Building automation is the automatic centralized control of a building's heating, ventilation and air conditioning, lighting and other systems through a building management system or building automation system (BAS). The objectives of building automation are improved occupant comfort, efficient operation of building systems, reduction in energy consumption and operating costs, and improved life cycle of utilities.
The wired communication technology held a larger size of the BAS market in 2017. In terms of application, commercial application held the largest size of the BAS market in 2017. The increased rate of implementation of BAS in large shopping complexes, office buildings, and public transport areas such as airports and railway stations is encouraging the growth of the BAS market for commercial application.
Market Analysis and Insights: Global Building Automation System Market
In 2019, the global Building Automation System market size was US$ 60830 million and it is expected to reach US$ 90290 million by the end of 2026, with a CAGR of 5.7% during 2021-2026.
Global Building Automation System Scope and Market Size
Building Automation System market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Building Automation System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Building Automation System market is segmented into Wired Technology, Wireless Technology, etc.
Segment by Application, the Building Automation System market is segmented into Residential, Commercial, Industrial, etc.
Regional and Country-level Analysis
The Building Automation System market is analysed and market size information is provided by regions (countries).
The key regions covered in the Building Automation System market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Building Automation System Market Share Analysis
Building Automation System market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Building Automation System business, the date to enter into the Building Automation System market, Building Automation System product introduction, recent developments, etc.
The major vendors include Honeywell, Siemens, Johnson Controls, Schneider Electric, United Technologies, Robert Bosch, Legrand, Hubbell, ABB, Ingersoll-Rand, Lutron Electronics, Crestron Electronics, Buildingiq, etc.

This report focuses on the global Building Automation System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Building Automation System development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Honeywell
Siemens
Johnson Controls
Schneider Electric
United Technologies
Robert Bosch
Legrand
Hubbell
ABB
Ingersoll-Rand
Lutron Electronics
Crestron Electronics
Buildingiq

Market segment by Type, the product can be split into

Wired Technology
Wireless Technology

Market segment by Application, split into

Residential
Commercial
Industrial

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Building Automation System status, future forecast, growth opportunity, key market and key players.
To present the Building Automation System development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Building Automation System are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.