CONTROLS: FACILITY MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.2.2.1.1 Sensors
6.2.2.1.2 Smart thermostats
6.2.2.1.3 Control valves
6.2.2.1.3.1 Three-way valves
6.2.2.1.4 Heating and cooling coils
6.2.2.1.5 Dampers
6.2.2.1.5.1 Low-leakage dampers
6.2.2.1.5.2 Parallel- and opposed-blade dampers
6.2.2.1.5.3 Round dampers
6.2.2.1.6 Actuators
6.2.2.1.6.1 Hydraulic actuators
6.2.2.1.6.2 Pneumatic actuators
6.2.2.1.6.3 Electric actuators
6.2.2.1.7 Pumps and fans
6.2.2.1.8 Smart vents
6.3 SECURITY AND ACCESS CONTROLS
TABLE 42 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION)
TABLE 43 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION)
TABLE 44 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 45 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 46 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 47 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 48 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 49 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 50 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 51 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 52 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 53 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.3.1 VIDEO SURVEILLANCE SYSTEMS
6.3.1.1 Enable real-time monitoring and security and visual verification of events and deterrence of unauthorized access or incidents
TABLE 54 VIDEO SURVEILLANCE SYSTEMS: SECURITY AND ACCESS CONTROLS MARKET, BY PRODUCT, 2019–2022 (USD MILLION)
TABLE 55 VIDEO SURVEILLANCE SYSTEMS: SECURITY AND ACCESS CONTROLS MARKET, BY PRODUCT, 2023–2028 (USD MILLION)
TABLE 56 VIDEO SURVEILLANCE SYSTEMS: SECURITY AND ACCESS CONTROLS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 57 VIDEO SURVEILLANCE SYSTEMS: SECURITY AND ACCESS CONTROLS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.3.1.1.1 Hardware
TABLE 58 SECURITY AND ACCESS CONTROLS: VIDEO SURVEILLANCE SYSTEMS MARKET FOR HARDWARE, BY PRODUCT, 2019–2022 (USD MILLION)
TABLE 59 SECURITY AND ACCESS CONTROLS: VIDEO SURVEILLANCE SYSTEMS MARKET FOR HARDWARE, BY PRODUCT, 2023–2028 (USD MILLION)
6.3.1.1.1.1 Cameras
6.3.1.1.1.2 Monitors
6.3.1.1.1.3 Storage systems
6.3.1.1.1.4 Accessories
6.3.1.1.2 Software/Video analytics
6.3.1.1.3 Services
6.3.2 BIOMETRIC SYSTEMS
6.3.2.1 Enhance security through advanced access control and user identification based on unique physiological or behavioral traits
TABLE 60 BIOMETRIC SYSTEMS: SECURITY & ACCESS CONTROLS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 61 BIOMETRIC SYSTEMS: SECURITY & ACCESS CONTROLS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.4 FIRE PROTECTION SYSTEMS
TABLE 62 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY COMPONENT, 2019–2022 (USD MILLION)
TABLE 63 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
TABLE 64 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 65 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 66 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 67 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 68 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 69 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 70 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 71 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 72 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 73 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.4.1 SENSORS AND DETECTORS
6.4.1.1 Detect emergencies at initial stages to avoid accidents
6.4.1.1.1 Smoke detectors
6.4.1.1.2 Flame detectors
6.4.1.1.3 Others
6.4.2 FIRE SPRINKLERS
6.4.2.1 Provide automatic fire suppression, enhancing safety and property protection in event of fire
6.4.3 FIRE ALARMS
6.4.3.1 Warn occupants about occurrence of fire breakouts
6.4.4 EMERGENCY LIGHTING, VOICE EVACUATION, AND PUBLIC ALERT DEVICES
6.4.4.1 Ensure safety by providing illumination, clear instructions, and timely alerts during critical situations
6.5 BUILDING ENERGY MANAGEMENT SOFTWARE
6.5.1 OPTIMIZES ENERGY CONSUMPTION, REDUCES COSTS, AND ENHANCES SUSTAINABILITY BY MONITORING, ANALYZING, AND CONTROLLING ENERGY USAGE
TABLE 74 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 75 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 76 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 77 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 78 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 79 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 80 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 81 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 82 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 83 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.6 BUILDING AUTOMATION SYSTEM (BAS) SERVICES
TABLE 84 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 85 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 86 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 87 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 88 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 89 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 90 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 91 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 92 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 93 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.6.1 INSTALLATION AND MAINTENANCE
6.6.1.1 Essential to guarantee effective functionality and prolonged operational life of BAS
6.6.2 TRAINING
6.6.2.1 Enables staff to effectively manage, monitor, and control BAS
6.7 OTHERS
TABLE 94 OTHERS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 95 OTHERS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 96 OTHERS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 97 OTHERS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 98 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 99 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 100 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 101 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 102 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 103 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
7 BUILDING AUTOMATION SYSTEM MARKET, BY COMMUNICATION TECHNOLOGY
7.1 INTRODUCTION
FIGURE 38 WIRELESS TECHNOLOGIES SEGMENT TO HOLD LARGER MARKET SHARE IN 2028
TABLE 104 BUILDING AUTOMATION SYSTEM MARKET, BY COMMUNICATION TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 105 BUILDING AUTOMATION SYSTEM MARKET, BY COMMUNICATION TECHNOLOGY, 2023–2028 (USD MILLION)
7.2 WIRELESS TECHNOLOGIES
7.2.1 ZIGBEE
7.2.1.1 Ideal for commercial and residential applications due to low power consumption and cost
7.2.2 ENOCEAN
7.2.2.1 Pioneers battery-free building automation technology with energy harvesting feature
7.2.3 Z-WAVE
7.2.3.1 Engineered for automation of processes, enabling remote control of various devices and applications
7.2.4 WI-FI
7.2.4.1 Empowers seamless connectivity and control in building automation systems, enhancing efficiency and convenience
7.2.5 BLUETOOTH
7.2.5.1 Ideal for short-range communication in personal area networks (PANs)
7.2.6 THREAD
7.2.6.1 Enhances real-time control and monitoring of various building functions, optimizing energy efficiency and occupant comfort
7.2.7 INFRARED
7.2.7.1 Used for occupancy sensing and remote control, enhancing energy efficiency and user comfort
7.3 WIRED TECHNOLOGIES
