Acumen research and consulting estimates that the global building automation system market is anticipated to reach market size of around US$ 125 Bn by 2027 and is anticipated to grow at a CAGR of around 10% in terms of revenue during the forecast period 2020 – 2027.
Building Automation System (BAS) consisted of a microprocessor device based on a wired or wireless interface with different building systems. The key aim of the design of an automation system is to improve structural performance. This is designed to track and control a range of parameters, including hydraulic, HVAC, heat, ventilation, protection, fire and lighting inside or around a house. Thanks to a broad variety of applications of building automation systems in residential, business and commercial buildings, the building automation system market is growing.
Market Insights
Government initiatives to implement standards such as ISO 50001 in the construction industry (energy-management-system standard) have the potential to promote the introduction of building automation systems. In the developing regions of the world, especially in the Asia Pacific where the number of houses has increased exponentially in the last two decade, more possibilities for automation can be found among small / mediated buildings and any building. The growing need for social warning systems and intelligent fire systems contributed to the growth of the market for construction automation systems. Concerns over access control and safety still reflect a large part of the building automation system business. Thanks to the growing number of robberies, the industry is seeing the increased demand for theft safety systems. For instance, in 2018, a number of crimes committed in Singapore for every 100,000 individuals were 588. The application of protection and safety laws mandating the use of electronic safety systems in commercial buildings are also factors which increase demand for such systems. For instance, the implementation of EU standards like PD 6662, which sets requirements on the IHAS in buildings. Since businesses save nearly 15% of the cost of annual energy use, building automation is growing. Increasing government initiatives to upgrade intelligent cities development should also provide significant market opportunities. In 2020, spending in clever towns is expected to amount to USD 34,35 billion, according to the Consumer Technology Association.
Challenges: Presence of different communication protocols
The power of BAS is to synchronize and coordinate between various equipment in the overall network. In ensuring that different instruments and facilities are adequately configured for the smooth running of BAS, communications protocols are of critical importance. The absence of open communication protocols will however contribute to the use of these devices by various protocols. This restricts the correspondence between various devices and impedes the fast operation of BAS because all protocols cannot be explicitly compatible. BACnet and LonWorks for example do not work well together, they do work well with DALI, for example. In order to prevent complications, the building builder must choose the goods based on protocols used by many different vendors. For instance, Clipsal C-Bus is Australia's most used BAS and Europe's most popular M-Bus system. Manufacturers expect proprietary protocols and standards to have a competitive edge on the market. This intensive market competition leads to a lack of product development with common standards and communication protocols, which presently hampers the growth of the BAS market.
North America holds the significant market share in the global Building Automation Systems market and is expected to grow during forecast period 2020-27. The technical advances that have arisen in recent years in the building automation field by US companies. In January 2020, Legrand North America, LLC added two additional switches for power usage control and oversight from every remote position. The switches in residential buildings are mainly used. During the projected market, Asia-Pacific is expected to rise at the fastest rate. Increasing demand for healthy, efficient housing, expanded disposable income and favorable policy policies linked to smart cities are the key contributing factors to the region's business growth. In Asia-Pacific construction automation systems, China, Japan and India represented a majority stake.
Key Players
Major players included in this report are Johnson Controls, Inc., Rheem Manufacturing Company, Lennox International Inc., General Electric Company, United Technologies Corporation, Cisco Systems Inc., Honeywell International Inc., Philips Lighting Holding B.V., Bosch Security Systems, Legrand SA, Schneider Electric SE, Ingersoll-Rand plc, Siemens AG, and others.
