Building Automation Systems Market – By Product Type , By Building Type , By Application By Geography - Opportunity Analysis & Industry Forecast, 2024-2030
Building Automation Systems Market Overview
Building Automation Systems Market size is forecast to reach US$131.5 billion by 2030, after growing at a CAGR of 7.9% during 2024-2030. Building Automation Systems (BAS) is an interconnected network of software and hardware that allows an operator to control a building’s lighting, HVAC, fire safety, security and other systems. BAS is also used to centralize and automate a building’s demand response activities, thereby allowing greater participation in demand response and utility programs. Modern BAS mainly include stretched remote access, diagnostic, trending, monitoring, web-based control systems and scheduling capabilities. Rising energy costs and stringent regulations push organizations to adopt BAS for optimized energy management. The rise of smart cities and eco-friendly infrastructure fuels BAS adoption in residential and commercial spaces. Additionally, the growing need for sustainability and the number of IoT devices also propel the market A major trend in the market is the integration of cloud based solutions. Cloud platforms enable remote management, analytics and improved operational efficiency. Another trend in the market is the growing demand for home automation. According to a survey of Irish consumers by by reichelt elektronik published in September 2024, the large majority of Irish households use smart home products, a figure that stands at 81%. 63% of the respondents use voice assistants such as Alexa or Google Home. 47% of the respondents use automation to increase comfort within their own four walls, while 43% see practical functions, such as remote access or automation of processes. This represents the outlook of the Building Automation Systems (BAS) Industry.
Building Automation Systems Market - Report Coverage:
The “Building Automation Systems Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Building Automation Systems Market.
Attribute | Segment |
---|---|
By Product Type |
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By Building Type |
|
By Application |
|
By Geography |
|
COVID-19 / Ukraine Crisis - Impact Analysis:
- COVID-19 pandemic accelerated the adoption of remote technologies and contactless solutions. As businesses and organizations shifted to remote work and social distancing there was a surge in demand for BAS solutions that could be remotely monitored and controlled. This led to increased investments in cloud-based BAS platforms, remote access capabilities, and integration with IoT devices.
- The Russia-Ukraine war indirectly impacted the building automation systems industry. The conflict has disrupted global supply chains, leading to increased costs and delays in the procurement of components and materials. This affected the manufacturing and deployment of BAS solutions.
Key Takeaways
HVAC Control System is the largest segment
In the Building Automation System (BAS) market, HVAC control systems represent the largest product segment. This is driven by their essential role in optimizing energy efficiency, enhancing comfort and reducing operational costs across various building types. HVAC systems are critical in both residential and commercial settings due to the growing focus on energy management and sustainability initiatives. The U.S. Green Building Council states that buildings in the United States account for 72% of electricity consumption, 39% of energy use, and 38% of carbon dioxide emissions. In buildings, heating, ventilation, and air conditioning (HVAC) systems account for one-third of energy consumption in providing desired indoor comfort for occupants.
Commercial Sector is the largest segment
The largest market segment for Building Automation Systems (BAS) by application is the Commercial Sector due to the growing adoption of automation technologies in offices, shopping malls, hotels and more. BEE's assessment shows that lighting and air conditioning use 80% of the energy in commercial buildings. High energy consumption in commercial buildings has driven the need for BAS to optimize HVAC, lighting and energy management systems ensuring operational efficiency and cost savings. Businesses are increasingly investing in smart building solutions to improve productivity, occupant comfort and sustainability. For instance, Steigenberger Alsik Hotel & Spa in Sønderborg in Denmark adopted automation solutions from Danfoss and Beckhoff with the aim of becoming the most sustainable and CO2-neutral hotels in Northern Europe. Additionally, the rise of smart cities and digital infrastructure has fueled demand for integrated BAS in commercial applications.
North America Dominates the market
North America is the largest market globally, driven by its advanced infrastructure, early technology adoption and stringent energy efficiency regulations. The widespread adoption of IoT and smart building technologies in commercial and residential spaces fuels the growth of BAS. High demand for energy management solutions driven by rising operational costs also boosts BAS implementation. In August 2024, the U.S Department of Energy (DOE) announced it was awarding 19 state and local governments a total of more than $240 million to adopt and implement new and innovative building codes that increase energy efficiency. The presence of key market players and investments in advanced automation technologies further consolidate North America's leadership. Stringent energy efficiency mandates such as Energy Star, ASHRAE standards, and LEED (Leadership in Energy and Environmental Design) certifications drive the adoption of BAS.
