Latest news with #buildingautomation
Yahoo
7 days ago
- Business
- Yahoo
Building Automation System Market Set to Double by 2030 Amid Rising IoT Integration
The global building automation system market is on track to surge from USD 101.74 billion in 2025 to a projected USD 191.13 billion by 2030, registering a CAGR of 13.4%. Key growth drivers include the integration of IoT technologies, data analytics, and the rising demand for advanced surveillance and biometric systems. Notably, occupancy sensors in lighting controls are pivotal, offering energy efficiency by optimizing lighting based on human presence. The commercial sector will play a substantial role, driven by energy cost pressures and sustainability goals. India's rapid urbanization supports significant growth, while key players like Honeywell, Carrier, and Siemens lead the market. Global Building Automation System Market Dublin, Aug. 04, 2025 (GLOBE NEWSWIRE) -- The "Building Automation System Market by Facility Management Systems, Security & Access Control, Fire Protection Systems, Building Energy Management Software, Building Automation System Services, Residential, Industrial, Commercial - Global Forecast to 2030" has been added to global building automation system market, valued at USD 101.74 billion in 2025, is projected to reach USD 191.13 billion by 2030, growing at a CAGR of 13.4% during the forecast period. Demand is driven by advanced surveillance, biometric technologies, and integration of IoT and data analytics within building automation systems. Occupancy Sensors Segment is expected to hold a significant market share in lighting controls. Rising energy costs and environmental concerns propel building managers to adopt energy-efficient solutions like occupancy sensors that reduce unnecessary lighting by detecting human presence. The growing focus on smart buildings enhances demand as these sensors integrate with HVAC and security systems for performance optimization. Retrofitting existing buildings for energy efficiency further boosts installations. Commercial Applications for Lighting Controls are witnessing robust growth in the building automation system market. Escalating energy costs drive businesses to implement lighting controls to manage consumption and operational costs. Adaptive lighting that adjusts to occupancy and daylight enhances occupant comfort, productivity, and aligns with corporate sustainability goals, making these applications integral to modern commercial building automation systems. India's Rapid Growth in the building automation system market is notable, anticipated to register the highest CAGR in the Asia Pacific region during the forecast period. Urbanization, coupled with increasing energy demands and a focus on operational efficiency, propels growth. Government initiatives on smart cities and infrastructure modernization support the adoption of automated systems for enhanced energy management. Expanding commercial real estate sectors like offices, malls, and hospitality in India also drive demand for advanced systems to optimize lighting, HVAC, and security operations. Comprehensive primary interviews with key industry experts help verify market size and trends. Participants span component suppliers, Tier 1 companies, and OEMs, with geographical input from North America, Asia Pacific, Europe, and Rest of the World (RoW). The building automation system market includes leaders like Kapsch Honeywell International Inc., Carrier, Siemens, Johnson Controls, and Schneider Electric. The competition analysis examines these companies' strategies, recent developments, and market positions. Research Coverage: The report segments the building automation system market by application (residential, commercial, industrial), offering (Facility Management Systems, Security & Access Control, Fire Protection Systems, Building Energy Management Software, BAS Services, and Other Offerings), and connectivity (Wired and Wireless Technologies). It assesses market drivers, restraints, opportunities, and challenges, offering a global perspective with detailed regional analysis and supply chain insights. Key Benefits of the Report: Comprehensive analysis of market drivers like energy-efficient construction, IoT integration, and biometric technologies. Insights into technical complexities, skills shortages, and standard communication protocols. Identifies opportunities from government smart city investments and renewable energy integration. Detailed insights into technological advancements and new product innovations. Market analysis covers regional opportunities, diversification, and competitive assessments of major players including Honeywell International Inc., Carrier, Siemens, Johnson Controls, and Schneider Electric. Key Attributes: Report Attribute Details No. of Pages 273 Forecast Period 2025 - 2030 Estimated Market Value in 2025 101.74 billion Forecasted Market Value by 2030 191.13 billion Compound Annual Growth Rate 13.4% Regions