Building Automation Systems (BAS) Market to reach $131.5 Billion by 2030; Rising energy costs, stringent regulations, rise of smart cities and eco-friendly infrastructure, growing need for sustainability and growing number of IoT devices drive the Building Automation Systems market.

The Building Automation Systems (BAS) Market Chemicals   Market size is estimated to reach $131.5 Billion by 2030, growing at a CAGR of 7.9% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Building Automation Systems (BAS) Market  By Product Type (Lighting Control Systems, HVAC Control Systems, Security & Access Control Systems, Others), By Building Type (Office, Public Assembly, Healthcare, Retail & Services, Education, Lodging, Restaurants, Laboratory), By Application (Residential, Commercial, Industrial) By Geography - Opportunity Analysis & Industry Forecast, 2024-2030”

Rising energy costs and stringent regulations push organizations to adopt BAS for optimized energy management. Policies promoting smart buildings and sustainability encourage the deployment of automated systems. Moreover, integration of IoT devices enables real-time monitoring, control and predictive maintenance of building systems.

North America dominated the global Building Automation Systems (BAS) market with a share of 39% in 2023, due to factors like early adoption of advanced technologies, stringent energy efficiency regulations and a strong focus on sustainable building practices. Improving energy efficiency of buildings is an important component of Canada’s plan to reduce greenhouse (GHG) emissions by 40-45% by 2030 (compared to 2005 levels) and reach a net-zero future by 2050. In November 2022, the Canadian government announced an investment over $1.6 million to three residential building projects in Ontario to improve energy efficiency. The federal funding comes from Natural Resources Canada’s Green Infrastructure’s Energy Efficient Buildings Program, which serves to improve homes and buildings in terms of design, renovation and construction. Additionally, several buildings are being modernized to be more energy efficient.  Retrofitting a building for example can generate energy savings of 5 to 15%, according to Natural Resources Canada.

BAS optimizes HVAC and lighting Systems to improve indoor environments for occupants. BAS Systems incorporate fire safety, access control, and surveillance technologies, ensuring higher security standards, it also integrates sensors to monitor pollutants, carbon dioxide levels, humidity, and temperature, ensuring healthier air quality. For instance, it’s becoming an industry standard to equip a BAS with control sequences according to ASHRAE Guideline 36, High-Performance Sequences of Operation for HVAC Systems (G36). G36 includes proven control sequences developed by industry leaders to help maximize HVAC Systems energy efficiency and performance.

BAS optimizes HVAC and lighting Systems to improve indoor environments for occupants. BAS Systems incorporate fire safety, access control, and surveillance technologies, ensuring higher security standards, it also integrates sensors to monitor pollutants, carbon dioxide levels, humidity, and temperature, ensuring healthier air quality. Automated ventilation adjusts airflow based on occupancy and environmental factors to maintain optimal IAQ. Post-pandemic, there is a need for advanced filtration, UV disinfection, and anti-microbial solutions for improved occupant health. Smart acoustic management Systemss can adjust sound settings in spaces like conference rooms and open offices for improved concentration. According to the Drawdown Project, building automation Systemss can boost heating and cooling efficiency by more than 20% and energy use for lighting, appliances, and other Systemss by 8%.

• In September 2024, Johnson Controls released an update for its Building Automation System (BAS), Metasys. The new iteration, Metasys 14.0, is designed to elevate a commercial building’s overall performance and sustainability while enhancing occupant comfort, health and safety.

• In August 2024, Neilsoft announced its suite of technology-driven solutions for Indian manufacturing companies through Neil Automation. Neil Automation will provide Manufacturing & Building Automation and Digital Factory solutions across the Shopfloor, Factory and Enterprise levels to support companies on their Industry 4.0 journey. 

• In July 2024, Bosch Building Technologies announced plans to acquire DMS Digitale Mess- und SteuerSystemse AG, headquartered in Germany. DMS AG offers solutions and services in the areas of building, industrial, process and room automation as well as building and energy management.

Key companies profiled in the Building Automation Systems (BAS) Market are Honeywell International Inc., Johnson Controls Inc., Siemens AG, Rockwell Automation, Beckhoff Automation, Bosch Energy and Building Solutions, Schneider Electric, ABB, Emerson Electric, Trane Technologies and Others

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