Building Automation and Control System Market Analysis, By Product (Lighting Control, Security and Access Control, HVAC Control, BMS, Fire & Safety), By Application (Residential, Commercial, Government), By Region And Segment Forecast, 2014 – 2025

  • Product Code:
    RP-ID-10222593
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    100
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-42

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

The Building automation and control system market was estimated as USD 30.8 Billion in 2014 and is expected to grow at a CAGR of 9.04% over the forecast period.
The control system is applied to control and monitor the MEP system such as power monitoring, security, escalators & elevators, CCTV, water monitoring, fire alarm system and plumbing. The control system is installed majorly in residential, commercial, public buildings and institutional buildings. Therefore, the system is also referred as the structural interlink network control system.
Increasing need for quick response with accuracy has led to the enhanced adoption of automation and control system in the industry. The control system helps in reducing the operating cost with existing energy resource and decreases the emission of carbon dioxide in the environment. Furthermore, growing need for the maintenance, reliability, support, customization and demand for the energy efficiency is projected to fuel the market growth over the forecast period.
One of the major factor for aiding the market growth and implementation in building is energy efficiency. The energy efficiency helps in reducing the environmental footprints and controls rising energy cost, hence raising the value of a building. Additionally, increasing trend of the wireless connectivity which further supports in control, remote monitoring, and increased security in buildings has also benefitted the industry growth.
Increasing implementation of IoT in commercial buildings such as corporate offices, retail stores, and production factories has further decreased the energy consumption, enhancing the energy efficiency. The industry players are switching from pneumatic devices to digital direct control (DDC) owing to their compatibility with the new devices.
Furthermore, the market is segmented by products which include security and access control, lighting system, BMS, HVAC control, Fire and life safety, and others. The end users of building automation and control system market are categorized into residential, commercial and institutional and public buildings.
Increasing trend for the energy efficient buildings has managed the premises to implement automated lighting control system such as sensors, timers, photo sensors, thus saving the excess usage of energy. Several lighting sources are employed in building for achieving the energy efficiency factor including incandescent lamps, LEDs which requires less maintenance with better lighting coverage.
Furthermore, the enhanced security systems such as CCTV, HDR system integrated with software for illegal intrusion, smoke and fire alarms are also installed for enhanced security within the premises. Rising demand for operational efficacy, ease of maintenance and energy efficiency in the commercial sector has positively impacted the industry.
The emergence of several local, regional, international automation solution vendors have increased high competition in the commercial automation sector. The industry vendors offers customized automation solutions at competitive price for specific applications to meet the diversified needs of the customers which include increasing the operation efficiency and reducing the energy costs, thus generating various opportunities for growth.
North America is expected to dominate the automation market over the forecast period owing to the increasing large scale adoption in healthcare and industrial market in countries such as Mexico, U.S. and Columbia. Rising awareness for energy efficiency and growing investments in infrastructure is further anticipated to boost the market in Europe region. Furthermore, Asia Pacific is projected to witness significant growth over the forecast period owing to increasing investments from foreign investors in Oil and Gas sector, infrastructure, and industrial parks.
The major players in the market include Johnson Controls, Honeywell, Automated Logic and Schneider Electric. The competitive business environment within the players has led to the product innovation and extension within the industry. The players are investing heavily in R&D activities enabling them to offer innovative solutions to the customers.Key players: Overview of market leaders in Thermoform Packaging Market by top manufacturers/players, with Thermoform Packaging Market revenue (Billion USD) and market share for each manufacturer/player; the top players including Amcor Limited, Anchor Packaging, Sonoco Products Company, Placon Corporation, Bemis Company, Inc., Display Pack Inc., Pactiv LLC, Westrock Company, E.I. Du Pont Nemours and Company, and DS Smith PLC.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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