Global Building Automation System Market 2019: Demand, Type, Size, Applications, Share, Growth Opportunities, Trends & Industry Forecast to 2026

14Nov - by Morris Beck - 0 - In Sci-Tech

Global Building Automation System Market is valued approximately at USD 68.1 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 10.12% over the forecast period 2019-2026. Building Automation System comprises a microprocessor system built on a connection of wired or wireless controllers to varied systems in building construction. The foremost aim of building automation system is towards enhancing buildings structural efficacy. This BAS is considered to monitor and regulate many parameters such as humidity, HVAC, ventilation systems, mechanical, lighting, security and fire in a building or across several campuses. BAS is gaining popularity owing to its varied range of applications in commercial, residential and industrial premises. Prime focus on designing and establishing energy-efficient, eco-friendly buildings, rise in adoption of automated security systems in buildings and rapid penetration of IoT in building automation systems are some of the key driving factors in market growth. Further, development of wireless protocols and wireless sensor network technology for BAS, favorable government initiatives and incentives coupled advancement of building technologies and automation with data analytics is expected to create significant growth opportunity in the market over the forecast period. However, lack of a skilled workforce and technical difficulties impedes the growth of the market over the forecast period of 2019-2026.

The regional analysis of global Building Automation System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the government initiative to decrease energy emission from buildings coupled growing awareness of benefits of automation. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rapid growth in construction industry would create lucrative growth prospects for the Building Automation System market across Asia-Pacific region.

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Major market player included in this report are:

  • Honeywell International
  • Siemens AG
  • Johnson Controls International
  • Schneider Electric
  • United Technologies Corp.
  • Robert Bosch
  • Legrand
  • Hubbell
  • ABB
  • Ingersoll-Rand

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Communication Technology:

  • Wired Technology
  • Wireless Technology

By Offering:

  • Facility Management Systems
  • Security & Access Control Systems
  • Fire Protection Systems
  • Building Energy Management Software
  • BAS Services
  • Others (Gateways, HMI Screens, Smart Plugs, Smart Hubs, and Smart Locks)

By Application:

  • Residential
  • Commercial
  • Industrial

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

  • Historical year 2016, 2017
  • Base year 2018
  • Forecast period 2019 to 2026

Target Audience of the Global Building Automation System Market in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

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Some Points from Table of Contents

Chapter 1 Executive Summary

1.1.     Market Snapshot

1.2.     Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)

1.3.     Key Trends

1.4.     Estimation Methodology

1.5.     Research Assumption

Chapter 2 Global Building Automation System Market Definition and Scope

2.1.     Objective of the Study

2.2.     Market Definition & Scope

2.3.     Years Considered for the Study

2.4.     Currency Conversion Rates

Chapter 3 Global Building Automation System Market Dynamics         

3.1.     Building Automation System Market Impact Analysis (2018-2026)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4 Global Building Automation System Market Industry Analysis

4.1.     Porter’s 5 Force Model

4.2.     PEST Analysis

4.3.     Investment Adoption Model

4.4.     Analyst Recommendation & Conclusion

Chapter 5 Global Building Automation System Market, by Communication Technology

5.1.     Market Snapshot

5.2.     Global Building Automation System Market by Communication Technology, Performance – Potential Analysis

5.3.     Global Building Automation System Market Estimates & Forecasts by Communication Technology 2016-2026 (USD Billion)

5.4.     Building Automation System Market, Sub Segment Analysis

Chapter 6 Global Building Automation System Market, by Offering         

6.1.     Market Snapshot

6.2.     Global Building Automation System Market by Offering, Performance – Potential Analysis

6.3.     Global Building Automation System Market Estimates & Forecasts by Offering 2016-2026 (USD Billion)

6.4.     Building Automation System Market, Sub Segment Analysis

6.4.1.   Facility Management Systems

6.4.2. Security & Access Control Systems

6.4.3. Fire Protection Systems

6.4.4. Building Energy Management Software

6.4.5. BAS Services

6.4.6. Others (Gateways, HMI Screens, Smart Plugs, Smart Hubs, and Smart Locks)

Chapter 7 Global Building Automation System Market, by Application          

7.1.     Market Snapshot

7.2.     Global Building Automation System Market by Offering, Performance – Potential Analysis

7.3.     Global Building Automation System Market Estimates & Forecasts by Offering 2016-2026 (USD Billion)

7.4.     Building Automation System Market, Sub Segment Analysis

Chapter 8 Global Building Automation System Market, Regional Analysis

8.1.     Building Automation System Market, Regional Market Snapshot

8.2.     North America Building Automation System Market

8.3.     Europe Building Automation System Market Snapshot

8.4.     Asia-Pacific Building Automation System Market Snapshot

8.5.     Latin America Building Automation System Market Snapshot

8.6.     Rest of The World Building Automation System Market

Chapter 9 Competitive Intelligence

9.1.     Top Market Strategies

9.2.     Company Profiles

9.2.1. Honeywell International

9.2.2.     Siemens AG

9.2.3.     Johnson Controls International

9.2.4.     Schneider Electric

9.2.5.      United Technologies Corp.

9.2.6.       Robert Bosch

9.2.7.      Legrand

9.2.8.       Hubbell

9.2.9.       ABB

9.2.10.           Ingersoll-Rand

Chapter 10 Research Process

The study objectives of this report are:

  • To study and forecast the market size of Global Building Automation System in Global market.
  • To analyse the Global key players, SWOT analysis, value and Global market share for top players.
  • To define, describe and forecast the market by type, end use and region.
  • To analyse and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
  • To analyze the Global key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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