Home > > North America And Global Building Automation System Market- Size, Share, Growth Rate, and Forecast

North America And Global Building Automation System Market- Size, Share, Growth Rate, and Forecast

  • Report Code: IQ4K100
  • Published Date: August, 2024
  • Pages: 105

Industry Overview

The North America Building Automation System market was valued at $49,801.0 Million in 2023, and is projected to reach $86,708.1 Million by 2030 growing at a CAGR of 8.29% from 2024 to 2030. HVAC Controls segment is expected to be the highest contributor to this market, with $19,314.0 Million in 2023, and is anticipated to reach $31,627.6 by 2030, registering a CAGR of 7.34%. Security & Access Controls segment is anticipated to reach $23,463.3 Million by 2030 with the highest CAGR of 8.93%. HVAC Controls and Lighting Controls segments collectively expected to account for about 74.0% share of the North America Building Automation System market in 2023, with the former constituting around 38.8% share. Security & Access Controls and Lighting Controls segments are expected to witness significant growth rates at a CAGR of 8.93% and 8.82% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 61.2% in the overall North America Building Automation System market in 2023, and is anticipated to reach 63.5% by 2030. Product Type HVAC Controls Lighting Controls Security & Access Controls Offering Integration Services Industry Vertical Residential Enterprise Industrial Hospitality Retail Other Industry Verticals BY REGION North America U.s. Canada Europe Germany U.k. France Italy Spain Rest of Europe Asia China Japan South Korea India Indonesia Rest of Asia Middle East Africa Brazil Mexico South Africa Australia Rest of Middle East Africa

 

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