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Retrofitting of existing buildings contributes a major share in the European building automation systems (BAS) market. The BAS market discussed is segmented into office buildings, educational buildings, hospitals, wholesale and retail trade buildings, industrial buildings, and other building. The convergence of information communication and technol...

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...

The European lighting control systems market is poised for a period of strong growth. Driven by energy efficiency needs, LED lighting penetration, and the on-going emergence of smart buildings, Frost & Sullivan expects the next 5 years to witness intensified competition. This will be accompanied by a period of technology convergence that will also ...

Driven by technological advancements, cost reductions, and stringent EU regulations for improving energy efficiency in buildings, the HEMS and BEMS markets are collectively expected to cross $2 billion in revenue by 2018. Growing demand for an integrated solution for communication between sub systems or machine-to-machine interaction has made the m...