Building Automation Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently published an in-depth report on the global Building Automation Systems Market, offering a comprehensive analysis of key market dynamics, including drivers, trends, opportunities, and challenges. The report provides detailed insights into the market structure and future projections.

Key Insights:

Building Automation Systems Market Size (2024E): USD 118.6 bn
Projected Market Value (2033F): USD 304.3 Bn
Global Market Growth Rate (CAGR 2024 to 2033): 11.0%

Building Automation Systems Market - Report Scope:

Building automation systems (BAS) are increasingly being adopted across commercial, residential, and industrial sectors to enhance operational efficiency, reduce energy consumption, and improve the overall security and comfort of buildings. These systems integrate advanced control technologies to automate various building functions, such as HVAC, lighting, and security systems, driving the demand for intelligent building solutions globally. The market is propelled by the growing emphasis on energy efficiency, smart building technologies, and regulatory standards promoting green buildings.

Market Growth Drivers:

The global market for building automation systems is primarily driven by the rising need for energy-efficient solutions and smart building initiatives across developed and developing nations. Increasing government regulations focused on reducing carbon footprints, along with the rising adoption of IoT technologies in building infrastructure, are contributing significantly to market growth. Additionally, advancements in wireless communication technologies and the increasing demand for enhanced security and occupant comfort in buildings are accelerating the deployment of BAS.

Market Restraints:

Despite the promising growth, the building automation systems market faces several challenges. High installation and maintenance costs of these systems can deter small-scale businesses and residential users from adopting advanced BAS solutions. Furthermore, the complexity of system integration and the lack of skilled professionals to manage and operate automated systems are notable barriers to market expansion.

Market Opportunities:

The building automation systems market offers significant growth opportunities, particularly in emerging economies, where the demand for smart and sustainable building technologies is on the rise. The development of cost-effective, scalable solutions for smaller buildings and the integration of AI and machine learning into BAS to optimize building performance represent potential areas for growth. Additionally, the shift towards smart cities and the increasing adoption of cloud-based solutions for building management are creating new opportunities for market players.

Key Questions Answered in the Report:

What are the main factors driving the global building automation systems market?
Which regions and industries are witnessing the highest adoption of BAS?
How are technological advancements in automation shaping the competitive landscape?
Who are the leading players in the building automation systems market, and what strategies are they employing to stay competitive?
What are the emerging trends and future growth prospects in the global building automation systems market?

Competitive Intelligence and Business Strategy:

Leading players in the global building automation systems market, such as Siemens AG, Schneider Electric, and Johnson Controls, are focusing on innovation, strategic collaborations, and expanding their product portfolios to maintain their competitive edge. These companies are investing heavily in R&D to develop cutting-edge solutions that meet evolving customer demands. Strategic partnerships with construction companies and real estate developers are crucial for market penetration. Furthermore, the growing emphasis on sustainability and energy management is pushing companies to continuously improve their offerings to meet stringent industry standards, ensuring long-term growth in the building automation systems market.

Key Companies Profiled:

Siemens AG
Honeywell International Inc.
Ingersoll-Rand Plc.
Philips Lighting Holding B.V.
United Technologies
Lennox international
Rheem Manufacturing Company
General Electric
Bosch Security Systems (Bosch Sicherheitssysteme GmbH)
Schneider Electric
Legrand
Cisco Systems, Inc.

Key Segments of Building Automation Systems Market Research

By System:

Security and Surveillance
HVAC
Lighting Solutions
Building Energy Management

By Application:

Commercial
Residential
Government

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

Product Code: PMRREP12823

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. System Innovation / Development Trends

4. Pricing Analysis

4.1. Pricing Analysis, By Building Automation Systems
4.2. Average Pricing Analysis Benchmark

5. Global Building Automation Systems Market Demand (Value in US$ Bn) Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Value (US$ Bn) Analysis, 2019-2023
5.2. Current and Future Market Value (US$ Bn) Projections, 2024-2033
- 5.2.1. Y-o-Y Growth Trend Analysis
- 5.2.2. Absolute $ Opportunity Analysis

6. Market Background

6.1. Macro-Economic Factors
6.2. Forecast Factors - Relevance & Impact
6.3. Value Chain
6.4. COVID-19 Crisis - Impact Assessment
- 6.4.1. Current Statistics
- 6.4.2. Short-Mid-Long Term Outlook
- 6.4.3. Likely Rebound
6.5. Market Dynamics
- 6.5.1. Drivers
- 6.5.2. Restraints
- 6.5.3. Opportunities

7. Global Building Automation Systems Market Analysis 2019-2023 and Forecast 2024-2033, by System

7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Bn) Analysis By System, 2019-2023
7.3. Current and Future Market Size (US$ Bn) Analysis and Forecast By System, 2024-2033
- 7.3.1. Security & Surveillance
- 7.3.2. HVAC
- 7.3.3. Lighting Solutions
- 7.3.4. Building Energy Management
- 7.3.5. Others
7.4. Market Attractiveness Analysis By System

