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Global Building Automation Being Driven by the Three “I”s: Information, Integration & IP Connectivity
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3rd May 2018 -
BSRIA research shows that growth in software and the Internet of Things
(IoT) are key drivers of growth in the global building automation
market.
The total market for controllers (DDC, room and field controllers) as
well as software and hardware is forecast to grow from USD 7 billion in
2017 to USD 8.5 billion (in manufacturing selling prices) in 2022.
The fastest growth is projected for software used to manage and control
and optimise the building systems as well as building energy management
– forecast to grow at 10 per cent annually. This reflects the growing
strategic importance of data and analytics in managing buildings.
A growing proportion of devices leaving the factory pre-fitted to be
ready for IP connection “as and when needed” showcases how the IoT is
becoming key.
Building managers are increasingly interested in moving beyond HVAC
systems to integrate other building systems such as lighting, security
and – even in some cases – fire. More than one quarter of building
automation projects now integrate at least one of these additional
systems. This is especially true of large, new, complex building
projects such as transport terminals, retail centres, sports stadiums
and universities.
The USA remains by far the largest market, followed by Germany, Japan
and China. These four countries alone accounted for just under half of
the total global BACS market in 2017, but all major markets are
experiencing growth.
Regarding suppliers – the global market remains split between the “big
4”: Siemens, Honeywell, JCI and Schneider Electric, who take almost
half the total global market between them and a range of mainly
regional players, some of which have achieved quite substantial sales
by concentrating on key national markets, or by focussing on key areas
such as software development.
Henry Lawson, BSRIA’s Senior Market Research Analyst, commented:
“While on the surface, Building Automation looks to be a fairly mature
and evolving market, BSRIA’s latest market studies dig below the
surface to highlight some important trends that all market players need
to be aware of.
In this respect – we are looking at a market that increasingly focusses
on the three “I”s: namely IP connectivity, integration of systems and
information technology in general and software in particular. Watch
this space.”
[an error occurred while processing this directive]The
World Building Automation and Control Systems (BACS) 2018 report,
researched in 2017, published in April 2018, is available by country or
as a package. Includes a detailed assessment of the current and future
markets for intelligent control systems in non-residential buildings.
Contact details:
• EMEA sales enquiries: BSRIA UK: wmi@bsria.co.uk ¦
+44 (0) 1344 465 540 www.bsria.co.uk
• America sales enquiries: BSRIA USA: sales@bsria.com ¦ +1 312 753 6800 www.bsria.com
• China sales enquiries: BSRIA China:
bsria@bsria.com.cn ¦ +86 10 6465 7707
www.bsria.com.cn
BSRIA's Worldwide Market Intelligence (WMI) division is a leading
provider of a regularly released authoritative portfolio of published
market reports and hot topics, in addition to bespoke studies and
management consultancy. A wide range of off-the-shelf solutions
includes: HVAC, energy service and smart homes, renewable technology,
refrigeration, structured cabling, lighting, security, fire detection
and building controls.
BSRIA WMI also offers highly valued market consultancy to the building
and HVAC&R market stakeholders building on its comprehensive data
base of information, its profound expertise of the markets competitive
environment, its technical knowledge and strong analytical power.
BSRIA is a non-profit distributing, member-based association, providing
specialist services in construction and building services. More
information at www.bsria.co.uk.
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