Market Forecast By Products (Security & Access Control System, Fire Protection System, Light Control System, HVAC Control System, Building Energy Management Services), By Control Technologies (Wired and Wireless), By Applications (Residential Building, Industrial Building and Commercial Building), By Countries (US, Canada and Rest of North America) and Competitive Landscape
Product Code: ETC000752 | Publication Date: Jul 2024 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Building Automation Market |
Forecast period | 2025-2031 |
CAGR | 8.2% |
Growing Sector | Construction |
The North America Building Automation Market report thoroughly covers the market by Products, Control Technologies, Applications, and Countries. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers that would assist stakeholders in devising and aligning their market strategies according to the current and future market dynamics.
The North America Building Automation Market is predicted to witness substantial growth in the forecast period. The growing construction industry is driving the demand for building automation system market owing to the adoption of advanced security systems
According to 6Wresearch, the North America Building Automation Market is projected to grow at a CAGR of 8.2% during the forecast period. The growth of the North America Building Automation Market can be attributed to several factors, including the increasing demand for energy-efficient and sustainable buildings, growing construction industry and rising adoption of smart building technologies. The growing construction industry is driving the demand for building automation system market owing to the adoption of advanced security systems, the need for energy and cost efficiency and the increasing installation of IoT. Additionally, the advancements in control technologies such as wireless systems and the integration of Internet of Things (IoT) in building automation are also expected to drive market growth.
Despite the positive growth prospects, the North America Building Automation Market faces a few challenges that could hinder its growth in the forecast period. One of the major challenges is the high initial cost associated with implementing building automation systems, which may deter small and medium-sized enterprises from adopting them. The lack of skilled professionals and technical expertise to manage these systems is also a significant challenge for market players.
Key players in the market include Johnson Controls Inc., Honeywell International Inc., Siemens AG, Schneider Electric SE, and others. These companies are focusing on strategies like collaborations, mergers & acquisitions, and technological advancements to strengthen their footprints in the market. Currently, Johnson Controls Inc. holds the dominant share in the market.
The North America Building Automation Market is significantly impacted by government regulations and policies. Various initiatives, such as the Energy Policy Act of 2005 in the US and Canada's National Energy Code for Buildings, promote energy-efficient buildings and encourage the adoption of building automation systems. Additionally, the implementation of green building codes and standards in both countries is also expected to drive market growth.
The North America Building Automation Market is projected to witness continued growth in the forecast period, driven by factors like increasing investments in smart city projects, growing construction industry, rising demand for sustainable buildings, and advancements in control technologies. The market is also expected to benefit from the growing trend of smart homes and buildings, as well as the increasing focus on energy conservation and efficiency. Additionally,the rising adoption of Internet of Things will also drive the growth of the market.
According to Dhaval, Research Manager, 6Wresearch, Security & Access Control Systems hold a significant market share due to their crucial role in ensuring the safety of occupants in a building.
Among the control technologies, wired control systems are predicted to have a dominant share in the market due to their reliability and widespread use.
The Commercial Building sector is expected to hold the dominant share given its extensive use of building automation for energy management and security.
The United States holds the largest share in this market due to its robust construction sector and significant investments in smart building technology.
The market research offers a comprehensive analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Building Automation Market Overview |
3.1 North America Building Automation Market Revenues, 2021-2031F |
3.2 North America Building Automation Market Revenue Share, By Product, By Types, 2021 & 2031F |
3.3 North America Building Automation Market Revenue Share, By Control Technology, 2021 & 2031F |
3.4 North America Building Automation Market Revenue Share, By Applications, 2021 & 2031F |
3.5 North America Building Automation Market Revenue Share, By Countries, 2021 & 2031F |
3.6 North America Building Automation Market Industry Life Cycle |
3.7 North America Building Automation Market- Porter’s Five Forces |
4 North America Building Automation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Building Automation Market Trends |
6 North America Building Automation Market Overview, By-Products |
6.1 North America Security & Access Control System Building Automation Market Revenues, By Types, 2021-2031F |
6.2 North America Light Control System Building Automation Market Revenues, By Types, 2021-2031F |
6.3 North America HVAC Control System Building Automation Market Revenues, By Types, 2021-2031F |
6.4 North America Building Energy Management Services Building Automation Market Revenues, By Types, 2021-2031F |
6.5 North America Fire Protection System Building Automation Market Revenues, By Types, 2021-2031F |
7 North America Building Automation Market Overview, By Control Technology |
7.1 North America Wired Building Automation Market Revenues, 2021-2031F |
7.2 North America Wireless Building Automation Market Revenues, 2021-2031F |
8 North America Building Automation Market Overview, By Applications |
8.1 North America Residential Building Automation Market Revenues, 2021-2031F |
8.2 North America Industrial Building Automation Market Revenues, 2021-2031F |
8.3 North America Commercial Building Automation Market Revenues, 2021-2031F |
9 US Building Automation Market Overview |
9.1 US Building Automation Market Revenues, 2021-2031F |
9.2 US Building Automation Market Revenue Share, By Product, By Types, 2021 & 2031F |
9.3 US Building Automation Market Revenue Share, By Control Technology, 2021 & 2031F |
9.4 US Building Automation Market Revenue Share, By Application, 2021 & 2031F |
10 Canada Building Automation Market Overview |
10.1 Canada Building Automation Market Revenues, 2021-2031F |
10.2 Canada Building Automation Market Revenue Share, By Product, By Types, 2021 & 2031F |
10.3 Canada Building Automation Market Revenue Share, By Control Technology, 2021 & 2031F |
10.4 Canada Building Automation Market Revenue Share, By Application, 2021 & 2031F |
11 Rest of North America Building Automation Market Overview |
