NEW YORK, Dec. 8, 2022 /PRNewswire/ -- The building automation and control systems market size is forecasted to increase by USD 31,125.12 million from 2022 to 2027, at a CAGR of 9.25%, according to the recent market study by Technavio. The growth of the market will be driven by the demand for energy efficiency, the need for comfort and foolproof security systems, and the customization of automation and building control systems.
Technavio categorizes the global building automation and control systems market as a part of the electrical components and equipment market, which covers companies engaged in the manufacturing of electric cables and wires, electrical components, and electrical equipment.
Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report
Technavio has extensively analyzed 15 major vendors, including ABB Ltd., Bajaj Electricals Ltd., BuildingLogiX, Emerson Electric Co., Evon Technologies Pvt. Ltd., Forescout Technologies Inc., Honeywell International Inc., IoEnergy Inc., Itron Inc., Johnson Controls International Plc, KMC Controls Inc., Legrand SA, Lutron Electronics Co. Inc., Mode Green Integrated Building Technology, OptergyA, PointGrab Inc., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Robert Bosch GmbH.
Key benefits for industry players & stakeholders –
- The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
- It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
- The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category focused, industry focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
Expand operations in the future - To get requisite details, ask for a custom report.
Customer landscape - Analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria by Technavio
- One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
- Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
- Furthermore, market adoption rates for all regions have been covered.
Download the sample to get a holistic overview of the building automation and control systems market by industry experts to evaluate and develop growth strategies.
The market is segmented by end-user (commercial buildings, residential buildings, government buildings, and other buildings) and type (integration and services).
Segmentation by end-user (inclusion/exclusion)
- Inclusion:
- Commercial buildings:
The commercial buildings segment grew gradually by USD 17,396.52 million between 2017 and 2021. During the forecast period, the growth of this segment will be driven by factors such as the need to increase energy efficiency in emerging economies and government regulations and growing awareness about the importance of energy efficiency. In addition, many vendors are offering customized solutions to commercial end-users at competitive rates to increase their market shares and expand their customer base.
To get detailed insights about inclusions and exclusions, buy the report.
Related Reports -
Commercial Building Automation Systems Market by Technology and Geography - Forecast and Analysis 2022-2026 – size is estimated to increase by USD 18.97 billion from 2021 to 2026, with an accelerated CAGR of 8.98%, according to the recent market study by Technavio. Furthermore, this report extensively covers market segmentation by technology (wired and wireless) and geography (APAC, Europe, North America, South America, and the Middle East and Africa).
Automation Systems Market in Indonesia by Component and End-user - Forecast and Analysis 2022-2026 – size is estimated to increase by USD 1.24 billion from 2021 to 2026, with an accelerated CAGR of 9.98%, according to the recent market study by Technavio. The simplification of manufacturing through automation systems is one of the key factors driving the market growth.
What are the key data covered in the building automation and control systems market?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the building automation and control systems market between 2023 and 2027
- Precise estimation of the size of the building automation and control systems market size and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the building automation and control systems market across APAC, North America, Europe, Middle East and Africa, and South America
- Thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of building automation and control systems market vendors
Building Automation and Control Systems Market Scope |
|
Report Coverage |
Details |
Page number |
165 |
Base year |
2022 |
Historic Period |
2017 -2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.25% |
Market growth 2023-2027 |
USD 31,125.12 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
7.46 |
Regional analysis |
Europe, North America, APAC, Middle East and Africa, and South America |
Performing contribution |
Europe at 31% |
Key countries |
US, Canada, China, UK, and Germany |
Competitive landscape |
Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Companies profiled |
ABB Ltd., Bajaj Electricals Ltd., BuildingLogiX, Emerson Electric Co., Evon Technologies Pvt. Ltd., Forescout Technologies Inc., Honeywell International Inc., IoEnergy Inc., Itron Inc., Johnson Controls International Plc, KMC Controls Inc., Legrand SA, Lutron Electronics Co. Inc., Mode Green Integrated Building Technology, OptergyA, PointGrab Inc., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Robert Bosch GmbH |
Market Dynamics |
Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global building automation and control systems market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global building automation and control systems market 2017 - 2021 ($ million)
- 4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
- 6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Commercial buildings - Market size and forecast 2022-2027
- Exhibit 34: Chart on Commercial buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Commercial buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Commercial buildings - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Commercial buildings - Year-over-year growth 2022-2027 (%)
- 6.4 Residential buildings - Market size and forecast 2022-2027
- Exhibit 38: Chart on Residential buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Residential buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Residential buildings - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Residential buildings - Year-over-year growth 2022-2027 (%)
- 6.5 Government buildings - Market size and forecast 2022-2027
- Exhibit 42: Chart on Government buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Government buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Government buildings - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Government buildings - Year-over-year growth 2022-2027 (%)
- 6.6 Other buildings - Market size and forecast 2022-2027
- Exhibit 46: Chart on Other buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Other buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Other buildings - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Other buildings - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by End-user
- Exhibit 50: Market opportunity by End-user ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 51: Chart on Type - Market share 2022-2027 (%)
- Exhibit 52: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 53: Chart on Comparison by Type
- Exhibit 54: Data Table on Comparison by Type
- 7.3 Integration - Market size and forecast 2022-2027
- Exhibit 55: Chart on Integration - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Integration - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Integration - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Integration - Year-over-year growth 2022-2027 (%)
- 7.4 Services - Market size and forecast 2022-2027
- Exhibit 59: Chart on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Services - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Services - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Type
- Exhibit 63: Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 65: Chart on Market share by geography 2022-2027 (%)
- Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 67: Chart on Geographic comparison
- Exhibit 68: Data Table on Geographic comparison
- 9.3 Europe - Market size and forecast 2022-2027
- Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 UK - Market size and forecast 2022-2027
- Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.10 China - Market size and forecast 2022-2027
- Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 105: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 109: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 110: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 112: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 113: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 114: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 115: Matrix on vendor position and classification
- 12.3 ABB Ltd.