7.3.1 DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI)
7.3.1.1 Used for precise control and management of lighting systems, enabling individual luminaire control and energy efficiency
7.3.2 KONNEX (KNX)
7.3.2.1 Standardized platform for managing and automating lighting, HVAC, security, and energy systems, promoting seamless integration and control
7.3.3 LONWORKS
7.3.3.1 Enables seamless communication and integration of various systems, improving efficiency and control of building functions
7.3.4 BUILDING AUTOMATION AND CONTROL NETWORK (BACNET)
7.3.4.1 Streamlines communication and integration in building automation systems to enhance control and management of various building functions
7.3.5 MODBUS
7.3.5.1 Widely used communication protocol for facilitating data exchange among various devices and systems, enhancing control and monitoring capabilities
8 BUILDING AUTOMATION MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 39 BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION
FIGURE 40 INDUSTRIAL APPLICATION SEGMENT TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
TABLE 106 BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 107 BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.2 RESIDENTIAL
8.2.1 RISING NUMBER OF INTERNET OF THINGS (IOT)-EQUIPPED SMART HOMES TO DRIVE DEMAND
8.2.1.1 DIY home automation
TABLE 108 RESIDENTIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 109 RESIDENTIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
8.3 COMMERCIAL
8.3.1 OFFICE BUILDINGS
8.3.1.1 Growing use to enhance energy efficiency and occupant comfort in office buildings through centralized control of various systems to fuel segmental growth
8.3.2 RETAIL AND PUBLIC ASSEMBLY BUILDINGS
8.3.2.1 Rising adoption to optimize energy management and create comfortable, safe environments in retail and public assembly buildings to drive market
8.3.3 HOSPITALS AND HEALTHCARE FACILITIES
8.3.3.1 Need to improve patient care and operational efficiency in hospitals and healthcare facilities by regulating critical systems to drive demand
8.3.4 AIRPORTS AND RAILWAY STATIONS
8.3.4.1 Capability to enhance security, operational efficiency, and passenger comfort at airports and railway stations through intelligent control of various systems to fuel demand
TABLE 110 COMMERCIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 111 COMMERCIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
8.4 INDUSTRIAL
8.4.1 INCREASING ADOPTION TO ACHIEVE ENERGY AND COST SAVINGS TO DRIVE MARKET
FIGURE 41 BUILDING ENERGY MANAGEMENT SOFTWARE SEGMENT TO REGISTER HIGHEST CAGR IN BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL DURING FORECAST PERIOD
TABLE 112 INDUSTRIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 113 INDUSTRIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9 BUILDING AUTOMATION SYSTEM MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 42 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF BUILDING AUTOMATION SYSTEM MARKET IN 2028
TABLE 114 BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 115 BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 43 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET SNAPSHOT
TABLE 116 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 117 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 118 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 119 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9.2.1 NORTH AMERICA: RECESSION IMPACT
9.2.2 US
9.2.2.1 Government-led initiatives aimed at conserving energy and reducing operational expenses
9.2.3 CANADA
9.2.3.1 Strong commitment to transition toward low-carbon economy
9.2.4 MEXICO
9.2.4.1 Growing emphasis on constructing environmentally friendly buildings
9.3 EUROPE
FIGURE 44 EUROPE: BUILDING AUTOMATION SYSTEM MARKET SNAPSHOT
TABLE 120 EUROPE: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 121 EUROPE: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 122 EUROPE: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 123 EUROPE: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9.3.1 EUROPE: IMPACT OF RECESSION
9.3.2 UK
9.3.2.1 Technological advancements and rising infrastructure development
9.3.3 GERMANY
9.3.3.1 Presence of energy efficiency regulations and increasing demand for HVAC and lighting control systems in residential, commercial, and industrial sectors
9.3.4 FRANCE
9.3.4.1 Need to adhere to regulatory compliance and energy efficiency initiatives
9.3.5 ITALY
9.3.5.1 Growing demand for building automation systems in commercial and healthcare facilities
9.3.6 REST OF EUROPE
9.4 ASIA PACIFIC
FIGURE 45 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET SNAPSHOT
FIGURE 46 INDIA TO REGISTER HIGHEST CAGR IN ASIA PACIFIC BUILDING AUTOMATION SYSTEM MARKET FROM 2023 TO 2028
TABLE 124 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 125 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 126 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 127 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9.4.1 ASIA PACIFIC: IMPACT OF RECESSION
9.4.2 CHINA
9.4.2.1 Rapid urbanization, economic growth, and development of smart cities
9.4.3 JAPAN
9.4.3.1 Commitment to sustainability and presence of strict environmental regulations
9.4.4 INDIA
9.4.4.1 Growing adoption in commercial and industrial sectors and surge in construction activities
9.4.5 SOUTH KOREA
9.4.5.1 Increasing emphasis on energy conservation and continued government-led initiatives to promote building automation systems
9.4.6 REST OF ASIA PACIFIC
9.5 ROW
FIGURE 47 SOUTH AMERICA TO REGISTER HIGHER CAGR IN ROW BUILDING AUTOMATION SYSTEM MARKET FROM 2023 TO 2028
TABLE 128 ROW: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 129 ROW: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 130 ROW: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 131 ROW: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9.5.1 ROW: IMPACT OF RECESSION
9.5.2 SOUTH AMERICA
9.5.2.1 Increased construction activities and need for energy-efficient building solutions
9.5.3 MIDDLE EAST & AFRICA
9.5.3.1 Rapid urbanization and increasing construction activities
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS
FIGURE 48 BUILDING AUTOMATION SYSTEM MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY LEADING PLAYERS, 2021–2023
10.3 MARKET SHARE ANALYSIS, 2022
TABLE 132 BUILDING AUTOMATION SYSTEM MARKET: DEGREE OF COMPETITION
FIGURE 49 BUILDING AUTOMATION SYSTEM MARKET SHARE ANALYSIS, 2022
10.4 REVENUE ANALYSIS, 2018–2022
FIGURE 50 BUILDING AUTOMATION SYSTEM MARKET: REVENUE ANALYSIS OF FOUR KEY COMPANIES, 2018–2022
10.5 COMPANY EVALUATION MATRIX, 2022
FIGURE 51 BUILDING AUTOMATION SYSTEM MARKET: COMPANY EVALUATION MATRIX, 2022
10.5.1 STARS
10.5.2 EMERGING LEADERS
10.5.3 PERVASIVE PLAYERS
10.5.4 PARTICIPANTS
10.6 COMPANY FOOTPRINT
TABLE 133 OVERALL COMPANY FOOTPRINT
TABLE 134 APPLICATION: COMPANY FOOTPRINT
TABLE 135 REGION: COMPANY FOOTPRINT
10.7 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022
FIGURE 52 BUILDING AUTOMATION SYSTEM MARKET: STARTUPS/SMES EVALUATION MATRIX, 2022
10.7.1 PROGRESSIVE COMPANIES
10.7.2 RESPONSIVE COMPANIES
10.7.3 DYNAMIC COMPANIES
10.7.4 STARTING BLOCKS
10.8 LIST OF KEY STARTUPS/SMES
TABLE 136 BUILDING AUTOMATION SYSTEM MARKET: LIST OF KEY STARTUPS/SMES
10.9 COMPETITIVE BENCHMARKING
TABLE 137 BUILDING AUTOMATION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
