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Building Automation System Market by Offering ( Facility Management Systems, Security & Access Controls, Fire Protection Systems), Communication Technology (Wireless Technolgies, Wired Technologies), Application, & Region - Global Forecast to 2028

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Date: 15-Nov-2023
No. of pages: 200
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“Transformative impact of IoT and data analytics on building automation systems is increasing the demand of building automation system market.”

The building automation system market is expected to reach USD 155.9 billion by 2028 from 88.4 billion in 2023, at a CAGR of 12.0% during the 2023- 2028 period.

The IoT's evolution enables seamless communication between electronic devices without human intervention, revolutionizing building automation systems. Traditionally, HVAC, security, and lighting systems operated independently, but IoT integration empowers providers to introduce smart devices for efficient building management.

Cloud technology allows building automation providers to offer autonomous, data-rich monitoring services. This cloud-based system offers a user-friendly interface and data analytics, providing insights into weather forecasts, lighting control, access permissions, utility usage, and heating/cooling patterns. IoT facilitates automatic temperature adjustments based on sensor data, reducing energy consumption and costs.

This integration also makes building automation systems more cost-effective for buildings of all sizes.

Data analytics, driven by the vast data streams from various sources like sensors and thermostats, has the potential to transform the building automation market. It enhances facility management, reduces costs, and improves performance. The challenge lies in delivering intelligent solutions to predict equipment failures and understand user behavior through historical data analysis. Leading companies like IBM and Schneider are pioneering advanced data analytics platforms, but there is immense potential for expanding these capabilities, ultimately tailoring solutions to each building's unique data profile.

“Security & Access Control is expected to have the highest market share in the forecast period.”

 The safety and security systems of buildings and their occupants now include security and access control systems as standard components. They have done away with human intervention and transformed building security. These devices are put in place in buildings to track who enters and leaves, monitor people's movements and activities, and raise security levels. These systems are used by many organizations to monitor activity within buildings, regulate entry to premises, and safeguard their property, personnel, and data. To protect their citizens from terrorist assaults, governments throughout the world are investing more and more in creating dependable and strong security systems. The need for home security solutions is increasing quickly due to a number of factors, including the need to monitor children and provide medical care for elderly people at home, an increase in crime, and technological developments in home security solutions. Biometric and video surveillance systems are two categories under which security and access control systems fall. In the building automation system industry, Honeywell Security Group (US), Siemens AG (Germany), Carrier (US), and Trane Technologies (Ireland) are prominent players that offer security and access control systems.

“North America recorded the highest market share in the building automation system market  for 2022.”

North America stands as one of the world's most developed regions and a prominent hub for the building automation systems market. In the year 2022, North America held a highest market share within the building automation system industry. The escalating demand for energy management and the increasing desire for eco-friendly residences have fueled the expansion of the North American building automation system market. This market has been scrutinized with a focus on the US, Canada, and Mexico.

Government agencies across the region collaborate to foster efficient and clean energy production and utilization. A noteworthy example is the North American Energy Working Group (NAEWG), established in 2001 through the joint efforts of the US, Canada, and Mexico. NAEWG's primary objective is to bolster energy cooperation within the region. This includes enhancing communication and collaboration among these nations' governments and energy sectors regarding shared energy-related concerns. Additionally, the group concentrates on advancing energy trade and ensuring consistent interconnections in North America to promote sustainable development.

“Builing automation system by commercial application is projected to have the highest market share in the forecast period”

Commercial applications of building automation systems encompass office complexes, hotels, healthcare institutions, retail and public gathering spaces, airports and train stations, warehouses, and more. Office buildings stand out as significant users of commercial building automation systems due to the prevalent utilization of energy-intensive equipment like HVAC and lighting control systems. These systems in office buildings primarily encompass HVAC control, lighting control, and security and access control. Many businesses prioritize creating a comfortable work environment with well-managed HVAC and efficient lighting systems to enhance employee productivity. For instance, May 2023 marked the completion of a 16-story office tower- the 555 Greenwich development- in New York City, touted as one of the most sustainable office buildings in the city, developed by the Hudson Square Properties and Hines. The office building features an innovative HVAC system with geothermal wells, a dedicated outdoor air system (DOAS), radiant heating and cooling, and a sophisticated control system for optimal performance. Connected to an adjoining office building, it is expected to use less than half the energy of its neighbor and be 40% more energy-efficient than the average large office building in New York. The tower is fully electrified, uses advanced HVAC technologies, and employs AI for energy-efficient operations, setting a precedent for sustainability in the city. Consulting engineers and sustainable design firms collaborated on this advanced HVAC system.

Retail buildings encompass various retail outlets, grocery stores, and expansive shopping malls. Public buildings include government-owned public administration facilities, municipal offices, utilities for water and electricity distribution, sports complexes, and auditoriums. Retail operations present a complex landscape with challenges such as security concerns, including theft and inventory losses that impact profits. Therefore, security and access control systems are of paramount importance in the retail sector. Furthermore, the adoption of HVAC control and security systems has become a standard practice in shopping malls and grocery stores, ensuring the safety and comfort of shoppers while also contributing to energy cost reductions. Some companies deliver building automation system solutions for retail and public assembly buildings. For instance, 75F, and Indian company based in Bengaluru, offers building automation systems for retail applications that include energy management solutions to increase energy efficiency, creating effective scheduling for building lighting etc. The company- 75F received an investment from Next47, the global venture capital firm backed by Siemens, led the investment on behalf of Siemens Smart Infrastructure, because of its innovative solutions.

The majority of retailers contend with the issue of exceptionally narrow profit margins, rendering them acutely conscious of their operational expenditures. From individual stores to global retail chains, concerns revolve around building leases, escalating merchandise costs, and various fixed expenses. As a result, there has been a growing inclination towards implementing building automation systems, primarily to mitigate energy expenses. Leveraging wireless communication and cloud technology has made building controls more cost-effective. The adoption of building automation systems incorporating wireless communication and cloud capabilities has empowered numerous retail enterprises to achieve substantial energy cost reductions, often reaching up to 30%.

