Global Building Automation and Control Systems Market | Top Industry Players: ABB, Automated Logic, Beckhoff Automation, Bosch Sicherheitssysteme GmbH, CONTROL4, DELTA CONTROLS, Distech Controls

Global Building Automation and Control Systems Market is expected to grow at a CAGR of 11.2% during the forecast period. Increasing demand for intelligent buildings, rising emphasis on reducing utility costs and growing security concerns for buildings, growing concerns regarding greenhouse gas emissions and increasing electricity demand supply gap are some of the key driving factors for the market growth. However, faulty connections and loss of connection with the BAS are inhibiting the growth of the market.

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Building Automation and Control System (BACS) refers to centralized systems that monitor, control, and verification the functions of building services systems. There is growing go beyond between the concepts of BACS and the need to learn from the accumulated data to operate buildings more efficiently. Increasingly this includes technologies such as the internet of things to become smart buildings.

Top Industry Players:
Some of the key players profiled in the Building Automation and Control Systems Market include ABB, Automated Logic, Beckhoff Automation, Bosch Sicherheitssysteme GmbH, CONTROL4, DELTA CONTROLS, Distech Controls, Dwyer, Emerson Electric, Evon Technologies, Honeywell, Itron, Johnson Controls International, Legrand, Lutron, Schneider Electric and Siemens.

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Depending on type, building management software (BMS) is expected to be the fastest growing segment in the product category over the forecast period. It is a computer-based control system installed in buildings that controls and monitors the building's automatic and electrical tools such as freshening, lighting, power systems, fire systems, and safety systems. By geography, Asia Pacific is likely to hold the largest market share due to the growth in emerging businesses in developing countries such as China, and India with many clients opting for smart office systems.

Products Covered:
• Access Control
• Electronic Security and Safety
• Energy Management Systems
• Fire and Life Safety
• Heating, Ventilation & Air Conditioning
• Other Products

Communication Technologies Covered:
• Wireless
• Wired

Types Covered:
• Lighting Management
• Environmental Control
• Building Management Software

Applications Covered:
• Commercial
• Government
• Hospitality
• Industrial
• Institutional
• IT/ITEs
• Residential
• Retail

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This release was published on openPR.