11.1 Rest of North America Building Automation Market Revenues, 2021-2031F |
12 North America Building Automation Market Opportunity Assessment |
12.1 North America Building Automation Market Opportunity Assessment, 2021-2031F |
12.2 North America Building Automation Market Opportunity Assessment, By Product, 2021-2031F |
12.3 North America Building Automation Market Opportunity Assessment, By Control Technology, 2021-2031F |
12.4 North America Building Automation Market Opportunity Assessment, By Applications, 2021-2031F |
12.5 North America Building Automation Market Opportunity Assessment, By Countries, 2021-2031F |
13 North America Building Automation Market Competitive Landscape |
13.1 North America Building Automation Market Revenue Share, By Companies, 2024 |
13.1.1 US Building Automation Market Revenue Share, By Companies, 2024 |
13.1.2 Canada Building Automation Market Revenue Share, By Companies, 2024 |
13.2 North America Building Automation Market Competitive Benchmarking, By Operating Parameters |
14 Company Profiles |
15 Strategic Recommendations |
16 Disclaimer |
Market Forecast By Products (Security & Access Control System, By Types, Fire Protection System, By Types, Light Control System, By Types, HVAC Control System, By Types and Building Energy Management Services, By Types, By Control Technologies (Wired and Wireless), By Applications (Residential Building, Industrial Building and Commercial Building), By Countries (US, Canada and Rest of North America) and Competitive Landscape
Product Code: ETC000752 | Publication Date: Aug 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Building Automation System (BAS) is designed to control and monitor lights, fire alarms, air conditioning, heating, security, and other solutions. The growing construction industry is driving the demand for building automation system market owing to the adoption of advanced security systems, the need for energy and cost efficiency and the increasing installation of IoT. However, the cost involved in the installation, operation and maintaining the building automation system is high due, which can impact the overall growth of the market.
According to 6Wresearch, North America Building Automation Market size is projected to witness growth in the forecast period 2019-25. In the North America Building Automation market, the US is currently dominating the building automation market due to the rapid deployment of building automation systems (BAS) in the under-construction buildings. Also, initiatives have been taken to use wireless technologies to install these systems in the existing buildings.
In terms of product, the Security & access control system is dominating the market owing to the increase in security threats and imposing strict regulations and policies by the government bodies. Further, by control technology, wireless technology is witnessing the significant growth among wired and wireless technologies due to its less complexity and convenience to the end-user.
The North America Building Automation Market report thoroughly covers the market by product, control technology, application and countries including US, Canada, and the Rest of North America. The North America Building Automation Market outlook report provides an unbiased and detailed analysis of the on-going North America Building Automation Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Building Automation Market having large office buildings, shopping complexes, public transport areas, such as railway stations, airports, growth take place of the Building Automation Market step by step at the commercial applications. In commercial applications, there are major products such as security, HVAC, lighting, and access control systems. North America Building Automation Market is expected to grow rapidly. The key factor rising in the automated security system having a different way of such as building a security system, wireless sensor network BAS technology-based, rapid penetration of IoT in the building. The report is based on the different aspects such as describe, define forecast based on building automation market, as well as the market size, is based on the communication protocol, region, offering and multiply application used in the building automation market. The deployment of building automation system is growing fast such as office building, large shopping complexes and public transport such as railway stations, drives the growth of BAS.
Key Highlights of the Report:
• North America Building Automation Market Overview
• North America Building Automation Market Outlook
• North America Building Automation Market Forecast
• Historical Data of North America Building Automation Market Revenues for the Period 2015-2018
• North America Building Automation Market Size and North America Building Automation Market
Forecast of Revenues, Until 2025
• Historical Data of North America Building Automation Market Revenues, by Product, for the Period 2015-2018
• Market Size & Forecast of North America Building Automation Market Revenues, by Product, until 2025
• Historical Data of North America Building Automation Market Revenues, by Control Technology, for the
Period 2015-2018
• Market Size & Forecast of North America Building Automation Market Revenues, by Control Technology, until 2025
• Historical Data of North America Building Automation Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of North America Building Automation Market Revenues, By Applications, until 2025
• Historical Data of US Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of US Building Automation Market Revenues, until 2025.
• Historical Data of Canada Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Canada Building Automation Market Revenues, until 2025.
• Historical Data of Rest of North America Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Rest of North America Building Automation Market Revenues, until 2025.
• Market Drivers and Restraints
• North America Building Automation Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America Building Automation Market Share, By Players
• North America Building Automation Market Share, By Regions
• North America Building Automation Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations
Markets Covered
The North America Building Automation Market report provides a detailed analysis of the following market segments:
• By-Products:
o Security & Access Control System, By Types
o Fire Protection System, By Types
o Light Control System, By Types
o HVAC Control System, By Types
o Building Energy Management Services, By Types
• By Control Technologies:
o Wired
o Wireless
• By Applications:
o Residential Building
o Industrial Building
o Commercial Building
• By Countries:
o US
o Canada
o Rest of North America
• Other Key Related Reports Include:
• Global Building Automation Market Report
• Europe Building Automation Market Report
• Asia Pacific Building Automation Market Report
• Middle East & Africa Building Automation Market Report
upcoming Market Report
• US Building Automation Market Report
• Canada Building Automation Market Report
• Mexico Building Automation Market Report
• Brazil Building Automation Market Report
• Latin America Building Automation Market Report