Market Overview:
The global building automation and controls market is expected to grow from USD XX billion in 2018 to USD XX billion by 2030, at a CAGR of X.X%. The growth of the market is attributed to the increasing demand for energy-efficient buildings, growing awareness about safety and security, and rising adoption of IoT-based solutions. The global building automation and controls market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into HVAC control, lighting control, security and access control. On the basis of application, the market is segmented into institutional buildings such as hospitals & clinics; residential buildings such as apartments & condos; commercial buildings such as offices & retail stores; industrial plants; data centers; airports & seaports. The North American region dominates the global building automation and controls market due to early adoption of technology coupled with stringent government regulations mandating energy efficiency in commercial buildings.
Product Definition:
Building Automation and Controls (BAC) is the use of computer-aided technologies to manage building systems such as heating, ventilation, and air conditioning (HVAC), lighting, security, fire protection, and energy consumption. The goal of BAC is to optimize the performance of these systems while reducing energy costs.
HVAC Control:
HVAC control is the process of regulating the temperature in a building. The term HVAC is used for heating, ventilation and air conditioning. These systems are widely used in commercial buildings, residential buildings and industrial plants to maintain a comfortable environment inside.
The global market for HVAC controls was valued at USD 4,542 million in 2015 and it is expected to grow at an estimated CAGR of XX% from 2016 to 2024.
Lighting Control:
Lighting control is a system or a group of systems that regulate and monitor the amount of light falling on an area. It can be used in building automation and controls to regulate the amount of light needed during different times of the day. In addition, it helps in saving energy by reducing unnecessary lighting levels as well as controlling access to areas during off-business hours.
The global lighting control market size was valued at USD 6,15 billion in 2016.
Application Insights:
The commercial segment accounted for the largest share of over 60.0% in 2017 and is anticipated to maintain its lead over the forecast period. The rising number of hospitals, hotels, restaurants and shopping malls are driving the demand for building automation systems in this sector. Furthermore, growing investments by governments to reduce energy consumption through implementing energy-efficient solutions will fuel industry growth over the coming years.
The institutional segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing government initiatives on improving security and safety at educational institutions, healthcare facilities and corporate offices across various regions including North America, Europe and Asia Pacific China). Growing investments by end-users such as universities & colleges along with private investors R&D activities related building automation control system will drive market growth during the forecast period 2030 to 2030).
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government initiatives and investments in smart infrastructure projects. For instance, in India, the Ministry of Housing & Urban Affairs (MoHUA) has launched a Smart Cities Mission with an investment of USD X trillion over a period of five years. Under this initiative, cities including Delhi have been categorized as smart cities and are expected to adopt building automation systems across various sectors including energy management, transportation etc., thereby driving regional demand for BACs over the forecast period.
The North American region accounted for more than 25% revenue share in 2016 owing to early adoption by several industries and rapid technological advancements across all industry verticals such as healthcare & life sciences; retail; industrial applications; transportation & logistics among others.
Growth Factors:
- Increasing demand for energy-efficient buildings and controls
- Rapid growth in construction industry globally
- Proliferation of smart devices and the Internet of Things (IoT)
- Growing awareness about the benefits of building automation and controls
- Advancements in technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Building Automation and Controls Market Research Report
By Type
HVAC Control, Lighting Control, Security and Access Control
By Application
Institutional, Residential, Commercial
By Companies
Honeywell, Tyco, Siemens, Legrand, Johnson Controls, Bosch Security Systems, Schneider Electric, Control4, United Technologies, Lutron
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Building Automation and Controls Market Report Segments:
The global Building Automation and Controls market is segmented on the basis of:
Types
HVAC Control, Lighting Control, Security and Access Control
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Institutional, Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- Tyco
- Siemens
- Legrand
- Johnson Controls
- Bosch Security Systems
- Schneider Electric
- Control4
- United Technologies
- Lutron
Highlights of The Building Automation and Controls Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HVAC Control
- Lighting Control
- Security and Access Control
- By Application:
- Institutional
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Building Automation and Controls Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Building automation and controls (BAC) is a technology that helps buildings operate more efficiently by automating tasks and controlling systems. This can include things like turning lights on or off, adjusting temperatures, or opening doors. BAC can also help manage energy use by shutting down equipment when it's not needed.
Some of the major players in the building automation and controls market are Honeywell, Tyco, Siemens, Legrand, Johnson Controls, Bosch Security Systems, Schneider Electric, Control4, United Technologies, Lutron.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Building Automation and Controls Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Building Automation and Controls Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Building Automation and Controls Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Building Automation and Controls Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Building Automation and Controls Market Size & Forecast, 2020-2028
4.5.1 Building Automation and Controls Market Size and Y-o-Y Growth
4.5.2 Building Automation and Controls Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 HVAC Control
5.2.2 Lighting Control
5.2.3 Security and Access Control
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Institutional
6.2.2 Residential
6.2.3 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building Automation and Controls Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Building Automation and Controls Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 HVAC Control
9.6.2 Lighting Control
9.6.3 Security and Access Control
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Institutional
9.10.2 Residential
9.10.3 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 HVAC Control
10.6.2 Lighting Control
10.6.3 Security and Access Control
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Institutional
10.10.2 Residential
10.10.3 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 HVAC Control
11.6.2 Lighting Control
11.6.3 Security and Access Control
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Institutional
11.10.2 Residential
11.10.3 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 HVAC Control
12.6.2 Lighting Control
12.6.3 Security and Access Control
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Institutional
12.10.2 Residential
12.10.3 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 HVAC Control
13.6.2 Lighting Control
13.6.3 Security and Access Control
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Institutional
13.10.2 Residential
13.10.3 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Building Automation and Controls Market: Competitive Dashboard
14.2 Global Building Automation and Controls Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Tyco
14.3.3 Siemens
14.3.4 Legrand
14.3.5 Johnson Controls
14.3.6 Bosch Security Systems
14.3.7 Schneider Electric
14.3.8 Control4
14.3.9 United Technologies
14.3.10 Lutron
