Australia Building Automation System Market Assessment, By Component [Hardware, Software], By Application [HVAC Control Systems, Lighting Control Systems, Electronic Security & Safety, Building Energy Management System], By Communication Technology [Wired, Wireless, Others], By End-user [Commercial, Industrial, Residential], By Sales Channel [Direct, Channel], By Region, Opportunities and Forecast, 2016-2030F

The Australia Building Automation System Market size was valued at USD 1.9 billion in 2022 which is expected to grow to USD 3.1 billion in 2030 with a CAGR of 6.5% during the forecast period between 2023 and 2030.

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Australia building automation system market size was valued at USD 1.9 billion in 2022, which is expected to reach USD 3.1 billion in 2030, with a CAGR of 6.5% for the forecast period between 2023 and 2030. Australia's building automation system market uses advanced technologies to control and automate various building systems, such as heating, ventilation, air conditioning, lighting, security, and energy management. Building automation systems (BAS) are designed to improve the energy efficiency of buildings, reduce operating costs, and enhance the occupant experience. The BAS market in Australia is growing rapidly due to the increasing demand for sustainable and energy-efficient buildings.

The Australian government has implemented several policies and initiatives to promote energy efficiency in buildings, such as the National Australian Built Environment Rating System (NABERS) and the Commercial Building Disclosure (CBD) Program. These policies have incentivized building owners and managers to invest in BAS solutions to reduce their carbon footprints and energy bills. The BAS market in Australia is driven by advancements in IoT (Internet of Things) and artificial intelligence technologies. These technologies enable BAS solutions to collect and analyze data from building systems, leading to more accurate and effective automation.

The Growth of IoT and AI Technologies

The proliferation of IoT and artificial intelligence (AI) technologies is profoundly influencing Australia's building automation system (BAS) market. IoT-equipped devices and sensors progressively find their place in buildings, furnishing real-time insights into energy usage, temperature, air quality, and occupancy rates. These data streams serve as valuable inputs for BAS solutions, empowering them to optimize building systems to achieve superior energy efficiency and enhanced occupant comfort.

AI technologies seamlessly integrate into BAS solutions, ushering in advanced analytics and automation capabilities. AI algorithms exhibit prowess in analyzing vast datasets, unveiling patterns, and fine-tuning building systems to suit specific conditions, including occupancy levels and weather dynamics. The outcome is more precise and efficient, reducing energy consumption and operational expenses. Furthermore, the fusion of IoT and AI technologies is propelling the evolution of novel BAS solutions, encompassing predictive maintenance systems and intelligent lighting solutions. These advancements are poised to further revolutionize Australia's building management and energy efficiency.

Demand for Smart Buildings and Connected Devices Drives Growth

The Australia building automation system market is driven by the increasing demand for smart buildings and connected devices. These systems utilize IoT and AI technologies to automate heating, ventilation, air conditioning, lighting, and security. BAS solutions are becoming interoperable, allowing seamless integration with other smart building technologies. This unified management system adapts to changing conditions and occupant needs. Smart building technologies like occupancy sensors and mobile apps also provide greater occupant comfort and convenience.

For instance, in September 2023, Johnson Controls-Hitachi Air Conditioning unveiled the Hitachi air365 Hybrid dual fuel system, a groundbreaking solution that integrates a heat pump and furnace. This innovative system offers efficient and cost-effective home comfort throughout the entire year, while making significant strides in reducing carbon emissions. The air365 Hybrid system is centered around the electric Hitachi Mini VRF heat pump, serving as the primary source for heating and cooling. It introduces a pioneering dual-fuel module that is easily attached to a home's gas furnace, whether newly installed or already existing.

Increasing Demand for Energy Efficiency

The Australia building automation system market is experiencing a surge in demand due to the growing focus on energy efficiency. As Australia faces climate change and rising energy costs, businesses and homeowners increasingly adopt BAS technologies to reduce energy consumption in commercial and residential buildings. Government initiatives, such as energy efficiency regulations, further stimulate the adoption of BAS, making it a strategic investment in a sustainable and cost-effective future for Australia's built environment.

For example, in September 2023, ABB has introduced the Cylon Building Management System in the Australian market. Globally, buildings account for 30% of total energy consumption and are responsible for 40% of worldwide carbon emissions. ABB's Cylon Building Management System (BMS) product range offers comprehensive automation and energy management solutions for a diverse range of commercial and industrial buildings. This BMS empowers occupants and property owners to efficiently automate operations, reducing energy expenses through precise energy control and management. Additionally, it facilitates real-time monitoring and control of building facilities, enhancing overall operational efficiency.

