Building Automation System Market Size - Forecasts to 2026

The findings reviewed by GME stated that theGlobal Building Automation System Market will expand with a CAGR value of 8.8 percent from 2021 to 2026. Increasing demand for integrated security solutions and growing green building innovations like net-zero energy buildings that are dependent on building automation systems are expected to increase the demand for building automation systems.

Browse 159 Market Data Tables and 119 Figures spread through 189 Pages and in-depth TOC on "Building Automation System Market - Forecast to 2026"

https://www.globalmarketestimates.com/market-report/global-building-automation-system-market-2886

By Offering (Facility Management Systems, Security and Access Controls, Fire Protection Systems, Building Energy Management Software, Building Automation System Services, Others), By Communication Technology (Wired Technology, Wireless Technology), By Application (Residential, Commercial, Office Buildings, Retail, and Public Assembly Buildings, Hospitals and Healthcare Facilities, Airports and Railway Stations, Industrial), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

Key Market Insights

Building automation systems are used to monitor and control mechanical operations occurring within residential, commercial, and industrial buildings.
The increasing innovations in building energy conservation, growing demand for integrated security solutions, and growing smart city initiatives are expected to drive the demand for the building automation system market.
In 2020, the largest shareholder was the wireless technology segment in terms of revenue growth.
Honeywell International Inc., Azbil Corporation, ABB, Eaton, Ingersoll Rand Plc., Johnson Control, Siemens Building Technologies Inc., General Electric, Schneider Electric, Hubbell Inc., Rockwell Automation Inc., and United Technologies Corporation, among others, are the major vendors competing in the building automation system market.

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Offering Outlook (Revenue, USD Billion, 2021-2026)