10.10 COMPETITIVE SCENARIOS AND TRENDS
10.10.1 PRODUCT LAUNCHES
TABLE 138 BUILDING AUTOMATION SYSTEM MARKET: PRODUCT LAUNCHES, 2022–2023
10.10.2 DEALS
TABLE 139 BUILDING AUTOMATION SYSTEM MARKET: DEALS, 2022–2023 191" "11 COMPANY PROFILES
11.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
11.1.1 HONEYWELL INTERNATIONAL INC.
TABLE 140 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 53 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 141 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 142 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 143 HONEYWELL INTERNATIONAL INC.: DEALS
11.1.2 SIEMENS
TABLE 144 SIEMENS: COMPANY OVERVIEW
FIGURE 54 SIEMENS: COMPANY SNAPSHOT
TABLE 145 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 146 SIEMENS: PRODUCT LAUNCHES
TABLE 147 SIEMENS: DEALS
11.1.3 JOHNSON CONTROLS
TABLE 148 JOHNSON CONTROLS: COMPANY OVERVIEW
FIGURE 55 JOHNSON CONTROLS: COMPANY SNAPSHOT
TABLE 149 JOHNSON CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 150 JOHNSON CONTROLS: PRODUCT LAUNCHES
TABLE 151 JOHNSON CONTROLS: DEALS
11.1.4 SCHNEIDER ELECTRIC
TABLE 152 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
FIGURE 56 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
TABLE 153 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 154 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
TABLE 155 SCHNEIDER ELECTRIC: DEALS
11.1.5 CARRIER
TABLE 156 CARRIER: COMPANY OVERVIEW
FIGURE 57 CARRIER: COMPANY SNAPSHOT
TABLE 157 CARRIER: PRODUCT/SOLUTIONS/SERVICES OFFERED
TABLE 158 CARRIER: PRODUCT LAUNCHES
TABLE 159 CARRIER: DEALS
11.1.6 ROBERT BOSCH GMBH
TABLE 160 ROBERT BOSCH GMBH: COMPANY OVERVIEW
FIGURE 58 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 161 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 162 ROBERT BOSCH GMBH: PRODUCT LAUNCHES
TABLE 163 ROBERT BOSCH GMBH: DEALS
11.1.7 LEGRAND
TABLE 164 LEGRAND: COMPANY OVERVIEW
FIGURE 59 LEGRAND: COMPANY SNAPSHOT
TABLE 165 LEGRAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 166 LEGRAND: PRODUCT LAUNCHES
TABLE 167 LEGRAND: DEALS
11.1.8 HUBBELL
TABLE 168 HUBBELL: COMPANY OVERVIEW
FIGURE 60 HUBBELL: COMPANY SNAPSHOT
TABLE 169 HUBBELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 170 HUBBELL: PRODUCT LAUNCHES
TABLE 171 HUBBELL: DEALS
11.1.9 ABB
TABLE 172 ABB: COMPANY OVERVIEW
FIGURE 61 ABB: COMPANY SNAPSHOT
TABLE 173 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 174 ABB: PRODUCT LAUNCHES
TABLE 175 ABB: DEALS
11.1.10 TRANE TECHNOLOGIES PLC
TABLE 176 TRANE TECHNOLOGIES PLC: COMPANY OVERVIEW
FIGURE 62 TRANE TECHNOLOGIES PLC: COMPANY SNAPSHOT
TABLE 177 TRANE TECHNOLOGIES PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 178 TRANE TECHNOLOGIES PLC: PRODUCT LAUNCHES