“Facility management type lighting control to grow at the highest CAGR for building automation system in the forecast period”

Lighting controls are important in building automation. Despite using less energy than HVAC systems, lighting systems are deployed in huge numbers in buildings, necessitating their automation. Lighting controls fulfill the current demands for environmental sustainability and responsibility while assisting in the promotion of energy efficiency and cost savings in a simple and accessible way. Lighting controls allow lighting systems to adapt to the real-world conditions in a room, such as the quantity of natural light present and the number of people using the space. As a result, lighting controls give residents the appropriate quantity of artificial light based on their needs. These systems are widely used in commercial, residential, and industrial buildings for both interior and outdoor illumination. The demand for lighting controls is rising worldwide since they are crucial for energy conservation.

Lighting sensors can be used to detect occupancy, daylight, and motion. This data can then be used to automate the operation of lighting systems, such as turning lights on and off automatically, adjusting the brightness of lights, and dimming lights when there is sufficient natural light. These sensors can help to improve energy efficiency by reducing the amount of time that lights are on unnecessarily. For example, occupancy sensors can turn off lights in empty rooms, and daylight harvesting systems can reduce the need for artificial light during the day. They can help to reduce operating costs by lowering energy bills. Additionally, they can reduce the need for maintenance and replacement of lighting fixtures. They can help to improve comfort and productivity by creating a more dynamic and responsive lighting environment. They can also be used to enhance security by detecting movement in areas where people should not be.

The break-up of the profile of primary participants in the building automation system market-


  • By Company Type: Tier 1 – 30%, Tier 2 – 50%, Tier 3 – 20%

  • By Designation Type: C Level – 25%, Director Level – 35%, Others – 40%

  • By Region Type:North America – 35%, Europe –30 %, Asia Pacific – 25%, RoW – 10%,


The major players in the building automation system market are Honeywell International Inc. (US), Siemens (Germany), Johnson Controls (US), Schneider Electric (France), Carrier (US), Robert Bosch GmbH (Germany), Legrand (France), Hubbell (US), ABB (Switzerland), Trane Technologies plc (Ireland), Lutron Electronics Co., Inc (US), Crestron Electronics, Inc. (US), Hitachi, Ltd. (Japan), Delta Controls (Canada), Beckhoff Automation (Germany),  Lennox International Inc. (US), Current Lighting Solutions, LLC. (US), ACUITY BRANDS, INC, (Canada), Dialight (UK), Cisco Systems, Inc. (US), Rockwell Automation (US), Snap One, LLC (US), Signify Holding (Netherlands), Emerson Electric Co. (US), Leviton Manufacturing Co., Inc. (US), Mitsubishi Electric Corporation (Japan), Huawei Technologies Co., Ltd. (China), Bajaj Electricals Ltd (India), and Beijer Electronics, Inc. (Sweden).

Research Coverage

The report segments the building automation system market and forecasts its size based  and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.

Reasons to buy the report:

The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall building automation system market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:


  • Analysis of key drivers (empowering building automation through remote monitoring and control), restraints (complexity of customizing building automation solution), opportunities (increasing government and stakeholders’ investments for the establishment of smart cities), and challenges (rapid technological evolution poses an obstacle to the building automation system growth)

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the building automation system  market

  • Market Development: Comprehensive information about lucrative markets – the report analyses the building automation system market across varied regions.

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the building automation system  market

  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Honeywell International Inc. (US), Siemens (Germany), Johnson Controls (US), Schneider Electric (France), Carrier (US), and many more.

Building Automation System Market by Offering ( Facility Management Systems, Security & Access Controls, Fire Protection Systems), Communication Technology (Wireless Technolgies, Wired Technologies), Application, & Region - Global Forecast to 2028

Table Of Contents

1 Introduction 24
1.1 Study Objectives 24
1.2 Market Definition 24
1.2.1 Inclusions And Exclusions 25
1.3 Study Scope 26
1.3.1 Markets Covered 26
Figure 1 Building Automation System Market: Segmentation 26
1.3.2 Regional Scope 26
1.3.3 Years Considered 27
1.3.4 Currency Considered 27
1.4 Limitations 27
1.5 Stakeholders 28
1.6 Summary Of Changes 28
1.7 Recession Impact 28

2 Research Methodology 29
2.1 Research Data 29
Figure 2 Building Automation System Market: Research Design 30
2.1.1 Secondary Data 30
2.1.1.1 Key Data From Secondary Sources 31
2.1.1.2 Key Secondary Sources 32
2.1.2 Primary Data 32
2.1.2.1 Key Data From Primary Sources 33
2.1.2.2 Key Participants For Primaries 33
2.1.2.3 Breakdown Of Primaries 34
2.1.2.4 Key Industry Insights 34
2.1.3 Secondary And Primary Research 35
2.2 Market Size Estimation 35
Figure 3 Market Size Estimation Methodology: Approach 1 (Supply Side): Revenue Generated By Key Players In Building Automation System Market 36
Figure 4 Market Size Estimation Methodology: Approach 2 (Supply Side): Illustration Of Revenue Estimation Of Key Players In Building Automation System Market 37
Figure 5 Market Size Estimation Methodology: Approach 3 (Demand Side) —Bottom-Up Estimation Of Building Automation System Market Based On Region 38
2.2.1 Bottom-Up Approach 38
2.2.1.1 Approach To Derive Market Size Using Bottom-Up Analysis 38
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach 39
2.2.2 Top-Down Approach 39
2.2.2.1 Approach To Derive Market Size Using Top-Down Analysis 39
Figure 7 Market Size Estimation Methodology: Top-Down Approach 39
2.3 Market Share Estimation 40
2.4 Data Triangulation 40
Figure 8 Data Triangulation 41
2.5 Risk Assessment 41
Table 1 Risk Assessment 42
2.6 Parameters Considered To Analyze Recession Impact On Building Automation System Market 42
2.7 Research Assumptions 43
2.8 Research Limitations 43

3 Executive Summary 44
3.1 Impact Of Recession 44
Figure 9 Building Automation System Market: Impact Of Recession 45
Figure 10 Security & Access Controls Segment To Hold Largest Market Share In 2028 45
Figure 11 Commercial Segment To Account For Largest Market Share In 2028 46
Figure 12 Wireless Technologies Segment To Register Higher Cagr During Forecast Period 46
Figure 13 Asia Pacific To Register Highest Cagr In Building Automation System Market During Forecast Period 47

