December 2005 |
Babel Buster Network Gateways: Big Features. Small Price. |
Building Automation Systems Worldwide Market to Exceed $25 Billion
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Dedham, Massachusetts: The worldwide Building Automation Systems (BAS) market continues to grow at a steady rate in both developing and developed countries. The worldwide market for BAS is expected to grow at a Compounded Annual Growth Rate (CAGR) of nearly 5 percent over the next five years. The market was nearly $22 billion in 2004 and is forecasted to exceed $25 billion in 2009, according to a new ARC Advisory Group study.
Corporations in developed countries continue investing in BAS solutions to help strategically manage existing building assets while companies in developing countries continue constructing new state-of-the-art commercial and industrial buildings. “For companies in developed regions, strategic management of existing building assets is one of the best ways to increase productivity, with little to virtually no operational upsets. On the flip side, corporations in Asia continue expanding operations to meet growing domestic demand, many of which are incorporating state-of-the-art BAS solutions,” according to Senior Analyst David Clayton, the principal author of ARC’s “Building Automation Systems Worldwide Outlook”.
Drive Toward Enterprise Integration
The move towards increasing enterprise integration enhances the need for
advanced BAS solutions. Companies across all vertical building markets are
striving to increase integration across the entire enterprise to improve
information management and optimize the strategic decision-making process. As
BAS increasingly adopt IT standards, they are increasingly converging with
traditional IT infrastructures.
Integration between BAS and enterprise systems allows companies to optimize such
applications as energy management and maintenance operations. For example,
enterprise integration can optimize energy management by allowing energy
management solutions to monitor utility rates in real-time and collect energy
use over a group of buildings set apart geographically. Using this data, energy
management solutions can analyze the enterprises’ energy portfolio and place
certain buildings in a particular energy-saving mode based on real energy usage
data and real-time energy rates. Maintenance operations also benefit greatly
from enterprise integration because it provides enterprise systems access to
critical building parameters at the corporate level, which allows facilities
managers to base critical strategic decisions on real-time, asset health
information as opposed to guesses and hunches. As more companies enhance their
enterprise integration, they will increasingly invest in integrated BAS.
Adoption of IT Standards
Through the adoption of existing Internet standards for BAS data
communication, suppliers have made it possible for BAS to communicate with
enterprise systems using off-the-shelf technology already being employed in the
majority of commercial and industrial buildings today. With the adoption of
Internet communication standards, such as Ethernet, TCP/IP, web servers, and
XML, the price of integrating BAS with existing enterprise systems is lowered
dramatically because the level of customization necessary is reduced
dramatically. Adoption of IT standards in the BAS industry, and the inherent
cost savings regarding BAS integration, is causing many building owners to
rethink the value proposition of integrated BAS.
[Home Page] [The Automator] [About] [Subscribe ] [Contact Us]