Impact of COVID-19

The pandemic had a mixed impact on the Australia building automation system market. The restrictions reduced demand for BAS solutions due to decreased occupancy rates in commercial buildings, especially in retail and hospitality sectors. Also, it has highlighted the importance of indoor air quality and building health, increasing demand for BAS solutions to monitor and improve these factors. Additionally, the shift towards remote work has increased the need for smart building technologies that can enable remote monitoring and control of building systems. This has led to increased demand for BAS solutions that offer greater flexibility, scalability, and remote access.

Australia Building Automation System Market: Report Scope

“Australia Building Automation System Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the Australia Building Automation market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and opportunities, and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Report Attribute

Details

Base Year of the Analysis

2022

Historical Period

2016-2021

Forecast Period

2023-2030

Projected Growth Rate

CAGR of 6.5% between 2023 and 2030

Revenue Forecast in 2030

USD 3.1 billion

Units

Revenue in USD billion

Segments Covered

Component, Application, Communication Technology, End-User, Sales Channel

Regions Covered

Western Australia, Northern Territory, Queensland, South Australia, New South Wales, Victoria, Tasmania

Key Companies Profiled

Honeywell International Inc., Siemens AG, Robert Bosch (Australia) Pty Ltd, Schneider Electric SE., Johnson Controls International plc, ABB Ltd, Hubbell Inc., Reliable Controls, HDL Automation Co., Ltd., Legrand Australia Pty Ltd 

Customization Scope

15% free report customization with purchase

Pricing and Purchase Options

Avail the customized purchase options to fulfil your precise research needs

Delivery Format

PDF and Excel through email (subject to the license purchased)

In this report, Australia building automation system market has been segmented into the following categories: 

1.       By Component

1.1.    Hardware

1.2.    Software

2.       By Application

2.1.    HVAC Control Systems

2.2.    Lighting Control Systems

2.3.    Electronic Security & Safety

2.4.    Building Energy Management System

3.       By Communication Technology

3.1.    Wired

3.2.    Wireless

3.3.    Others

4.       By End-user

4.1.    Commercial

4.2.    Industrial

4.3.    Residential

5.       By Sales Channel

5.1.    Direct

5.2.    Channel

6.       By Region

6.1.    Western Australia

6.2.    Northern Territory

6.3.    Queensland

6.4.    South Australia

6.5.    New South Wales

6.6.    Victoria

6.7.    Tasmania

Key Players Landscape and Outlook

The Australia building automation system (BAS) market is dominated by major players like Schneider Electric, Siemens, Honeywell, Johnson Controls, ABB and others. These companies offer comprehensive solutions for energy management, HVAC control, lighting systems, and integrated smart building technologies. The market is expected to grow due to the nation's growing focus on energy efficiency, sustainability, and smart building initiatives, with technological trends like IoT integration enhancing building performance.

For instance, the Canberra Hospital Expansion project while celebrating World Environment Day in June 2023, emphasized its new Critical Service Building's eco-friendly features. The building's commitment to environmental sustainability is underscored by its exclusive use of electric power, resulting in a significant reduction in carbon emissions, positioning it as a national leader in environmentally conscious healthcare infrastructure.

Furthermore, in September 2023, Johnson Controls, renowned for its intelligent and eco-conscious building solutions, introduced the OpenBlue Service: Assurance of Security Device Performance. This innovative solution empowers clients to enhance building security, manage risks, and optimize their security technology investments by offering a unified approach to overseeing and controlling security devices from various providers, remote support services and zero-trust cybersecurity protection.

Key Players Operating in Australia Building Automation System Market are:

·         Honeywell International Inc.

·         Siemens AG

·         Robert Bosch (Australia) Pty Ltd

·         Schneider Electric SE. 

·         Johnson Controls International plc

·         ABB Ltd 

·         Hubbell Inc.

·         Reliable Controls 

·         HDL Automation Co., Ltd. 

·         Legrand Australia Pty Ltd 

Markets and Data’s reports answer the following questions:

    What is the current and future market size of the product/service in question globally or specific to different countries?

    How are the markets divided into different product/service segments and each segment's market size and growth?

    What is the market potential of different product segments and their investment case?

    How are the markets predicted to develop in the future and what factors will drive or inhibit growth?

    What is the business environment and regulatory landscape specific to the product/service?

If you can't find what you're searching for or have any custom requirements for Australia building automation system market, you may approach our team at info@marketandata.com