4 Premium Insights 48
4.1 Attractive Opportunities For Players In Building Automation System Market 48
Figure 14 Rising Focus On Constructing Energy-Efficient And Eco-Friendly Buildings 48
4.2 Building Automation System Market, By Facility Management Systems 48
Figure 15 Hvac Controls Segment To Hold Larger Market Share In 2023 48
4.3 Building Automation System Market, By Security And Access Control Type 49
Figure 16 Biometric Systems Segment To Register Higher Cagr During Forecast Period 49
4.4 Building Automation System Market, By Country 49
Figure 17 India To Exhibit Highest Cagr In Building Automation System Market During Forecast Period 49

5 Market Overview 50
5.1 Introduction 50
5.2 Market Dynamics 51
Figure 18 Building Automation System Market: Drivers, Restraints, Opportunities, And Challenges 51
5.2.1 Drivers 52
5.2.1.1 High Emphasis On Constructing Energy-Efficient Buildings 52
5.2.1.2 Incorporation Of Advanced Surveillance And Biometric Technologies Into Building Automation Systems 52
5.2.1.3 Integration Of Iot Technologies And Data Analytics Into Building Automation Systems 53
5.2.1.4 Development Of Wireless Protocols And Wireless Sensor Network Technology For Building Automation Systems 53
5.2.1.5 Growing Need To Enhance Occupant Comfort, Productivity, Security, And Safety In Residential, Commercial, And Industrial Sectors 54
Figure 19 Building Automation System Market: Impact Analysis Of Drivers 54
5.2.2 Restraints 55
5.2.2.1 Technical Complexities Associated With Installation And Maintenance And Shortage Of Skilled Professionals 55
5.2.2.2 Difficulties In Customizing Building Automation Systems 55
Figure 20 Building Automation System Market: Impact Analysis Of Restraints 56
5.2.3 Opportunities 56
5.2.3.1 Increasing Investments By Governments And Various Stakeholders In Establishment Of Smart Cities 56
5.2.3.2 Government-Led Initiatives To Enhance Energy Efficiency And Comply With Green Building Standards 56
5.2.3.3 Integration Of Building Automation Systems With Renewable Energy Sources 57
Figure 21 Building Automation System Market: Impact Analysis Of Opportunities 57
5.2.4 Challenges 58
5.2.4.1 Lack Of Standardized Communication Protocols 58
5.2.4.2 Need To Keep Systems Up-To-Date With Rapid Technological Advancements 58
Figure 22 Building Automation Market: Impact Analysis Of Challenges 59
5.3 Supply Chain Analysis 59
Figure 23 Building Automation System Market: Supply Chain Analysis 59
5.3.1 Research And Development (R&D) 60
5.3.2 Product Manufacturing 60
5.3.3 System Integration 60
5.3.4 Marketing And Sales 60
5.3.5 Applications 60
5.4 Trends/Disruptions Impacting Customers’ Businesses 60
Figure 24 Trends/Disruptions Impacting Customers’ Businesses 61
5.5 Ecosystem Mapping 61
Table 2 Companies And Their Role In Building Automation System Ecosystem 61
Figure 25 Building Automation System Market: Ecosystem Mapping 62
5.6 Technology Analysis 63
5.6.1 Ai-Driven Analytics 63
5.6.2 Ip-Based Building Automation Systems 63
5.6.3 Cloud-Based Fire Protection Systems 63
5.6.4 Thermal Cameras In Access Control Systems 64
5.6.5 Digital Twin Technology In Building Automation 64
5.7 Porter’s Five Forces Analysis 64
Figure 26 Building Automation System Market: Porter’s Five Forces Analysis 65
Figure 27 Impact Of Porter’s Five Forces 65
Table 3 Building Automation System Market: Porter’s Five Forces Analysis 66
5.7.1 Intensity Of Competitive Rivalry 66
5.7.2 Threat Of New Entrants 66
5.7.3 Threat Of Substitutes 66
5.7.4 Bargaining Power Of Buyers 67
5.7.5 Bargaining Power Of Suppliers 67
5.8 Case Study Analysis 67
5.8.1 Ivy League University Partnered With Buildings Iot To Install Legacy Building Systems 67
5.8.2 Santa Clara-Based Software Company Partnered With Buildings Iot To Increase Operational Efficiency By Integrating Different Data Streams Into Single Repository, Upgrading And Customizing Analytics 68
5.8.3 Hippodrome Paris-Longchamp (Sports Facility In France) Utilized Ldali-Me204-U Dali Controllers Of Loytec To Streamline Lighting Control And Enhance Efficiency 69
5.9 Patent Analysis 70
5.9.1 Document Type 70
Table 4 Patents Filed And Granted, 2013–2022 70
Figure 28 Patents Applied And Issued, 2013–2022 70
5.9.2 Publication Trend 71
Figure 29 Number Of Patents Published Each Year, 2013–2022 71
5.9.3 Jurisdiction Analysis 71
Figure 30 Jurisdiction Analysis, 2013–2022 71
5.9.4 Top Patent Owners 71
Figure 31 Top 10 Patent Owners From 2013 To 2022 72
Table 5 Top 20 Published Patent Owners In Last 10 Years 72
5.10 Trade Analysis 73
Figure 32 Country-Wise Export Data For Products Under Hs Code 8415, 2018–2022 73
Table 6 Export Data For Hs Code 8415-Compliant Products, By Country, 2018–2022 (Usd Thousand) 73
Figure 33 Country-Wise Import Data For Products Classified Under Hs Code 8415, 2018–2022 74
Table 7 Import Data For Hs Code 8415-Compliant Products, By Country, 2018–2022 (Usd Thousand) 74
5.11 Pricing Analysis 75
5.11.1 Average Selling Price (Asp) Of Facility Management Systems Offered By Top Three Players, 2022 (Usd) 75
Table 8 Average Selling Price (Asp) Of Facility Management Systems Offered By Top Three Players, 2022 (Usd) 75
Table 9 Historic Average Selling Price (Asp) Of Hvac Controls Offered By Three Key Players, 2019–2022 (Usd) 75
5.11.2 Indicative Pricing Of Hvac, By Region, 2022 (Usd) 76
5.12 Tariff Analysis 76
Table 10 Mfn Tariff Related To Products Included Under Hs Code: 8415 Exported By China, 2022 76
5.13 Standards And Regulatory Landscape 76
5.13.1 Standard Related To Building Automation Systems 76
Table 11 Building Automation System Market: Standards 76
5.13.2 Regional Regulatory Bodies, Government Agencies And Other Organizations 77
Table 12 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations 77
Table 13 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations 79
Table 14 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations 80
Table 15 Row: List Of Regulatory Bodies, Government Agencies, And Other Organizations 81
5.14 Key Conferences And Events, 2023–2024 81
5.15 Key Stakeholders And Buying Criteria 83
5.15.1 Key Stakeholders In Buying Process 83
Figure 34 Influence Of Stakeholders On Buying Process For Three Key Applications 83
Table 16 Influence Of Stakeholders On Buying Process For Three Key Applications (%) 83
5.15.2 Key Buying Criteria 83
Figure 35 Key Buying Criteria For Top Three Applications 83
Table 17 Key Buying Criteria For Three Key Applications 84

