Global Building Automation Systems Market Size, Share & Trends Analysis Report, By System Type (Facility Management Systems (FMS), Fire Protection Systems, Security and Access Control Systems, Energy Management Systems, Building Management Software (BMS), and Others), By Technology (Wireless Technologies and Wired Technologies), By Application (Commercial, Residential, and Industrial), By Region, And Segment Forecasts, Till – 2030

Market Overview

According to Intellistic Research, the global building automation systems market estimated at USD 74 billion in 2022 and will expand at a compound annual growth rate (CAGR) of 6.69% from 2023 to 2030. Key players in the building automation systems market employ various strategies to maintain and enhance their market presence. These strategies help key players capture a significant market share and remain competitive in the dynamic building automation systems market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated includes proficient analysis, predictive analysis, prescriptive analysis, cumulative analysis, and value chain analysis.

BUILDING AUTOMATION SYSTEMS MARKET DYNAMICS: KEY DRIVERS & RESTRAINTS

High-Cost Savings and Operational Efficiency Driving The Market Growth

Building automation systems helps in optimizing building operations, which leads to cost savings and improved efficiency. Automated controls, predictive maintenance, and remote monitoring system capabilities enable proactive maintenance, proper resource allocation, and streamlined facility management, resulting in reduced operating expenses and increased productivity. This factor drives the market in long run.

Also, governments globally are implementing energy efficiency regulations and providing incentives to promote sustainable building practices. These practices and incentives drive the adoption of building automation system systems to meet energy efficiency targets and comply with environmental standards.

High Initial Costs Restraint The Market Growth

The initial costs related with implementing a building automation system is substantial, which includes the purchase and installation of equipment, software, and integration. The upfront investment deters some building owners and operators from adopting building automation system solutions, especially in cases where the return on investment is not immediately evident. This hinders the market growth.

How are Segments Performing in the Global Building Automation Systems Market?

Building Automation Systems System Type Segment Breakdown

According to Intellistic Research, the Building Automation Systems market by System Type is segmented into Facility Management Systems (FMS), Fire Protection Systems, Security and Access Control Systems, Energy Management Systems, Building Management Software (BMS), and Others

Building Automation Systems Technology Segment Breakdown

According to Intellistic Research, based on Technology the market is bifurcated into Wireless Technologies, and Wired Technologies

Building Automation Systems Application Segment Breakdown

According to Intellistic Research, based on Application the market is segmented into Commercial, Residential, and Industrial

Building Automation Systems Geographic Exploration

According to Intellistic Research, the North American region is predicted to dominate the market, owing to rising investments by most companies and government bodies are the key factors responsible for the leading position of North America. Other regions competing in the market are Asia Pacific, Europe, Middle East and Africa, and Latin America respectively.

COMPETITIVE LANDSCAPE & RECENT DEVELOPMENT: BUILDING AUTOMATION SYSTEMS

The competitive landscape of the market is fragmented. The significant players rapidly evolve with new strategies to attain a competitive edge and capture significant market share.

• For instance, in May 2022, Johnson Controls-Hitachi launched a new Wall Mount indoor mini-split unit as the latest addition to its PRIMARY P300 line of high-efficiency, single-zone commercial mini-split systems.

Noticeable Players Functioning in The Global Building Automation Systems Market Include:

• Honeywell International Inc

• Cisco Systems Inc.

• Trane Technologies

• Lutron Electronics Co. Ltd.

• Hubbell Inc.

• United Technologies Corporation

• Hitachi Ltd.

• Huawei Technologies Corporation

• Emerson Electric Co.

• Mitsubishi Electric

KEY BREAKDOWN: BUILDING AUTOMATION SYSTEMS MARKET

By System Type:

• Facility Management Systems (FMS)

• Fire Protection Systems

• Security and Access Control Systems

• Energy Management Systems

• Building Management Software (BMS)

• Others

By Technology:

• Wireless Technologies

• Wired Technologies

By Application:

• Commercial

• Residential

• Industrial

Geographical Exploration:

• North America

o The USA

o Canada

o Mexico

• Europe

o Germany

o France

o U.K.

o Russia

o Italy

o Spain

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Australia

o New Zealand

o Singapore

o Malaysia

o Rest of Asia

• Latin America

o Brazil

o Argentina

o Colombia

o Peru

o Chile

o Venezuela

o Rest of Latin America

• Middle East and Africa

o Saudi Arabia

o UAE

o Egypt

o Kuwait

o South Africa

o Rest of Middle East & Africa

Global Building Automation Systems Market TOC:

1. Research Methodology

1.1. Global Building Automation Systems Market Snapshot, 2023 and 2030

1.2. Data Mining

1.3. Validation

1.4. Primary Interviews

1.5. List of Data Sources

1.6. Future Market Projections

1.7. Industry Developments and Key Market Events

2. Executive Summary

3. Market Overview

3.1. Market Scope and Definition

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunity

3.2.4. Challenges

3.2.5. Cumulative Impact due to Recent Energy Crisis

3.2.6. Cumulative Impact due to Nearing Economic Downturn

3.2.7. Post Covid-19 World Supply & Demand Conditions

3.2.8. Cumulative Impact of Russia-Ukraine Conflict

3.2.9. Key Trends

3.3. Building Automation Systems Market: Value Chain

3.3.1. List of Raw Material Supplier

3.3.2. List of Manufacturers

3.3.3. List of Application

3.4. Porter Five Force’s Analysis

3.5. Regulatory and Technology Landscape

4. Global Building Automation Systems Market Outlook: Forecast (2023 – 2030)

4.1. Key Highlights

4.1.1. Market Size and Y-o-Y Growth

4.1.2. Absolute $ Opportunity

4.2. Market Size (US$ Mn) Analysis and Forecast

4.2.1. Current Market Size Forecast, 2023–2030

4.3. Global Building Automation Systems Market Outlook: System Type

4.3.1. Introduction / Key Findings

4.3.2. Market Size (US$ Mn) and Forecast System Type, 2023 – 2030

4.3.2.1. Facility Management Systems (FMS)

4.3.2.2. Fire Protection Systems

4.3.2.3. Security and Access Control Systems

4.3.2.4. Energy Management Systems

4.3.2.5. Building Management Software (BMS)

4.3.2.6. Others

4.4. Global Building Automation Systems Market Outlook: Technology

4.4.1. Introduction / Key Findings

4.4.2. Market Size (US$ Mn) and Forecast By Technology, 2023 – 2030

4.4.2.1. Wireless Technologies

4.4.2.2. Wired Technologies

4.5. Global Building Automation Systems Market Outlook: Application

4.5.1. Introduction / Key Findings

4.5.2. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030

4.5.2.1. Commercial

4.5.2.2. Residential

4.5.2.3. Industrial

5. Global Building Automation Systems Market Outlook: Region

5.1. Key Highlights

5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030

5.2.1. North America

5.2.2. Europe

5.2.3. Asia Pacific

5.2.4. Latin America

5.2.5. Middle East & Africa (MEA)

6. North America Building Automation Systems Market Outlook: Forecast (2023 – 2030)

6.1. Key Highlights

6.2. Pricing Analysis

6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022

6.3.1. By Country

6.3.2. By System Type

6.3.3. By Technology

6.3.4. By Application

6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

6.4.1. U.S.

6.4.2. Canada

6.4.3. Mexico

6.5. Market Size (US$ Mn) and Forecast By System Type, 2023 – 2030

6.5.1. Facility Management Systems (FMS)

6.5.2. Fire Protection Systems

6.5.3. Security and Access Control Systems

6.5.4. Energy Management Systems

6.5.5. Building Management Software (BMS)

6.5.6. Others

6.6. Market Size (US$ Mn) and Forecast By Technology, 2023 – 2030

6.6.1. Wireless Technologies

6.6.2. Wired Technologies

6.7. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030

6.7.1. Commercial

6.7.2. Residential

6.7.3. Industrial

7. Europe Building Automation Systems Market Outlook: Forecast (2023 – 2030)

7.1. Key Highlights

7.2. Pricing Analysis

7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030

7.3.1. By Country

7.3.2. By System Type

7.3.3. By Technology

7.3.4. By Application

7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

7.4.1. Germany

7.4.2. France

7.4.3. U.K.

7.4.4. Russia

7.4.5. Italy

7.4.6. Spain

7.4.7. Rest of Europe

7.5. Market Size (US$ Mn) and Forecast By System Type, 2023 – 2030

7.5.1. Facility Management Systems (FMS)

7.5.2. Fire Protection Systems

7.5.3. Security and Access Control Systems

7.5.4. Energy Management Systems

7.5.5. Building Management Software (BMS)

7.5.6. Others

7.6. Market Size (US$ Mn) and Forecast By Technology, 2023 – 2030

