Building Automation System Market Global Industry Analysis Size Building automation systems market was valued at usd 278.7 billion in 2023 and is estimated to register a cagr of over 10% between 2024 and 2032. the increasing focus on developing energy efficient buildings is a significant factor driving the business expansion. The global building automation system market size in terms of revenue was estimated to be worth $88.4 billion in 2023 and is poised to reach $155.9 billion by 2028, growing at a cagr of 12.0% during the forecast period.
Building Automation System Market Global Industry Analysis Size The research provides a detailed assessment of building automation market size projections and examines how building automation manufacturers are adapting to evolving industry demands. the report is particularly beneficial for building management system companies seeking to understand market dynamics and competitive positioning in the global. The global building automation system market size was valued at usd 102.02 billion in 2022 and is projected to reach usd 258.86 billion by 2031, expanding at a cagr of 10.9% during the forecast period 2023 2031. the commercial segment is expected to lead the market in the forecast period. The global building automation systems market is expected to be worth around usd 183.2 billion by 2034, up from usd 76.7 billion in 2024. it is expected to grow at a cagr of 9.10% from 2025 to 2034. in 2024, europe held a dominant market position, capturing over a 35% share and earning usd 26.84 billion in revenue. Global building automation system market size, trends, and analysis forecasts to 2026 by offering (facility management systems, security and access controls, fire protection systems, building energy management software, building automation system services, others), by communication technology (wired technology, wireless technology), by.
Building Automation System Market Size Report 2025 2030 The global building automation systems market is expected to be worth around usd 183.2 billion by 2034, up from usd 76.7 billion in 2024. it is expected to grow at a cagr of 9.10% from 2025 to 2034. in 2024, europe held a dominant market position, capturing over a 35% share and earning usd 26.84 billion in revenue. Global building automation system market size, trends, and analysis forecasts to 2026 by offering (facility management systems, security and access controls, fire protection systems, building energy management software, building automation system services, others), by communication technology (wired technology, wireless technology), by. Building automation & control systems market report overview. the global building automation & control systems market size was usd 5866.46 million in 2024 and is projected to touch usd 11618.63 million by 2033, exhibiting a cagr of 7.07% during the forecast period. Global building automation system market size was usd 93.26 billion in 2023 and the market is projected to touch usd 203.73 billion by 2032, at a cagr of 9.07% during the forecast period. the global building automation system (bas) market refers to the industry that develops smart systems to regulate building services like as heating. It will grow from $99.76 billion in 2024 to $111.23 billion in 2025 at a compound annual growth rate (cagr) of 11.5%. the growth in the historic period can be attributed to energy efficiency and cost savings, government regulations and incentives, demand for smart buildings, occupant comfort and well being, integration of building systems.