6 Building Automation System Market, By Offering 85
6.1 Introduction 86
Figure 36 Building Automation System Market, By Offering 86
Figure 37 Security & Access Controls Segment To Dominate Building Automation System Market From 2023 To 2028 87
Table 18 Building Automation System Market, By Offering, 2019–2022 (Usd Million) 87
Table 19 Building Automation System Market, By Offering, 2023–2028 (Usd Million) 87
6.2 Facility Management Systems 88
Table 20 Facility Management Systems: Building Automation System Market, By System Type, 2019–2022 (Usd Million) 88
Table 21 Facility Management Systems: Building Automation System Market, By System Type, 2023–2028 (Usd Million) 88
Table 22 Facility Management Systems: Building Automation System Market, By Application, 2019–2022 (Usd Million) 89
Table 23 Facility Management Systems: Building Automation System Market, By Application, 2023–2028 (Usd Million) 89
Table 24 Facility Management Systems: Building Automation System Market, By Region, 2019–2022 (Usd Million) 89
Table 25 Facility Management Systems: Building Automation System Market, By Region, 2023–2028 (Usd Million) 90
Table 26 Facility Management Systems: Building Automation System Market For Residential, By Region, 2019–2022 (Usd Million) 90
Table 27 Facility Management Systems: Building Automation System Market For Residential, By Region, 2023–2028 (Usd Million) 90
Table 28 Facility Management Systems: Building Automation System Market For Commercial, By Region, 2019–2022 (Usd Million) 91
Table 29 Facility Management Systems: Building Automation System Market For Commercial, By Region, 2023–2028 (Usd Million) 91
Table 30 Facility Management Systems: Building Automation System Market For Industrial, By Region, 2019–2022 (Usd Million) 91
Table 31 Facility Management Systems: Building Automation System Market For Industrial, By Region, 2023–2028 (Usd Million) 92
6.2.1 Lighting Controls 92
6.2.1.1 Optimize Energy Efficiency And User Comfort By Intelligently Managing And Adjusting Lighting Levels 92
Table 32 Building Automation System Market, By Facility Management System Type, 2019–2022 (Million Units) 92
Table 33 Building Automation System Market, By Facility Management System Type, 2023–2028 (Million Units) 93
Table 34 Facility Management Systems: Building Automation System Market, By Lighting Control Type, 2019–2022 (Usd Million) 93
Table 35 Facility Management Systems: Building Automation System Market, By Lighting Control Type, 2023–2028 (Usd Million) 93
Table 36 Lighting Control: Facility Management Systems Market, By Application, 2019–2022 (Usd Million) 94
Table 37 Lighting Control: Facility Management Systems Market, By Application, 2023–2028 (Usd Million) 94
6.2.1.1.1 Occupancy Sensors 95
6.2.1.1.2 Daylight Sensors 95
6.2.1.1.3 Relays 95
6.2.1.1.4 Timers 95
6.2.1.1.5 Dimming Actuators 96
6.2.1.1.6 Switch Actuators 96
6.2.1.1.7 Blind/Shutter Actuators 96
6.2.1.1.8 Transmitters 97
6.2.1.1.9 Receivers 97
6.2.2 Hvac Controls 97
6.2.2.1 Enhance Indoor Comfort And Energy Efficiency By Regulating System-Based Occupancy, Temperature, And Environmental Conditions 97
Table 38 Hvac Controls: Facility Management Systems Market, By Hvac Component, 2019–2022 (Usd Million) 98
Table 39 Hvac Controls: Facility Management Systems Market, By Hvac Component, 2023–2028 (Usd Million) 98
Table 40 Hvac Controls: Facility Management Systems Market, By Application, 2019–2022 (Usd Million) 99
Table 41 Hvac Controls: Facility Management Systems Market, By Application, 2023–2028 (Usd Million) 99
6.2.2.1.1 Sensors 99
6.2.2.1.2 Smart Thermostats 99
6.2.2.1.3 Control Valves 100
6.2.2.1.3.1 Three-Way Valves 100
6.2.2.1.4 Heating And Cooling Coils 100
6.2.2.1.5 Dampers 100
6.2.2.1.5.1 Low-Leakage Dampers 101
6.2.2.1.5.2 Parallel- And Opposed-Blade Dampers 101
6.2.2.1.5.3 Round Dampers 101
6.2.2.1.6 Actuators 101
6.2.2.1.6.1 Hydraulic Actuators 102
6.2.2.1.6.2 Pneumatic Actuators 102
6.2.2.1.6.3 Electric Actuators 102
6.2.2.1.7 Pumps And Fans 102
6.2.2.1.8 Smart Vents 103
6.3 Security And Access Controls 103
Table 42 Security And Access Controls: Building Automation System Market, By System Type, 2019–2022 (Usd Million) 103
Table 43 Security And Access Controls: Building Automation System Market, By System Type, 2023–2028 (Usd Million) 103
Table 44 Security And Access Controls: Building Automation System Market, By Application, 2019–2022 (Usd Million) 104
Table 45 Security And Access Controls: Building Automation System Market, By Application, 2023–2028 (Usd Million) 104
Table 46 Security And Access Controls: Building Automation System Market, By Region, 2019–2022 (Usd Million) 104
Table 47 Security And Access Controls: Building Automation System Market, By Region, 2023–2028 (Usd Million) 105
Table 48 Security And Access Control: Building Automation System Market For Residential, By Region, 2019–2022 (Usd Million) 105
Table 49 Security And Access Control: Building Automation System Market For Residential, By Region, 2023–2028 (Usd Million) 105
Table 50 Security And Access Control: Building Automation System Market For Commercial, By Region, 2019–2022 (Usd Million) 106
Table 51 Security And Access Control: Building Automation System Market For Commercial, By Region, 2023–2028 (Usd Million) 106
Table 52 Security And Access Control: Building Automation System Market For Industrial, By Region, 2019–2022 (Usd Million) 106
Table 53 Security And Access Control: Building Automation System Market For Industrial, By Region, 2023–2028 (Usd Million) 107
6.3.1 Video Surveillance Systems 107
6.3.1.1 Enable Real-Time Monitoring And Security And Visual Verification Of Events And Deterrence Of Unauthorized Access Or Incidents 107
Table 54 Video Surveillance Systems: Security And Access Controls Market, By Product, 2019–2022 (Usd Million) 107
Table 55 Video Surveillance Systems: Security And Access Controls Market, By Product, 2023–2028 (Usd Million) 108
Table 56 Video Surveillance Systems: Security And Access Controls Market, By Application, 2019–2022 (Usd Million) 108
Table 57 Video Surveillance Systems: Security And Access Controls Market, By Application, 2023–2028 (Usd Million) 108
6.3.1.1.1 Hardware 108
Table 58 Security And Access Controls: Video Surveillance Systems Market For Hardware, By Product, 2019–2022 (Usd Million) 109
Table 59 Security And Access Controls: Video Surveillance Systems Market For Hardware, By Product, 2023–2028 (Usd Million) 109
6.3.1.1.1.1 Cameras 109
6.3.1.1.1.2 Monitors 109
6.3.1.1.1.3 Storage Systems 110
6.3.1.1.1.4 Accessories 110
6.3.1.1.2 Software/Video Analytics 110
6.3.1.1.3 Services 110
6.3.2 Biometric Systems 111
6.3.2.1 Enhance Security Through Advanced Access Control And User Identification Based On Unique Physiological Or Behavioral Traits 111
Table 60 Biometric Systems: Security & Access Controls Market, By Application, 2019–2022 (Usd Million) 111
Table 61 Biometric Systems: Security & Access Controls Market, By Application, 2023–2028 (Usd Million) 111
6.4 Fire Protection Systems 112
Table 62 Fire Protection Systems: Building Automation System Market, By Component, 2019–2022 (Usd Million) 112
Table 63 Fire Protection Systems: Building Automation System Market, By Component, 2023–2028 (Usd Million) 112
Table 64 Fire Protection Systems: Building Automation System Market, By Application, 2019–2022 (Usd Million) 113
Table 65 Fire Protection Systems: Building Automation System Market, By Application, 2023–2028 (Usd Million) 113
Table 66 Fire Protection Systems: Building Automation System Market, By Region, 2019–2022 (Usd Million) 113
Table 67 Fire Protection Systems: Building Automation System Market, By Region, 2023–2028 (Usd Million) 114
Table 68 Fire Protection Systems: Building Automation System Market For Residential, By Region, 2019–2022 (Usd Million) 114
Table 69 Fire Protection Systems: Building Automation System Market For Residential, By Region, 2023–2028 (Usd Million) 114
Table 70 Fire Protection Systems: Building Automation System Market For Commercial, By Region, 2019–2022 (Usd Million) 115
Table 71 Fire Protection Systems: Building Automation System Market For Commercial, By Region, 2023–2028 (Usd Million) 115
Table 72 Fire Protection Systems: Building Automation System Market For Industrial, By Region, 2019–2022 (Usd Million) 115
Table 73 Fire Protection Systems: Building Automation System Market For Industrial, By Region, 2023–2028 (Usd Million) 116
6.4.1 Sensors And Detectors 116
6.4.1.1 Detect Emergencies At Initial Stages To Avoid Accidents 116
6.4.1.1.1 Smoke Detectors 116
6.4.1.1.2 Flame Detectors 116
6.4.1.1.3 Others 116
6.4.2 Fire Sprinklers 117
6.4.2.1 Provide Automatic Fire Suppression, Enhancing Safety And Property Protection In Event Of Fire 117
6.4.3 Fire Alarms 117
6.4.3.1 Warn Occupants About Occurrence Of Fire Breakouts 117
6.4.4 Emergency Lighting, Voice Evacuation, And Public Alert Devices 117
6.4.4.1 Ensure Safety By Providing Illumination, Clear Instructions, And Timely Alerts During Critical Situations 117
6.5 Building Energy Management Software 118
6.5.1 Optimizes Energy Consumption, Reduces Costs, And Enhances Sustainability By Monitoring, Analyzing, And Controlling Energy Usage 118
Table 74 Building Energy Management Software: Building Automation System Market, By Application, 2019–2022 (Usd Million) 118
Table 75 Building Energy Management Software: Building Automation System Market, By Application, 2023–2028 (Usd Million) 118
Table 76 Building Energy Management Software: Building Automation System Market, By Region, 2019–2022 (Usd Million) 119
Table 77 Building Energy Management Software: Building Automation System Market, By Region, 2023–2028 (Usd Million) 119
Table 78 Building Energy Management Software: Building Automation System Market For Residential, By Region, 2019–2022 (Usd Million) 120
Table 79 Building Energy Management Software: Building Automation System Market For Residential, By Region, 2023–2028 (Usd Million) 120
Table 80 Building Energy Management Software: Building Automation System Market For Commercial, By Region, 2019–2022 (Usd Million) 120
Table 81 Building Energy Management Software: Building Automation System Market For Commercial, By Region, 2023–2028 (Usd Million) 121
Table 82 Building Energy Management Software: Building Automation System Market For Industrial, By Region, 2019–2022 (Usd Million) 121
Table 83 Building Energy Management Software: Building Automation System Market For Industrial, By Region, 2023–2028 (Usd Million) 121
6.6 Building Automation System (Bas) Services 122
Table 84 Bas Services: Building Automation System Market, By Application, 2019–2022 (Usd Million) 122
Table 85 Bas Services: Building Automation System Market, By Application, 2023–2028 (Usd Million) 122
Table 86 Bas Services: Building Automation System Market, By Region, 2019–2022 (Usd Million) 122
Table 87 Bas Services: Building Automation System Market, By Region, 2023–2028 (Usd Million) 123
Table 88 Bas Services: Building Automation System Market For Residential, By Region, 2019–2022 (Usd Million) 123
Table 89 Bas Services: Building Automation System Market For Residential, By Region, 2023–2028 (Usd Million) 123
Table 90 Bas Services: Building Automation System Market For Commercial, By Region, 2019–2022 (Usd Million) 124
Table 91 Bas Services: Building Automation System Market For Commercial, By Region, 2023–2028 (Usd Million) 124
Table 92 Bas Services: Building Automation System Market For Industrial, By Region, 2019–2022 (Usd Million) 124
Table 93 Bas Services: Building Automation System Market For Industrial, By Region, 2023–2028 (Usd Million) 125
6.6.1 Installation And Maintenance 125
6.6.1.1 Essential To Guarantee Effective Functionality And Prolonged Operational Life Of Bas 125
6.6.2 Training 125
6.6.2.1 Enables Staff To Effectively Manage, Monitor, And Control Bas 125
6.7 Others 125
Table 94 Others: Building Automation System Market, By Application, 2019–2022 (Usd Million) 126
Table 95 Others: Building Automation System Market, By Application, 2023–2028 (Usd Million) 126
Table 96 Others: Building Automation System Market, By Region, 2019–2022 (Usd Million) 126
Table 97 Others: Building Automation System Market, By Region, 2023–2028 (Usd Million) 127
Table 98 Others: Building Automation System Market For Residential, By Region, 2019–2022 (Usd Million) 127
Table 99 Others: Building Automation System Market For Residential, By Region, 2023–2028 (Usd Million) 127
Table 100 Others: Building Automation System Market For Commercial, By Region, 2019–2022 (Usd Million) 128
Table 101 Others: Building Automation System Market For Commercial, By Region, 2023–2028 (Usd Million) 128
Table 102 Others: Building Automation System Market For Industrial, By Region, 2019–2022 (Usd Million) 128
Table 103 Others: Building Automation System Market For Industrial, By Region, 2023–2028 (Usd Million) 129

