Market Overview:
The global building automation and control systems (BACS) market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for energy-efficient buildings, growing awareness about safety and security, and rising adoption of IoT-based solutions in BACS. The hardware equipment segment is expected to hold the largest share of the global BACS market in 2018. This segment is projected to grow at a CAGR of X.X% during the forecast period. The software system segment is projected to grow at a CAGR of X.X% during the forecast period. The commercial application segment is expected to hold the largest share of the global BACS market in 2018. This segment is projected to grow at a CAGR of X.X% duringthe forecast period.
 Industry Outlook.svg)
Product Definition:
The definition of Building Automation & Control Systems (BACS) is the use of computer-aided systems to manage and control the environment within a building. The importance of Building Automation & Control Systems (BACS) is that it allows for better management and control over the environment within a building, which can lead to increased energy efficiency, improved comfort levels for occupants, and other benefits.
Hardware Equipment:
Hardware equipment is used in building automation and control systems to carry out the commands of the software. It consists of sensors, actuators, controllers, and other electronic devices that are used for controlling various aspects of buildings such as energy consumption & quality maintenance along with security & safety. The growth factor in BACS market is increasing demand from end-user industries such as hospitality/hospitality industry which includes resorts, hospitals etc., residential sector which includes houses and commercial sector which includes offices etc.
Software System:
Software system is used in building automation and control systems to carry out the instructions given by the user. It helps in controlling various aspects of buildings such as lights, security, energy management, and comfort. Software system also controls processes such as data entry & processing, accounting & billing along with automating tasks that are done by humans. The software can be used for various applications like residential/commercial or industrial automation depending upon requirements.
Building Automation.
Application Insights:
The commercial segment dominated the global market in terms of revenue in 2017. The growth can be attributed to the rapidly expanding construction and renovation activities across various end-use industries such as healthcare, retail, hospitality and entertainment, office space, telecom & IT etc. Furthermore, increasing penetration of energy efficient building control systems that reduce operational costs is also expected to drive demand over the forecast period.
The residential segment is expected to witness significant growth over the forecast period owing to rising consumer preference for home automation solutions coupled with growing concerns regarding energy consumption and environmental protection. Increasing government initiatives on smart housing are further anticipated to fuel product demand over the coming years.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising investments in commercial and residential building automation projects, growing adoption of smart grid technology, increasing demand for energy-efficient products along with government initiatives favoring digitalization. Increasing penetration of smartphones coupled with rapid internet connectivity has given rise to new business models supporting BACS solutions such as on-demand services and cloud computing. This trend is projected to further propel regional market growth during the forecast period.
North America region was valued at USD X million in 2017 owing to high demand from U.S.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global market for BACS is expected to grow at a CAGR of over 7% from 2016 to 2024, owing to the increasing demand for energy-efficient buildings. Buildings account for nearly one-third of the world’s total energy consumption and this number is only expected to increase in the coming years as developing countries continue their rapid industrialization and urbanization processes. By automating various building systems such as heating, ventilation, and air conditioning (HVAC), lighting, security, and access control systems, BACS can help reduce a building’s overall energy consumption by up to 30%.
- Growing popularity of smart buildings: With the advent of smart cities and the Internet of Things (IoT), there has been a growing trend towards installing intelligent or “smart” building automation systems. Smart buildings are equipped with advanced sensors and controllers that allow them to automatically adjust their operations based on real-time environmental conditions or occupant preferences. This not only leads to increased efficiency and comfort but also helps reduce operating costs by up to 20%.
- Proliferation of green construction practices: In order to meet ever-stricter emissions regulations set by governments around the world, many construction firms are now turning towards green construction practices such as using more efficient HVAC equipment, installing LED lighting fixtures instead of traditional bulbs, etc. Building automation systems can play an important role in helping
Scope Of The Report
Report Attributes
Report Details
Report Title
Building Automation & Control Systems (BACS) Market Research Report
By Type
Hardware Equipment, Software System
By Application
Residential, Commercial
By Companies
Automated Logic, Honeywell, Johnson Controls, Schneider Electric, Automated Logic
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Building Automation & Control Systems (BACS) Market Report Segments:
The global Building Automation & Control Systems (BACS) market is segmented on the basis of:
Types
Hardware Equipment, Software System
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
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:
- Automated Logic
- Honeywell
- Johnson Controls
- Schneider Electric
- Automated Logic
 Market Overview.svg)
Highlights of The Building Automation & Control Systems (BACS) 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:
- Hardware Equipment
- Software System
- By Application:
- 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 & Control Systems (BACS) 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
 Market Statistics.svg)
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 & Control Systems (BACS) are systems that automate the control of building systems and processes. They can include things like lighting, heating, ventilation, air conditioning and security. BACS can help to improve efficiency and safety in buildings by automating tasks that would otherwise be done manually.
Some of the key players operating in the building automation & control systems (bacs) market are Automated Logic, Honeywell, Johnson Controls, Schneider Electric, Automated Logic.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Building Automation & Control Systems (BACS) 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 & Control Systems (BACS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Building Automation & Control Systems (BACS) 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 & Control Systems (BACS) 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 & Control Systems (BACS) Market Size & Forecast, 2020-2028
4.5.1 Building Automation & Control Systems (BACS) Market Size and Y-o-Y Growth
4.5.2 Building Automation & Control Systems (BACS) 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 Hardware Equipment
5.2.2 Software System
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 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building Automation & Control Systems (BACS) 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 & Control Systems (BACS) 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 Hardware Equipment
9.6.2 Software System
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 Residential
9.10.2 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 Hardware Equipment
10.6.2 Software System
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 Residential
10.10.2 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 Hardware Equipment
11.6.2 Software System
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 Residential
11.10.2 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 Hardware Equipment
12.6.2 Software System
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 Residential
12.10.2 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 Hardware Equipment
13.6.2 Software System
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 Residential
13.10.2 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 & Control Systems (BACS) Market: Competitive Dashboard
14.2 Global Building Automation & Control Systems (BACS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Automated Logic
14.3.2 Honeywell
14.3.3 Johnson Controls
14.3.4 Schneider Electric
14.3.5 Automated Logic
