PRN: $99.11 Billion Building Automation System Market to 2022

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$99.11 Billion Building Automation System Market to 2022


DUBLIN, September 5, 2017 /PRNewswire/ --

The "Building Automation System Market by Communication Technology (Wired, and Wireless), Offering (Facilities Management Systems, Security & Access Control Systems, and Fire Protection Systems), Application, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

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According to the forecast, the overall building automation system (BAS) market was valued at USD 53.66 Billion in 2016 and is expected to reach USD 99.11 Billion by 2022, at a CAGR of 10.73% between 2017 and 2022.

The growth of this market is driven by the increase in demand for energy-efficient systems, growing need for the automation of security systems in buildings, and advancement of IoT in BAS.

This report covers the BAS market segmented on the basis of communication technology, application, offering, and region. The wired communication technology held a larger size of the BAS market in 2016. In terms of application, commercial application held the largest size of the BAS market in 2016. The increased rate of implementation of BAS in large shopping complexes, office buildings, and public transport areas such as airports and railway stations is encouraging the growth of the BAS market for commercial application.

The security and access control systems are expected to hold the largest size of the BAS market during the forecast period. Security and access control systems have become an integral part of the safety and security of the buildings and their occupants. This has revolutionized the building security and has eliminated the human interventions. These are installed in buildings to increase the security level, monitor the activities, and keep a record of people entering and exiting the buildings. These systems are used in several businesses to protect the assets, staff, and information, monitor the activities, as well as control the access to the building.

The overall BAS market in APAC is expected to grow at the highest rate between 2017 and 2022. The rapid growth of the construction industry in this region, along with the government initiatives, has contributed to the growth of the BAS market in APAC. The North America held the largest share of the BAS market in 2016. The rising need for energy management along with the increasing demand for green homes has resulted in the growth of the market in North America. The commercial and residential applications hold the largest share of the North American BAS market, and the demand of BAS for these applications as well as the growing demand from the industrial application is likely to fuel the BAS market in North America.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the BAS Market
4.2 BAS Market, By Application (2017-2022)
4.3 BAS Market, By Offering and Region (2017-2022)
4.4 BAS Market, By Region (2017-2022)

5 Market Overview

5.1 Introduction
5.2 Market Segmentation
5.2.1 BAS Market, By Communication Technology
5.2.2 BAS Market, By Offering
5.2.3 BAS Market, By Application
5.2.4 BAS Market, By Region
5.3 Market Dynamics
5.3.1 Drivers Increase in Demand for Energy-Efficient Systems Growing Need for the Automation of Security Systems in Buildings Advancement of Iot in Building Automation System Development of Building Automation-Centric Wireless Protocols and Wireless Sensor Network Technology Accelerated! Infrastructure Growth in the Technologically Advancing Countries
5.3.2 Restraints High Cost of Implementation Technical Difficulties and Lack of Skilled Experts
5.3.3 Opportunities Favorable Government Initiatives and Incentives
5.3.4 Challenge Presence of Different Communication Protocols

6 Industry Trends

7 Building Automation System Market, By Communication Technology
7.1 Introduction
7.2 Communication Technology
7.2.1 Wireless Technologies Zigbee Enocean Z-Wave Wi-Fi Bluetooth Thread Infrared
7.2.2 Wired Technologies Digital Addressable Lighting Interface (DALI) Knx Lonworks Building Automation and Control Network (BACNet) Modbus

8 Building Automation System Market, By Offering
8.1 Introduction
8.2! Facility Management Systems
8.2.1 Lighting Control System! s
8. 2.1.1 Occupancy Sensors Daylight Sensors Relays Timers Dimming Actuators Switch Actuators Blind/Shutter Actuators Transmitters Receivers
8.2.2 Hvac Control Systems Sensors Smart Thermostats Control Valves Two-Way Valve Three-Way Valve Heating and Cooling Coils Dampers Low-Leakage Dampers Parallel and Opposed Blade Dampers Round Dampers Actuators Hydraulic Actuators Pneumatic Actuators Electric Actuators Pumps and Fans Smart Vents
8.3 Security and Access Control Systems
8.3.1 Video Surveillance Systems Hardware Cameras Monitors Storage Systems Accessories Software/Video Analytics
8.3! .1.3 Services
8.3.2 Biometric Systems
8.4 Fire Protection Systems
8.4.1 Sensors and Detectors Smoke Detectors Flame Detectors Others
8.4.2 Fire Sprinklers
8.4.3 Fire Alarms
8.4.4 Emergency Lighting, Voice Evacuation, and Public Alert
8.5 Building Energy Management Software
8.6 BAS Services
8.6.1 Installation and Maintenance
8.6.2 Training
8.7 Others

9 Building Automation System Market, By Application

9.1 Introduction
9.2 Residential Application
9.2.1 Diy Home Automation
9.3 Commercial Application
9.3.1 Office Buildings
9.3.2 Retail and Public Assembly Buildings
9.3.3 Hospitals and Healthcare Facilities
9.3.4 Airport and Railways
9.4 Industrial Application

10 Building Automation System Market, By Region

11 Competitive Landscape

12 Company Profiles

  • ABB Ltd.
  • BuildingIQ
  • Crestron Electronics, Inc.
  • Distech Controls Inc.
  • Honeywell International Inc.
  • Hubbell Inc.
  • Ingersoll-Rand PLC
  • Johnson Controls International PLC
  • KMC Controls
  • Legrand SA
  • Lutron Electronics Co., Inc.
  • Nest Labs
  • Robert Bosch GmbH
  • Schneider Electric SE
  • Siemens AG
  • United Technologies Corp.

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