Building automation and control system is a systematic inter-linked control system comprising of both hardware & software and is used to control and monitor building’s operation & environment. Generally, it is installed in commercial, residential, public and institutional buildings to monitor and control various mechanical, electrical and plumbing (MEP) systems such as fire alarm system, CCTV, water & plumbing system, air handling units (AHU), fan coil unit (FCU) and others.
Building & construction industry is witnessing high demand for building automation systems as they provide increased security, monitors activities and enables controlled access to the buildings. Building automation also helps to improve operational & energy efficiency of various building systems by improving utility lifecycle and reducing energy consumption.
Global building automation system market is highly fragmented with presence of wide range of regional and global suppliers. Commercial building application captures majority of the market due to high demand in upgradation & refurbishment of existing buildings and rising adoption of energy conservation models. Also, factors like growing need for support & maintenance, service customization, high energy efficiency, and security & safety of buildings is anticipated to further drive the growth. However, high installation costs and lack of skilled labours may restrain the market growth.
With gradual shift towards highly integrated solutions, the building automation market is witnessing greater acceptability of interoperable systems having innovative applications that can optimize building’s environment. Various advances in technological front are focusing towards Internet of Things (IoT) in building automation systems in order to enhance operational efficiency through monitoring of multiple building systems from a central hub.
In addition, further developments in technologies such as wireless communication, embedded computing, communications & sensor technology are expected to drive the building automation market. Moreover, various energy conservation initiatives by the government along with rising capital investments are expected to further drive the market in coming years.
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