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GLOBAL BUILDING AUTOMATION SYSTEMS MARKET:TRENDS ANALYSIS AND FORECASTS UP TO 2021

The restraining force influencing Building Automation plementation of the smart grid technologies, housing
Systems market is the expense involved in installa- trends and energy management practices have
tion of Building Automation Systems. Cost benefit played a major role in the growth of this market.
ratio and ambiguity regarding the structure of funding
in implementation of Building Automation Systems The restraining force influencing BAS market is the
infrastructure is also acting as a restraining factor in expense involved in installation of BAS. Cost benefit
some markets. ratio and ambiguity regarding the structure of funding
in implementation of BAS infrastructure is also acting
Building automation systems (BAS) are the central- as a restraining factor in some markets.
ized, interconnected networks of software and hard-
ware which control the environment in commercial, Recent trends demonstrate that the governments of
residential and institutional facilities. The objective of various countries are implementing regulations to
installing building automation systems is improving minimize the wastage of energy, which results in in-
the resident comfort, reducing consumption of energy creasing usage of BAS. More stringent regulations
and managing building operations effectively. are expected to be implemented in future which
would drive the market for BAS.
BAS on the basis of product type can be categorized
into segments including, security and safety, lighting, North America is currently leading in the building au-
heating, ventilation, air-conditioning (HVAC) systems, tomation systems market. Asia-Pacific is expected to
energy management devices, communication and be driven by China, India, South Korea and Japan
healthcare and child safety, entertainment controls among others. China is expected to lead the BAS
and smart gadgets. On basis of end-users the BAS market in the subsequent years. Currently the Euro-
market can be segmented into industrial, commercial, pean region is observing a significant growth in
and residential. Based on technology, the BAS mar- Spain, the U.K., Germany and France owing to their
ket can be segmented into technologies and protocol, introduction of new energy related regulations. The
cellular networks and wireless technologies. Middle-East with its rapid industrialization will observe
huge growth in the recent future. Few major players
The major driving forces for this market are the regu- in the BAS market are Siemens AG, Schneider Elec-
latory norms, the requirement for superior utility effi- tric Legrand ABB, Emerson Electric Co., Crestron
ciency, increasing global demand for energy and en- Electronics and Honeywell International among oth-
hanced customer service. Additionally, need for im- ers.

Global Building Automation Systems market: regional Shares Global Building Automation Systems market applications shares

Market Analysis Residential


x.x% x.x%
2015 2021

100% 50% 100% 100% 50% 100%


North America
Europe
commercial Industrial
Asia Pacific
RoW x.x% x,.x%

100% 50% 100% 100% 50% 100%

Global Building Automation Systems market : Regional Highlights Global Building Automation Systems market : industry developments of key participants

X.X%

X.X%
x.x
x.x Merger &
% x.x X.X% Acquisitions
% %
X.X%

Joint ventures

North America
x.x New Product
Development
Latin America %

Europe
Others

Asia
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