Covered Global Key Topics Covered: Market Dynamics Drivers High Emphasis on Constructing Energy-Efficient Buildings Incorporation of Advanced Surveillance and Biometric Technologies into Building Automation Systems Integration of IoT Technologies and Data Analytics into Building Automation Systems Development of Wireless Protocols and Wireless Sensor Network Technology for Building Automation Systems Growing Need to Enhance Occupant Comfort, Productivity, Security, and Safety in Residential, Commercial, and Industrial Sectors Challenges Lack of Standardized Communication Protocols Need to Keep Systems Up-To-Date with Rapid Technological Advancements Case Studies Ivy League University Partnered with Buildings IoT to Install Legacy Building Systems Santa Clara-Based Software Company Partnered with Buildings IoT to Increase Operational Efficiency Hippodrome Paris-Longchamp Utilized Loytec's Ldali-Me204-U Dali Controllers to Streamline Lighting Control and Enhance Efficiency Industry Trends Discussion on the industry's trends and disruptions impacting customer businesses Adoption of AI-driven analytics Deployment of digital twin technology in building automation Increased application of IP-based building automation systems Complementary technologies such as cloud-based fire protection systems Opportunities Increasing Investments by Governments and Various Stakeholders in Establishment of Smart Cities Government-Led Initiatives to Enhance Energy Efficiency and Comply with Green Building Standards Integration of Building Automation Systems with Renewable Energy Sources Company Profiles Johnson Controls Schneider Electric Honeywell International Inc. Siemens Carrier Robert Bosch GmbH Legrand Hubbell ABB Trane Technologies plc Lutron Electronics Co., Inc. Crestron Electronics, Inc. Hitachi, Ltd. Delta Intelligent Building Technologies (Canada) Inc. Beckhoff Automation Lennox International Inc. HLI Solutions, Inc. Acuity Inc. Dialight Cisco Systems, Inc. Rockwell Automation Snap One, LLC Signify Holding Emerson Electric Co. Leviton Manufacturing Co., Inc. Mitsubishi Electric Corporation Huawei Technologies Co., Ltd. Beijer Electronics Bajaj Electricals India For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Global Building Automation System Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
01-08-2025
- Business
- Yahoo
Automated Logic Completes Acquisition of Control Solutions, Ltd. Establishing First Field Office in British Columbia
KENNESAW, Ga., Aug. 1, 2025 /CNW/ -- Automated Logic – Canada, Ltd. (ALC), a leading provider of innovative building-management solutions and a part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that it has acquired Control Solutions, Ltd. (CSL), an independent provider of integrated building-automation systems headquartered in Coquitlam, British Columbia. The transaction establishes ALC's first company-owned controls field office in Vancouver, significantly expanding its intelligent building-automation footprint in Western Canada. "This acquisition represents a strategic step in strengthening Automated Logic's presence in Canada and expanding our ability to deliver integrated, intelligent building solutions in high-growth sectors across British Columbia," said Andy Bierer, Managing Director, ALC Field. Control Solutions, Ltd. designs, installs and services building automation systems for complex facilities across commercial real estate, education, data centers, residential and large mixed-use developments. The company's 100-plus employees deliver advanced building automation and control solutions, retrofit upgrades and multi-year service contracts that help customers optimize energy performance and operational resilience. "Joining Automated Logic is an exciting new chapter for our team," said Chad Thomas, President, Control Solutions, Ltd. and Eddie McCool, CEO, Control Solutions, Ltd. "ALC's leadership in intelligent building technologies and our shared commitment to innovation and quality will allow us to deliver even greater value to our customers throughout British Columbia and beyond." CSL's existing leadership and employees will remain in place, continuing to serve customers from their Coquitlam office and project sites across the province. Terms of the transaction were not disclosed. For more information, visit or follow Automated Logic on LinkedIn. About Automated Logic Corporation Automated Logic Corporation provides innovative building-management solutions that maximize energy efficiency and sustainable building operation while ensuring comfort. Its intuitive products control and monitor building functions such as heating, air conditioning and lighting for commercial office, education, health care, government and data center markets through a global network of independent dealers and field offices. Automated Logic is a part of Carrier Global Corporation, global leader in intelligent climate and energy solutions. For more information, visit or follow Automated Logic on LinkedIn. Contact: Andrew Brooks View original content to download multimedia: SOURCE Automated Logic Corporation View original content to download multimedia:
