Building Automation Software Market, Global Outlook and Forecast 2023-2032
The global Building Automation Software market was valued at US$ 49770 million in 2022 and is projected to reach US$ 85520 million by 2029, at a CAGR of 8.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Building Automation Software market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Building Automation Software market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Building Automation Software market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Building automation is the automatic centralized control of a building's heating, ventilation and air conditioning, lighting and other systems through a building management system or building automation system (BAS). The objectives of building automation are improved occupant comfort, efficient operation of building systems, reduction in energy consumption and operating costs, and improved life cycle of utilities. Building automation is an example of a distributed control system ? the computer networking of electronic devices designed to monitor and control the mechanical, security, fire and flood safety, lighting (especially emergency lighting), HVAC and humidity control and ventilation systems in a building.
This report aims to provide a comprehensive presentation of the global market for Building Automation Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Building Automation Software. This report contains market size and forecasts of Building Automation Software in global, including the following market information:
- Global Building Automation Software Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
One driver in the market is growing need of building automation for enhancing business outcomes. Building automation deployed in industrial, residential, and commercial buildings can substantially improve the outcomes of business operations in terms of efficiency, productivity, and cost. In the light of these benefits, building automation has become an integral aspect of businesses these days. One trend in the market is integration of IoT in building automation system. Traditional buildings are controlled manually, which entails high lead time and operational cost. Similarly, the existing intra-networking between devices suffers from huge disadvantages of limited connectivity due to complex wired or slow wireless technology.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Building Automation Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Building Automation Software Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Building Automation Software Market Segment Percentages, by Type, 2022 (%)
- BMS Software
- Standalone Building Automation Software
Global Building Automation Software Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Building Automation Software Market Segment Percentages, by Application, 2022 (%)
- Commercial Buildings
- Industrial Buildings
Global Building Automation Software Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Building Automation Software Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Building Automation Software revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Building Automation Software revenues share in global market, 2022 (%)
key players include:
- Automated Logic
- Honeywell International
- Johnson Controls
- Schneider Electric
- Siemens
- Advantech
- BuildingIQ
- Cisco
- Control4
- ICONICS
- Mass Electronics (Innotech)
- Trane
- FIBARO
- EUROICC
Outline of Major Chapters:
Chapter 1: Introduces the definition of Building Automation Software, market overview.
Chapter 2: Global Building Automation Software market size in revenue.
Chapter 3: Detailed analysis of Building Automation Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Building Automation Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