TABLE 179 TRANE TECHNOLOGIES PLC: DEALS
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
11.2 OTHER PLAYERS
11.2.1 LUTRON ELECTRONICS CO., INC.
11.2.2 CRESTRON ELECTRONICS, INC.
11.2.3 HITACHI, LTD.
11.2.4 DELTA CONTROLS
11.2.5 BECKHOFF AUTOMATION
11.2.6 LENNOX INTERNATIONAL INC.
11.2.7 CURRENT LIGHTING SOLUTIONS, LLC
11.2.8 ACUITY BRANDS, INC.
11.2.9 DIALIGHT
11.2.10 CISCO SYSTEMS, INC.
11.2.11 ROCKWELL AUTOMATION
11.2.12 SNAP ONE, LLC
11.2.13 SIGNIFY HOLDING
11.2.14 EMERSON ELECTRIC CO.
11.2.15 LEVITON MANUFACTURING CO., INC.
11.2.16 MITSUBISHI ELECTRIC CORPORATION
11.2.17 HUAWEI TECHNOLOGIES CO., LTD.
11.2.18 BEIJER ELECTRONICS, INC.
11.2.19 BAJAJ ELECTRICALS LTD
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 BUILDING AUTOMATION SYSTEM MARKET: SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 CURRENCY CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.7 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 BUILDING AUTOMATION SYSTEM MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 Key secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key participants for primaries
2.1.2.3 Breakdown of primaries
2.1.2.4 Key industry insights
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY KEY PLAYERS IN BUILDING AUTOMATION SYSTEM MARKET
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATION OF KEY PLAYERS IN BUILDING AUTOMATION SYSTEM MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) —BOTTOM-UP ESTIMATION OF BUILDING AUTOMATION SYSTEM MARKET BASED ON REGION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET SHARE ESTIMATION
2.4 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RISK ASSESSMENT
TABLE 1 RISK ASSESSMENT
2.6 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON BUILDING AUTOMATION SYSTEM MARKET
2.7 RESEARCH ASSUMPTIONS
2.8 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
3.1 IMPACT OF RECESSION
FIGURE 9 BUILDING AUTOMATION SYSTEM MARKET: IMPACT OF RECESSION
FIGURE 10 SECURITY & ACCESS CONTROLS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2028
FIGURE 11 COMMERCIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028
FIGURE 12 WIRELESS TECHNOLOGIES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN BUILDING AUTOMATION SYSTEM MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BUILDING AUTOMATION SYSTEM MARKET
FIGURE 14 RISING FOCUS ON CONSTRUCTING ENERGY-EFFICIENT AND ECO-FRIENDLY BUILDINGS
4.2 BUILDING AUTOMATION SYSTEM MARKET, BY FACILITY MANAGEMENT SYSTEMS
FIGURE 15 HVAC CONTROLS SEGMENT TO HOLD LARGER MARKET SHARE IN 2023
4.3 BUILDING AUTOMATION SYSTEM MARKET, BY SECURITY AND ACCESS CONTROL TYPE
FIGURE 16 BIOMETRIC SYSTEMS SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
4.4 BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY
FIGURE 17 INDIA TO EXHIBIT HIGHEST CAGR IN BUILDING AUTOMATION SYSTEM MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 BUILDING AUTOMATION SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 High emphasis on constructing energy-efficient buildings
5.2.1.2 Incorporation of advanced surveillance and biometric technologies into building automation systems
5.2.1.3 Integration of IoT technologies and data analytics into building automation systems
5.2.1.4 Development of wireless protocols and wireless sensor network technology for building automation systems
5.2.1.5 Growing need to enhance occupant comfort, productivity, security, and safety in residential, commercial, and industrial sectors
FIGURE 19 BUILDING AUTOMATION SYSTEM MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Technical complexities associated with installation and maintenance and shortage of skilled professionals
5.2.2.2 Difficulties in customizing building automation systems
FIGURE 20 BUILDING AUTOMATION SYSTEM MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing investments by governments and various stakeholders in establishment of smart cities
5.2.3.2 Government-led initiatives to enhance energy efficiency and comply with green building standards
5.2.3.3 Integration of building automation systems with renewable energy sources
FIGURE 21 BUILDING AUTOMATION SYSTEM MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Lack of standardized communication protocols
5.2.4.2 Need to keep systems up-to-date with rapid technological advancements
FIGURE 22 BUILDING AUTOMATION MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 23 BUILDING AUTOMATION SYSTEM MARKET: SUPPLY CHAIN ANALYSIS
5.3.1 RESEARCH AND DEVELOPMENT (R&D)
5.3.2 PRODUCT MANUFACTURING
5.3.3 SYSTEM INTEGRATION
5.3.4 MARKETING AND SALES
5.3.5 APPLICATIONS
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 24 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.5 ECOSYSTEM MAPPING
TABLE 2 COMPANIES AND THEIR ROLE IN BUILDING AUTOMATION SYSTEM ECOSYSTEM
FIGURE 25 BUILDING AUTOMATION SYSTEM MARKET: ECOSYSTEM MAPPING
5.6 TECHNOLOGY ANALYSIS
5.6.1 AI-DRIVEN ANALYTICS
5.6.2 IP-BASED BUILDING AUTOMATION SYSTEMS
5.6.3 CLOUD-BASED FIRE PROTECTION SYSTEMS
5.6.4 THERMAL CAMERAS IN ACCESS CONTROL SYSTEMS
5.6.5 DIGITAL TWIN TECHNOLOGY IN BUILDING AUTOMATION
5.7 PORTER’S FIVE FORCES ANALYSIS
FIGURE 26 BUILDING AUTOMATION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 27 IMPACT OF PORTER’S FIVE FORCES
TABLE 3 BUILDING AUTOMATION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS
5.7.1 INTENSITY OF COMPETITIVE RIVALRY
5.7.2 THREAT OF NEW ENTRANTS
5.7.3 THREAT OF SUBSTITUTES
5.7.4 BARGAINING POWER OF BUYERS
5.7.5 BARGAINING POWER OF SUPPLIERS
5.8 CASE STUDY ANALYSIS
5.8.1 IVY LEAGUE UNIVERSITY PARTNERED WITH BUILDINGS IOT TO INSTALL LEGACY BUILDING SYSTEMS
5.8.2 SANTA CLARA-BASED SOFTWARE COMPANY PARTNERED WITH BUILDINGS IOT TO INCREASE OPERATIONAL EFFICIENCY BY INTEGRATING DIFFERENT DATA STREAMS INTO SINGLE REPOSITORY, UPGRADING AND CUSTOMIZING ANALYTICS
5.8.3 HIPPODROME PARIS-LONGCHAMP (SPORTS FACILITY IN FRANCE) UTILIZED LDALI-ME204-U DALI CONTROLLERS OF LOYTEC TO STREAMLINE LIGHTING CONTROL AND ENHANCE EFFICIENCY
5.9 PATENT ANALYSIS
5.9.1 DOCUMENT TYPE
TABLE 4 PATENTS FILED AND GRANTED, 2013–2022
FIGURE 28 PATENTS APPLIED AND ISSUED, 2013–2022
5.9.2 PUBLICATION TREND
FIGURE 29 NUMBER OF PATENTS PUBLISHED EACH YEAR, 2013–2022
5.9.3 JURISDICTION ANALYSIS
FIGURE 30 JURISDICTION ANALYSIS, 2013–2022
5.9.4 TOP PATENT OWNERS
FIGURE 31 TOP 10 PATENT OWNERS FROM 2013 TO 2022
TABLE 5 TOP 20 PUBLISHED PATENT OWNERS IN LAST 10 YEARS