7 Building Automation System Market, By Communication Technology 130
7.1 Introduction 131
Figure 38 Wireless Technologies Segment To Hold Larger Market Share In 2028 131
Table 104 Building Automation System Market, By Communication Technology, 2019–2022 (Usd Million) 132
Table 105 Building Automation System Market, By Communication Technology, 2023–2028 (Usd Million) 132
7.2 Wireless Technologies 133
7.2.1 Zigbee 133
7.2.1.1 Ideal For Commercial And Residential Applications Due To Low Power Consumption And Cost 133
7.2.2 Enocean 133
7.2.2.1 Pioneers Battery-Free Building Automation Technology With Energy Harvesting Feature 133
7.2.3 Z-Wave 134
7.2.3.1 Engineered For Automation Of Processes, Enabling Remote Control Of Various Devices And Applications 134
7.2.4 Wi-Fi 135
7.2.4.1 Empowers Seamless Connectivity And Control In Building Automation Systems, Enhancing Efficiency And Convenience 135
7.2.5 Bluetooth 135
7.2.5.1 Ideal For Short-Range Communication In Personal Area Networks (Pans) 135
7.2.6 Thread 136
7.2.6.1 Enhances Real-Time Control And Monitoring Of Various Building Functions, Optimizing Energy Efficiency And Occupant Comfort 136
7.2.7 Infrared 136
7.2.7.1 Used For Occupancy Sensing And Remote Control, Enhancing Energy Efficiency And User Comfort 136
7.3 Wired Technologies 137
7.3.1 Digital Addressable Lighting Interface (Dali) 137
7.3.1.1 Used For Precise Control And Management Of Lighting Systems, Enabling Individual Luminaire Control And Energy Efficiency 137
7.3.2 Konnex (Knx) 138
7.3.2.1 Standardized Platform For Managing And Automating Lighting, Hvac, Security, And Energy Systems, Promoting Seamless Integration And Control 138
7.3.3 Lonworks 138
7.3.3.1 Enables Seamless Communication And Integration Of Various Systems, Improving Efficiency And Control Of Building Functions 138
7.3.4 Building Automation And Control Network (Bacnet) 139
7.3.4.1 Streamlines Communication And Integration In Building Automation Systems To Enhance Control And Management Of Various Building Functions 139
7.3.5 Modbus 140
7.3.5.1 Widely Used Communication Protocol For Facilitating Data Exchange Among Various Devices And Systems, Enhancing Control And Monitoring Capabilities 140

