North America Intelligent Building Automation Technologies Market By Solution type (Hardware, Software and Services) By Product (Facility Management, Security Systems, Building Energy Management Systems and Life Safety Systems) By the Application (Commercial, Residential and Industrial) By Country, Industry Analysis and Forecast, 2019 - 2025
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The North America Intelligent Building Automation Technologies Market would witness market growth of 5.8% CAGR during the forecast period (2019-2025). Building automation has become such a dynamic and focused aspect of HVAC research that in the area of controls it is starting to become a separate specialty. BAS engineers are hybrids, part programmers, part engineers, part mechanics HVAC and are also programming logic controllers in computing airflow calculations. Since BAS/HAS systems are not limited to HVAC controls alone, mechanics are also dealing with lighting, security, and other components that are interconnected. BAS can be about maintenance as much as it can be about conservation. Once they reach the point where a human technician can detect them, a device with autonomous, smart controls will track them and self-diagnose issues. BAS systems may prompt changes in the filter, warn excessive system charging, or detect irregular transient temperature or humidity.
The United States and Canada are prominent countries that contribute to technological development in this region. For example, US organizations are investing heavily in smart building measures, such as building controls and integration of building systems, in order to leverage energy efficiency and energy storage and to construct smarter, safer, and more sustainable buildings. Also, the Government of Canada is taking initiatives to promote Canada's commitment to environmental and resource protection. This is being done through making federal buildings more power-efficient and minimizing greenhouse gas emissions. This would eventually boost the market growth of smart buildings.
Based on Solution type, the market is segmented into Hardware, Software and Services. Based on Product, the market is segmented into Facility Management, Security Systems, Building Energy Management Systems and Life Safety Systems. Based on the Application, the market is segmented into Commercial, Residential and Industrial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include United Technologies Corporation, Honeywell International, Inc., Schneider Electric SE, Siemens AG, Johnson Controls International Plc., Ingersoll-Rand Plc., ABB Group, Azbil Corporation, Eaton Corporation Plc., General Electric (GE) Co. and Hubbell, Inc.
Scope of the Intelligent Building Automation Technologies Market Analysis
By Solution Type
- Facility Management
- Security Systems
- Building Energy Management Systems
- Life Safety Systems
- Rest of North America
- United Technologies Corporation
- Honeywell International, Inc.
- Schneider Electric SE
- Siemens AG
- Johnson Controls International Plc.
- Ingersoll-Rand Plc.
- ABB Group
- Azbil Corporation
- Eaton Corporation Plc.
- General Electric (GE) Co.
- Hubbell, Inc.
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