Energy Efficiency Requirements Concerns to Drive the Market
Energy efficiency requirements are a critical driver for the Building Automation Systems (BAS) market as organizations and governments prioritize sustainable operations to meet regulatory mandates and reduce energy consumption. In September 2024, the U.S. DOE announced selections for $38.8 million in funding for 25 projects across 17 states to research and develop high impact building technologies and practices aimed at decarbonizing, reducing peak demand on the electric grid, enhancing resilience and lowering energy costs. BAS optimizes energy usage by automating HVAC, lighting and other building systems, resulting in substantial cost savings and improved operational efficiency. Energy regulations like LEED certification and energy codes push businesses to adopt advanced automation technologies. Real-time energy monitoring facilitated by BAS enables organizations to identify inefficiencies and implement corrective measures.
Privacy and Security Concerns to hamper the Market
Privacy and security concerns present significant challenges for the adoption of Building Automation Systems (BAS). As buildings become more interconnected through IoT devices, the risk of data breaches, hacking and cyberattacks increases. BAS systems collect sensitive information such as occupant behavior, energy usage and access control data raising concerns about unauthorized access and misuse. A report from global cybersecurity company Kaspersky revealed that 38% of smart buildings had been impacted by a cyberattack. In most of these events, hackers gained access by taking advantage of vulnerabilities in the building automation system. Organizations are particularly cautious about deploying BAS in critical infrastructure like hospitals, data centers and government buildings where security breaches could have severe consequences. Outdated legacy systems without proper encryption exacerbates vulnerabilities. Additionally, compliance with stringent data protection laws such as GDPR adds complexity to BAS implementation.
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Key Market Players
Global Building Automation Systems top 10 companies include:
- Honeywell International, Inc.
- Johnson Controls Inc.
- Siemens AG
- Rockwell Automation
- Beckhoff Automation
- Bosch Energy and Building Solutions
- Schneider Electric
- ABB
- Emerson Electric
- Trane Technologies
Scope of the Report:
Report Metric | Details |
---|---|
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
CAGR |
7.9% |
Market Size in 2030 |
$131.5 Billion |
Segments Covered |
By Product Type, By Form, By Crop Type, By Application and By Geography
|
Geographies Covered |
North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands, Belgium, Denmark and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Thailand, Malaysia and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa) |
Key Market Players |
|
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List of Tables
Table 1: Building Automation Systems (BAS) Market Overview 2023-2030
Table 2: Building Automation Systems (BAS) Market Leader Analysis 2023-2030 (US$)
Table 3: Building Automation Systems (BAS) Market Product Analysis 2023-2030 (US$)
Table 4: Building Automation Systems (BAS) Market End User Analysis 2023-2030 (US$)
Table 5: Building Automation Systems (BAS) Market Patent Analysis 2013-2023* (US$)
Table 6: Building Automation Systems (BAS) Market Financial Analysis 2023-2030 (US$)
Table 7: Building Automation Systems (BAS) Market Driver Analysis 2023-2030 (US$)
Table 8: Building Automation Systems (BAS) Market Challenges Analysis 2023-2030 (US$)
Table 9: Building Automation Systems (BAS) Market Constraint Analysis 2023-2030 (US$)
Table 10: Building Automation Systems (BAS) Market Supplier Bargaining Power Analysis 2023-2030 (US$)
Table 11: Building Automation Systems (BAS) Market Buyer Bargaining Power Analysis 2023-2030 (US$)
Table 12: Building Automation Systems (BAS) Market Threat of Substitutes Analysis 2023-2030 (US$)
Table 13: Building Automation Systems (BAS) Market Threat of New Entrants Analysis 2023-2030 (US$)
Table 14: Building Automation Systems (BAS) Market Degree of Competition Analysis 2023-2030 (US$)
Table 15: Building Automation Systems (BAS) Market Value Chain Analysis 2023-2030 (US$)
Table 16: Building Automation Systems (BAS) Market Pricing Analysis 2023-2030 (US$)
Table 17: Building Automation Systems (BAS) Market Opportunities Analysis 2023-2030 (US$)
