Building Automation System Market by Offering (BAS Services, Building Energy Management Software, Facility Management Systems), Communication Technology (Wired Technology, Wireless Technology), Application - Global Forecast 2023-2030
The Building Automation System Market is projected to reach USD 49.20 billion by 2030 from USD 11.69 billion in 2022, at a CAGR of 19.67% during the forecast period.
Market Segmentation & Coverage:This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Building Automation System Market.
- Based on Offering, market is studied across BAS Services, Building Energy Management Software, Facility Management Systems, Fire Protection Systems, and Security & Access Controls. The Security & Access Controls is projected to witness significant market share during forecast period.
- Based on Communication Technology, market is studied across Wired Technology and Wireless Technology. The Wired Technology is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Airports & Railway Stations, Commercial & Office Buildings, Hospitals & Healthcare Facilities, Industrial Facilities, Residential Buildings, and Retail & Public Assembly Buildings. The Residential Buildings is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:The FPNV Positioning Matrix is an indispensable tool for assessing the Building Automation System Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:The Market Share Analysis offers invaluable insights into the vendor landscape Building Automation System Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:The report delves into recent significant developments in the Building Automation System Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Bajaj Electricals Limited, Bosch Sicherheitssysteme GmbH, Building LogiX, Carel Industries S.p.A., Carrier Global Corporation, Cisco Systems, Inc., Crestron Electronics, Inc., Emerson Electric Co., General Electric Company, Google LLC by Alphabet Inc., Hitachi Ltd., Honeywell International Inc., Huawei Technologies Corporation, Hubbell Inc., Ingersoll Rand, Johnson Controls International PLC, Koninklijke Philips N.V., Larsen & Toubro Limited, Lutron Electronics Co. Ltd, Mitsubishi Electric Corporation, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, and Trane Technologies PLC.
The report offers valuable insights on the following aspects:- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:- What is the market size and forecast for the Building Automation System Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Building Automation System Market?
- What is the competitive strategic window for identifying opportunities in the Building Automation System Market?
- What are the latest technology trends and regulatory frameworks in the Building Automation System Market?
- What is the market share of the leading vendors in the Building Automation System Market?
- Which modes and strategic moves are suitable for entering the Building Automation System Market?
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