Building Automation Systems (BAS) Market - Forecast(2024 - 2030)

Building Automation Systems (BAS) also known as Building Management Systems (BMS) or Energy Management Control Systems (EMCS) are used to maximize the energy efficiency across various building control operations including HVAC and lighting systems. BAS can be defined as the interconnected networks of software and hardware that allows an operator to control a building’s lighting, HVAC, fire safety, security and other systems. BAS are also used to centralize and automate a building’s demand response activities, thereby allowing greater participation in demand response and utility programs. Modern BAS mainly include stretched remote access, diagnostic, trending, monitoring, web-based control systems, and scheduling capabilities.

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The global BAS market has been segmented on the basis of product types, building types, applications and geographical regions. Based on various product types, the market has been categorized into lighting control systems, HVAC control systems, security & access control systems and others. Others include fire protection systems and several maintenance and training services. On the basis of various building types, the market is categorized into office, public assembly, healthcare, retail & service, education, lodging, restaurants, and laboratory. Based on the application, the market is classified into residential, commercial and industrial applications. Geographically, the market is characterized into Americas, Europe, Asia Pacific and rest of the World (RoW). In terms of market revenue, Asia Pacific is projected to be the key region for the BAS market worldwide. This is owing to rising level of construction activities in this region preferably in countries such as China and India, which are being listed as some of the fastest emerging or developing nations across the world.

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Growing demand for system integration in commercial and residential applications is currently acting as one of the key drivers for the global BAS market growth. The market growth is further supported by the numerous emerging trends such as cloud connectivity, internet of things (IoT), mobility or apps, and wearable devices, among others for smart buildings. One of the major restraining factors in the global BAS market include the high initial cost required for the purpose of designing and setting up any BAS system. However, the growing level of innovation in several wireless technologies and initiatives taken up by the governments, manufacturers and facility managers in order to create awareness about the benefits of BAS among the customers is likely to lower down the impact of this inhibiting factor. Huge range of market opportunities can be seen in the field of artificial intelligence techniques that will be simultaneously synced with business enterprise software

Some of the major players in the global BAS market are:

• Honeywell International, Inc.
• Johnson Controls, Inc.
• Siemens AG
• Delta Controls
• Robert Bosch GmbH

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