1 / 8

Building Automation System Market Size, Share, Growth & Trend Analysis 2030

Building Automation System Market size was valued at USD 27.69 Bn. in 2023 and the total Building Automation System revenue is expected to grow by 4.9 % from 2024 to 2030, reaching nearly USD 38.7 Bn.

kadambarimmr
Download Presentation

Building Automation System Market Size, Share, Growth & Trend Analysis 2030

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. BUILDING AUTOMATION SYSTEM MARKET GLOBAL ANALYSIS REPORT 2024-2030 Published by: Kadambari Jedhe

  2. Market Size & Overview: The global Building Automation System (BAS) market is experiencing significant growth, driven by the increasing demand for energy-efficient and smart building solutions. Estimates of market size and growth vary among different sources. For example, one report valued the market at $76.9 billion in 2023, projecting it to reach $197.5 billion by 2032, with a CAGR of 11.2% during the forecast period. Another source reported a market size of $92.16 billion in 2024, expected to grow to $191.5 billion by 2031, at a CAGR of 10.56%. These variations highlight the robust growth trajectory of the BAS market.

  3. Market Growth & Opportunities The BAS market's growth is propelled by several factors: Energy Efficiency: Rising energy costs and environmental concerns are leading to increased adoption of BAS to optimize energy consumption. Technological Advancements: Integration of IoT and AI technologies enhances the functionality and efficiency of building automation systems. Urbanization: Rapid urban development, especially in emerging economies, necessitates smart infrastructuresolutions. Regulatory Support: Governments worldwide are implementing policies and incentives to promote energy-efficient building solutions. Sample Request

  4. Market Segmentation By Offerings By Application ❖Facility Management Systems ❖ResidentialApplications ❖Fire ProtectionSystems ❖DIY Home Automation ❖Security and Access Control Systems ❖CommercialApplications ❖BAS Services ❖Office Buildings ❖Building Energy ManagementSoftware ❖Retailand Public Assembly Buildings ❖LightingControlSystems ❖Hospitalsand HealthcareFacilities ❖HVAC Control Systems ❖Airports and Railway Stations ❖Other ❖IndustrialApplication ❖Government ❖Other

  5. Regional Analysis: ▪ North America: This region holds a significant share of the BAS market, driven by technologicaladvancements and stringent energy efficiency regulations. ▪ Europe: Countries like Germany, France, and the UK are leading in BAS adoption, focusing on reducing carbon emissions and enhancing building efficiency. ▪ Asia-Pacific (APAC): The APAC region is experiencing rapid growth in the BAS market, attributed to urbanization, industrialization, and supportive government initiatives promoting smart building solutions.

  6. Regional Analysis Regional Analysis 2025-2030 South America Middle East and Africa North America Asia Pacific Europe Customized Report Request

  7. Merges and Acquisition Notable mergers and acquisitions in the BAS industry include: Honeywell's Acquisition of Xtralis (2016): Honeywell acquired Xtralis, a leading provider of aspirating smoke detection and video surveillance solutions, to enhance its fire detection and security offerings. Siemens' Acquisition of Enlighted (2018): Siemens acquired Enlighted, a leading provider of smart IoT systems in buildings, to strengthen its position in the smart building market. Johnson Controls' Acquisition of Tyco International (2016): Johnson Controls merged with Tyco International, a global fire and security provider, to expand its building automationand security solutions portfolio. Buy This Report

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

More Related