Technological advances will fundamentally alter the nature of the products and services on offer within the commercial building automation systems market, and will encompass areas including new embedded computing, communications, sensing, and software.
A report, by Navigant Research, examines commercial building automation systems (BAS) and sees global revenue in the field rising from $58.1 billion in 2013 to $100.8 billion by 2021. The report says that growth in commercial BAS will be driven by new and retrofit commercial building construction, with concerns about global warming and heightened energy efficiency requirements serving as the chief spur for adoption of the technology. According to the report, the BAS market has suffered from ...
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