{"product_id":"global-building-automation-system-market-size-study-forecast-by-communication-technology-wired-technology-wireless-technology-by-offering-facility-management-systems-security-access-control-systems-fire-protection-systems-building-energy-manag","title":"Global Building Automation System Market Size study \u0026 Forecast, by Communication Technology (Wired Technology, Wireless Technology) By Offering (Facility Management Systems, Security \u0026 Access Control Systems, Fire Protection Systems, Building Energy Manag","description":"\u003cp\u003eGlobal Building Automation System Market Size study \u0026amp; Forecast, by Communication Technology (Wired Technology, Wireless Technology) By Offering (Facility Management Systems, Security \u0026amp; Access Control Systems, Fire Protection Systems, Building Energy Management Software, BAS services, Others (Gateways, HMI Screens, Smart Plugs, Smart Hubs, and Smart Locks), By Application (Residential, Commercial, Industrial) and Regional Analysis, 2022-2029\u003c\/p\u003e\n\n\u003cp\u003eGlobal Building Automation System Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Building Automation System comprises a microprocessor system built on a connection of wired or wireless controllers to varied systems in building construction. The foremost aim of building automation system is towards enhancing building’s structural efficacy. This BAS is considered to monitor and regulate many parameters such as humidity, HVAC, ventilation systems, mechanical, lighting, security and fire in a building or across several campuses. BAS is gaining popularity owing to its varied range of applications in commercial, residential and industrial premises. Prime focus on designing and establishing energy-efficient, eco-friendly buildings, rise in adoption of automated security systems in buildings and rapid infrastructure development in emerging economies are some of the key driving factors in market growth.\u003c\/p\u003e\n\n\u003cp\u003eThe rising integration of IoT with building automation systems is anticipated to create the lucrative demand for the market during forecast period. According to Statista, in year 2019, globally, there were around 7.74 billion IoT connected devices which increased to 8.74 billion devices in year 2020 and is expected to reach 25.44 billion by year 2030. As a result, due to rising adoption of IoT device in building automation system, the market players are developing innovative advanced product, that anticipated to support the market growth. For instance, in June 2022, DOME is a device-level cyber security solution for building networks that was introduced by Advantech, a provider of IIoT (Industrial Internet of Things (IoT) and automation technology. A SaaS (Software as a Service) platform called DOME offers building networks real-time cyber security protection. Further, development of wireless protocols and wireless sensor network technology for BAS, favorable government initiatives and incentives coupled advancement of building technologies and automation with data analytics is expected to create significant growth opportunity in the market over the forecast period. However, lack of a skilled workforce and technical difficulties impedes the growth of the market over the forecast period of 2022-2029.\u003c\/p\u003e\n\n\u003cp\u003eThe key regions considered for the Global Building Automation System Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the government initiative to decrease energy emission from buildings coupled growing awareness of benefits of automation. Whereas, Asia Pacific is also anticipated to exhibit highest growth rate over the forecast period, owing to factors such as rapid growth in construction industry, growing adoption of IoT in building automation, and growing smart city projects would create lucrative growth prospects for the Building Automation System market across Asia Pacific region.\u003c\/p\u003e\n\n\u003cp\u003eMajor market player included in this report are:\u003cbr\u003e\nHoneywell International\u003cbr\u003e\nSiemens AG\u003cbr\u003e\nJohnson Controls International\u003cbr\u003e\nSchneider Electric\u003cbr\u003e\nUnited Technologies Corp.\u003cbr\u003e\nRobert Bosch\u003cbr\u003e\nLegrand\u003cbr\u003e\nHubbell\u003cbr\u003e\nABB\u003cbr\u003e\nIngersoll-Rand\u003c\/p\u003e\n\n\u003cp\u003eRecent Developments in the Market:\u003cbr\u003e\n? In Jan. 2022, Johnson Controls expanded its leadership in autonomous and intelligent buildings after acquiring Foghorn. By deeply integrating Foghorn's Leading-Edge AI technology throughout OpenBlue, the acquisition is anticipated to enhance Johnson Controls' innovation and plan for Smart Autonomous Buildings.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Building Automation System Market Report Scope:\u003cbr\u003e\nHistorical Data 2019-2020-2021\u003cbr\u003e\nBase Year for Estimation 2021\u003cbr\u003e\nForecast period 2022-2029\u003cbr\u003e\nReport Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends\u003cbr\u003e\nSegments Covered Communication Technology, Offering, Application, Region\u003cbr\u003e\nRegional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World\u003cbr\u003e\nCustomization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional \u0026amp; segment scope*\u003c\/p\u003e\n\n\u003cp\u003eThe objective of the study is to define market sizes of different segments \u0026amp; countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.\u003c\/p\u003e\n\n\u003cp\u003eThe report also caters detailed information about the crucial aspects such as driving factors \u0026amp; challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.\u003c\/p\u003e\n\n\u003cp\u003eThe detailed segments and sub-segment of the market are explained below:\u003c\/p\u003e\n\n\u003cp\u003eBy Communication Technology:\u003cbr\u003e\nWired Technology\u003cbr\u003e\nWireless Technology\u003cbr\u003e\nBy Offering:\u003cbr\u003e\nFacility Management Systems\u003cbr\u003e\nSecurity \u0026amp; Access Control Systems\u003cbr\u003e\nFire Protection Systems\u003cbr\u003e\nBuilding Energy Management Software\u003cbr\u003e\nBAS Services\u003cbr\u003e\nOthers (Gateways, HMI Screens, Smart Plugs, Smart Hubs, and Smart Locks)\u003cbr\u003e\nBy Application:\u003cbr\u003e\nResidential\u003cbr\u003e\nCommercial\u003cbr\u003e\nIndustrial\u003c\/p\u003e\n\n\u003cp\u003eBy Region:\u003cbr\u003e\nNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003cbr\u003e\nEurope\u003cbr\u003e\nUK\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nSpain\u003cbr\u003e\nItaly\u003cbr\u003e\nROE\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nAustralia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nRoAPAC\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nRoLA\u003cbr\u003e\nRest of the World\u003c\/p\u003e\n\n\u003cp\u003eCompanies Mentioned\u003c\/p\u003e\n\n\u003cp\u003eHoneywell International\u003cbr\u003e\nSiemens AG\u003cbr\u003e\nJohnson Controls International\u003cbr\u003e\nSchneider Electric\u003cbr\u003e\nUnited Technologies Corp.\u003cbr\u003e\nRobert Bosch\u003cbr\u003e\nLegrand\u003cbr\u003e\nHubbell\u003cbr\u003e\nABB\u003cbr\u003e\nIngersoll-Rand\u003c\/p\u003e\n\n\u003cp\u003ePlease note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.\u003c\/p\u003e","brand":"Service Industrries","offers":[{"title":"February, 2023 \/ 200 Pages \/ MCW16273226","offer_id":47708951150898,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-building-automation-system-market-size-study-forecast-by-communication-technology-wired-technology-wireless-technology-by-offering-facility-management-systems-security-access-control-systems-fire-protection-systems-building-energy-manag","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}