5.10 TRADE ANALYSIS
FIGURE 32 COUNTRY-WISE EXPORT DATA FOR PRODUCTS UNDER HS CODE 8415, 2018–2022
TABLE 6 EXPORT DATA FOR HS CODE 8415-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 33 COUNTRY-WISE IMPORT DATA FOR PRODUCTS CLASSIFIED UNDER HS CODE 8415, 2018–2022
TABLE 7 IMPORT DATA FOR HS CODE 8415-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.11 PRICING ANALYSIS
5.11.1 AVERAGE SELLING PRICE (ASP) OF FACILITY MANAGEMENT SYSTEMS OFFERED BY TOP THREE PLAYERS, 2022 (USD)
TABLE 8 AVERAGE SELLING PRICE (ASP) OF FACILITY MANAGEMENT SYSTEMS OFFERED BY TOP THREE PLAYERS, 2022 (USD)
TABLE 9 HISTORIC AVERAGE SELLING PRICE (ASP) OF HVAC CONTROLS OFFERED BY THREE KEY PLAYERS, 2019–2022 (USD)
5.11.2 INDICATIVE PRICING OF HVAC, BY REGION, 2022 (USD)
5.12 TARIFF ANALYSIS
TABLE 10 MFN TARIFF RELATED TO PRODUCTS INCLUDED UNDER HS CODE: 8415 EXPORTED BY CHINA, 2022
5.13 STANDARDS AND REGULATORY LANDSCAPE
5.13.1 STANDARD RELATED TO BUILDING AUTOMATION SYSTEMS
TABLE 11 BUILDING AUTOMATION SYSTEM MARKET: STANDARDS
5.13.2 REGIONAL REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 KEY CONFERENCES AND EVENTS, 2023–2024
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR THREE KEY APPLICATIONS
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR THREE KEY APPLICATIONS (%)
5.15.2 KEY BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 17 KEY BUYING CRITERIA FOR THREE KEY APPLICATIONS
6 BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 36 BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING
FIGURE 37 SECURITY & ACCESS CONTROLS SEGMENT TO DOMINATE BUILDING AUTOMATION SYSTEM MARKET FROM 2023 TO 2028
TABLE 18 BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 19 BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
6.2 FACILITY MANAGEMENT SYSTEMS
TABLE 20 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION)
TABLE 21 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION)
TABLE 22 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 23 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 24 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 25 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 26 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 27 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 28 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 29 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 30 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 31 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.2.1 LIGHTING CONTROLS
6.2.1.1 Optimize energy efficiency and user comfort by intelligently managing and adjusting lighting levels
TABLE 32 BUILDING AUTOMATION SYSTEM MARKET, BY FACILITY MANAGEMENT SYSTEM TYPE, 2019–2022 (MILLION UNITS)
TABLE 33 BUILDING AUTOMATION SYSTEM MARKET, BY FACILITY MANAGEMENT SYSTEM TYPE, 2023–2028 (MILLION UNITS)
TABLE 34 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY LIGHTING CONTROL TYPE, 2019–2022 (USD MILLION)
TABLE 35 FACILITY MANAGEMENT SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY LIGHTING CONTROL TYPE, 2023–2028 (USD MILLION)
TABLE 36 LIGHTING CONTROL: FACILITY MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 37 LIGHTING CONTROL: FACILITY MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.2.1.1.1 Occupancy sensors
6.2.1.1.2 Daylight sensors
6.2.1.1.3 Relays
6.2.1.1.4 Timers
6.2.1.1.5 Dimming actuators
6.2.1.1.6 Switch actuators
6.2.1.1.7 Blind/Shutter actuators
6.2.1.1.8 Transmitters
6.2.1.1.9 Receivers
6.2.2 HVAC CONTROLS
6.2.2.1 Enhance indoor comfort and energy efficiency by regulating system-based occupancy, temperature, and environmental conditions
TABLE 38 HVAC CONTROLS: FACILITY MANAGEMENT SYSTEMS MARKET, BY HVAC COMPONENT, 2019–2022 (USD MILLION)
TABLE 39 HVAC CONTROLS: FACILITY MANAGEMENT SYSTEMS MARKET, BY HVAC COMPONENT, 2023–2028 (USD MILLION)
TABLE 40 HVAC CONTROLS: FACILITY MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 41 HVAC CONTROLS: FACILITY MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.2.2.1.1 Sensors
6.2.2.1.2 Smart thermostats
6.2.2.1.3 Control valves
6.2.2.1.3.1 Three-way valves
6.2.2.1.4 Heating and cooling coils
6.2.2.1.5 Dampers
6.2.2.1.5.1 Low-leakage dampers
6.2.2.1.5.2 Parallel- and opposed-blade dampers
6.2.2.1.5.3 Round dampers
6.2.2.1.6 Actuators
6.2.2.1.6.1 Hydraulic actuators
6.2.2.1.6.2 Pneumatic actuators
6.2.2.1.6.3 Electric actuators
6.2.2.1.7 Pumps and fans
6.2.2.1.8 Smart vents
6.3 SECURITY AND ACCESS CONTROLS
TABLE 42 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION)
TABLE 43 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION)
TABLE 44 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 45 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 46 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 47 SECURITY AND ACCESS CONTROLS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 48 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 49 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 50 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 51 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 52 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 53 SECURITY AND ACCESS CONTROL: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.3.1 VIDEO SURVEILLANCE SYSTEMS
6.3.1.1 Enable real-time monitoring and security and visual verification of events and deterrence of unauthorized access or incidents
TABLE 54 VIDEO SURVEILLANCE SYSTEMS: SECURITY AND ACCESS CONTROLS MARKET, BY PRODUCT, 2019–2022 (USD MILLION)
TABLE 55 VIDEO SURVEILLANCE SYSTEMS: SECURITY AND ACCESS CONTROLS MARKET, BY PRODUCT, 2023–2028 (USD MILLION)
TABLE 56 VIDEO SURVEILLANCE SYSTEMS: SECURITY AND ACCESS CONTROLS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 57 VIDEO SURVEILLANCE SYSTEMS: SECURITY AND ACCESS CONTROLS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.3.1.1.1 Hardware
TABLE 58 SECURITY AND ACCESS CONTROLS: VIDEO SURVEILLANCE SYSTEMS MARKET FOR HARDWARE, BY PRODUCT, 2019–2022 (USD MILLION)
TABLE 59 SECURITY AND ACCESS CONTROLS: VIDEO SURVEILLANCE SYSTEMS MARKET FOR HARDWARE, BY PRODUCT, 2023–2028 (USD MILLION)
6.3.1.1.1.1 Cameras
6.3.1.1.1.2 Monitors
6.3.1.1.1.3 Storage systems
6.3.1.1.1.4 Accessories
6.3.1.1.2 Software/Video analytics
6.3.1.1.3 Services
6.3.2 BIOMETRIC SYSTEMS
6.3.2.1 Enhance security through advanced access control and user identification based on unique physiological or behavioral traits