Table 18: Building Automation Systems (BAS) Market Product Life Cycle Analysis 2023-2030 (US$)
Table 19: Building Automation Systems (BAS) Market Supplier Analysis 2023-2030 (US$)
Table 20: Building Automation Systems (BAS) Market Distributor Analysis 2023-2030 (US$)
Table 21: Building Automation Systems (BAS) Market Trend Analysis 2023-2030 (US$)
Table 22: Building Automation Systems (BAS) Market Size 2023 (US$)
Table 23: Building Automation Systems (BAS) Market Forecast Analysis 2023-2030 (US$)
Table 24: Building Automation Systems (BAS) Market Sales Forecast Analysis 2023-2030 (Units)
Table 25: Building Automation Systems (BAS) Market, Revenue & Volume, By Product Type, 2023-2030 ($)
Table 26: Building Automation Systems (BAS) Market By Product Type, Revenue & Volume, By Lighting Control Systems, 2023-2030 ($)
Table 27: Building Automation Systems (BAS) Market By Product Type, Revenue & Volume, By HVAC Control Systems, 2023-2030 ($)
Table 28: Building Automation Systems (BAS) Market By Product Type, Revenue & Volume, By Security & Access Control Systems, 2023-2030 ($)
Table 29: Building Automation Systems (BAS) Market, Revenue & Volume, By Building Type, 2023-2030 ($)
Table 30: Building Automation Systems (BAS) Market By Building Type, Revenue & Volume, By Office, 2023-2030 ($)
Table 31: Building Automation Systems (BAS) Market By Building Type, Revenue & Volume, By Public Assembly, 2023-2030 ($)
Table 32: Building Automation Systems (BAS) Market By Building Type, Revenue & Volume, By Healthcare, 2023-2030 ($)
Table 33: Building Automation Systems (BAS) Market By Building Type, Revenue & Volume, By Retail & Service, 2023-2030 ($)
Table 34: Building Automation Systems (BAS) Market By Building Type, Revenue & Volume, By Education, 2023-2030 ($)
Table 35: Building Automation Systems (BAS) Market, Revenue & Volume, By Application, 2023-2030 ($)
Table 36: Building Automation Systems (BAS) Market By Application, Revenue & Volume, By Residential, 2023-2030 ($)
Table 37: Building Automation Systems (BAS) Market By Application, Revenue & Volume, By Commercial, 2023-2030 ($)
Table 38: Building Automation Systems (BAS) Market By Application, Revenue & Volume, By Industrial, 2023-2030 ($)
Table 39: North America Building Automation Systems (BAS) Market, Revenue & Volume, By Product Type, 2023-2030 ($)
Table 40: North America Building Automation Systems (BAS) Market, Revenue & Volume, By Building Type, 2023-2030 ($)
Table 41: North America Building Automation Systems (BAS) Market, Revenue & Volume, By Application, 2023-2030 ($)
Table 42: South america Building Automation Systems (BAS) Market, Revenue & Volume, By Product Type, 2023-2030 ($)
Table 43: South america Building Automation Systems (BAS) Market, Revenue & Volume, By Building Type, 2023-2030 ($)
Table 44: South america Building Automation Systems (BAS) Market, Revenue & Volume, By Application, 2023-2030 ($)
Table 45: Europe Building Automation Systems (BAS) Market, Revenue & Volume, By Product Type, 2023-2030 ($)
Table 46: Europe Building Automation Systems (BAS) Market, Revenue & Volume, By Building Type, 2023-2030 ($)
Table 47: Europe Building Automation Systems (BAS) Market, Revenue & Volume, By Application, 2023-2030 ($)
Table 48: APAC Building Automation Systems (BAS) Market, Revenue & Volume, By Product Type, 2023-2030 ($)
Table 49: APAC Building Automation Systems (BAS) Market, Revenue & Volume, By Building Type, 2023-2030 ($)
Table 50: APAC Building Automation Systems (BAS) Market, Revenue & Volume, By Application, 2023-2030 ($)
Table 51: Middle East & Africa Building Automation Systems (BAS) Market, Revenue & Volume, By Product Type, 2023-2030 ($)
Table 52: Middle East & Africa Building Automation Systems (BAS) Market, Revenue & Volume, By Building Type, 2023-2030 ($)
Table 53: Middle East & Africa Building Automation Systems (BAS) Market, Revenue & Volume, By Application, 2023-2030 ($)
Table 54: Russia Building Automation Systems (BAS) Market, Revenue & Volume, By Product Type, 2023-2030 ($)
Table 55: Russia Building Automation Systems (BAS) Market, Revenue & Volume, By Building Type, 2023-2030 ($)
Table 56: Russia Building Automation Systems (BAS) Market, Revenue & Volume, By Application, 2023-2030 ($)
Table 57: Israel Building Automation Systems (BAS) Market, Revenue & Volume, By Product Type, 2023-2030 ($)
Table 58: Israel Building Automation Systems (BAS) Market, Revenue & Volume, By Building Type, 2023-2030 ($)
