A building automation system (BAS) is a computer-based control system installed in buildings that controls and monitors the building’s mechanical and electrical equipment.
The global market for BAS was valued at $13.8 billion in 2019, and it is expected to reach $24.5 billion by 2025, growing at a compound annual growth rate (CAGR) of 9.6% from 2020 to 2025.
The Asia-Pacific region is expected to be the largest market for BAS during the forecast period.
The increasing demand for energy efficiency and the need for better indoor air quality are the key factors driving the growth of the BAS market.
