Building Automation Systems Market Will Witness 6.9% Revenue Growth through 2035.
The report titled “Global Building Automation Systems Market” is segmented by: By Product (Hardware, Software, and Services), By System (Security & Surveillance Systems, HVAC Systems, Lighting Solutions, Building Energy Management Systems (BEMS), and Other Systems), By Application (Commercial Sector, Residential Sector, Government Sector, and Others), and Region, Market Forecast, 2025–2035 gives a detailed insight into current market dynamics and provides analysis on future market growth.
The building automation systems market is witnessing significant growth due to growing requirements for energy-efficient solutions, heightened adoption of smart technologies, and the necessity for enhanced occupant comfort and safety. With energy prices continuing to rise & environmental issues becoming increasingly critical, organizations and building owners are opting for BAS to maximize energy consumption through smart control of HVAC, lighting, security, and other building systems. Furthermore, the convergence of IoT, AI, and cloud platforms has revolutionized conventional BAS to smart, networked systems with real-time data and predictive maintenance, lowering operational expenses and system reliability.
Opportunities within the BAS market are growing fast, especially in the commercial, healthcare, and residential markets. The pressure to pursue green building certifications and government incentives supporting sustainable construction is driving broader adoption of BAS. Emerging economies hold latent potential, with urbanization and infrastructure development picking up steam. In addition, the increasing trend of retrofitting existing buildings with new-age automation solutions provides a profitable path for vendors. The need for wireless and open-protocol systems also presents possibilities for innovation and interoperability. Smart cities, while expanding their presence, will increasingly rely on BAS in supporting intelligent urban infrastructure, providing high long-term growth opportunities for industry participants.
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Key Highlight of the Market
• By product, the hardware segment is the largest segment in the building automation systems market, accounting for 52.6% share in 2024. Hardware is the base layer on which automation systems are constructed, hence its broad uptake a necessity for any BAS installation.
• The services segment is forecasted to grow at CAGR of 9.8% during the forecast period. These are spurred by the escalating complexity of BAS installations, the requirement for in-depth integration and maintenance expertise, as well as the requirement for continuous support and optimization.
• By system, the security & surveillance systems segment accounts for the 36.2% share in 2024 in the building automation systems market. This is because the common and essential requirement of safety and security is found in every type of building—commercial, residential, and governmental.
• By application, the commercial sector is the dominant segment in the market, accounting for 38.7% share in 2024. This is due to the inbuilt complexity and size of commercial buildings like office complexes, shopping spaces, hotels, and healthcare buildings that require high-level sophistication in automation for optimal operation.
• The residential segment is expected to witness 10.7% CAGR during the forecast period. This growth is fuelled by growing awareness among consumers for smart home technology, the need for increased convenience, energy efficiency, and security within homes, and the fall in prices for smart devices.
Regional Insights
North America dominates the building automation systems market with a 34.8% share in 2024. Its leading position is mainly attributed to its sophisticated technological infrastructure, stringent energy efficiency standards, and high investments in smart building programs in the US & Canada. The region experiences the widespread use of integrated building management systems, especially in commercial and government spaces, underpinned by a strong market presence of major players in the industry and a well-structured market for intelligent technologies. Asia-Pacific is foreseen to grow at a CAGR of 9.7%. This strong growth is driven by fast-rising urbanization, large-scale development of infrastructure, and rising government programs focusing on the adoption of smart cities in nations such as China, India, and Japan. India's building automation systems market will grow at a 10.4% CAGR, fuelled by increased demand for new-age commercial and residential spaces, raising awareness of energy efficiency advantages, and increased concerns about safety and security. The focus on green construction and technology integration in the region makes it one of the high-growth regions in the global level.
Key players in the global building automation systems market include Siemens AG, Johnson Controls, Schneider Electric, Carrier, Robert Bosch, Legrand, Hubbell, ABB, Trane Technologies, Lutron Electronics, Crestron Electronics, Hitachi, Delta Controls, Beckhoff Automation, Lennox International, General Electric, Distech Controls, Dialight PLC, Cisco Systems, Rockwell Automation, Control4, Signify, Emerson Electric, and Leviton Manufacturing Company.
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