Building Automation Systems Market Analysis

The market is segmented by offering into facility management systems, security and access controls, and fire protection systems, out of which, the security and access controls segment is anticipated to hold the largest share in the global building automation systems market. This can be accounted to their ability to increase security level, monitor activities and movements of people, and keep a record of people entering and exiting buildings. Apart from these, these systems have revolutionized building security by completely eliminating human intervention, which is another factor predicted to boost market segment growth in the future. Additionally, on the basis of application, the industrial segment is assessed to observe the highest growth during the forecast period, which can be ascribed to the growing adoption of smart building solutions for achieving energy and cost savings, and optimizing surveillance activities.

Our in-depth analysis of the market includes the following segments: