Global building automation
In May 2018, BSRIA published research showing that growth in software and the Internet of Things (IoT) are the key drivers for 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 $7 billion in 2017 to $8.5 billion (in manufacturing selling prices) in 2022.
The fastest growth is expected to be software used to manage, control and optimise building systems and building energy management – forecast to grow at 10% annually. This reflects the increasing strategic importance of data and analytics in managing buildings.
The ever-increasing significance of the IoT is revealed by the number of devices now leaving the factory ready for IP connection.
Building managers are increasingly interested in moving beyond HVAC to integrate other systems such as lighting, security, and even in some cases, fire. More than a quarter of building automation projects now integrate at least one of these additional systems. This is especially true for 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 almost half the total global BACS market in 2017, but all major markets are experiencing growth.
In terms of suppliers, the global market remains split between the 'big 4'; Siemens, Honeywell, JCI and Schneider Electric, who take almost half the total market between them, and a range of mainly regional players, some of which have achieved substantial sales by concentrating on key national markets, or by focusing on 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 focuses on the three 'I's: namely IP connectivity, integration of systems and information technology in general and software in particular. Watch this space.”
The World Building Automation and Control Systems (BACS) 2018 report, researched in 2017 and published in April 2018, is available by country or as a package. It includes a detailed assessment of the current and future markets for intelligent control systems in non-residential buildings. See here for more information.
This article was originally published here in May 2018 by BSRIA.
--BSRIA
[edit] Related articles on Designing Buildings Wiki
- Artificial intelligence in buildings.
- BSRIA articles on Designing Buildings Wiki.
- Building Automation and Control System BACS.
- Building Automation and Control System Market.
- Building services.
- Commercial building automation market.
- Cyber threats to building automation and control systems.
- Global study of challenges and opportunities in the BACS market.
- Internet of things.
Featured articles and news
Registered building inspectors
Building types and conflicts of interest updates explaineed.
Engineering services still struggle with labour shortages
According to latest quarterly services survey of the sector.
Infrastructure that connect the physical and digital domains.
Harnessing robotics and AI in challenging environments
The key to nuclear decommissioning and fusion engineering.
BSRIA announces Lisa Ashworth as new CEO
Tasked with furthering BSRIA’s impressive growth ambitions.
Public buildings get half a million energy efficiency boost
£557 million to switch to cleaner heating and save on energy.
CIOB launches pre-election manifesto
Outlining potential future policies for the next government.
Grenfell Tower Inquiry announcement
Phase 2 hearings come to a close and the final report due in September.
Progress from Parts L, F and O: A whitepaper, one year on.
A replicated study to understand the opinion of practitioners.
ECA announces new president 2024
Electrical engineer and business leader Stuart Smith.
A distinct type of countryside that should be celebrated.
Should Part O be extended to existing buildings?
EAC brands heatwave adaptation a missed opportunity.
Definition of Statutory in workplace and facilities management
Established by IWFM, BESA, CIBSE and BSRIA.
Tackling the transition from traditional heating systems
59% lack the necessary information and confidence to switch.
The general election and the construction industry
As PM, Rishi Sunak announces July 4 date for an election.
Eco apprenticeships continue help grow green workforce
A year after being recognised at the King's coronation.