TABLE 60 BIOMETRIC SYSTEMS: SECURITY & ACCESS CONTROLS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 61 BIOMETRIC SYSTEMS: SECURITY & ACCESS CONTROLS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.4 FIRE PROTECTION SYSTEMS
TABLE 62 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY COMPONENT, 2019–2022 (USD MILLION)
TABLE 63 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
TABLE 64 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 65 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 66 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 67 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 68 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 69 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 70 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 71 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 72 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 73 FIRE PROTECTION SYSTEMS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.4.1 SENSORS AND DETECTORS
6.4.1.1 Detect emergencies at initial stages to avoid accidents
6.4.1.1.1 Smoke detectors
6.4.1.1.2 Flame detectors
6.4.1.1.3 Others
6.4.2 FIRE SPRINKLERS
6.4.2.1 Provide automatic fire suppression, enhancing safety and property protection in event of fire
6.4.3 FIRE ALARMS
6.4.3.1 Warn occupants about occurrence of fire breakouts
6.4.4 EMERGENCY LIGHTING, VOICE EVACUATION, AND PUBLIC ALERT DEVICES
6.4.4.1 Ensure safety by providing illumination, clear instructions, and timely alerts during critical situations
6.5 BUILDING ENERGY MANAGEMENT SOFTWARE
6.5.1 OPTIMIZES ENERGY CONSUMPTION, REDUCES COSTS, AND ENHANCES SUSTAINABILITY BY MONITORING, ANALYZING, AND CONTROLLING ENERGY USAGE
TABLE 74 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 75 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 76 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 77 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 78 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 79 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 80 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 81 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 82 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 83 BUILDING ENERGY MANAGEMENT SOFTWARE: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.6 BUILDING AUTOMATION SYSTEM (BAS) SERVICES
TABLE 84 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 85 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 86 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 87 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 88 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 89 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 90 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 91 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 92 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 93 BAS SERVICES: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
6.6.1 INSTALLATION AND MAINTENANCE
6.6.1.1 Essential to guarantee effective functionality and prolonged operational life of BAS
6.6.2 TRAINING
6.6.2.1 Enables staff to effectively manage, monitor, and control BAS
6.7 OTHERS
TABLE 94 OTHERS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 95 OTHERS: BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 96 OTHERS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 97 OTHERS: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 98 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 99 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR RESIDENTIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 100 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 101 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2023–2028 (USD MILLION)
TABLE 102 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2019–2022 (USD MILLION)
TABLE 103 OTHERS: BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2023–2028 (USD MILLION)
7 BUILDING AUTOMATION SYSTEM MARKET, BY COMMUNICATION TECHNOLOGY
7.1 INTRODUCTION
FIGURE 38 WIRELESS TECHNOLOGIES SEGMENT TO HOLD LARGER MARKET SHARE IN 2028
TABLE 104 BUILDING AUTOMATION SYSTEM MARKET, BY COMMUNICATION TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 105 BUILDING AUTOMATION SYSTEM MARKET, BY COMMUNICATION TECHNOLOGY, 2023–2028 (USD MILLION)
7.2 WIRELESS TECHNOLOGIES
7.2.1 ZIGBEE
7.2.1.1 Ideal for commercial and residential applications due to low power consumption and cost
7.2.2 ENOCEAN
7.2.2.1 Pioneers battery-free building automation technology with energy harvesting feature
7.2.3 Z-WAVE
7.2.3.1 Engineered for automation of processes, enabling remote control of various devices and applications
7.2.4 WI-FI
7.2.4.1 Empowers seamless connectivity and control in building automation systems, enhancing efficiency and convenience
7.2.5 BLUETOOTH
7.2.5.1 Ideal for short-range communication in personal area networks (PANs)
7.2.6 THREAD
7.2.6.1 Enhances real-time control and monitoring of various building functions, optimizing energy efficiency and occupant comfort
7.2.7 INFRARED
7.2.7.1 Used for occupancy sensing and remote control, enhancing energy efficiency and user comfort
7.3 WIRED TECHNOLOGIES
7.3.1 DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI)
7.3.1.1 Used for precise control and management of lighting systems, enabling individual luminaire control and energy efficiency
7.3.2 KONNEX (KNX)
7.3.2.1 Standardized platform for managing and automating lighting, HVAC, security, and energy systems, promoting seamless integration and control
7.3.3 LONWORKS
7.3.3.1 Enables seamless communication and integration of various systems, improving efficiency and control of building functions
7.3.4 BUILDING AUTOMATION AND CONTROL NETWORK (BACNET)
7.3.4.1 Streamlines communication and integration in building automation systems to enhance control and management of various building functions
7.3.5 MODBUS
7.3.5.1 Widely used communication protocol for facilitating data exchange among various devices and systems, enhancing control and monitoring capabilities
8 BUILDING AUTOMATION MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 39 BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION
FIGURE 40 INDUSTRIAL APPLICATION SEGMENT TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
