Building Automation System Market Size

Building Automation System Market Future Prospects

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 growing demand for energy-efficient buildings, lower operating and maintenance costs, better indoor air quality, managed home automation services, and advancements in communications, sensors, analytics, and touch-screen technology drive the market forward.

Moreover, the growing security & access control needs and the rising importance of predictive analytics in optimizing building HVAC management are driving the market growth. The growing demand for these services in the hospitality, tourism, and construction sectors is driving the market globally. Furthermore, the government support and initiatives for the development of smart cities and business hubs would create a high requirement for facility management services, thus propelling the demand for building automation solutions.

In this regard, economic development, propelled by urbanization, is a key factor for the growth of the market, as infrastructure development in metropolitan cities would make facility management services important. Additionally, the development of special economic zones (SEZs) and mega food parks is likely to aid the growth of the industry during the forecast period.

The International Energy Agency implemented the General Code for Building Energy Efficiency and Renewable Energy Utilization in 2022. This code mandates energy efficiency practices in all new and renovated buildings. Its goal is to promote a reduction in carbon emissions from buildings by nearly 40% compared to 2016 standards and lessen release by over 7 kg of CO2e per square meter per year.