SMART BUILDINGS BIZ TO $100BIL+ BY 2021

Commercial Building Automation Systems; HVAC, Lighting, Fire & Life Safety, and Security & Access Control Systems and Building Management Systems: Global Market Analysis and Forecasts

4Q 2013 (Navigant Research)

“Commercial building automation systems (BASs) continue to evolve…Integrated by new building management systems (BMSs), the automation of HVAC, lighting, fire & life safety, and security & access controls is increasingly forming the foundational infrastructure…aimed at reducing the approximately 12% of total global energy end use by the commercial sector…[The global market] is driven in general by new and retrofit commercial building construction and more specifically by the energy efficiency requirements…New commercial construction has been suppressed by the financial crisis…with the exception of certain parts of Asia Pacific…[R]enewed economic growth…accelerating energy efficiency targets for commercial buildings…[and] computing, communications, sensing, and software technologies…[offer] risks and rewards…Navigant Research forecasts that global commercial BAS revenue will grow from $58.1 billion in 2013 to $100.8 billion in 2021…” click here for more

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