TABLE 106 BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 107 BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.2 RESIDENTIAL
8.2.1 RISING NUMBER OF INTERNET OF THINGS (IOT)-EQUIPPED SMART HOMES TO DRIVE DEMAND
8.2.1.1 DIY home automation
TABLE 108 RESIDENTIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 109 RESIDENTIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
8.3 COMMERCIAL
8.3.1 OFFICE BUILDINGS
8.3.1.1 Growing use to enhance energy efficiency and occupant comfort in office buildings through centralized control of various systems to fuel segmental growth
8.3.2 RETAIL AND PUBLIC ASSEMBLY BUILDINGS
8.3.2.1 Rising adoption to optimize energy management and create comfortable, safe environments in retail and public assembly buildings to drive market
8.3.3 HOSPITALS AND HEALTHCARE FACILITIES
8.3.3.1 Need to improve patient care and operational efficiency in hospitals and healthcare facilities by regulating critical systems to drive demand
8.3.4 AIRPORTS AND RAILWAY STATIONS
8.3.4.1 Capability to enhance security, operational efficiency, and passenger comfort at airports and railway stations through intelligent control of various systems to fuel demand
TABLE 110 COMMERCIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 111 COMMERCIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
8.4 INDUSTRIAL
8.4.1 INCREASING ADOPTION TO ACHIEVE ENERGY AND COST SAVINGS TO DRIVE MARKET
FIGURE 41 BUILDING ENERGY MANAGEMENT SOFTWARE SEGMENT TO REGISTER HIGHEST CAGR IN BUILDING AUTOMATION SYSTEM MARKET FOR INDUSTRIAL DURING FORECAST PERIOD
TABLE 112 INDUSTRIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 113 INDUSTRIAL: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9 BUILDING AUTOMATION SYSTEM MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 42 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF BUILDING AUTOMATION SYSTEM MARKET IN 2028
TABLE 114 BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 115 BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 43 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET SNAPSHOT
TABLE 116 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 117 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 118 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 119 NORTH AMERICA: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9.2.1 NORTH AMERICA: RECESSION IMPACT
9.2.2 US
9.2.2.1 Government-led initiatives aimed at conserving energy and reducing operational expenses
9.2.3 CANADA
9.2.3.1 Strong commitment to transition toward low-carbon economy
9.2.4 MEXICO
9.2.4.1 Growing emphasis on constructing environmentally friendly buildings
9.3 EUROPE
FIGURE 44 EUROPE: BUILDING AUTOMATION SYSTEM MARKET SNAPSHOT
TABLE 120 EUROPE: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 121 EUROPE: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 122 EUROPE: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 123 EUROPE: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9.3.1 EUROPE: IMPACT OF RECESSION
9.3.2 UK
9.3.2.1 Technological advancements and rising infrastructure development
9.3.3 GERMANY
9.3.3.1 Presence of energy efficiency regulations and increasing demand for HVAC and lighting control systems in residential, commercial, and industrial sectors
9.3.4 FRANCE
9.3.4.1 Need to adhere to regulatory compliance and energy efficiency initiatives
9.3.5 ITALY
9.3.5.1 Growing demand for building automation systems in commercial and healthcare facilities
9.3.6 REST OF EUROPE
9.4 ASIA PACIFIC
FIGURE 45 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET SNAPSHOT
FIGURE 46 INDIA TO REGISTER HIGHEST CAGR IN ASIA PACIFIC BUILDING AUTOMATION SYSTEM MARKET FROM 2023 TO 2028
TABLE 124 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 125 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 126 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 127 ASIA PACIFIC: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9.4.1 ASIA PACIFIC: IMPACT OF RECESSION
9.4.2 CHINA
9.4.2.1 Rapid urbanization, economic growth, and development of smart cities
9.4.3 JAPAN
9.4.3.1 Commitment to sustainability and presence of strict environmental regulations
9.4.4 INDIA
9.4.4.1 Growing adoption in commercial and industrial sectors and surge in construction activities
9.4.5 SOUTH KOREA
9.4.5.1 Increasing emphasis on energy conservation and continued government-led initiatives to promote building automation systems
9.4.6 REST OF ASIA PACIFIC
9.5 ROW
FIGURE 47 SOUTH AMERICA TO REGISTER HIGHER CAGR IN ROW BUILDING AUTOMATION SYSTEM MARKET FROM 2023 TO 2028
TABLE 128 ROW: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 129 ROW: BUILDING AUTOMATION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 130 ROW: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 131 ROW: BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2023–2028 (USD MILLION)
9.5.1 ROW: IMPACT OF RECESSION
9.5.2 SOUTH AMERICA
9.5.2.1 Increased construction activities and need for energy-efficient building solutions
9.5.3 MIDDLE EAST & AFRICA
9.5.3.1 Rapid urbanization and increasing construction activities
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS
FIGURE 48 BUILDING AUTOMATION SYSTEM MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY LEADING PLAYERS, 2021–2023
10.3 MARKET SHARE ANALYSIS, 2022
TABLE 132 BUILDING AUTOMATION SYSTEM MARKET: DEGREE OF COMPETITION
FIGURE 49 BUILDING AUTOMATION SYSTEM MARKET SHARE ANALYSIS, 2022
10.4 REVENUE ANALYSIS, 2018–2022
FIGURE 50 BUILDING AUTOMATION SYSTEM MARKET: REVENUE ANALYSIS OF FOUR KEY COMPANIES, 2018–2022
10.5 COMPANY EVALUATION MATRIX, 2022
FIGURE 51 BUILDING AUTOMATION SYSTEM MARKET: COMPANY EVALUATION MATRIX, 2022
10.5.1 STARS
10.5.2 EMERGING LEADERS
10.5.3 PERVASIVE PLAYERS
10.5.4 PARTICIPANTS
10.6 COMPANY FOOTPRINT
TABLE 133 OVERALL COMPANY FOOTPRINT
TABLE 134 APPLICATION: COMPANY FOOTPRINT
TABLE 135 REGION: COMPANY FOOTPRINT
10.7 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022
FIGURE 52 BUILDING AUTOMATION SYSTEM MARKET: STARTUPS/SMES EVALUATION MATRIX, 2022
10.7.1 PROGRESSIVE COMPANIES
10.7.2 RESPONSIVE COMPANIES
10.7.3 DYNAMIC COMPANIES
10.7.4 STARTING BLOCKS
10.8 LIST OF KEY STARTUPS/SMES
TABLE 136 BUILDING AUTOMATION SYSTEM MARKET: LIST OF KEY STARTUPS/SMES
10.9 COMPETITIVE BENCHMARKING
TABLE 137 BUILDING AUTOMATION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
