Building automation
systems are used to automate and control heating, ventilation, and
air-conditioning systems; lighting systems; and other systems installed in
buildings to increase the comfort, safety, security, and convenience of
occupants and make buildings energy-efficient.
The building automation system
market is consolidated, with APAC being the leading region in this
market. The major players operating in building automation system market are
Johnson Controls (Ireland), Schneider Electric (France), Carrier (US), Siemens
AG (Germany), and Honeywell International (US). Strong distribution networks,
diverse product portfolios, and a strong brand image are some of the reasons
for the large shares of these companies in the overall building automation
system market. The global building automation system market size is projected
to grow from USD 73.5 billion in 2021 to USD 112.1 billion by 2026.
Johnson Controls (Ireland), Schneider Electric
(France), Carrier (US), Siemens AG (Germany), and Honeywell International (US)
are the leading players in the building automation system market.
Honeywell International (Ireland)
Honeywell International is a Fortune 100
company that develops technologies for addressing critical challenges related
to energy, safety, and security applications. It is a leading global provider
of products, software, solutions, and technologies that help homeowners to stay
connected and in control of their comfort, security, and energy consumption.
Honeywell International operates through four business segments—Aerospace,
Honeywell Building Technologies, Performance Materials and Technologies, and
Safety and Productivity Solutions. The company sells building automation
systems through its Honeywell Building Technologies and Safety and Productivity
Solutions business segments. Through these two segments, it offers products and
services such as controls and displays for heating, cooling, indoor air quality
maintenance; ventilation; humidification; combustion; lighting; and home
automation applications.
Johnson Controls (US)
Johnson Controls offers security, fire
detection, suppression, and life safety products and services. The products of
the company are sold under the following brand names: Tyco, Simplex, Grinnell,
Sensormatic, Ansul, Simplex, Scott and ADT, Software House, Visonic, Chemguard,
and Exacq. In September 2016, the company merged with Tyco to move into the
home security system business, with ~56% equity in advanced home security
systems. The company offers building automation systems through all of its four
business segments. Its building automation systems help in connecting
commercial HVAC, lighting, and security and protection systems with each other,
enabling them to communicate on a single platform to deliver the required
information.
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Carrier (US)
Carrier is a leading provider of heating,
ventilating, air conditioning (HVAC), refrigeration, fire, security, and
building automation products, solutions, and services. Carrier used to operate
as a part of United Technologies Corporation; however, in March 2020, it was
set up as an independent company. Carrier operates through 3 business
segments—HVAC, Refrigeration, and Fire & Security. The products and
services related to building management systems offered by the company are used
by governments, financial institutions, architects, building owners and
developers, security and fire consultants, homeowners, etc., that require a
high level of security and fire protection for their businesses and residences.
Other companies involved in the building
automation system market are Schneider Electric (France), Siemens AG (Germany),
Robert Bosch (Germany), Legrand (France), Hubbell (US), ABB (Switzerland), and
Trane Technologies (Ireland).
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