Europe Building Automation System (BAS) Market - Forecast to 2030

Europe Building Automation System (BAS) Market - Forecast to 2030

Building automation systems are becoming increasingly popular in building designs. It is very important to control the systems within the building, as it affects the building occupant’s health, safety, and thermal comfort. From an owner’s perspective, building automation systems provide the ability to reduce the energy consumption of the building. Also, the owner can control the systems digitally, which requires less physical work. There are many types of systems that can be used for building automation, and BAS’s have the power to increase the performance of a building.

The growth of the building automation system industry is fueled by the increasing requirement for energy-efficient facilities with enhanced security systems. Besides this, advancements in wireless communication technologies have reduced the complexity and the cost of installing building automation systems in the existing buildings. Moreover, the combination of loT and building automation has also enabled the exchange of information among several electronic devices and the cloud without the need for direct human intervention that makes buildings smart. This factor has also accelerated the growth of the building automation system market.

As per MRFR, the Europe building automation system market has been growing over the past few years. It is expected to reach USD 60,789.9 million by 2030, at a CAGR of 11.8% during the forecast period, 2023–2030. The growing demand for energy efficient homes and the rising demand for automation for qualitative & efficiency is aiding the market growth in the Europe region.

Market Segmentation

The building automation system market has been segmented based on component, type, network connectivity, building size, building type, application, and country.

The building automation market's component segment has been subdivided into hardware, software, and services. Based on type, the building automation system market has been segmented into light control system, HVAC control system, surveillance system, fire protection system, access control system, facility management system, and others. Based on network connectivity, the market is segmented into wired and wireless.

Based on building type, the building automation system market is segmented into older buildings and newer buildings. Based on application, the building automation system market is segmented into commercial, residential, industrial, government buildings and religious buildings. The report on the Europe building automation system market has been segmented into the following countries Germany, Switzerland, Austria, Portugal, Spain, and Rest of Europe.

Major Players

The key vendors in the market are ABB, Bosch Building Technologies GmbH, INGA, Neuberger Gebäudeautomation GmbH, Siemens Building Technologies, Saia-Burgess Controls AG, LOYTEC electronics GmbH, WAGO GmbH & CoKG, Sauter Controls, TEM AG, Delta Controls, Beckhoff, Kieback&Peter, DEOS AG, Priva, Honeywell International Inc., Johnson Controls, Phoenix Contact, Schneider Electric S.E., and PKE.

Companies Mentioned

ABB
Bosch Building Technologies GmbH
INGA
Neuberger Gebäudeautomation GmbH
Siemens Building Technologies
Saia-Burgess Controls AG
LOYTEC electronics GmbH
WAGO GmbH & CoKG
Sauter Controls
TEM AG
Delta Controls
Beckhoff
Kieback&Peter
DEOS AG
Priva
Honeywell International Inc.
Johnson Controls
Phoenix Contact
Schneider Electric S.E.
and PKE

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