Entrepreneur
24-07-2025
- Business
- Entrepreneur
Enlite Raises INR 46 Cr from Avaana Capital to Expand Globally
With the fresh funds, Enlite aims to expand into global markets, enhance its Indian presence, boost edge AI and telemetry, and scale teams to support growth across commercial, public, and government infrastructure sectors. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Enlite, a building automation startup, has secured INR 46 crore in a Series A funding round led by Avaana Capital, with participation from Claypond Capital. The funds will be used to fuel its expansion into the Middle East and Southeast Asia while strengthening its operations in India. The startup plans to invest in edge artificial intelligence, telemetry systems, and market outreach across sectors such as real estate, pharmaceuticals, smart airports, hospitality, and public infrastructure. Founded by Gaurav Bali and Garima Bharadwaj in November 2017, Enlite spent over four years developing a full-stack solution for building intelligence. The company launched commercially in 2022 and has since deployed its technology across more than 25 million square feet of infrastructure, including commercial buildings, hospitals, and luxury hotels. "We bootstrapped Enlite for seven years with one belief that India can build a global solution in building automation. This fundraise is not just capital infusion; it is a turning point to scale faster and deepen our technology," said Gaurav Bali, Co-founder and Chief Executive Officer of Enlite. Enlite offers a plug-and-play platform that replaces conventional wired building management systems with wireless, cloud-native automation. Its solution integrates custom-designed hardware, telemetry engines, and decision-making software to enable infrastructure that adapts in real time. The system is designed to reduce energy consumption, improve user experience, and avoid dependence on specific vendors. "The first building control systems were created more than four decades ago. Not much has changed since then. We have rebuilt the entire stack to make buildings intelligent and responsive by design," said Garima Bharadwaj, Co-founder and Chief Technology Officer of Enlite. Enlite claims that it is already working with major clients such as Prestige Group, Fairmont Mumbai, and India's leading REITs. It is also piloting large language model integration on hardware and holds three global patents. The brand is actively involved in several government infrastructure projects, competing alongside global legacy players. Swapna Gupta, Partner at Avaana Capital, said, "Enlite is applying deeptech to transform how infrastructure is designed and operated. The team's purpose-built hardware and native interoperability could set new global benchmarks in autonomy and sustainability."
Yahoo
20-06-2025
- Business
- Yahoo
Building Automation System Market worth $191.13 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 20, 2025 /PRNewswire/ -- The building automation system market was valued at USD 101.74 billion in 2025 and is projected to reach USD 191.13 billion by 2030, and it is expected to register a CAGR of 13.4% during the forecast period according to a new report by MarketsandMarkets™. The most significant factor driving the growth of the building automation system (BAS) market is the rising demand for energy-efficient solutions in commercial and residential buildings. BAS technologies help reduce energy consumption by intelligently controlling HVAC, lighting, and other critical systems. BAS also supports compliance with stringent green building codes and sustainability goals that governments and regulatory bodies set. Moreover, the growing adoption of IoT and smart sensors enables real-time monitoring and predictive maintenance, which enhances operational efficiency and reduces downtime. Download PDF Brochure: Browse in-depth TOC on "Building Automation System Market" 150 – Tables60 – Figures220 – Pages Building Automation System Market Report Scope: Report Coverage Details Market Revenue in 2025 $ 101.74 billion Estimated Value by 2030 $ 191.13 billion Growth Rate Poised to grow at a CAGR of 13.4% Market Size Available for 2021–2030 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By connectivity, offering, application, and region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Lack of standardized communication protocols Key Market Opportunities Government-led initiatives to enhance energy efficiency and comply with green building standards Key Market Drivers Integration of IoT technologies and data analytics into building automation systems By facility management system type, the lighting controls segment is projected to grow at a higher CAGR during the forecast period. During the forecast period, the lighting controls