Reportprime Industrial Modular Robotics Market Size Global Industry Building automation system market size was valued at usd 75,090.11 million in 2023. the building automation system market industry is projected to grow from usd 81,715.52 million in 2024 to usd 1,48,098.12 million by 2032, exhibiting a compound annual growth rate (cagr) of 7.72% during the forecast period (2024 2032). According to a comprehensive research report by market research future (mrfr), “building automation system market analysis by network (wireless, wired), by end user (commercial,.
Smart Home Automation Market Size 2023 2030 Trend Analysis Report By The building automation systems market size is estimated at usd 222.29 billion in 2025, and is expected to reach usd 367.05 billion by 2030, at a cagr of 10.55% during the forecast period (2025 2030). New york, usa, june 27, 2023 (globe newswire) according to a comprehensive research report by market research future (mrfr), building automation system market information by offering,. Building automation systems (bas) are becoming integral to modern infrastructure, allowing for centralized control of a building’s mechanical and electrical systems, including lighting, hvac, security, and energy management. The global building automation system market size accounts for usd 101.3 billion in 2024, and it is expected to garner usd 220.7 billion by 2030, advancing with a cagr of 13.9% during 2025–2030.
Building Automation System Market Size Report 2025 2030 Building automation systems (bas) are becoming integral to modern infrastructure, allowing for centralized control of a building’s mechanical and electrical systems, including lighting, hvac, security, and energy management. The global building automation system market size accounts for usd 101.3 billion in 2024, and it is expected to garner usd 220.7 billion by 2030, advancing with a cagr of 13.9% during 2025–2030. The building automation systems market was worth usd 75.4 billion in 2023 and will be worth usd 132.0 billion by 2030, growing at a cagr of 8% during the forecast period. Rising security concerns and increasing demand for integrated security and monitoring solutions are projected to drive growth of the global building automation systems market over the forecast period. security and access controls have the largest revenue share in the global building automation industry. As per mrfr analysis, the building automation control systems market size was estimated at 43.04 (usd billion) in 2022. building automation control systems market industry is expected to grow from 46.24 (usd billion) in 2023 to 88.2 (usd billion) the building 2032. Building automation systems market size crossed usd 278.7 billion in 2023 and is projected to expand at 10% cagr from 2024 to 2032, driven by increasing focus on developing energy efficient buildings.
Building Automation System Market 2021 2030 Recent Trends The building automation systems market was worth usd 75.4 billion in 2023 and will be worth usd 132.0 billion by 2030, growing at a cagr of 8% during the forecast period. Rising security concerns and increasing demand for integrated security and monitoring solutions are projected to drive growth of the global building automation systems market over the forecast period. security and access controls have the largest revenue share in the global building automation industry. As per mrfr analysis, the building automation control systems market size was estimated at 43.04 (usd billion) in 2022. building automation control systems market industry is expected to grow from 46.24 (usd billion) in 2023 to 88.2 (usd billion) the building 2032. Building automation systems market size crossed usd 278.7 billion in 2023 and is projected to expand at 10% cagr from 2024 to 2032, driven by increasing focus on developing energy efficient buildings.
Building Automation System Market Size Share Global Analysis Report As per mrfr analysis, the building automation control systems market size was estimated at 43.04 (usd billion) in 2022. building automation control systems market industry is expected to grow from 46.24 (usd billion) in 2023 to 88.2 (usd billion) the building 2032. Building automation systems market size crossed usd 278.7 billion in 2023 and is projected to expand at 10% cagr from 2024 to 2032, driven by increasing focus on developing energy efficient buildings.