8 Building Automation Market, By Application 141
8.1 Introduction 142
Figure 39 Building Automation System Market, By Application 142
Figure 40 Industrial Application Segment To Register Highest Cagr From 2023 To 2028 142
Table 106 Building Automation System Market, By Application, 2019–2022 (Usd Million) 143
Table 107 Building Automation System Market, By Application, 2023–2028 (Usd Million) 143
8.2 Residential 144
8.2.1 Rising Number Of Internet Of Things (Iot)-Equipped Smart Homes To Drive Demand 144
8.2.1.1 Diy Home Automation 144
Table 108 Residential: Building Automation System Market, By Offering, 2019–2022 (Usd Million) 145
Table 109 Residential: Building Automation System Market, By Offering, 2023–2028 (Usd Million) 145
8.3 Commercial 146
8.3.1 Office Buildings 146
8.3.1.1 Growing Use To Enhance Energy Efficiency And Occupant Comfort In Office Buildings Through Centralized Control Of Various Systems To Fuel Segmental Growth 146
8.3.2 Retail And Public Assembly Buildings 147
8.3.2.1 Rising Adoption To Optimize Energy Management And Create Comfortable, Safe Environments In Retail And Public Assembly Buildings To Drive Market 147
8.3.3 Hospitals And Healthcare Facilities 147
8.3.3.1 Need To Improve Patient Care And Operational Efficiency In Hospitals And Healthcare Facilities By Regulating Critical Systems To Drive Demand 147
8.3.4 Airports And Railway Stations 148
8.3.4.1 Capability To Enhance Security, Operational Efficiency, And Passenger Comfort At Airports And Railway Stations Through Intelligent Control Of Various Systems To Fuel Demand 148
Table 110 Commercial: Building Automation System Market, By Offering, 2019–2022 (Usd Million) 148
Table 111 Commercial: Building Automation System Market, By Offering, 2023–2028 (Usd Million) 149
8.4 Industrial 149
8.4.1 Increasing Adoption To Achieve Energy And Cost Savings To Drive Market 149
Figure 41 Building Energy Management Software Segment To Register Highest Cagr In Building Automation System Market For Industrial During Forecast Period 150
Table 112 Industrial: Building Automation System Market, By Offering, 2019–2022 (Usd Million) 150
Table 113 Industrial: Building Automation System Market, By Offering, 2023–2028 (Usd Million) 151

