Smart Building Automation Systems Market, Global Outlook and Forecast 2023-2032
The global Smart Building Automation Systems market was valued at US$ 60110 million in 2022 and is projected to reach US$ 91710 million by 2029, at a CAGR of 6.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Smart Building Automation Systems, 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 Smart Building Automation Systems. This report contains market size and forecasts of Smart Building Automation Systems in global, including the following market information:
- Global Smart Building Automation Systems Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Lighting Control Systems Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Smart Building Automation Systems include Honeywell International, Johnson Controls, Siemens AG, Delta Controls, Robert Bosch GmbH, Carrier Corporation, Schneider Electric SE, Performance Mechanical Group and Novar, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Smart Building Automation Systems 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 Smart Building Automation Systems Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Smart Building Automation Systems Market Segment Percentages, by Type, 2022 (%)
- Lighting Control Systems
- HVAC Control Systems
- Security & Access Control Systems
- Others
Global Smart Building Automation Systems Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Smart Building Automation Systems Market Segment Percentages, by Application, 2022 (%)
- Residential
- Commercial
- Industrial
Global Smart Building Automation Systems Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Smart Building Automation Systems 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 Smart Building Automation Systems revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Smart Building Automation Systems revenues share in global market, 2022 (%)
key players include:
- Honeywell International
- Johnson Controls
- Siemens AG
- Delta Controls
- Robert Bosch GmbH
- Carrier Corporation
- Schneider Electric SE
- Performance Mechanical Group
- Novar
- Trane
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Building Automation Systems, market overview.
Chapter 2: Global Smart Building Automation Systems market size in revenue.
Chapter 3: Detailed analysis of Smart Building Automation Systems 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 Smart Building Automation Systems 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.