The global building automation system market is segmented as below:
Market Segmentation
Building Automation System Market By System Type
Building Management Software (BMS)
Environment Control (HVAC) and Lighting Management
Energy Management Systems
Facility Management Systems (FMS)
Security & Access Control Systems
Other System Types
Building Automation System Market By End User
Commercial
Residential
Other End Users
Building Automation System Market By Geography
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Building Automation System
1.1. Definition and Scope
1.1.1. Definition of Building Automation System
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Building Automation System Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Building Automation System Market By System Type
1.2.3. Building Automation System Market By End User
1.2.4. Building Automation System Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Building Automation System Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Building Automation System Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2. R&D Status and Application Source of Building Automation System Major Manufacturers in 2019
CHAPTER 5. Building Automation System Market By System Type
5.1. Introduction
5.2. Building Automation System Revenue By System Type
5.2.1. Building Automation System Revenue (US$ Mn) and Forecast, By System Type, 2016-2027
5.2.2. Building Management Software (BMS)
5.2.2.1. Building Management Software (BMS) Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Environment Control (HVAC) and Lighting Management
5.2.3.1. Environment Control (HVAC) and Lighting Management Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4. Energy Management Systems
5.2.4.1. Energy Management Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.5. Facility Management Systems (FMS)
5.2.5.1. Facility Management Systems (FMS) Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.6. Security & Access Control Systems
5.2.6.1. Security & Access Control Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.7. Other System Types
5.2.7.1. Other System Types Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Building Automation System Market Revenue By End User
6.1. Introduction
6.2. Building Automation System Revenue (US$ Mn) By End User
6.2.1. Building Automation System Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
6.2.2. Commercial
6.2.2.1. Commercial Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Residential
6.2.3.1. Residential Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. Other End Users
6.2.4.1. Other End Users Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. North America Building Automation System Market By Country
7.1. North America Building Automation System Overview
7.2. U.S.
7.2.1. U.S. Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016-2027
7.2.2. U.S. Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
7.3. Canada
7.3.1. Canada Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016-2027
7.3.2. Canada Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
7.4. North America PEST Analysis
CHAPTER 8. Europe Building Automation System Market By Country
8.1. Europe Building Automation System Market Overview
8.2. U.K.
8.2.1. U.K. Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016-2027
8.2.2. U.K. Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
8.3. Germany
8.3.1. Germany Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016-2027
8.3.2. Germany Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
8.4. France
8.4.1. France Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016-2027
8.4.2. France Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
8.5. Spain
8.5.1. Spain Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016-2027
8.5.2. Spain Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
8.6. Rest of Europe
8.6.1. Rest of Europe Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016-2027
8.6.2. Rest of Europe Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Building Automation System Market By Country
9.1. Asia Pacific Building Automation System Market Overview
9.2. China
9.2.1. China Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
9.2.2. China Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
9.3. Japan
9.3.1. Japan Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
9.3.2. Japan Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
9.4. India
9.4.1. India Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
9.4.2. India Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
9.5. Australia
9.5.1. Australia Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
9.5.2. Australia Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
9.6. South Korea
9.6.1. South Korea Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
9.6.2. South Korea Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
9.7.2. Rest of Asia-Pacific Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Building Automation System Market By Country
10.1. Latin America Building Automation System Market Overview
10.2. Brazil
10.2.1. Brazil Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
10.2.2. Brazil Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.3. Mexico
10.3.1. Mexico Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
10.3.2. Mexico Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.4. Rest of Latin America
10.4.1. Rest of Latin America Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
CHAPTER 11. Middle East & Africa Building Automation System Market By Country
11.1. Middle East & Africa Building Automation System Market Overview
11.2. Saudi Arabia
11.2.1. Saudi Arabia Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
11.2.2. Saudi Arabia Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.3. UAE
11.3.1. UAE Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
11.3.2. UAE Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Building Automation System Market Revenue (US$ Mn) and Forecast By System Type, 2016 - 2027
11.4.2. Rest of Middle East & Africa Building Automation System Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
CHAPTER 12. PLAYER ANALYSIS OF BUILDING AUTOMATION SYSTEM
12.1. Building Automation System Market Company Share Analysis
12.2. Competition Matrix
12.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
12.2.2. New Product Launches and Product Enhancements
12.2.3. Mergers And Acquisition In Global Building Automation System Market
12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 13. COMPANY PROFILE
13.1. Johnson Controls, Inc.
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (US$ Mn), 2019
13.1.3.2. Johnson Controls, Inc. 2019 Building Automation System Business Regional Distribution
13.1.4. Product/ Service and Specification
13.1.5. Recent Developments & Business Strategy
13.1.6. Manufacturing Plant Footprint Analysis
13.2. Rheem Manufacturing Company
13.3. Lennox International Inc.
13.4. General Electric Company
13.5. United Technologies Corporation
13.6. Cisco Systems Inc.
13.7. Honeywell International Inc.
13.8. Philips Lighting Holding B.V.
13.9. Bosch Security Systems
13.10. Legrand SA, Schneider Electric SE
13.11. Ingersoll-Rand plc
13.12. Siemens AG
13.13. Others
