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CABA releases its Intelligent Buildings Market Sizing North America 2015 Report
The Continental Automated Buildings Association, through its
Intelligent & Integrated Buildings Council, recently completed its
comprehensive update to its original "Intelligent and Integrated
Buildings Technologies: Market Sizing in North America 2010" report.
The new study, entitled “CABA Intelligent Buildings Market Sizing North America 2015 Report”, provides an in-depth analysis of the North American market for integrated and converged intelligent building control systems. The report assess market sizes by product at the first point of distribution, products at engineered and commissioned prices and determine the total value added, factoring in hardware price erosion, throughout the entire supply chain.
The report estimates the market for building automation and controls systems (BACS) was worth US$7,556 million in 2013, having grown 4.9 percent since CABA’s last market sizing report. The report also estimates that the lighting controls market was worth just US$1,767 million in 2013, but has undertaken phenomenal growth of 91 percent since 2008. Further, the fire detection and alarm market was worth US$4,865 million in 2013 and grew just 3.6 percent since 2008. The security market, comprising closed circuit television (CCTV), access control and intrusion was worth US$12,368 million in 2013 and has grown strongly, up 8.5 percent since 2008, led by CCTV.
In addition to market size insights, the report also examined direct expansion central air conditioning (DX AC) entrants, increasing sophistication of air conditioning (AC) and heating controls, variable refrigerant flow (VRF) systems equipped with control and energy management functionality, and new developments in smart homes and communicating room controllers.
CABA's updated study is designed to be of interest to: building controls manufacturers; systems integrators; controls contractors; facility management companies; energy management service companies; original equipment manufacturers of heating, ventilation and air conditioning hardware; architects; building services consultants; security, fire alarm and lighting control companies; telecommunications and computer hardware manufacturers; network and structured cabling suppliers; and installers.
“We are extremely excited at the quality and the findings of this report,” stated Ronald J. Zimmer, CABA President & CEO. “CABA believes that this report will provide our members and the industry at large with the actionable market research required to position their products and services for success.”
The “CABA Intelligent Buildings Market Sizing North America 2015 Report” was conducted by the UK-based Building Services Research and Information Association. BSRIA’s Worldwide Market Intelligence unit has over 25 years of experience in global market research and have conducted studies in affiliated CABA subsectors such as air conditioning, heating, IT cabling, piping, bathroom equipment, building control systems, renewables, facilities management and contracting.
The study was a major initiative of the CABA Research Program, which offers a range of opt-in technical and advisory research services designed to provide industry stakeholders with collaborative research and R&D opportunities. The Report also obtained input and oversight from the CABA Intelligent & Integrated Buildings Council and the CABA Board of Directors.
Organizations will be able purchase the Report, following an embargo period by contacting CABA at 888.798.CABA (2222) or 613.686.1814 x 226. Also, CABA Members will be able to have complimentary access to the Executive Summary of the Report in the CABA Research Library.” Funding partners that participating in CABA’s updated market sizing study included: Belimo Air Controls Inc., Broadcom Corporation, Distech Controls Inc., Honeywell International, Inc., Johnson Controls, KMC Controls, MechoSystems Inc., Overhead Door Corporation, Panduit Corporation, Philips, Siemens Industry, Inc. , Schneider Electric and United Technologies – Building & Industrial Systems.
Web site: www.caba.org
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