The building automation system market is expected to reach USD 164.4 billion at a CAGR of 11.4% by 2030
$164.4 billion
Market Size
11.4%
CAGR
Asia Pacific
Dominating Region
2022-2030
Forecast Period
Segmentation
By Offering Facility Management System Security & Access Controls Fire Protection Systems
By Communication TechnologyWireless Technology and Wired Technology
By ApplicationCommercial Residential and Industrial
By RegionNorth America Europe Asia-Pacific Middle East & Africa and South America
Key Players
Companies Profiled• United Technologies Corp.• Schneider Electric• Ingersoll-Rand PLC• Robert Bosch• ABB Ltd.• Hubbell Inc.• Johnson Controls International• Mitsubishi Electric Corporation
Drivers
Market Driving Forces• The demand for smart-building is increasing every year• The increasing IT communication methods• The rising awareness about the benefits of Building• Automation Systems is escalating its demand.
Client Testimonials
Jongwon Byun -HYOSUNG CHEMICAL CORP
I finalized reporting this market research result thanks to your support. I heard you already started working with Jongwon in my team. The packaging market is much more important than my project. Please support him as you always do.
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Akif Moroglu - Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
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Rob Kooiker - Rockwool
We have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Jason Lee - Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We’re planning other area of survey in the future, let’s keep in touch
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