Table 59: Israel Building Automation Systems (BAS) Market, Revenue & Volume, By Application, 2023-2030 ($)
Table 60: Top Companies 2023 (US$)Building Automation Systems (BAS) Market, Revenue & Volume
Table 61: Product Launch 2023-2030Building Automation Systems (BAS) Market, Revenue & Volume
Table 62: Mergers & Acquistions 2023-2030Building Automation Systems (BAS) Market, Revenue & Volume
List of Figures
Figure 1: Overview of Building Automation Systems (BAS) Market 2023-2030
Figure 2: Market Share Analysis for Building Automation Systems (BAS) Market 2023 (US$)
Figure 3: Product Comparison in Building Automation Systems (BAS) Market 2023-2030 (US$)
Figure 4: End User Profile for Building Automation Systems (BAS) Market 2023-2030 (US$)
Figure 5: Patent Application and Grant in Building Automation Systems (BAS) Market 2013-2023* (US$)
Figure 6: Top 5 Companies Financial Analysis in Building Automation Systems (BAS) Market 2023-2030 (US$)
Figure 7: Market Entry Strategy in Building Automation Systems (BAS) Market 2023-2030
Figure 8: Ecosystem Analysis in Building Automation Systems (BAS) Market 2023
Figure 9: Average Selling Price in Building Automation Systems (BAS) Market 2023-2030
Figure 10: Top Opportunites in Building Automation Systems (BAS) Market 2023-2030
Figure 11: Market Life Cycle Analysis in Building Automation Systems (BAS) Market
Figure 12: GlobalBy Product TypeBuilding Automation Systems (BAS) Market Revenue, 2023-2030 ($)
Figure 13: GlobalBy Building TypeBuilding Automation Systems (BAS) Market Revenue, 2023-2030 ($)
Figure 14: GlobalBy ApplicationBuilding Automation Systems (BAS) Market Revenue, 2023-2030 ($)
Figure 15: Global Building Automation Systems (BAS) Market - By Geography
Figure 16: Global Building Automation Systems (BAS) Market Value & Volume, By Geography, 2023-2030 ($)
Figure 17: Global Building Automation Systems (BAS) Market CAGR, By Geography, 2023-2030 (%)
Figure 18: North America Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 19: US Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 20: US GDP and Population, 2023-2030 ($)
Figure 21: US GDP – Composition of 2023, By Sector of Origin
Figure 22: US Export and Import Value & Volume, 2023-2030 ($)
Figure 23: Canada Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 24: Canada GDP and Population, 2023-2030 ($)
Figure 25: Canada GDP – Composition of 2023, By Sector of Origin
Figure 26: Canada Export and Import Value & Volume, 2023-2030 ($)
Figure 27: Mexico Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 28: Mexico GDP and Population, 2023-2030 ($)
Figure 29: Mexico GDP – Composition of 2023, By Sector of Origin
Figure 30: Mexico Export and Import Value & Volume, 2023-2030 ($)
Figure 31: South America Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 32: Brazil Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 33: Brazil GDP and Population, 2023-2030 ($)
Figure 34: Brazil GDP – Composition of 2023, By Sector of Origin
Figure 35: Brazil Export and Import Value & Volume, 2023-2030 ($)
Figure 36: Venezuela Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 37: Venezuela GDP and Population, 2023-2030 ($)
Figure 38: Venezuela GDP – Composition of 2023, By Sector of Origin
Figure 39: Venezuela Export and Import Value & Volume, 2023-2030 ($)
Figure 40: Argentina Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 41: Argentina GDP and Population, 2023-2030 ($)
Figure 42: Argentina GDP – Composition of 2023, By Sector of Origin
Figure 43: Argentina Export and Import Value & Volume, 2023-2030 ($)
Figure 44: Ecuador Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 45: Ecuador GDP and Population, 2023-2030 ($)
Figure 46: Ecuador GDP – Composition of 2023, By Sector of Origin
Figure 47: Ecuador Export and Import Value & Volume, 2023-2030 ($)
Figure 48: Peru Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 49: Peru GDP and Population, 2023-2030 ($)
Figure 50: Peru GDP – Composition of 2023, By Sector of Origin
Figure 51: Peru Export and Import Value & Volume, 2023-2030 ($)
Figure 52: Colombia Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 53: Colombia GDP and Population, 2023-2030 ($)
Figure 54: Colombia GDP – Composition of 2023, By Sector of Origin
Figure 55: Colombia Export and Import Value & Volume, 2023-2030 ($)
Figure 56: Costa Rica Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 57: Costa Rica GDP and Population, 2023-2030 ($)
Figure 58: Costa Rica GDP – Composition of 2023, By Sector of Origin
Figure 59: Costa Rica Export and Import Value & Volume, 2023-2030 ($)
