ARC’s new research on the global Building Automation Systems market shows significant growth, driven primarily by sustainability-related initiatives targeted at net zero emissions, energy efficiency, and workplace resilience, among other factors. Today’s building automation systems provide the promise of integrated operations – a “single pane of glass” to manage, visualize, and control operations in multiple domains, from HVAC to access control, fire detection and suppression, CCTV, and other systems within the built environment.
"The Building Automation Systems market is experiencing growth in all its consumer sectors, from commercial office space to industrial applications. Commercial office buildings remain the lifeblood of the building automation system business, accounting for almost a quarter of BAS purchases in the entire market in 2021. Growth in commercial and office buildings will be significant, but growth in the data center market will remain the highest throughout the five-year period. Investment in data centers keeps growing vigorously and the demand for improved sustainability in this sector is high. Ports and warehouses are also experiencing above average growth as end users invest in more advanced building automation systems to create more resilient supply chains and once again improve sustainability and reduce energy consumption," according to Larry O'Brien, Vice President of Research and key author of ARC's Building Automation Systems Market Research.
Building Automation Systems Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- Cybersecurity and Building Automation
- Mass Electrification of Building Assets
- Integration of Power and Building Systems
- Digital Twins and the Built Environment
- The Drive to Intelligent, Autonomous Buildings
- Enabling Open Connectivity and Interoperability Between Systems
Leading Suppliers to the Building Automation Systems Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Honeywell, Johnson Controls, Schneider Electric, Siemens, Trane.
About the Building Automation Systems Research
The Building Automation Systems research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and two years of historical analysis. The segmentation includes Industry, Customer Type, World Region, Sales Channel, Revenue Category, Application.
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