1. Market Research
  2. > Construction
  3. > Building Products Market Trends

Global Building Automation Market

  • June 2014
  • Frost & Sullivan
Report ID: 2169138

Summary

Table of Contents

Energy Efficiency Initiatives and Technological Advancements Drive Market Adoption

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 legislative support in several countries. BRIC nations, the United States, and Germany will be prime growth spots due to stabilising economies and increased infrastructure spending. Meanwhile, Asia-Pacific and Africa are price-driven markets. Intelligent controls, intact integration of the building system, interoperability, and scalability of the system will play a major role in shaping the market.

Key Findings

-The global building automation (BA) market was estimated to be $ billion in 2013 having grown at% compared to 2012.
-The key application market in 2013 was retail buildings, while the largest region for revenue in 2013 was Europe.
-The market is expected to grow at a compound annual growth rate (CAGR) of % between 2013 and 2018 wherein BA for data centre applications will witness the most rapid growth.
-Customers’ price sensitivity is high in regions such as Africa, Asia-Pacific, and certain parts of Europe. A boost in the awareness level of BA benefits will drive market growth in these regions.
-Research and development (R&D) spend in the market is increasing and marketing spend is stable.
-Europe will retain the major share of market revenue throughout the forecast period.
-Internationally, the big companies constitute the Tier I in the competitive structure, accounting for % of the global BA market.
-A strong BA market for the retail sector and office applications will sustain these segments’ market share dominance throughout the forecast period.
-The key driving factors of the global BA market are energy efficiency attained from BA systems, regulations and legislations supporting energy efficiency in buildings, the comfort of buildings’ end users, technological advancements, and growth in commercial construction.
-Distributors and system integrators dominate the sales distribution channels globally. Direct sales from manufacturers is high in regions of high economic activity.
-The BA controller pricing is decreasing with the decrease in component costs, whereas BA software pricing is increasing with the increasing demand for additional features such as buildings’ green data analytics.
-Competitive pricing, providing end-to-end solutions on-site, and a focus on branding in the market are few of the key success factors for companies in the global BA market.
-Tier II companies who are global participants are gaining market shares faster and offer niche, customised solutions for small- and medium-sized projects.
-Demand for BACNet-based BA devices and systems is growing quickly and BACNet is emerging as the globally dominant protocol for BA.
-Macroeconomic imbalance, political conditions, low levels of customer awareness, and a lack of product standardisation restrain the growth of the market and remain the key challenges to overcome.

Market Definitions

-The building automation (BA) market is defined by the manufacturer revenue earned from the sale of automation controllers and associated automation and supervisory software. Channel revenue is excluded from the scope of the study.
-Automation controllers are either application-specific with limited capabilities or general purpose in functionality with capabilities beyond automation such as interfacing, data collection and monitoring, and communication. Associated software is the configuration software for the controllers and the supervisory software installed in a work station (computer).
-Field-level devices such as sensors, actuators, switchboxes, the cabling needed for the system, and computers are excluded from the scope of the study.
-Revenue is calculated from the end regional demand for automation controllers and associated software and not based on the region where these hardware and software are manufactured.
-Revenue does not include margins set by channel partners, such as distributors and system integrators, and value-added services.
-The price of controllers and software are forecasted based on the average selling price (ASP) in the market.
-The regions covered in this study are:
oNorth America (United States and Canada)
oEurope (Western Europe, Central and Eastern Europe, Commonwealth of Independent States)
oAsia-Pacific (Asia, Australia, and New Zealand)
oAfrica
oThe Middle East
oLatin America (including Mexico)
-Application markets considered in the above regions are buildings in the following sectors:
oData centres
oEducational buildings (schools and universities)
oHospitality and leisure (hotels, resorts, casinos, and sport facilities)
oHealthcare buildings (hospitals and laboratories)
oIndustrial buildings (manufacturing plants and warehouses)
oOffice buildings
oPublic buildings (museums, worship places, prisons)
oRetail buildings (shops and shopping malls)

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers
Commercial Flooring: North American Markets

Commercial Flooring: North American Markets

  • $ 6650
  • Industry report
  • January 2017
  • by BCC Research

Use this report to: - Provide a broad understanding of the flooring market to business planners, investors and other professionals with quantifiable market measurements, as well as the markets for adjacent ...

Industrial Boilers: Technologies and Developing Markets

Industrial Boilers: Technologies and Developing Markets

  • $ 6650
  • Industry report
  • February 2017
  • by BCC Research

Use this report to: - Learn about recent historic boiler markets and emerging trends that weigh on market valuations and futures. - Evaluate the existing boiler industry, focusing on boiler manufacturers ...

Global Flooring Market By Product, Market and Region, 8th Edition

Global Flooring Market By Product, Market and Region, 8th Edition

  • $ 6500
  • Industry report
  • January 2017
  • by Freedonia

Through 2020, growth in global demand for floor coverings is forecast to decelerate from the rate of the 2010-2015 period as building construction activity in the US and China slows. However, rising personal ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.