Figure 60: Europe Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 61: U.K Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 62: U.K GDP and Population, 2023-2030 ($)
Figure 63: U.K GDP – Composition of 2023, By Sector of Origin
Figure 64: U.K Export and Import Value & Volume, 2023-2030 ($)
Figure 65: Germany Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 66: Germany GDP and Population, 2023-2030 ($)
Figure 67: Germany GDP – Composition of 2023, By Sector of Origin
Figure 68: Germany Export and Import Value & Volume, 2023-2030 ($)
Figure 69: Italy Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 70: Italy GDP and Population, 2023-2030 ($)
Figure 71: Italy GDP – Composition of 2023, By Sector of Origin
Figure 72: Italy Export and Import Value & Volume, 2023-2030 ($)
Figure 73: France Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 74: France GDP and Population, 2023-2030 ($)
Figure 75: France GDP – Composition of 2023, By Sector of Origin
Figure 76: France Export and Import Value & Volume, 2023-2030 ($)
Figure 77: Netherlands Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 78: Netherlands GDP and Population, 2023-2030 ($)
Figure 79: Netherlands GDP – Composition of 2023, By Sector of Origin
Figure 80: Netherlands Export and Import Value & Volume, 2023-2030 ($)
Figure 81: Belgium Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 82: Belgium GDP and Population, 2023-2030 ($)
Figure 83: Belgium GDP – Composition of 2023, By Sector of Origin
Figure 84: Belgium Export and Import Value & Volume, 2023-2030 ($)
Figure 85: Spain Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 86: Spain GDP and Population, 2023-2030 ($)
Figure 87: Spain GDP – Composition of 2023, By Sector of Origin
Figure 88: Spain Export and Import Value & Volume, 2023-2030 ($)
Figure 89: Denmark Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 90: Denmark GDP and Population, 2023-2030 ($)
Figure 91: Denmark GDP – Composition of 2023, By Sector of Origin
Figure 92: Denmark Export and Import Value & Volume, 2023-2030 ($)
Figure 93: APAC Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 94: China Building Automation Systems (BAS) Market Value & Volume, 2023-2030
Figure 95: China GDP and Population, 2023-2030 ($)
Figure 96: China GDP – Composition of 2023, By Sector of Origin
Figure 97: China Export and Import Value & Volume, 2023-2030 ($)Building Automation Systems (BAS) Market China Export and Import Value & Volume, 2023-2030 ($)
Figure 98: Australia Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 99: Australia GDP and Population, 2023-2030 ($)
Figure 100: Australia GDP – Composition of 2023, By Sector of Origin
Figure 101: Australia Export and Import Value & Volume, 2023-2030 ($)
Figure 102: South Korea Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 103: South Korea GDP and Population, 2023-2030 ($)
Figure 104: South Korea GDP – Composition of 2023, By Sector of Origin
Figure 105: South Korea Export and Import Value & Volume, 2023-2030 ($)
Figure 106: India Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 107: India GDP and Population, 2023-2030 ($)
Figure 108: India GDP – Composition of 2023, By Sector of Origin
Figure 109: India Export and Import Value & Volume, 2023-2030 ($)
Figure 110: Taiwan Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 111: Taiwan GDP and Population, 2023-2030 ($)
Figure 112: Taiwan GDP – Composition of 2023, By Sector of Origin
Figure 113: Taiwan Export and Import Value & Volume, 2023-2030 ($)
Figure 114: Malaysia Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 115: Malaysia GDP and Population, 2023-2030 ($)
Figure 116: Malaysia GDP – Composition of 2023, By Sector of Origin
Figure 117: Malaysia Export and Import Value & Volume, 2023-2030 ($)
Figure 118: Hong Kong Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 119: Hong Kong GDP and Population, 2023-2030 ($)
Figure 120: Hong Kong GDP – Composition of 2023, By Sector of Origin
Figure 121: Hong Kong Export and Import Value & Volume, 2023-2030 ($)
Figure 122: Middle East & Africa Building Automation Systems (BAS) Market Middle East & Africa 3D Printing Market Value & Volume, 2023-2030 ($)
Figure 123: Russia Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 124: Russia GDP and Population, 2023-2030 ($)
Figure 125: Russia GDP – Composition of 2023, By Sector of Origin
Figure 126: Russia Export and Import Value & Volume, 2023-2030 ($)
Figure 127: Israel Building Automation Systems (BAS) Market Value & Volume, 2023-2030 ($)
