Global Building Automation Systems Market Valued at Nearly USD 75 Billion in 2022, Projected to Exceed USD 160 Billion by 2030 | IGR

The Global Building Automation Systems Market is on a robust growth trajectory, with a valuation of nearly USD 75 billion in 2022. It is expected to surge beyond USD 160 billion by 2030, showcasing an impressive Compound Annual Growth Rate (CAGR) of approximately 10% during the forecast period from 2023 to 2030.

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The Technological Evolution of Building Automation Systems

In a world driven by the Internet of Things (IoT), Industry 4.0, and various technological initiatives, the adoption of IT solutions is reshaping every aspect of building system architecture. Today's buildings are evolving into highly advanced structures, with escalating demands for building services. Modern buildings are expected to offer a multitude of services, including enhanced security, energy efficiency, and convenience. Complex facilities, such as hospitals, are under even greater demand to provide advanced services, leading to elevated requirements. This necessitates the integration of building automation systems.

Driving Factors and Challenges

The global Building Automation Systems Market derives its momentum from several factors, including regulatory norms, the imperative need for enhanced utility efficiency, rising global emphasis on energy conservation, and heightened security concerns. The rapid proliferation of IoT technologies is expected to further propel market growth during the forecast period. However, challenges such as the high cost of implementation, technical complexities, and a shortage of skilled experts are influencing the market's growth trajectory. Nevertheless, favorable government initiatives aimed at reducing carbon emissions and improving energy efficiency are poised to create lucrative growth opportunities for the building automation system market.

Asia Pacific: Leading the Way

The Asia Pacific region emerges as the dominant force in the Building Automation Systems Market. A surge in construction and industrial activities is a key driver of market growth in this region. Emerging economies like China and India are actively developing smart cities, further fueling the demand for building automation systems. Additionally, government initiatives focused on energy conservation contribute significantly to the growth of the building automation system market in the Asia Pacific region.

Market Segmentation

The report on the global building automation systems market covers segments such as offering, application, and communication technology. On the basis of offering, the sub-markets include facility management systems, security and access controls, fire protection systems, building energy management software, bas services, and others. On the basis of application, the sub-markets include residential, commercial, and industrial. On the basis of communication technology, the sub-markets include wired technology and wireless technology.

Companies Profiled:

The report provides profiles of the companies in the market such as Johnson Controls, Honeywell International Inc., Siemens, Schneider Electric, Robert Bosch GmbH, Legrand, ABB, Hubbell, Mitsubishi Electric Corporation, and Lutron Electronics Co., Inc

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Building Automation Systems Market Highlights

2.2. Building Automation Systems Market Projection

2.3. Building Automation Systems Market Regional Highlights

Chapter 3. Global Building Automation Systems Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter`s Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Offering

