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The report "Building Automation System Market by Product Type (Hardware, Software, and Services), by System Type (Security & Surveillance, HVAC, Lighting Solutions, and BEMS), by Offerings (Facility Management Systems, Security & Access Controls, Fire Protection Systems, BEM Software, and BAS Services), by Communication Technology (Wired Technology and Wireless Technology), by Application (Commercial, Residential, and Industrial) - Global Forecast to 2030", The global building automation systems market is anticipated to grow at a 12.7% CAGR during the forecast period. Building automation systems, also called building automation and control systems (BACS), are automated systems that connect and integrate various facility technologies, such as HVAC, lighting, surveillance, security, etc., through information flow to a monitoring point. The main function of building automation systems is to monitor system performance and device failures across all systems, manage building climate based on an occupancy schedule, and provide malfunction alarms. The rising global concerns about energy conservation and rising focus on overcoming energy costs will drive the market demand for building automation systems so as to make building more energy efficient. Furthermore, the mounting demand for deployment in commercial applications so as to reduce the operating cost of the building along with maintaining temperature and lighting levels and improving security will accelerate the market development of the building automation systems industry. Nevertheless, the emergence of smart cities and the advent of IIoT will accelerate the market growth for the building automation systems industry.

The building information modeling (BIM) market refers to the industry involved in the adoption, implementation, and utilization of BIM technologies and solutions in the architecture, engineering, and construction (AEC) industry. BIM is a digital representation of the physical and functional characteristics of a building or infrastructure, which enables the creation, management, and sharing of information throughout the project lifecycle.

Here are key aspects of the building information modeling market:

BIM Software: BIM software applications provide the tools and functionalities for creating and managing the digital models of buildings and infrastructure projects. These software solutions include 3D modeling, collaboration, simulation, analysis, documentation, and visualization features.

BIM Processes: BIM involves collaborative processes that facilitate the exchange and integration of information between different stakeholders involved in a construction project. BIM processes enable efficient coordination, clash detection, cost estimation, scheduling, and improved decision-making throughout the project lifecycle.

3D Modeling and Visualization: BIM enables the creation of detailed and accurate 3D models of buildings and infrastructure. These models provide a visual representation of the project, allowing stakeholders to better understand the design, detect conflicts, and make informed decisions.

Clash Detection and Coordination: BIM software allows for clash detection, identifying conflicts or clashes between different building systems or components, such as structural elements and building services. Clash detection helps prevent design errors, reduces rework, and improves project coordination.

Data Management and Collaboration: BIM enables the centralized management of project data, including design documents, specifications, schedules, and cost information. Collaboration features allow multiple stakeholders, such as architects, engineers, contractors, and owners, to work together and share information seamlessly.

Simulation and Analysis: BIM software offers simulation and analysis capabilities for various aspects of a construction project, including structural analysis, energy performance analysis, lighting analysis, and construction sequencing. These tools help optimize designs, improve energy efficiency, and identify potential issues before construction begins.

Facility Management: BIM models can be used beyond the construction phase to support facility management activities. The digital models can be integrated with facility management software, allowing owners and operators to access information about the building's components, maintenance schedules, and asset management.

In June 2022, a new version of Metasys, the company's market-leading Building Automation System (BAS), which serves as the cornerstone for completely optimized building management, has been released by Johnson Controls, the world leader for smart, healthy, and sustainable buildings. For optimal operator efficiency, HVAC and non-HVAC systems are integrated into one platform by Metasys' intuitive design. The Metasys 12.0 release is intended to maintain the most recent networking and IT security requirements, enable quick field troubleshooting, and cut down on installation time and expense. Additionally, it offers older Metasys software users a sizable opportunity to upgrade their systems.

The COVID-19 outbreak has led to a halt in the construction and real estate sectors, leading to a negative impact on automated systems. However, post-COVID-19 crisis, the market demand for building automation systems has increased.