Table of Contents

1.       Research Methodology

2.       Project Scope & Definitions

3.       Impact of COVID-19 on Australia Building Automation System Market

4.       Executive Summary

5.       Voice of Customer

5.1.    Demographics of the End Consumer

5.2.    Product and Market Intelligence

5.3.    Brand Recall and Loyalty

5.4.    Factors Considered in Purchase Decision

5.4.1.Quality

5.4.2.   Pricing/Overall Expenses

5.4.3.Energy Efficiency

5.4.4.Reliability

5.4.5.   After Sales Support

5.4.6.   Technical Specifications and Features

5.4.7.Scalability and Integration

5.4.8.Reviews and Recommendations

5.5.    Purpose of Purchase

5.6.    Frequency of Purchase

5.7.    Medium of Purchase 

5.8.    Consideration of Security and Data Privacy

6.       Australia Building Automation System Market Outlook, 2016-2030F

6.1.    Market Size & Forecast

6.1.1.By Value

6.2.    By Component

6.2.1.Hardware

6.2.2.Software

6.3.    By Application

6.3.1.HVAC Control Systems

6.3.2.Lighting Control Systems

6.3.3.Electronic Security & Safety

6.3.4.Building Energy Management System

6.4.    By Communication Technology

6.4.1.Wired

6.4.2.Wireless

6.4.3.Others

6.5.    By End-user

6.5.1.Commercial

6.5.2.Industrial

6.5.3.Residential

6.6.    By Sales Channel

6.6.1.Direct

6.6.2.Channel

6.7.    By Region

6.7.1.Western Australia

6.7.2.Northern Territory

6.7.3.Queensland

6.7.4.South Australia

6.7.5.New South Wales

6.7.6.Victoria

6.7.7.Tasmania

6.8.    By Company Market Share (%), 2022

7.       Market Mapping, 2022

7.1.    By Component

7.2.    By Application

7.3.    By Communication Technology

7.4.    By End-user

7.5.    By Sales Channel

7.6.    By Region

8.       Macro Environment and Industry Structure

8.1.    Supply Demand Analysis

8.2.    Import Export Analysis

8.3.    Value Chain Analysis

8.4.    PESTEL Analysis

8.4.1.Political Factors

8.4.2.Economic System

8.4.3.Social Implications

8.4.4.Technological Advancements

8.4.5.Environmental Impacts

8.4.6.Legal Compliances and Regulatory Policies (Statutory Bodies Included)

8.5.    Porter’s Five Forces Analysis

8.5.1.Supplier Power

8.5.2.Buyer Power

8.5.3.Substitution Threat

8.5.4.Threat from New Entrant

8.5.5.Competitive Rivalry

9.       Market Dynamics

9.1.    Growth Drivers

9.2.    Growth Inhibitors (Challenges and Restraints)

10.   Key Players Landscape

10.1.                     Competition Matrix of Top Five Market Leaders

10.2.                     Market Revenue Analysis of Top Five Market Leaders (in %, 2022)

10.3.                     Mergers and Acquisitions/Joint Ventures (If Applicable)

10.4.                     SWOT Analysis (For Five Market Players)

10.5.                     Patent Analysis (If Applicable)

11.   Pricing Analysis

12.   Case Studies

13.   Key Players Outlook

13.1.                     Honeywell International Inc.

13.1.1.    Company Details

13.1.2.    Key Management Personnel

13.1.3.    Products & Services

13.1.4.    Financials (As reported)

13.1.5.    Key Market Focus & Geographical Presence

13.1.6.    Recent Developments

13.2.                     Siemens AG

13.3.                     Robert Bosch (Australia) Pty Ltd

13.4.                     Schneider Electric SE. 

13.5.                     Johnson Controls International plc

13.6.                     ABB Ltd 

13.7.                     Hubbell Inc.

13.8.                     Reliable Controls 

13.9.                     HDL Automation Co., Ltd. 

13.10.                  Legrand Australia Pty Ltd 

*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

14.   Strategic Recommendations

15.   About Us & Disclaimer

List of Figures: Australia Building Automation System Market

Figure 1. Australia Building Automation System Market, By Value, In USD Billion, 2016-2030F

Figure 2. Australia Building Automation System Market Share, By Component, In USD Billion, 2016-2030F

Figure 3. Australia Building Automation System Market Share, By Application, In USD Billion, 2016-2030F

Figure 4. Australia Building Automation System Market Share, By Communication Technology, In USD Billion, 2016-2030F

Figure 5. Australia Building Automation System Market Share, By End-user, In USD Billion, 2016-2030F

Figure 6. Australia Building Automation System Market Share, By Sales Channel, In USD Billion, 2016-2030F

Figure 7. Australia Building Automation System Market Share, By Region, In USD Billion, 2016-2030F

Figure 8. By Component Map-Market Size (USD Billion) & Growth Rate (%), 2022

Figure 9. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2022

Figure 10. By Communication Technology Map-Market Size (USD Billion) & Growth Rate (%), 2022

Figure 11. By End-user Map-Market Size (USD Billion) & Growth Rate (%), 2022

Figure 12. By Sales Channel Map-Market Size (USD Billion) & Growth Rate (%), 2022

Figure 13. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2022

List of Tables: Australia Building Automation System Market

Table 1. Pricing Analysis of Products from Key Players

Table 2. Competition Matrix of Top 5 Market Leaders

Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)

Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

Frequently Asked Questions

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