8. Global Building Automation Systems Market Analysis 2019-2023 and Forecast 2024-2033, by Application

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Bn) Analysis By Application, 2019-2023
8.3. Current and Future Market Size (US$ Bn) Analysis and Forecast By Application, 2024-2033
- 8.3.1. Commercial
- 8.3.2. Residential
- 8.3.3. Government
- 8.3.4. Others
8.4. Market Attractiveness Analysis By Application

9. Global Building Automation Systems Market Analysis 2019-2023 and Forecast 2024-2033, by Region

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Bn) Analysis By Region, 2019-2023
9.3. Current and Future Market Size (US$ Bn) Analysis and Forecast By Region, 2024-2033
- 9.3.1. North America
- 9.3.2. Latin America
- 9.3.3. Europe
- 9.3.4. East Asia
- 9.3.5. South Asia Pacific
- 9.3.6. Middle East and Africa
9.4. Market Attractiveness Analysis By Region

10. North America Building Automation Systems Market Analysis 2019-2023 and Forecast 2024-2033

10.1. Introduction
10.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2019-2023
10.3. Current and Future Market Size (US$ Bn) Forecast By Market Taxonomy, 2024-2033
- 10.3.1. By System
- 10.3.2. By Application
- 10.3.3. By Country
  - 10.3.3.1. U.S.
  - 10.3.3.2. Canada
10.4. Market Attractiveness Analysis
- 10.4.1. By System
- 10.4.2. By Application
- 10.4.3. By Country
10.5. Market Trends
10.6. Key Market Participants - Intensity Mapping

11. Latin America Building Automation Systems Market Analysis 2019-2023 and Forecast 2024-2033

11.1. Introduction
11.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2019-2023
11.3. Current and Future Market Size (US$ Bn) Forecast By Market Taxonomy, 2024-2033
- 11.3.1. By System
- 11.3.2. By Application
- 11.3.3. By Country
  - 11.3.3.1. Brazil
  - 11.3.3.2. Mexico
  - 11.3.3.3. Rest of Latin America
11.4. Market Attractiveness Analysis
- 11.4.1. By System
- 11.4.2. By Application
- 11.4.3. By Country

12. Europe Building Automation Systems Market Analysis 2019-2023 and Forecast 2024-2033

12.1. Introduction
12.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2019-2023
12.3. Current and Future Market Size (US$ Bn) Forecast By Market Taxonomy, 2024-2033
- 12.3.1. By System
- 12.3.2. By Application
- 12.3.3. By Country
  - 12.3.3.1. Germany
  - 12.3.3.2. Italy
  - 12.3.3.3. France
  - 12.3.3.4. U.K.
  - 12.3.3.5. Spain
  - 12.3.3.6. BENELUX
  - 12.3.3.7. Russia
  - 12.3.3.8. Rest of Europe
12.4. Market Attractiveness Analysis
- 12.4.1. By System
- 12.4.2. By Application
- 12.4.3. By Country

13. South Asia & Pacific Building Automation Systems Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2019-2023
13.3. Current and Future Market Size (US$ Bn) Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By System
- 13.3.2. By Application
- 13.3.3. By Country
  - 13.3.3.1. India
  - 13.3.3.2. Indonesia
  - 13.3.3.3. Malaysia
  - 13.3.3.4. Singapore
  - 13.3.3.5. Australia & New Zealand
  - 13.3.3.6. Rest of South Asia and Pacific
13.4. Market Attractiveness Analysis
- 13.4.1. By System
- 13.4.2. By Application
- 13.4.3. By Country

14. East Asia Building Automation Systems Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2019-2023
14.3. Current and Future Market Size (US$ Bn) Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By System
- 14.3.2. By Application
- 14.3.3. By Country
  - 14.3.3.1. China
  - 14.3.3.2. Japan
  - 14.3.3.3. South Korea
14.4. Market Attractiveness Analysis
- 14.4.1. By System
- 14.4.2. By Application
- 14.4.3. By Country

15. Middle East and Africa Building Automation Systems Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2019-2023
15.3. Current and Future Market Size (US$ Bn) Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By System
- 15.3.2. By Application
- 15.3.3. By Country
  - 15.3.3.1. GCC Countries
  - 15.3.3.2. Turkey
  - 15.3.3.3. South Africa
  - 15.3.3.4. Rest of Middle East and Africa
15.4. Market Attractiveness Analysis
- 15.4.1. By System
- 15.4.2. By Application
- 15.4.3. By Country

16. Key Countries Analysis- Building Automation Systems Market

16.1. U.S. Building Automation Systems Market Analysis
- 16.1.1. By System
- 16.1.2. By Application
16.2. Canada Building Automation Systems Market Analysis
- 16.2.1. By System
- 16.2.2. By Application
16.3. Mexico Building Automation Systems Market Analysis
- 16.3.1. By System
- 16.3.2. By Application
16.4. Brazil Building Automation Systems Market Analysis
- 16.4.1. By System
- 16.4.2. By Application
16.5. Germany Building Automation Systems Market Analysis
- 16.5.1. By System
- 16.5.2. By Application
16.6. Italy Building Automation Systems Market Analysis
- 16.6.1. By System
- 16.6.2. By Application
16.7. France Building Automation Systems Market Analysis
- 16.7.1. By System
- 16.7.2. By Application
16.8. U.K. Building Automation Systems Market Analysis
- 16.8.1. By System
- 16.8.2. By Application
16.9. Spain Building Automation Systems Market Analysis
- 16.9.1. By System
- 16.9.2. By Application
16.10. BENELUX Building Automation Systems Market Analysis
- 16.10.1. By System
- 16.10.2. By Application
16.11. Russia Building Automation Systems Market Analysis
- 16.11.1. By System
- 16.11.2. By Application
16.12. Rest of Europe Building Automation Systems Market Analysis
- 16.12.1. By System
- 16.12.2. By Application
16.13. China Building Automation Systems Market Analysis
- 16.13.1. By System
- 16.13.2. By Application
16.14. Japan Building Automation Systems Market Analysis
- 16.14.1. By System
- 16.14.2. By Application
16.15. South Korea Building Automation Systems Market Analysis
- 16.15.1. By System
- 16.15.2. By Application
16.16. India Building Automation Systems Market Analysis
- 16.16.1. By System
- 16.16.2. By Application
16.17. Malaysia Building Automation Systems Market Analysis
- 16.17.1. By System
- 16.17.2. By Application
16.18. Indonesia Building Automation Systems Market Analysis
- 16.18.1. By System
- 16.18.2. By Application
16.19. Singapore Building Automation Systems Market Analysis
- 16.19.1. By System
- 16.19.2. By Application
16.20. Australia and New Zealand Building Automation Systems Market Analysis
- 16.20.1. By System
- 16.20.2. By Application
16.21. GCC Countries Building Automation Systems Market Analysis
- 16.21.1. By System
- 16.21.2. By Application
16.22. Turkey Building Automation Systems Market Analysis
- 16.22.1. By System
- 16.22.2. By Application
16.23. South Africa Building Automation Systems Market Analysis
- 16.23.1. By System
- 16.23.2. By Application
16.24. Rest of Middle East and Africa Building Automation Systems Market Analysis
- 16.24.1. By System
- 16.24.2. By Application

17. Market Structure Analysis

17.1. Market Analysis by Tier of Companies
17.2. Market Share Analysis of Top Players
17.3. Market Presence Analysis

18. Competition Analysis

18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Competition Deep Dive
- 18.3.1. Siemens AG
  - 18.3.1.1. Business Overview
  - 18.3.1.2. Product Portfolio
  - 18.3.1.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.1.4. Key Strategy & Developments
- 18.3.2. Honeywell International Inc.
  - 18.3.2.1. Business Overview
  - 18.3.2.2. Product Portfolio
  - 18.3.2.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.2.4. Key Strategy & Developments
- 18.3.3. Ingersoll-Rand Plc.
  - 18.3.3.1. Business Overview
  - 18.3.3.2. Product Portfolio
  - 18.3.3.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.3.4. Key Strategy & Developments
- 18.3.4. Philips Lighting Holding B.V.
  - 18.3.4.1. Business Overview
  - 18.3.4.2. Product Portfolio
  - 18.3.4.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.4.4. Key Strategy & Developments
- 18.3.5. United Technologies
  - 18.3.5.1. Business Overview
  - 18.3.5.2. Product Portfolio
  - 18.3.5.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.5.4. Key Strategy & Developments
- 18.3.6. Lennox international
  - 18.3.6.1. Business Overview
  - 18.3.6.2. Product Portfolio
  - 18.3.6.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.6.4. Key Strategy & Developments
- 18.3.7. Rheem Manufacturing Company
  - 18.3.7.1. Business Overview
  - 18.3.7.2. Product Portfolio
  - 18.3.7.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.7.4. Key Strategy & Developments
- 18.3.8. General Electric
  - 18.3.8.1. Business Overview
  - 18.3.8.2. Product Portfolio
  - 18.3.8.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.8.4. Key Strategy & Developments
- 18.3.9. Bosch Security Systems (Bosch Sicherheitssysteme GmbH)
  - 18.3.9.1. Business Overview
  - 18.3.9.2. Product Portfolio
  - 18.3.9.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.9.4. Key Strategy & Developments
- 18.3.10. Schneider Electric
  - 18.3.10.1. Business Overview
  - 18.3.10.2. Product Portfolio
  - 18.3.10.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.10.4. Key Strategy & Developments
- 18.3.11. Legrand
  - 18.3.11.1. Business Overview
  - 18.3.11.2. Product Portfolio
  - 18.3.11.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.11.4. Key Strategy & Developments
- 18.3.12. Cisco Systems, Inc.
  - 18.3.12.1. Business Overview
  - 18.3.12.2. Product Portfolio
  - 18.3.12.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.12.4. Key Strategy & Developments
- 18.3.13. Others
  - 18.3.13.1. Business Overview
  - 18.3.13.2. Product Portfolio
  - 18.3.13.3. Profitability by Market Segments (Business Segments/Region)
  - 18.3.13.4. Key Strategy & Developments