Browse 63 market data Tables and 40 Figures spread through 200 Pages and in-depth TOC on " Building Automation System Market by Product Type (Hardware, Software, and Services), by System Type (Security & Surveillance, HVAC, Lighting Solutions, and BEMS), by Offerings (Facility Management Systems, Security & Access Controls, Fire Protection Systems, BEM Software, and BAS Services), by Communication Technology (Wired Technology and Wireless Technology), by Application (Commercial, Residential, and Industrial), and Region - Global Forecast to 2030"

By application, the residential segment is anticipated to have a high CAGR during the forecast period.

Based on application, the global building automation system market is segregated into commercial, residential, and industrial. The residential application is anticipated to have a high CAGR during the forecast period owing to increased adoption of these solutions in residential areas, mounting use of smartphone applications to control BAS, rising need of consumers to simplify the process of controlling building appliances, and connectivity safety. Moreover, the increased prominence of BAS for security purposes and awareness about energy consumption will augment the market growth of building automation systems in the residential sector.

Global Building Information Modeling Market Segmentation Analysis

Segment	Categorization	Leading Category
Offering Type	Software (Architectural Design, Sustainability, Structures, MEP, Construction, and Facility Management) and Services (Software Support and Maintenance and Project Management and Support)	Software (Largest) Services (Highest)
Deployment Type	On-Premise and Cloud	On-Premise (Largest) Cloud (Highest)
Project Lifecycle	Preconstruction, Construction, and Operation	Preconstruction (Significant Growth)
Application	Building, Industrial, Civil Infrastructure, Oil & Gas, Utilities, and Others	Building (Largest)
End User	AEC Professionals, Consultants & Facility Managers, and Others	AEC Professionals (Largest)
Region	North America, Europe, Asia-Pacific, and the Rest of the World	North America (Largest) Asia-Pacific (Fastest)

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“Asia-Pacific is anticipated to have the highest CAGR in the Building Automation System Market during the forecast period.”

Asia-Pacific is anticipated to have a high CAGR during the forecast period owing to strict regulations regarding energy efficiency, several initiatives taken by countries like China and India for economic growth, and mounting development in construction and industrial activities that will drive market growth in the building automation system industry in the region.

Some of the major players in the global Building Automation System industry include Johnson Controls, Honeywell International Inc., ABB, Siemens, Emerson Electric Co., Schneider Electric, Carrier, Mitsubishi Electric Corporation, Bosch Sicherheitssysteme GmbH, and Legrand.

Scope of the Report

Report Metric	Details
Market Size Available for the Years in the Study	2018–2030
Historical Period	2018–2022
Base Year	2022
Forecast Period	2022–2030
Segments Covered in the Study	Offering Type, Deployment Type, Project Lifecycle, Application, End User, and Region
Geographies Covered in the Study	North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)
Companies Covered in the Study	Autodesk Inc., Nemetschek, Graphisoft, Asite, BENTLEY SYSTEMS, INCORPORATED, Dassault Systèmes, Hexagon AB, Trimble Inc., PENTAGON SOLUTIONS LTD, and AVEVA Group plc

Global Building Automation System Market Coverage

Product Type Insight and Forecast 2018-2030

• Hardware
• Software
• Services

System Type Insight and Forecast 2018-2030

• Security & Surveillance
• HVAC
• Lighting Solutions
• BEMS (Building Energy Management)

Offerings Insight and Forecast 2018-2030

• Facility Management Systems
• Security & Access Controls
• Fire Protection Systems
• BEM Software
• BAS Services

Communication Technology Insight and Forecast 2018-2030

• Wired Technology
• Wireless Technology

Application Insight and Forecast 2018-2030

• Commercial
• Residential
• Industrial

Geographical Segmentation

Building Automation System Market by Region

North America

• By Product Type
• By System Type
• By Offerings
• By Communication Technology
• By Application
• By Country – U.S., Canada, and Mexico

Europe

• By Product Type
• By System Type
• By Offerings
• By Communication Technology
• By Application
• By Country – Germany, U.K., France, Italy, Spain, Russia, and the Rest of Europe

Asia-Pacific (APAC)

• By Product Type
• By System Type
• By Offerings
• By Communication Technology
• By Application
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Product Type
• By System Type
• By Offerings
• By Communication Technology
• By Application
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries