The global building automation system (BAS) market is undergoing a significant transformation. The rapid increase in the digitalization of buildings has resulted in a spurt in demand for smart building management solutions and BASs. These technologies are causing significant disruptions, driving a shift away from traditional building administration methods towards integrated systems and collaborative efforts.
BASs can help automate, control, and optimize a range of building systems, such as lighting, heating, ventilation, and air conditioning (HVAC), to improve energy efficiency and reduce energy costs. They can also improve indoor air quality (IAQ) and comfort by controlling and monitoring the temperature and humidity in a building. The use of the Internet of things (IoT) in buildings is growing, driving demand for BASs that can integrate with these devices and enable remote monitoring and control.
The global BAS market is on an upswing and is expected to have a compound annual growth rate (CAGR) of 6.6% from 2022 until 2028. While COVID-19 has accelerated the need for digitalization in buildings and intensified the focus on the health and wellness of occupants, consumer awareness of energy-efficient and sustainable buildings acts as a key growth accelerator for this market.
This research service covers the automation layers of BAS architecture and analyzes the commercial and industrial end-user segments. The report categorizes the global BAS market into five regions, namely, North America, Latin America, Europe, the Middle East & Africa, and the Asia-Pacific, and provides a region-wise analysis. It examines the factors driving and restraining growth and identifies the growth opportunities emerging from the changes in this space for market players and stakeholders to leverage. The base year is 2022, and market numbers are forecast until 2028.
Author: Viswesh Vancheeshwar
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Building Automation System (BAS) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Segmentation
Key Competitors
Key Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast Analysis
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Analysis by Region
Percent Revenue Forecast by Vertical
Revenue Forecast by Vertical
Revenue Forecast Analysis by Vertical
Key Trends: Impact of COVID-19
Key Trends: Semiconductor Shortage
Key Trends: Russo-Ukrainian War
Key Trends: Chinese Market Slowdown
Pricing Trends Analysis
Competitive Environment
Revenue Share Analysis
Key Growth Metrics
Revenue Forecast
Percent Revenue Forecast by Vertical
Revenue Forecast by Vertical
Forecast Analysis
Market Share Analysis
Key Growth Metrics
Revenue Forecast
Percent Revenue Forecast by Vertical
Revenue Forecast by Vertical
Forecast Analysis
Market Share Analysis
Key Growth Metrics
Revenue Forecast
Percent Revenue Forecast by Vertical
Revenue Forecast by Vertical
Forecast Analysis
Market Share Analysis
Key Growth Metrics
Revenue Forecast
Percent Revenue Forecast by Vertical
Revenue Forecast by Vertical
Forecast Analysis
Market Share Analysis
Key Growth Metrics
Revenue Forecast
Percent Revenue Forecast by Vertical
Revenue Forecast by Vertical
Forecast Analysis
Market Share Analysis
Growth Opportunity 1: Smart and Connected Buildings
Growth Opportunity 1: Smart and Connected Buildings (continued)
Growth Opportunity 2: Digital Twins
Growth Opportunity 2: Digital Twins (continued)
Growth Opportunity 3: Energy Efficiency and Sustainability
Growth Opportunity 3: Energy Efficiency and Sustainability (continued)
Growth Opportunity 4: New Business Models
Growth Opportunity 4: New Business Models (continued)
List of Companies in the Others Segment
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
List of Figures- BAS: Key Growth Metrics, Global, 2022
- BAS: Growth Drivers, Global, 2023–2028
- Energy-efficiency Standards of Select Countries, Global, 2022
- BAS: Growth Restraints, Global, 2023–2028
- BAS: Revenue Forecast, Global, 2020–2028
- BAS: Percent Revenue Forecast by Region, Global, 2020–2028
- BAS: Revenue Forecast by Region, Global, 2020–2028
- BAS: Percent Revenue Forecast by Vertical, Global, 2020–2028
- BAS: Revenue Forecast by Vertical, Global, 2020–2028
- BAS: Competitive Environment, Global, 2022
- BAS: Revenue Share of Top Participants, Global, 2022
- BAS: Key Growth Metrics, North America, 2022
- BAS: Revenue Forecast, North America, 2020–2028
- BAS: Percent Revenue Forecast by Vertical, North America, 2020–2028
- BAS: Revenue Forecast by Vertical, North America, 2020–2028
- BAS: Revenue Share of Top Participants, North America, 2022
- BAS: Key Growth Metrics, Europe, 2022
- BAS: Revenue Forecast, Europe, 2020–2028
- BAS: Percent Revenue Forecast by Vertical, Europe, 2020–2028
- BAS: Revenue Forecast by Vertical, Europe, 2020–2028
- BAS: Revenue Share of Top Participants, Europe, 2022
- BAS: Key Growth Metrics, Asia-Pacific, 2022
- BAS: Revenue Forecast, Asia-Pacific, 2020–2028
- BAS: Percent Revenue Forecast by Vertical, Asia-Pacific, 2020–2028
- BAS: Revenue Forecast by Vertical, Asia-Pacific, 2020–2028
- BAS: Revenue Share of Top Participants, Asia-Pacific, 2022
- BAS: Key Growth Metrics, Middle East & Africa, 2022
- BAS: Revenue Forecast, Middle East & Africa, 2020–2028
- BAS: Percent Revenue Forecast by Vertical, Middle East & Africa, 2020–2028
- BAS: Revenue Forecast by Vertical, Middle East & Africa, 2020–2028
- BAS: Revenue Share of Top Participants, Middle East & Africa, 2022
- BAS: Key Growth Metrics, Latin America, 2022
- BAS: Revenue Forecast, Latin America, 2020–2028
- BAS: Percent Revenue Forecast by Vertical, Latin America, 2020–2028
- BAS: Revenue Forecast by Vertical, Latin America, 2020–2028
- BAS: Revenue Share of Top Participants, Latin America, 2022
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The global building automation system (BAS) market is undergoing a significant transformation. The rapid increase in the digitalization of buildings has resulted in a spurt in demand for smart building management solutions and BASs. These technologies are causing significant disruptions, driving a shift away from traditional building administration methods towards integrated systems and collaborative efforts.
BASs can help automate, control, and optimize a range of building systems, such as lighting, heating, ventilation, and air conditioning (HVAC), to improve energy efficiency and reduce energy costs. They can also improve indoor air quality (IAQ) and comfort by controlling and monitoring the temperature and humidity in a building. The use of the Internet of things (IoT) in buildings is growing, driving demand for BASs that can integrate with these devices and enable remote monitoring and control.
The global BAS market is on an upswing and is expected to have a compound annual growth rate (CAGR) of 6.6% from 2022 until 2028. While COVID-19 has accelerated the need for digitalization in buildings and intensified the focus on the health and wellness of occupants, consumer awareness of energy-efficient and sustainable buildings acts as a key growth accelerator for this market.
This research service covers the automation layers of BAS architecture and analyzes the commercial and industrial end-user segments. The report categorizes the global BAS market into five regions, namely, North America, Latin America, Europe, the Middle East & Africa, and the Asia-Pacific, and provides a region-wise analysis. It examines the factors driving and restraining growth and identifies the growth opportunities emerging from the changes in this space for market players and stakeholders to leverage. The base year is 2022, and market numbers are forecast until 2028.
Author: Viswesh Vancheeshwar
| Deliverable Type | Market Research |
|---|---|
| Author | Viswesh Vancheeshwar |
| Industries | Environment |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Building Automation Control Systems |
| Keyword 2 | Global Building Automation System Market |
| Keyword 3 | building control systems |
| List of Charts and Figures | BAS: Key Growth Metrics, Global, 2022~ BAS: Growth Drivers, Global, 2023–2028~ Energy-efficiency Standards of Select Countries, Global, 2022~ BAS: Growth Restraints, Global, 2023–2028~ BAS: Revenue Forecast, Global, 2020–2028~ BAS: Percent Revenue Forecast by Region, Global, 2020–2028~ BAS: Revenue Forecast by Region, Global, 2020–2028~ BAS: Percent Revenue Forecast by Vertical, Global, 2020–2028~ BAS: Revenue Forecast by Vertical, Global, 2020–2028~ BAS: Competitive Environment, Global, 2022~ BAS: Revenue Share of Top Participants, Global, 2022~ BAS: Key Growth Metrics, North America, 2022~ BAS: Revenue Forecast, North America, 2020–2028~ BAS: Percent Revenue Forecast by Vertical, North America, 2020–2028~ BAS: Revenue Forecast by Vertical, North America, 2020–2028~ BAS: Revenue Share of Top Participants, North America, 2022~ BAS: Key Growth Metrics, Europe, 2022~ BAS: Revenue Forecast, Europe, 2020–2028~ BAS: Percent Revenue Forecast by Vertical, Europe, 2020–2028~ BAS: Revenue Forecast by Vertical, Europe, 2020–2028~ BAS: Revenue Share of Top Participants, Europe, 2022~ BAS: Key Growth Metrics, Asia-Pacific, 2022~ BAS: Revenue Forecast, Asia-Pacific, 2020–2028~ BAS: Percent Revenue Forecast by Vertical, Asia-Pacific, 2020–2028~ BAS: Revenue Forecast by Vertical, Asia-Pacific, 2020–2028~ BAS: Revenue Share of Top Participants, Asia-Pacific, 2022~ BAS: Key Growth Metrics, Middle East & Africa, 2022~ BAS: Revenue Forecast, Middle East & Africa, 2020–2028~ BAS: Percent Revenue Forecast by Vertical, Middle East & Africa, 2020–2028~ BAS: Revenue Forecast by Vertical, Middle East & Africa, 2020–2028~ BAS: Revenue Share of Top Participants, Middle East & Africa, 2022~ BAS: Key Growth Metrics, Latin America, 2022~ BAS: Revenue Forecast, Latin America, 2020–2028~ BAS: Percent Revenue Forecast by Vertical, Latin America, 2020–2028~ BAS: Revenue Forecast by Vertical, Latin America, 2020–2028~ BAS: Revenue Share of Top Participants, Latin America, 2022~ |
| Podcast | No |
| Predecessor | MF31-01-00-00-00 |
| WIP Number | PE49-01-00-00-00 |
Global Building Automation System Growth Opportunities
Global Building Automation System Growth Opportunities
Connectivity, Convergence, and Energy Efficiency will Drive Transformational Growth
RELEASE DATE
31-Mar-2023
31-Mar-2023
REGION
North America
North America
Deliverable Type
Market Research
Market Research
Research Code: PE49-01-00-00-00
SKU: EN01377-GL-MT_27523
$4,950.00
Out of stock
SKU
EN01377-GL-MT_27523