Search results for: 'Automation AND Justification'

The global building automation system (BAS) market is undergoing a significant transformation. The rapid increase in the digitalization of buildings has resulted in a spurt in demand for smart building management solutions and BASs. These technologies are causing significant disruptions, driving a shift away from traditional building administration...

The COVID-19 pandemic has impacted every sector in some capacity and has forced market participants across industries to undergo rapid transformation. The building technologies and services industry is no exception and is at the cusp of a considerable shift. These changes are not restricted to technological or building design changes but involve ho...

The homes and buildings industry’s future is technology enabled. Recovery from the COVID-19 pandemic combined with decarbonization challenges will accelerate the use of digital building technologies. Heightened awareness about a safe and healthy environment will prompt the use of the internet of things (IoT), artificial intelligence (AI) applicatio...

The building automation market is dependent on growth factors such as energy efficiency, supportive legislation and regulations for energy efficiency in buildings, as well as buildings' end-user comfort, advancements in digital technology, and growth in commercial construction. The growth is restrained by macroeconomic factors and a lack of legisla...

The COVID-19 pandemic has accelerated the need to automate buildings. There is an increasing need to manage buildings remotely, which demands the convergence of advanced analytics, artificial intelligence (AI), and emerging technologies with building automation systems (BAS). Currently, 90% of the BMS market in Vietnam is in the early stages of dig...

13 May 2015  |  Europe  |  Market Research

The European Building Automation Market

European Buildings' Directive Towards Near Zero Energy Buildings Sets the Pace of Market Adoption

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While the building automation (BA) market in Europe has been mature, it is starting to see a revived growth. This growth is mainly being driven by a strong focus on energy efficiency and by an overall performance of buildings. However, the building automation market is also going through a renaissance because of a wave of new technology developmen...

Guestroom automation in Indian hotels has gained momentum in recent years, mainly due to rising concerns regarding customer satisfaction, which is the motto of the hospitality industry. Although initial costs are high and hinder swift market growth, increasing awareness about the long-term benefits of hotel guestroom automation will eliminate barri...

05 May 2015  |  Europe  |  Market Research

European Home Automation Systems Market

Value-added Resellers to Drive Mass Commercialisation

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The home automation market has undergone major changes in the last couple of years with respect to technological innovation, competitive landscape, new business models, new distribution channels, and the introduction of smart products. With high growth projected across Europe in line with increased connectivity and convergence, Frost & Sullivan exp...

30 Jun 2020  |  North America  |  Market Research

Global Building Automation Systems (BAS) Market, Forecast to 2026

Smart and Cognitive Building Solutions to Embrace IoT Integration, Propelled the Transformation from Traditional to Advanced Systems, Unleashing Higher Productivity and Actionable Insights, Increasing Energy Efficiency, and Enabling New Business Models

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Key Issues Addressed

The world building automation systems (BAS) market is poised to grow at a moderate CAGR of 3.4% for the period 2019–2026. The key factors for growth are energy efficiency requisites, energy conservation and favourable government initiatives, rising energy prices, and strict building codes, aiding BAS systems adoption. Regulatory drivers will have a...