- Exhibit 116: ABB Ltd. - Overview
- Exhibit 117: ABB Ltd. - Business segments
- Exhibit 118: ABB Ltd. - Key news
- Exhibit 119: ABB Ltd. - Key offerings
- Exhibit 120: ABB Ltd. - Segment focus
- 12.4 Bajaj Electricals Ltd.
- Exhibit 121: Bajaj Electricals Ltd. - Overview
- Exhibit 122: Bajaj Electricals Ltd. - Business segments
- Exhibit 123: Bajaj Electricals Ltd. - Key news
- Exhibit 124: Bajaj Electricals Ltd. - Key offerings
- Exhibit 125: Bajaj Electricals Ltd. - Segment focus
- 12.5 BuildingLogiX
- Exhibit 126: BuildingLogiX - Overview
- Exhibit 127: BuildingLogiX - Product / Service
- Exhibit 128: BuildingLogiX - Key offerings
- 12.6 Emerson Electric Co.
- Exhibit 129: Emerson Electric Co. - Overview
- Exhibit 130: Emerson Electric Co. - Business segments
- Exhibit 131: Emerson Electric Co. - Key offerings
- Exhibit 132: Emerson Electric Co. - Segment focus
- 12.7 Evon Technologies Pvt. Ltd.
- Exhibit 133: Evon Technologies Pvt. Ltd. - Overview
- Exhibit 134: Evon Technologies Pvt. Ltd. - Product / Service
- Exhibit 135: Evon Technologies Pvt. Ltd. - Key offerings
- 12.8 Forescout Technologies Inc.
- Exhibit 136: Forescout Technologies Inc. - Overview
- Exhibit 137: Forescout Technologies Inc. - Product / Service
- Exhibit 138: Forescout Technologies Inc. - Key news
- Exhibit 139: Forescout Technologies Inc. - Key offerings
- 12.9 Honeywell International Inc.
- Exhibit 140: Honeywell International Inc. - Overview
- Exhibit 141: Honeywell International Inc. - Business segments
- Exhibit 142: Honeywell International Inc. - Key news
- Exhibit 143: Honeywell International Inc. - Key offerings
- Exhibit 144: Honeywell International Inc. - Segment focus
- 12.10 IoEnergy Inc.
- Exhibit 145: IoEnergy Inc. - Overview
- Exhibit 146: IoEnergy Inc. - Product / Service
- Exhibit 147: IoEnergy Inc. - Key offerings
- 12.11 Itron Inc.
- Exhibit 148: Itron Inc. - Overview
- Exhibit 149: Itron Inc. - Business segments
- Exhibit 150: Itron Inc. - Key offerings
- Exhibit 151: Itron Inc. - Segment focus
- 12.12 Johnson Controls International Plc
- Exhibit 152: Johnson Controls International Plc - Overview
- Exhibit 153: Johnson Controls International Plc - Business segments
- Exhibit 154: Johnson Controls International Plc - Key news
- Exhibit 155: Johnson Controls International Plc - Key offerings
- Exhibit 156: Johnson Controls International Plc - Segment focus
- 12.13 KMC Controls Inc.
- Exhibit 157: KMC Controls Inc. - Overview
- Exhibit 158: KMC Controls Inc. - Product / Service
- Exhibit 159: KMC Controls Inc. - Key offerings
- 12.14 Legrand SA
- Exhibit 160: Legrand SA - Overview
- Exhibit 161: Legrand SA - Business segments
- Exhibit 162: Legrand SA - Key news
- Exhibit 163: Legrand SA - Key offerings
- Exhibit 164: Legrand SA - Segment focus
- 12.15 Lutron Electronics Co. Inc.
- Exhibit 165: Lutron Electronics Co. Inc. - Overview
- Exhibit 166: Lutron Electronics Co. Inc. - Product / Service
- Exhibit 167: Lutron Electronics Co. Inc. - Key offerings
- 12.16 Mode Green Integrated Building Technology
- Exhibit 168: Mode Green Integrated Building Technology - Overview
- Exhibit 169: Mode Green Integrated Building Technology - Product / Service
- Exhibit 170: Mode Green Integrated Building Technology - Key offerings
- 12.17 OptergyA
- Exhibit 171: OptergyA - Overview
- Exhibit 172: OptergyA - Product / Service
- Exhibit 173: OptergyA - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 174: Inclusions checklist
- Exhibit 175: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 176: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 177: Research methodology
- Exhibit 178: Validation techniques employed for market sizing
- Exhibit 179: Information sources
- 13.5 List of abbreviations
- Exhibit 180: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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