Asia Pacific (APAC) Building Automation Market (2019-2025) | Analysis, Size, Revenue, Forecast, Trends, Growth, Industry, Outlook & Segmentation

Latest (2023) Developments in the Asia Pacific (APAC) Building Automation Market

• Growing demand for IoT-enabled building automation systems: The market is witnessing a growing demand for Internet of Things (IoT)-enabled building automation systems in APAC countries such as China, India, and Japan due to their increasing awareness about the energy efficiency that can be achieved through automated buildings. Companies are focusing on deploying cost-effective solutions with advanced features like wireless connectivity, cloud computing, analytics and data visualization which will enable end users to monitor and control their smart buildings remotely.
• Increasing focus on smart city projects: Governments across the APAC region are investing heavily in smart city initiatives to provide the digital infrastructure that enables efficient service delivery across all sectors including healthcare, education, transportation etc. This has increased opportunities for companies offering integrated building automation platforms as they help in providing seamless communication between different sensors located within the city’s infrastructure while ensuring optimum utilization of resources leading to reduced operational costs. 
• The surge in adoption of voice recognition technology: With the emergence of AI-based virtual assistants such as Amazon Alexa & Google Home Assistant amongst others; there has been an increase in the use of voice commands for controlling various aspects within a building's environment ranging from lighting levels to temperature settings etc., hence driving growth within this space. 
• Expansion of 5G networks: The launch of 5G services coupled with falling prices are expected to revolutionize connected living by making it possible for almost every device or appliance inside homes and commercial establishments to access high-speed internet connections without any latency issues thus driving further investments into this space going forward

Asia Pacific (APAC) Building Automation Market Synopsis

Implementation of advanced security systems, increasing penetration of IoT, and growing awareness of new wireless technologies in newly constructed buildings are driving demand for building automation systems in the Asia Pacific region. Further, features including monitoring and controlling of lights, lifts, fire alarms, air conditioning, and humidity control inside the building would drive the demand for the building automation system in the region. 

According to 6Wresearch, the Asia Pacific (APAC) Building Automation Market size is projected to witness growth in the forecast period 2019-25. due to the increase in newly constructed residential and commercial buildings in the region and growing awareness regarding building automation systems. Further, in terms of countries, China and Japan are dominating the building automation market, however, countries such as India and Australia would boost the demand for the building automation systems (BAS) market in the coming years due to rapid growth in the construction sector.

In terms of application, the market is categorized into residential, industrial, and commercial buildings out of which commercial and residential buildings are growing rapidly. Further, Security & access control system is dominating the market, however, the HVAC control system is growing rapidly due to an increase in awareness of automation technology and the need for cost & energy efficiency. Moreover, in terms of control technology, wireless technology is dominating the market.

The APAC Building Automation Market report thoroughly covers the by-product, control technology, application, and countries including Japan, India, China, Australia, Malaysia, Thailand, Indonesia, and the Rest of APAC. The Asia Pacific Building Automation Market outlook report provides an unbiased and detailed analysis of the ongoing APAC Building Automation Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

APAC Building Automation market on the base of security and access control system. Is expected to grow at the highest rate in the forecast period. The need for an increased level of security activity monitoring the access control systems. Nowadays rapid pace of various factors such as technological advancements, need for medical assistance providing to senior citizens at home. The market region has been sub-segment into India, China.

Asia Pacific building management system market is estimated to gain popularity during the forecast period 2020-26F backed by the rising growth of the reduced energy consumption. Further, the residential sector is estimated to generate humongous revenues in the market underpinned by rising urban population especially in China along with rising disposable income tends to invest in house renovation,  therefore surging retrofitted process in the country is estimated to leave a positive impact over the market growth of the china building automation market, as a result, is expected to spur the growth of the building management system market growth across the region.

Key Highlights of the Report:

• APAC Building Automation Market Overview
• APAC Building Automation Market Outlook
• APAC Building Automation Market Forecast
• Historical Data of APAC Building Automation Market Revenues for the Period 2015-2018
• APAC Building Automation Market Size and APAC Building Automation Market Forecast of Revenues, Until 2025
• Historical Data of Global Building Automation Market Revenues, by Products, for the Period 2015-2018
• Market Size & Forecast of Global Building Automation Market Revenues, by Products, until 2025
• Historical Data of Global Building Automation Market Revenues, by Control Technology, for the Period 2015-2018
• Market Size & Forecast of Global Building Automation Market Revenues, by Control Technology, until 2025
• Historical Data of Global Building Automation Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Global Building Automation Market Revenues, By Applications, until 2025
• Historical Data of Japan Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Japan Building Automation Market Revenues, until 2025.
• Historical Data of China Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of China Building Automation Market Revenues, until 2025.
• Historical Data of India Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of India Building Automation Market Revenues, until 2025.
• Historical Data of Australia Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Australia Building Automation Market Revenues, until 2025.
• Historical Data of Malaysia Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Malaysia Building Automation Market Revenues, until 2025.
• Historical Data of Thailand Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Thailand Building Automation Market Revenues, until 2025.
• Historical Data of Indonesia Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Indonesia Building Automation Market Revenues, until 2025.
• Historical Data of Rest of APAC Building Automation Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Rest of APAC Building Automation Market Revenues, until 2025.
• Market Drivers and Restraints
• APAC Building Automation Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis 
• Market Opportunity Assessment
• APAC Building Automation Market Share, By Players
• APAC Building Automation Market Share, By Regions
• APAC Building Automation Market Overview on Competitive Benchmarking
• Company Profiles 
• Key Strategic Recommendations

Markets Covered

The APAC Building Automation Market report provides a detailed analysis of the following market segments:

By-Products:

• Security & Access Control System, By Types
• Fire Protection System, By Types
• Light Control System, By Types
• HVAC Control System, By Types
• Building Energy Management Services, By Types

By Control Technologies:

• Wired
• Wireless

By Applications:

• Residential Building
• Industrial Building
• Commercial Building

By Countries:

• Japan
• China
• India
• Australia
• Malaysia
• Thailand
• Indonesia
• Rest of APAC

 

Frequently Asked Questions About the Market Study (FAQs):