The report identified that global building automation systems is driven by factors such as the regulatory norms, the requirement for superior utility efficiency, and, increasing global demand for energy. While the restraining factors include high Cost of implementation, technical difficulties and lack of skilled experts. Further, the report identifies the opportunities in the world market as favorable government initiatives and incentives.
Building automation systems (BAS) are the centralized, interconnected networks of software and hardware which control the environment in commercial, residential and institutional facilities. The objective of installing building automation systems is improving the resident comfort, reducing consumption of energy and managing building operations effectively. Building automation systems are being introduced to new and existing buildings in order to automate various processes such as heating, ventilation and air conditioning (HVAC), lighting, etc. Moreover, this technology is not limited to residential buildings but is also being implemented in commercial buildings and various sectors such as healthcare.
The report on global building automation systems market covers segments
such as types of system, application and technology. BAS on the basis of system
type can be categorized into segments including, security and safety, lighting,
heating, ventilation, air-conditioning (HVAC) systems, energy management
devices, communication and healthcare and child safety, entertainment controls
and smart gadgets. On the basis of application the bas market can be segmented
into industrial, commercial, institutional, transportation, residential and
others. Based on technology, the bas market can be segmented into technologies
and protocol, cellular networks and wireless technologies.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.
Figure 2: Global Building Automation Systems market by Region