Figure 128: Israel GDP and Population, 2023-2030 ($)
Figure 129: Israel GDP – Composition of 2023, By Sector of Origin
Figure 130: Israel Export and Import Value & Volume, 2023-2030 ($)
Figure 131: Entropy Share, By Strategies, 2023-2030* (%)Building Automation Systems (BAS) Market
Figure 132: Developments, 2023-2030*Building Automation Systems (BAS) Market
Figure 133: Company 1 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 134: Company 1 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 135: Company 1 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 136: Company 2 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 137: Company 2 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 138: Company 2 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 139: Company 3 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 140: Company 3 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 141: Company 3 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 142: Company 4 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 143: Company 4 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 144: Company 4 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 145: Company 5 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 146: Company 5 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 147: Company 5 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 148: Company 6 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 149: Company 6 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 150: Company 6 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 151: Company 7 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 152: Company 7 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 153: Company 7 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 154: Company 8 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 155: Company 8 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 156: Company 8 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 157: Company 9 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 158: Company 9 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 159: Company 9 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 160: Company 10 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 161: Company 10 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 162: Company 10 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 163: Company 11 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 164: Company 11 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 165: Company 11 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 166: Company 12 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 167: Company 12 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 168: Company 12 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 169: Company 13 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 170: Company 13 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 171: Company 13 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 172: Company 14 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 173: Company 14 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 174: Company 14 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
Figure 175: Company 15 Building Automation Systems (BAS) Market Net Revenue, By Years, 2023-2030* ($)
Figure 176: Company 15 Building Automation Systems (BAS) Market Net Revenue Share, By Business segments, 2023 (%)
Figure 177: Company 15 Building Automation Systems (BAS) Market Net Sales Share, By Geography, 2023 (%)
The Building Automation Systems Market is projected to grow at 7.9% CAGR during the forecast period 2024-2030.
The Building Automation Systems Market size is estimated to be $77.2 billion in 2023 and is projected to reach $131.5 billion by 2030
The leading players in the Building Automation Systems Market are Honeywell International, Inc., Johnson Controls Inc., Siemens AG, Rockwell Automation, Beckhoff Automation
Growing demand for home automation and integration of cloud based solutions are some of the major Building Automation Systems Market trends in the industry which will create growth opportunities for the market during the forecast period.
Rising energy costs, stringent regulations, rise of smart cities and eco-friendly infrastructure, growing need for sustainability and growing number of IoT devices also propel the marketare the driving factors of the market.