9 Building Automation System Market, By Region 152
9.1 Introduction 153
Figure 42 Asia Pacific To Account For Largest Share Of Building Automation System Market In 2028 153
Table 114 Building Automation System Market, By Region, 2019–2022 (Usd Million) 153
Table 115 Building Automation System Market, By Region, 2023–2028 (Usd Million) 154
9.2 North America 154
Figure 43 North America: Building Automation System Market Snapshot 155
Table 116 North America: Building Automation System Market, By Country, 2019–2022 (Usd Million) 155
Table 117 North America: Building Automation System Market, By Country, 2023–2028 (Usd Million) 156
Table 118 North America: Building Automation System Market, By Offering, 2019–2022 (Usd Million) 156
Table 119 North America: Building Automation System Market, By Offering, 2023–2028 (Usd Million) 156
9.2.1 North America: Recession Impact 157
9.2.2 Us 157
9.2.2.1 Government-Led Initiatives Aimed At Conserving Energy And Reducing Operational Expenses 157
9.2.3 Canada 158
9.2.3.1 Strong Commitment To Transition Toward Low-Carbon Economy 158
9.2.4 Mexico 159
9.2.4.1 Growing Emphasis On Constructing Environmentally Friendly Buildings 159
9.3 Europe 160
Figure 44 Europe: Building Automation System Market Snapshot 160
Table 120 Europe: Building Automation System Market, By Country, 2019–2022 (Usd Million) 161
Table 121 Europe: Building Automation System Market, By Country, 2023–2028 (Usd Million) 161
Table 122 Europe: Building Automation System Market, By Offering, 2019–2022 (Usd Million) 161
Table 123 Europe: Building Automation System Market, By Offering, 2023–2028 (Usd Million) 162
9.3.1 Europe: Impact Of Recession 162
9.3.2 Uk 163
9.3.2.1 Technological Advancements And Rising Infrastructure Development 163
9.3.3 Germany 163
9.3.3.1 Presence Of Energy Efficiency Regulations And Increasing Demand For Hvac And Lighting Control Systems In Residential, Commercial, And Industrial Sectors 163
9.3.4 France 164
9.3.4.1 Need To Adhere To Regulatory Compliance And Energy Efficiency Initiatives 164
9.3.5 Italy 164
9.3.5.1 Growing Demand For Building Automation Systems In Commercial And Healthcare Facilities 164
9.3.6 Rest Of Europe 164
9.4 Asia Pacific 165
Figure 45 Asia Pacific: Building Automation System Market Snapshot 165
Figure 46 India To Register Highest Cagr In Asia Pacific Building Automation System Market From 2023 To 2028 166
Table 124 Asia Pacific: Building Automation System Market, By Country, 2019–2022 (Usd Million) 166
Table 125 Asia Pacific: Building Automation System Market, By Country, 2023–2028 (Usd Million) 166
Table 126 Asia Pacific: Building Automation System Market, By Offering, 2019–2022 (Usd Million) 167
Table 127 Asia Pacific: Building Automation System Market, By Offering, 2023–2028 (Usd Million) 167
9.4.1 Asia Pacific: Impact Of Recession 168
9.4.2 China 168
9.4.2.1 Rapid Urbanization, Economic Growth, And Development Of Smart Cities 168
9.4.3 Japan 169
9.4.3.1 Commitment To Sustainability And Presence Of Strict Environmental Regulations 169
9.4.4 India 169
9.4.4.1 Growing Adoption In Commercial And Industrial Sectors And Surge In Construction Activities 169
9.4.5 South Korea 170
9.4.5.1 Increasing Emphasis On Energy Conservation And Continued Government-Led Initiatives To Promote Building Automation Systems 170
9.4.6 Rest Of Asia Pacific 171
9.5 Row 171
Figure 47 South America To Register Higher Cagr In Row Building Automation System Market From 2023 To 2028 171
Table 128 Row: Building Automation System Market, By Region, 2019–2022 (Usd Million) 171
Table 129 Row: Building Automation System Market, By Region, 2023–2028 (Usd Million) 172
Table 130 Row: Building Automation System Market, By Offering, 2019–2022 (Usd Million) 172
Table 131 Row: Building Automation System Market, By Offering, 2023–2028 (Usd Million) 172
9.5.1 Row: Impact Of Recession 173
9.5.2 South America 173
9.5.2.1 Increased Construction Activities And Need For Energy-Efficient Building Solutions 173
9.5.3 Middle East & Africa 173
9.5.3.1 Rapid Urbanization And Increasing Construction Activities 173

