The goal of building energy management is to provide a centralised platform for controlling a facility's energy consumption. It assists in reducing energy waste and facilitating energy efficiency. The temperature, room occupancy, security, and lighting systems are all controlled by the system using sensors. This helps to lower energy waste and save money on power costs. Building energy management is now a crucial component of building automation, which is what is anticipated to fuel the market for building automation systems worldwide.
Global Building Automation Systems Market was valued at US$ 78.92 Mn in 2021 and is expected to reach US$ 225.12 Mn by 2030, growing at a CAGR of 12.5% between 2022 and 2030.
1. Johnson Controls Inc.
Johnson Controls International plc was incorporated in 1885 and is headquartered in Cork, Ireland. Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems
2. Honeywell International Inc.
Honeywell International Inc. was founded in 1885 operates as a diversified technology and manufacturing company worldwide. The company is headquartered in Charlotte, North Carolina. Honeywell announced in the month of December, 2022 it alliance with Nexceris, developer of Li-ion Tamer® lithium-ion gas detection solutions, to help make electric vehicles (EVs) safer.
3. Schneider Electric
Schneider Electric provides energy and automation digital solution worldwide since 1836. The company is headquartered in Rueil-Malmaison, France.
4. General Electric Company
General Electric Company operates as a high-tech industrial company. General Electric Company was incorporated in 1892 and is headquartered in Boston, Massachusetts. In December, 2022 GE Gas Power and MYTILINEOS, announced they have secured an order from the electricity Supply Board of Ireland for the construction of new gas fired power plant in Dublin.
5. Cisco Systems Inc.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.
6. Legrand SA
Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. Legrand SA was founded in 1865 and is headquartered in Limoges, France. In September, 2022 Group Legrand India, a global leader in electrical and digital building infrastructure, launched its third telemedicine health centre in collaboration with Apollo Telemedicine Networking Foundation in India.
7. Siemens AG
Werner von Siemens laid the foundation for today’s Siemens AG in 1847 with his design for the pointer telegraph. It has headquarters situated in Munich
Germany. In January, 2023 Siemens and Skyway collaborate to develop infrastructure to pave way for Vertiports.
8. Ingersoll-Rand plc.
Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle and medical technologies. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina.
9. Lennox International Inc.
Lennox International Inc., together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets. Lennox International Inc. was founded in 1895 and is headquartered in Richardson, Texas.
10. Rheem Manufacturing Company.
Founded in 1925, Rheem Manufacturing is the global leader in the manufacture of high-quality, sustainable, and innovative water heaters, tankless water heaters, air conditioners, furnaces, pool heaters, and HVAC systems for residential and commercial applications. The company has headquarters situated in Atlanta, GA.
*Definition - Building automation systems (BAS) are intelligent systems that connect HVAC, lighting, security, venting, and other systems to communicate on a single platform. They are composed of both software and hardware.