segment is projected to grow at a higher CAGR of the building automation system market. The growing emphasis on energy efficiency and sustainability drives growth. As buildings account for a significant share of global energy consumption, there is a rising demand for smart lighting systems that reduce energy usage through automation, occupancy sensing, and daylight harvesting. In addition, the expanding commercial real estate sector and the wave of smart building projects fuel the deployment of advanced lighting control infrastructure. By Application, the commercial segment is likely to account for the largest market share during the forecast year. The commercial application segment is anticipated to secure the largest market share of the building automation system market during the forecast period. The growth of building automation systems (BAS) in the commercial sector is being driven by a convergence of technological, economic, and regulatory factors. A primary catalyst is the rising demand for energy efficiency, as commercial buildings account for a significant portion of global energy consumption. BAS enables intelligent control of HVAC and lighting systems, resulting in substantial cost savings. Increasing emphasis on sustainability and carbon emission reduction has led many companies to adopt green building certifications, often requiring advanced automation. Inquiry Before Buying: By Region, Asia Pacific is expected to hold the largest share of the building automation system market during the forecast period. Asia Pacific is expected to hold the largest share of the total building automation system industry in 2030. The growth is attributed to the region's rising awareness of environmental impact and carbon footprint, compelling developers to integrate automated systems for optimized energy consumption. Increasing investment from domestic and international players in infrastructure projects contributes to technological upgrades and market expansion. Moreover, declining sensor and controller costs are making BAS more accessible to mid-sized buildings. As digital transformation deepens across industries, the demand for intelligent, interconnected building solutions continues to rise, positioning Asia Pacific as one of the fastest-growing markets for building automation systems. Key Players The key companies in the building automation system companies include Johnson Controls (Ireland), Schneider Electric (France), Carrier (US), Siemens (Germany), Honeywell International Inc. (US), Robert Bosch GmbH (Germany), Legrand (France), Hubbell (US), ABB (Switzerland), and Trane Technologies plc (Ireland). Get 10% Free Customization on this Report: Browse Adjacent Market: Semiconductor and Electronics Market Research Reports & Consulting Related Reports: Building Information Modeling Market by Offering (Software, Services), Deployment Type (On-Premises), Project lifecycle (Pre-construction), End User (AEC Professionals), Application (Planning & Modelling) and Region - Global Forecast to 2029 HVAC System Market Size, Share & Industry Trends Growth Analysis Report by Cooling (Unitary Air Conditioner, VRF), Heating (Heat Pump, Furnace), Ventilation (AHU, Air Filter), Service Type (Installation, Maintenance & Repair), Implementation Type (New Construction, Retrofit) - Global Forecast to 2029 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Web Site: Insight: Source: Logo: View original content: SOURCE MarketsandMarkets
Reuters
13-05-2025
- Business
- Reuters
Honeywell's India unit posts smaller fourth-quarter profit as costs surge
May 13 (Reuters) - Honeywell Automation India ( opens new tab reported a fall in fourth-quarter profit on Tuesday as rising expenses outpaced revenue growth. Profit at the Indian subsidiary of U.S. conglomerate Honeywell International (HON.O), opens new tab fell 5.6% year-on-year to 1.4 billion rupees ($16.4 million) for the quarter ended March 31. The company provides building automation solutions to industrial clients and designs emission-curbing and energy transition products. Capital goods companies in India are currently facing challenges due to weakened infrastructure demand, with government spending, which had increased ahead of the 2024 national elections, now slowing down. However, execution of existing projects helped boost Honeywell's revenue. Honeywell Automation's revenue from operations rose 17.2% to 11.15 billion rupees but did not offset the 22% rise in expenses. Total expenses stood at 9.71 billion rupees due to a 44.2% increase in cost of materials consumed, which constitutes more than half of the total expenses. The company does not provide a breakdown of its revenue distribution or discloses which specific raw materials it consumes. Honeywell International reported a 1% rise in its March-quarter net income, on April 29. The company's stock, one of the most expensive in India, closed 1.7% higher to 35,815 rupees, ahead of the results. ($1 = 85.3100 Indian rupees)
