Building Automation System Market Size 2021 Global Share, Upcoming Trends, Huge Growth Opportunity, Comprehensive Outlook, And Forecast 2030

In a recent published report, Kenneth Research has updated the market report for Building Automation System Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Building Automation System Market products.

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Global Building Automation System Industry was valued at USD 75 Billion in the year 2018. Global Building Automation System Industry is further estimated to grow at a CAGR of 10.5% from 2018 to 2025 to reach USD 133.7 Billion. The growth in automated security systems in buildings, development of wireless protocols and wireless sensor network technology for Building Automation System, and rapid penetration of IoT in building automation systems are the critical factors driving the growth of the Building Automation System Industry.

Building energy management software helps building administrators or homeowners to continuously screen and investigate how much electricity is utilized by a building. It does not just advise building administrators or owners of energy drifts but in addition, gives noteworthy data to energy saving. With the approach of innovation, Building Automation System makers are concentrating on creating easy to understand software for the administration of energy utilization in a building, which, in turn, driving the interest for building energy management software. 

Industrial facilities include factories, production plants, distribution facilities, and other infrastructure buildings that support manufacturing and processing functions. The segment is designed to adopt smart building solutions to achieve electricity and cost savings, higher productivity, enhanced identity and access management, and optimized surveillance. Commercial buildings have their own set of requirements for different operational purposes. These buildings are equipped with highly sophisticated technologies, ranging from lifts and air-conditioning units to controlled ventilation systems, which contributes to high electricity utilization. Reduction in electricity expenditure is critical for a commercial building, as it directly contributes to the operational and capital expenditure of the company and can affect its profitability.

The Building Automation System Industry in APAC is expected to grow at the highest CAGR during the forecast period. The expected rise is attributed to the rapid growth of the construction industry in developing countries such as China and India and government initiatives toward electricity conservation have contributed to the growth of the Building Automation System Industry in APAC. Countries such as China and India have aggressively started developing smart cities. Building Automation System is acting as a key enabler in achieving these objectives by the respective countries.

Major Industry players in Building Automation System Industry are ABB, Honeywell Building Solutions, Siemens Building Tech, Schneider Systems& Services, Johnson Controls Building Efficiency, Legrand SA, United Technologies, KMC Controls, Distech Controls, Crestron and Other Company Profile is provided as per client requirement.

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Building Automation System Industry Segmentation:

Building Automation System Industry Overview, By Communication Technology
 Communication Technology 
  Wireless Technologies
  Wired Technologies

Building Automation System Industry Overview, By Application
  Residential Applications
  Commercial Applications
  Industrial Application

Building Automation System Industry Overview, By Offering
  Facility Management Systems 
  Lighting Control Systems
  HVAC Control Systems

Security and Access Control Systems 
  Fire Protection Systems 
  Building electricity Management Software 
  BAS Services 
  Others

Building Automation System Industry Overview, by Region
North America
   USA
   Canada
Europe
   Germany
   U.K.
   France
   Italy
   Rest of Europe
APAC
   China
   India
   Japan
   Rest of Asia-Pacific
RoW
   Latin America
   Middle East & Africa

Table of Content
1. Introduction
1.1 Industry Vision
1.1.1 Industry Definition
1.2 Industry Scope
1.3 Limitations
1.4 Stakeholders

2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.1.1. Key Data from Secondary Research
2.1.2. Primary Research
2.1.2.1. Key Data from Primary Research
2.1.2.2. Breakdowns of Primary Interviews
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top down Approach
2.2.3. Annual Turnover Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption

3. Executive Summary

4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5 Threats
4.6 Regulations
4.7 Supply chain analysis/ value chain analysis
4.8 Patents and Standards

5. Industry Trends
5.1 Introduction
5.2 Value Chain Analysis
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry

6.Global Building Automation System Industry,By Communication Technology
6.1.Communication Technology
6.2.Wireless Technologies
6.3.Wired Technologies

7.Building Automation System Industry Overview, By Application
7.1.Residential Applications
7.2.Commercial Applications
7.3.Industrial Application

8.Building Automation System Industry Overview, By Offering
8.1.Facility Management Systems
8.2.Lighting Control Systems
8.3.HVAC Control Systems
8.4.Security and Access Control Systems
8.5.Fire Protection Systems
8.6.Building electricity Management Software
8.7.BAS Services
8.8.Others

9. Geographical Analysis
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. RoE
9.4. Asia Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. RoAPAC
9.5. RoW
9.5.1. Latin America
9.5.1.1. Brazil
9.5.1.2. Argentina
9.5.1.3. Rest of Latin America
9.5.2. Middle East and Africa

10. Company Profiles
10.1. Honeywell Building Solutions
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Product Overview
10.1.4 Current Development
10.2. ABB
10.3. Siemens Building Tech
10.4. Schneider Systems & Services
10.5. Johnson Controls Building Efficiency
10.6. Legrand SA
10.7. United Technologies
10.8. KMC Controls
10.9. Distech Controls
10.10. Crestron

11. Competitive Analysis
11.1 Introduction
11.2 Industry Positioning of Key Players
11.3 Competitive Strategies Adopted by Leading Players
11.3.1 Investments & Expansions
11.3.2 New Product Launches
11.3.3 Mergers & Acquisitions
11.3.4 Agreements, Joint Ventures, and Partnerships

12. Appendix
12.1. Questionnaire
12.2 Available Customizations
12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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