7.6.1. Wireless Technologies

7.6.2. Wired Technologies

7.7. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030

7.7.1. Commercial

7.7.2. Residential

7.7.3. Industrial

8. Asia Pacific Building Automation Systems Market Outlook: Forecast (2023 – 2030)

8.1. Key Highlights

8.2. Pricing Analysis

8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030

8.3.1. By Country

8.3.2. By System Type

8.3.3. By Technology

8.3.4. By Application

8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

8.4.1. China

8.4.2. Japan

8.4.3. India

8.4.4. South Korea

8.4.5. Australia

8.4.6. New Zealand

8.4.7. Singapore

8.4.8. Malaysia

8.4.9. Rest of Asia

8.5. Market Size (US$ Mn) and Forecast By System Type, 2023 – 2030

8.5.1. Facility Management Systems (FMS)

8.5.2. Fire Protection Systems

8.5.3. Security and Access Control Systems

8.5.4. Energy Management Systems

8.5.5. Building Management Software (BMS)

8.5.6. Others

8.6. Market Size (US$ Mn) and Forecast By Technology, 2023 – 2030

8.6.1. Wireless Technologies

8.6.2. Wired Technologies

8.7. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030

8.7.1. Commercial

8.7.2. Residential

8.7.3. Industrial

9. Latin America Building Automation Systems Market Outlook: Forecast (2023 – 2030)

9.1. Key Highlights

9.2. Pricing Analysis

9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030

9.3.1. By Country

9.3.2. By System Type

9.3.3. By Technology

9.3.4. By Application

9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

9.4.1. Brazil

9.4.2. Argentina

9.4.3. Colombia

9.4.4. Peru

9.4.5. Chile

9.4.6. Venezuela

9.4.7. Rest of Latin America

9.5. Market Size (US$ Mn) and Forecast By System Type, 2023 – 2030

9.5.1. Facility Management Systems (FMS)

9.5.2. Fire Protection Systems

9.5.3. Security and Access Control Systems

9.5.4. Energy Management Systems

9.5.5. Building Management Software (BMS)

9.5.6. Others

9.6. Market Size (US$ Mn) and Forecast By Technology, 2023 – 2030

9.6.1. Wireless Technologies

9.6.2. Wired Technologies

9.7. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030

9.7.1. Commercial

9.7.2. Residential

9.7.3. Industrial

10. Middle East & Africa Building Automation Systems Market Outlook: Forecast (2023 – 2030)

10.1. Key Highlights

10.2. Pricing Analysis

10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030

10.3.1. By Country

10.3.2. By System Type

10.3.3. By Technology

10.3.4. By Application

10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

10.4.1. Saudi Arabia

10.4.2. UAE

10.4.3. Egypt

10.4.4. Kuwait

10.4.5. South Africa

10.4.6. Rest of Middle East & Africa

10.5. Market Size (US$ Mn) and Forecast By System Type, 2023 – 2030

10.5.1. Facility Management Systems (FMS)

10.5.2. Fire Protection Systems

10.5.3. Security and Access Control Systems

10.5.4. Energy Management Systems

10.5.5. Building Management Software (BMS)

10.5.6. Others

10.6. Market Size (US$ Mn) and Forecast By Technology, 2023 – 2030

10.6.1. Wireless Technologies

10.6.2. Wired Technologies

10.7. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030

10.7.1. Commercial

10.7.2. Residential

10.7.3. Industrial

11. Competition Analysis

11.1. Market Share Analysis Of Top Vendors

11.2. Market Structure

11.2.1. Competition Intensity Mapping By Market

11.2.2. Competition Dashboard

11.2.3. Key Development Strategies

11.3. Company Profiles

11.3.1. Honeywell International Inc

11.3.1.1. Overview

11.3.1.2. Offerings

11.3.1.3. Business Segment & Geographic Overview

11.3.1.4. Key Financials

11.3.1.5. Key Market Developments

11.3.1.6. Key Market Strategy

11.3.2. Cisco Systems Inc.

11.3.3. Trane Technologies

11.3.4. Lutron Electronics Co. Ltd.

11.3.5. Hubbell Inc.

11.3.6. United Technologies Corporation

11.3.7. Hitachi Ltd.

11.3.8. Huawei Technologies Corporation

11.3.9. Emerson Electric Co.

11.3.10. Mitsubishi Electric