A report from Navigant Research analyzes the global market for commercial building automation systems (BASs), including global market forecasts through 2023.
“The adoption of BASs is being driven by several goals: to provide comfort for building occupants, optimize energy use, and comply with building energy codes,” says Benjamin Freas, research analyst with Navigant Research. “Prevalent for some years in the largest and most modern buildings, BASs are now expanding into smaller buildings, as well.”
Advances in the deeper integration of disparate BASs (for heating, ventilation, and air conditioning, or HVAC, lighting, security, safety, and so on) are helping drive their adoption in commercial buildings, according to the report. However, these systems have yet to reach their full market potential. Growth in the BAS market remains dependent on rates of new construction and building retrofits, which, in turn, are driven by overall economic conditions in each world region.