10 Competitive Landscape 174
10.1 Overview 174
10.2 Key Strategies Adopted By Major Players 174
Figure 48 Building Automation System Market: Overview Of Key Strategies Adopted By Leading Players, 2021–2023 174
10.3 Market Share Analysis, 2022 175
Table 132 Building Automation System Market: Degree Of Competition 175
Figure 49 Building Automation System Market Share Analysis, 2022 176
10.4 Revenue Analysis, 2018–2022 179
Figure 50 Building Automation System Market: Revenue Analysis Of Four Key Companies, 2018–2022 179
10.5 Company Evaluation Matrix, 2022 180
Figure 51 Building Automation System Market: Company Evaluation Matrix, 2022 180
10.5.1 Stars 180
10.5.2 Emerging Leaders 181
10.5.3 Pervasive Players 181
10.5.4 Participants 181
10.6 Company Footprint 181
Table 133 Overall Company Footprint 181
Table 134 Application: Company Footprint 182
Table 135 Region: Company Footprint 183
10.7 Startups/Small And Medium-Sized Enterprises (Smes) Evaluation Matrix, 2022 184
Figure 52 Building Automation System Market: Startups/Smes Evaluation Matrix, 2022 185
10.7.1 Progressive Companies 185
10.7.2 Responsive Companies 185
10.7.3 Dynamic Companies 186
10.7.4 Starting Blocks 186
10.8 List Of Key Startups/Smes 186
Table 136 Building Automation System Market: List Of Key Startups/Smes 186
10.9 Competitive Benchmarking 187
Table 137 Building Automation System Market: Competitive Benchmarking Of Key Startups/Smes 187
10.10 Competitive Scenarios And Trends 187
10.10.1 Product Launches 187
Table 138 Building Automation System Market: Product Launches, 2022–2023 187
10.10.2 Deals 191
Table 139 Building Automation System Market: Deals, 2022–2023 191

11 Company Profiles 195
11.1 Key Players 195
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View)*
11.1.1 Honeywell International Inc. 195
Table 140 Honeywell International Inc.: Company Overview 195
Figure 53 Honeywell International Inc.: Company Snapshot 196
Table 141 Honeywell International Inc.: Products/Solutions/Services Offered 196
Table 142 Honeywell International Inc.: Product Launches 198
Table 143 Honeywell International Inc.: Deals 199
11.1.2 Siemens 204
Table 144 Siemens: Company Overview 204
Figure 54 Siemens: Company Snapshot 205
Table 145 Siemens: Products/Solutions/Services Offered 205
Table 146 Siemens: Product Launches 206
Table 147 Siemens: Deals 207
11.1.3 Johnson Controls 210
Table 148 Johnson Controls: Company Overview 210
Figure 55 Johnson Controls: Company Snapshot 211
Table 149 Johnson Controls: Products/Solutions/Services Offered 211
Table 150 Johnson Controls: Product Launches 212
Table 151 Johnson Controls: Deals 213
11.1.4 Schneider Electric 217
Table 152 Schneider Electric: Company Overview 217
Figure 56 Schneider Electric: Company Snapshot 218
Table 153 Schneider Electric: Products/Solutions/Services Offered 219
Table 154 Schneider Electric: Product Launches 219
Table 155 Schneider Electric: Deals 220
11.1.5 Carrier 222
Table 156 Carrier: Company Overview 222
Figure 57 Carrier: Company Snapshot 223
Table 157 Carrier: Product/Solutions/Services Offered 223
Table 158 Carrier: Product Launches 224
Table 159 Carrier: Deals 227
11.1.6 Robert Bosch Gmbh 229
Table 160 Robert Bosch Gmbh: Company Overview 229
Figure 58 Robert Bosch Gmbh: Company Snapshot 230
Table 161 Robert Bosch Gmbh: Products/Solutions/Services Offered 230
Table 162 Robert Bosch Gmbh: Product Launches 231
Table 163 Robert Bosch Gmbh: Deals 231
11.1.7 Legrand 233
Table 164 Legrand: Company Overview 233
Figure 59 Legrand: Company Snapshot 234
Table 165 Legrand: Products/Solutions/Services Offered 234
Table 166 Legrand: Product Launches 235
Table 167 Legrand: Deals 237
11.1.8 Hubbell 238
Table 168 Hubbell: Company Overview 238
Figure 60 Hubbell: Company Snapshot 239
Table 169 Hubbell: Products/Solutions/Services Offered 240
Table 170 Hubbell: Product Launches 240
Table 171 Hubbell: Deals 241
11.1.9 Abb 243
Table 172 Abb: Company Overview 243
Figure 61 Abb: Company Snapshot 244
Table 173 Abb: Products/Solutions/Services Offered 244
Table 174 Abb: Product Launches 246
Table 175 Abb: Deals 246
11.1.10 Trane Technologies Plc 248
Table 176 Trane Technologies Plc: Company Overview 248
Figure 62 Trane Technologies Plc: Company Snapshot 248
Table 177 Trane Technologies Plc: Products/Solutions/Services Offered 249
Table 178 Trane Technologies Plc: Product Launches 250
Table 179 Trane Technologies Plc: Deals 250
*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.
11.2 Other Players 252
11.2.1 Lutron Electronics Co., Inc. 252
11.2.2 Crestron Electronics, Inc. 253
11.2.3 Hitachi, Ltd. 254
11.2.4 Delta Controls 255
11.2.5 Beckhoff Automation 256
11.2.6 Lennox International Inc. 257
11.2.7 Current Lighting Solutions, Llc 258
11.2.8 Acuity Brands, Inc. 259
11.2.9 Dialight 260
11.2.10 Cisco Systems, Inc. 261
11.2.11 Rockwell Automation 262
11.2.12 Snap One, Llc 263
11.2.13 Signify Holding 264
11.2.14 Emerson Electric Co. 265
11.2.15 Leviton Manufacturing Co., Inc. 266
11.2.16 Mitsubishi Electric Corporation 267
11.2.17 Huawei Technologies Co., Ltd. 268
11.2.18 Beijer Electronics, Inc. 269
11.2.19 Bajaj Electricals Ltd 270

12 Appendix 271
12.1 Insights From Industry Experts 271
12.2 Discussion Guide 272
12.3 Knowledgestore: Marketsandmarkets’ Subscription Portal 275
12.4 Customization Options 277
12.5 Related Reports 277
12.6 Author Details 278

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