10.10 COMPETITIVE SCENARIOS AND TRENDS
10.10.1 PRODUCT LAUNCHES
TABLE 138 BUILDING AUTOMATION SYSTEM MARKET: PRODUCT LAUNCHES, 2022–2023
10.10.2 DEALS
TABLE 139 BUILDING AUTOMATION SYSTEM MARKET: DEALS, 2022–2023 191" "11 COMPANY PROFILES
11.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
11.1.1 HONEYWELL INTERNATIONAL INC.
TABLE 140 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 53 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 141 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 142 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 143 HONEYWELL INTERNATIONAL INC.: DEALS
11.1.2 SIEMENS
TABLE 144 SIEMENS: COMPANY OVERVIEW
FIGURE 54 SIEMENS: COMPANY SNAPSHOT
TABLE 145 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 146 SIEMENS: PRODUCT LAUNCHES
TABLE 147 SIEMENS: DEALS
11.1.3 JOHNSON CONTROLS
TABLE 148 JOHNSON CONTROLS: COMPANY OVERVIEW
FIGURE 55 JOHNSON CONTROLS: COMPANY SNAPSHOT
TABLE 149 JOHNSON CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 150 JOHNSON CONTROLS: PRODUCT LAUNCHES
TABLE 151 JOHNSON CONTROLS: DEALS
11.1.4 SCHNEIDER ELECTRIC
TABLE 152 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
FIGURE 56 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
TABLE 153 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 154 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
TABLE 155 SCHNEIDER ELECTRIC: DEALS
11.1.5 CARRIER
TABLE 156 CARRIER: COMPANY OVERVIEW
FIGURE 57 CARRIER: COMPANY SNAPSHOT
TABLE 157 CARRIER: PRODUCT/SOLUTIONS/SERVICES OFFERED
TABLE 158 CARRIER: PRODUCT LAUNCHES
TABLE 159 CARRIER: DEALS
11.1.6 ROBERT BOSCH GMBH
TABLE 160 ROBERT BOSCH GMBH: COMPANY OVERVIEW
FIGURE 58 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 161 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 162 ROBERT BOSCH GMBH: PRODUCT LAUNCHES
TABLE 163 ROBERT BOSCH GMBH: DEALS
11.1.7 LEGRAND
TABLE 164 LEGRAND: COMPANY OVERVIEW
FIGURE 59 LEGRAND: COMPANY SNAPSHOT
TABLE 165 LEGRAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 166 LEGRAND: PRODUCT LAUNCHES
TABLE 167 LEGRAND: DEALS
11.1.8 HUBBELL
TABLE 168 HUBBELL: COMPANY OVERVIEW
FIGURE 60 HUBBELL: COMPANY SNAPSHOT
TABLE 169 HUBBELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 170 HUBBELL: PRODUCT LAUNCHES
TABLE 171 HUBBELL: DEALS
11.1.9 ABB
TABLE 172 ABB: COMPANY OVERVIEW
FIGURE 61 ABB: COMPANY SNAPSHOT
TABLE 173 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 174 ABB: PRODUCT LAUNCHES
TABLE 175 ABB: DEALS
11.1.10 TRANE TECHNOLOGIES PLC
TABLE 176 TRANE TECHNOLOGIES PLC: COMPANY OVERVIEW
FIGURE 62 TRANE TECHNOLOGIES PLC: COMPANY SNAPSHOT
TABLE 177 TRANE TECHNOLOGIES PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 178 TRANE TECHNOLOGIES PLC: PRODUCT LAUNCHES
TABLE 179 TRANE TECHNOLOGIES PLC: DEALS
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
11.2 OTHER PLAYERS
11.2.1 LUTRON ELECTRONICS CO., INC.
11.2.2 CRESTRON ELECTRONICS, INC.
11.2.3 HITACHI, LTD.
11.2.4 DELTA CONTROLS
11.2.5 BECKHOFF AUTOMATION
11.2.6 LENNOX INTERNATIONAL INC.
11.2.7 CURRENT LIGHTING SOLUTIONS, LLC
11.2.8 ACUITY BRANDS, INC.
11.2.9 DIALIGHT
11.2.10 CISCO SYSTEMS, INC.
11.2.11 ROCKWELL AUTOMATION
11.2.12 SNAP ONE, LLC
11.2.13 SIGNIFY HOLDING
11.2.14 EMERSON ELECTRIC CO.
11.2.15 LEVITON MANUFACTURING CO., INC.
11.2.16 MITSUBISHI ELECTRIC CORPORATION
11.2.17 HUAWEI TECHNOLOGIES CO., LTD.
11.2.18 BEIJER ELECTRONICS, INC.
11.2.19 BAJAJ ELECTRICALS LTD
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
Building automation and controls market is generally associated with lower development costs, lower operating costs, increased comforts, healthy indoor environment, enhanced durability, and less maintenance costs. All these parameters are hallmark to the green buildings concept and it has been observed that the market for green buildings is on a rise all over the world. Energy efficiency is the most important factor in almost all the building programs. Hence, factors such as the demand for energyefficient solutions, the rising concerns for enhanced security, the increasing venture capital funding, and greater convenience requirements have spurred the market of building automation and controls. Building automation and controls market initially started with wired technologies. However, it has entered the era of wireless technologies off late. The emergence of wireless technologies such as ZigBee, Z-wave, and EnOcean, among others has led to the increased deployment of automation & controls in the market, especially in the retrofit buildings, as wireless technologies help to prevent the reconstruction or renovations of the buildings. The building automation and controls products have not only increased the living standards and led to more convenient life but have also contributed significantly toward reducing energy consumption. The lighting controls regulate and save power through devices such as dimmers and sensors. Among all the products, the security & access controls have dominated the building automation and control market as a result of the increasing security.
Occupancy sensors are the most important component of lighting controls, which are used to reduce energy consumption and improve usability and control. They detect the presence of an individual in the room and turn lights on and off accordingly. They are majorly being used where the spaces are often unoccupied; such as offices, warehouses, restrooms, loading docks, corridors, stairwells, office lounges, conference rooms, and staircases. Occupancy sensors are particularly used to save energy, offer automatic control, and to comply with the building codes. Therefore, the shipment of occupancy sensors is more as compared to other lighting control components.
In this report, the building automation & controls market covers three major product segments, namely: lighting control, HAVC control, and security & access control. The market for these products has been analyzed across different application verticals (residential, commercial, and industrial) and geographical segments (North America, Europe, APAC, ROW).
- Lighting control covers occupancy sensors, daylight sensors, relays, timers, dimming actuators, switch actuators, blind/shutter actuators, transmitters, and receivers.
- HVAC control includes smart thermostats, sensors, control valves, heating & cooling coils, dampers, actuators, pumps & fans, and smart vents.
- Security & access control segment comprises video surveillance and biometric systems.
Other products covered in this report are smart meters, smart plugs, smart hubs, smart locks, and smoke detectors.
