Building Automation Systems Market, By System (Security & Surveillance, Heating, ventilation, and air conditioning (HVAC), Lighting Solutions, Building Energy Management, and Others), By Application (Commercial, Industrial, and Residential), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024

Code : CMI1350

Pages :130

Formats :

Excel and PDF

Industry : Smart Technologies

Market Concentration and Competitive Landscape

Building Automation Systems Market Concentration By Players

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Expansion of smart building concept

The smart building concept is gaining widespread acceptance with the integration of Internet of Things (IoT) based solutions in the built environment. A truly smart building is more than just automated - it is connected, data-driven and adaptive with a central nervous system that commands and coordinates all automation processes. With the explosion of IoT devices and networked infrastructures, the ability to aggregate and analyze building data in real-time has grown exponentially.

Advanced building systems now go beyond individual silos of lighting, HVAC, security to offer a unified platform that monitors and optimizes overall building performance, condition and user experience. Real-time insight into occupancy, maintenance needs and efficiency help improve operational efficacy, asset utilization, safety and occupant wellness. Integration of building systems with other facility systems aids in management of complex functions like parking.

Key Players Insights