United States Building Automation System Market Growth, Size, Trends Analysis- By Component, By Application, By Communication Technology, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
United States Building Automation System Market Introduction and Overview
According to SPER Market Research, ‘United States Building Automation System Market Size – By Component, By Application, By Communication Technology, By End-User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the United States Building Automation System Market is estimated to reach USD 38.65 billion by 2033 with a CAGR of 7.65%.
Building automation systems, often known as BAS, are widely employed in the construction industry because of their multiple advantages. These systems are a collection of components that enable control and access to electronic equipment. This combination of software and hardware controls HVAC, lighting, safety, and other functions. The solutions help to reduce building energy usage, minimise operating expenses, and extend gadget life.
The Covid-19 epidemic had a significant impact on the US industry for building automation systems (BAS). The need for building automation systems increased as a result of actions taken by building owners and operators to maximise their buildings’ energy efficiency and save costs. This resulted from the sudden closure of businesses that weren’t absolutely necessary and the broad acceptance of remote labour.
Scope of the report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Component, By Application, By Communication Technology, By End-User
Regions covered Northeast, South, Midwest, West
Companies Covered Honeywell International Inc, Siemens AG, Beijer Electronics, Schneider Electric SE, Reliable Controls, Johnson Controls International plc, Lutron Electronics Co, Inc, Automated Logic Corporation, Snap One, LLC, Crestron Electronics, Inc.
United States Building Automation System Market Segmentation:
By Component: Based on the Component, United States Building Automation System Market is segmented as; Hardware, Software.
By Communication Technology: Based on the Communication Technology, United States Building Automation System Market is segmented as; Wired, Wireless, Others.
By End-User: Based on the End-User, United States Communication Technology Market is segmented as; Commercial, Industrial, Residential.
By Region: This research also includes data for Northeast, South, Midwest, West.