3.4.2. IGR-Growth Matrix Analysis by Application

3.4.3. IGR-Growth Matrix Analysis by Communication Technology

3.4.4. IGR-Growth Matrix Analysis by Region

3.5. Value Chain Analysis of Building Automation Systems Market

Chapter 4. Building Automation Systems Market Macro Indicator Analysis

Chapter 5. Company Profiles and Competitive Landscape

5.1. Competitive Landscape in the Global Building Automation Systems Market

5.2. Companies Profiles

5.2.1. Johnson Controls

5.2.2. Honeywell International Inc.

5.2.3. Siemens

5.2.4. Schneider Electric

5.2.5. Robert Bosch GmbH

5.2.6. Legrand

5.2.7. ABB

5.2.8. Hubbell

5.2.9. Mitsubishi Electric Corporation

5.2.10. Lutron Electronics Co., Inc

Chapter 6. Global Building Automation Systems Market by Offering

6.1. Facility Management Systems

6.2. Security and Access Controls

6.3. Fire Protection Systems

6.4. Building Energy Management Software

6.5. BAS Services

6.6. Others

Chapter 7. Global Building Automation Systems Market by Application

7.1. Residential

7.2. Commercial

7.3. Industrial

Chapter 8. Global Building Automation Systems Market by Communication Technology

8.1. Wired Technology

8.2. Wireless Technology

Chapter 9. Global Building Automation Systems Market by Region 2023-2030

9.1. North America

9.1.1. North America Building Automation Systems Market by Offering

9.1.2. North America Building Automation Systems Market by Application

9.1.3. North America Building Automation Systems Market by Communication Technology

9.1.4. North America Building Automation Systems Market by Country

9.1.4.1. The U.S. Building Automation Systems Market

9.1.4.1.1. The U.S. Building Automation Systems Market by Offering

9.1.4.1.2. The U.S. Building Automation Systems Market by Application

9.1.4.1.3. The U.S. Building Automation Systems Market by Communication Technology

9.1.4.2. Canada Building Automation Systems Market

9.1.4.2.1. Canada Building Automation Systems Market by Offering

9.1.4.2.2. Canada Building Automation Systems Market by Application

9.1.4.2.3. Canada Building Automation Systems Market by Communication Technology

9.1.4.3. Mexico Building Automation Systems Market

9.1.4.3.1. Mexico Building Automation Systems Market by Offering

9.1.4.3.2. Mexico Building Automation Systems Market by Application

9.1.4.3.3. Mexico Building Automation Systems Market by Communication Technology

9.2. Europe

9.2.1. Europe Building Automation Systems Market by Offering

9.2.2. Europe Building Automation Systems Market by Application

9.2.3. Europe Building Automation Systems Market by Communication Technology

9.2.4. Europe Building Automation Systems Market by Country

9.2.4.1. Germany Building Automation Systems Market

9.2.4.1.1. Germany Building Automation Systems Market by Offering

9.2.4.1.2. Germany Building Automation Systems Market by Application

9.2.4.1.3. Germany Building Automation Systems Market by Communication Technology

9.2.4.2. United Kingdom Building Automation Systems Market

9.2.4.2.1. United Kingdom Building Automation Systems Market by Offering

9.2.4.2.2. United Kingdom Building Automation Systems Market by Application

9.2.4.2.3. United Kingdom Building Automation Systems Market by Communication Technology

9.2.4.3. France Building Automation Systems Market

9.2.4.3.1. France Building Automation Systems Market by Offering

9.2.4.3.2. France Building Automation Systems Market by Application

9.2.4.3.3. France Building Automation Systems Market by Communication Technology

9.2.4.4. Italy Building Automation Systems Market

9.2.4.4.1. Italy Building Automation Systems Market by Offering

9.2.4.4.2. Italy Building Automation Systems Market by Application

9.2.4.4.3. Italy Building Automation Systems Market by Communication Technology

9.2.4.5. Rest of Europe Building Automation Systems Market

9.2.4.5.1. Rest of Europe Building Automation Systems Market by Offering

9.2.4.5.2. Rest of Europe Building Automation Systems Market by Application

9.2.4.5.3. Rest of Europe Building Automation Systems Market by Communication Technology

9.3. Asia Pacific

9.3.1. Asia Pacific Building Automation Systems Market by Offering

9.3.2. Asia Pacific Building Automation Systems Market by Application

9.3.3. Asia Pacific Building Automation Systems Market by Communication Technology

9.3.4. Asia Pacific Building Automation Systems Market by Country

9.3.4.1. China Building Automation Systems Market

9.3.4.1.1. China Building Automation Systems Market by Offering

9.3.4.1.2. China Building Automation Systems Market by Application

9.3.4.1.3. China Building Automation Systems Market by Communication Technology

9.3.4.2. Japan Building Automation Systems Market

9.3.4.2.1. Japan Building Automation Systems Market by Offering

9.3.4.2.2. Japan Building Automation Systems Market by Application

9.3.4.2.3. Japan Building Automation Systems Market by Communication Technology

9.3.4.3. India Building Automation Systems Market

9.3.4.3.1. India Building Automation Systems Market by Offering

9.3.4.3.2. India Building Automation Systems Market by Application

9.3.4.3.3. India Building Automation Systems Market by Communication Technology

9.3.4.4. South Korea Building Automation Systems Market

9.3.4.4.1. South Korea Building Automation Systems Market by Offering

9.3.4.4.2. South Korea Building Automation Systems Market by Application

9.3.4.4.3. South Korea Building Automation Systems Market by Communication Technology

9.3.4.5. Australia Building Automation Systems Market

9.3.4.5.1. Australia Building Automation Systems Market by Offering

9.3.4.5.2. Australia Building Automation Systems Market by Application

9.3.4.5.3. Australia Building Automation Systems Market by Communication Technology

9.3.4.6. Rest of Asia-Pacific Building Automation Systems Market

9.3.4.6.1. Rest of Asia-Pacific Building Automation Systems Market by Offering

9.3.4.6.2. Rest of Asia-Pacific Building Automation Systems Market by Application

9.3.4.6.3. Rest of Asia-Pacific Building Automation Systems Market by Communication Technology

9.4. RoW

9.4.1. RoW Building Automation Systems Market by Offering

9.4.2. RoW Building Automation Systems Market by Application

9.4.3. RoW Building Automation Systems Market by Communication Technology

9.4.4. RoW Building Automation Systems Market by Sub-region

9.4.4.1. Latin America Building Automation Systems Market

9.4.4.1.1. Latin America Building Automation Systems Market by Offering

9.4.4.1.2. Latin America Building Automation Systems Market by Application

9.4.4.1.3. Latin America Building Automation Systems Market by Communication Technology

9.4.4.2. Middle East Building Automation Systems Market

9.4.4.2.1. Middle East Building Automation Systems Market by Offering

9.4.4.2.2. Middle East Building Automation Systems Market by Application

9.4.4.2.3. Middle East Building Automation Systems Market by Communication Technology

9.4.4.3. Africa Building Automation Systems Market

9.4.4.3.1. Africa Building Automation Systems Market by Offering

9.4.4.3.2. Africa Building Automation Systems Market by Application

9.4.4.3.3. Africa Building Automation Systems Market by Communication Technology

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of building automation systems.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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