Chicago, Feb. 06, 2023 (GLOBE NEWSWIRE) -- According to a research report  " Building Automation System Market  by Offering (Facility Management Systems, Security & Access Controls, Fire Protection Systems, BEM Software, BAS Services), Communication Technology (Wireless, Wired), Application and Region - Global Forecast to 2027" published by MarketsandMarkets, the building automation system market is projected to reach USD 148.6 billion by 2027 from USD 86.8 billion in 2022; it is expected to grow at a CAGR of 11.4% from 2022 to 2027.

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. A BAS is a computer networking system that monitors and controls a range of other electronic and mechanical systems. It provides a means for these disparate systems to communicate across platforms, software, and languages. The core functionality of a BAS is to maintain building climate based on an occupancy schedule, monitor performance and device failures in all systems, and provide malfunction alarms. Automation systems reduce building energy and maintenance costs. Almost all multi-story green buildings are designed to accommodate a BAS for energy, air, and water conservation. Most green buildings also use as many low-power DC devices as possible, typically integrated with power over Ethernet wiring. Even a piassavas design intended to consume no net energy whatsoever will typically require a BAS to manage heat capture, shading and venting, and scheduling device use.

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Building Automation System Market Report Scope

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