Building Automation System Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Building Automation System Market is expected to witness market growth at a rate of 15% in the forecast period of 2021 to 2027.

Building automation systems consist of microprocessor systems that connect wired or wireless controllers to various systems in a building. The main goal of building an automation system is to improve the efficiency of building structures. It is designed to monitor and control various parameters such as mechanical, HVAC, humidity, ventilation systems, security, fire, and lighting inside buildings or across multiple campuses. The building automation system market is growing due to the widespread application of building automation systems in residential, commercial, and industrial facilities.

Market Segments

By Offering:

• Facility Management Systems
• Security and Access Controls
• Fire Protection Systems
• Building Energy Management Software
• BAS Services
• Others

By Communication Technology:

• Wired Technology
• Wireless Technology

By Application:

• Residential
• Commercial
• Office Buildings
• Retail and Public Assembly Buildings
• Hospitals and Healthcare Facilities
• Airports and Railway Stations
• Industrial

Key Players

The major players covered in the building automation system market report are Siemens, Schneider Electric, Johnson & Johnson Private Limited, Honeywell International Inc., ABB, Carel Industries S.p.A., Carrier., Crestron Electronics, Inc., Larsen & Toubro Limited., Raytheon Technologies Corporation, Robert Bosch GmbH, Legrand, Hubbell., Ingersoll Rand, Lutron Electronics Co., Inc, BuildingIQ, Google Nest, KMC Controls.

Scope of the Report

The research study analyzes the global Building Automation System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Building Automation System Market Report

1. What was the Building Automation System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Building Automation System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Building Automation System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.