South-East Asia Building Automation System Market, By System Type (Facility Management Systems (FMS), Fire Protection Systems, Security And Access Control Systems, Energy Management Systems, Building Management Software (BMS), and Others), Technology (Wireless Technologies and Wired Technologies), Application (Commercial, Industrial, and Residential), Industry Trends and Forecast to 2030.
South-East Asia Building Automation System Market Analysis and Insights
Building automation systems combine HVAC, lighting, security, and other systems to interact on a single platform. They are intelligent systems that include both hardware and software. In this approach, the automation system improves occupant safety and comfort while providing vital information about a building's operational efficiency. This kind of infrastructure's main objectives is to raise safety, lower costs, and increase system efficiency. All of these elements come together in a consolidated building management platform.
Data Bridge Market Research analyses that the South-East Asia building automation system market will grow at a CAGR of 6.2% during the forecast period of 2023 to 2030.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2020-2016)
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Quantitative Units
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Revenue in USD Thousands, Volumes in Units, Pricing in USD
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Segments Covered
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By System Type (Facility Management Systems (FMS), Fire Protection Systems, Security And Access Control Systems, Energy Management Systems, Building Management Software (BMS), and others), Technology (Wireless Technologies and Wired Technologies), Application (Commercial, Industrial, and Residential).
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Countries Covered
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Myanmar, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam, and the rest of South-East Asia.
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Market Players Covered
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Carrier, Robert Bosch GmbH, Hubbell, ABB, Emersen Electric Co., Hitachi Ltd., Delta Electronics, Inc., Neckoff Automation, Rockwell Automation, Inc., Honeywell International Inc., Jhonson Controls, Siemens, Mitsubishi Electric Corporation, Azbil Vietnam Co., ltd., SYREFL HOLDINGS SDN BHD, Lutron Electronics Co., Inc, and Huawei Technologies Co., ltd. among others.
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Market Definition
Building automation is the automatic control centralized by software or application that helps control a building's heating, ventilation, and air conditioning (HVAC), electrical, lighting, shading, access control, security systems, and other interrelated systems. This is done through a building management system (BMS) or building automation system (BAS). This helps to improve occupant comfort, efficient operations of building systems, reduction in energy consumption, and operating and maintaining costs, assures increased security, collection and preservation of historical data, and remote access/control/operation of the system. There are various system types of BAS.
Building Automation System Market Dynamics
Drivers
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Rise in demand of automation solution for seamless customer experience
Nowadays, buildings for various purposes have undergone significant evolution in the last two decades. In modern-day buildings, there is a growing demand for technologically advanced automated systems. The reason is Predictive analytics are used in these systems to enable the system to adapt to changing conditions, ensuring that HVAC systems are handled effectively through automatic control of equipment to guarantee that building climates remain within acceptable limits. The proactive maintenance of faulty equipment is another benefit of building automation. Also, these technologies can raise occupant comfort levels, resulting in happier and more effective workers.
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Integration of building automation systems in the region
Building automation system technology has made significant strides in recent years, and they are now being integrated into the frameworks of both old and new buildings worldwide. Building automation and controls are becoming increasingly popular, which is projected to help the market expand in emerging nations, particularly in the Asia-Pacific region, where the construction industry has been witnessing a boom in recent years.
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Technological advancement in the facility automation system
Similar to how the internet has grown, digital building controls have also expanded. Adoption began with a relatively small number of people before spreading to seeming universal use. The way many of us engage with the internet and our buildings, on the other hand, is completely dissimilar when you consider smartphones. Smartphones put the internet's potential in people's hands in a usable and approachable way by condensing and digesting the huge panorama of possibilities into simple-to-use apps. When it comes to how their buildings and the data they contain interact with them, many managers compare it to the early information superhighway, which was a wide expanse of potential and data without any tools to help them make sense of it.
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Rapid growth in smart infrastructure
In terms of building automation and integration, the upcoming years are anticipated to deliver accessibility. This includes access between systems that have historically operated independently, access to the technical personnel that supports buildings, and access for decision-makers to data the building holds on usage and performance. This access will help building owners and operators utilize space more wisely, enhance the atmosphere for users, and achieve energy and carbon reduction targets.
Opportunities
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Introduction of artificial intelligence
Because of technological advancements, the facilities management sector is continually evolving. Automation technologies are currently transforming the business by streamlining and simplifying labor processes, as well as lifting the routine responsibilities of facility managers. Other advantages of implementing automation technology include lowering repair and maintenance costs by more than 30%, enhancing contractor relationships, and increasing asset reliability and durability. When linked to the facility management software system, AI, or artificial intelligence, enables real-time notifications, alarms, and problem-solving.
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Growing need for connected building technologies
Smart infrastructure is a new technology that is increasingly altering how people live and work in buildings. These cutting-edge building technologies and the structures they produce are in greater demand than ever because of the steady increase in the number of smart building companies. Smart buildings use energy-efficient systems, are more environmentally friendly, and promote safety, all of which can improve both occupants' well-being and owners' financial stability. Everything you need to know about these structures will be covered in this book, including a thorough discussion of the advantages, a list of the top security features for smart infrastructure, and details on the installation procedure.
Restraints/Challenges
- Complexity in installation/operation of building automation system
The installation decisions made can have a significant impact on how long a building automation system will last. For an HVAC system, for instance, the placement of the ducting, the placement of the vents, good sealing, and the appropriate ordering of component parts are crucial for the building automation system to operate effectively over time. Therefore, proper, well-planned installation should come first. Insufficient training is one factor in the underperformance of building automation systems. The reason behind that is its complexity. Systems for building automation and controls have increased complexity due to their increased functionality. A more complex system, however, also necessitates more thorough training for those who use it. Operators must comprehend what the information means and if it indicates a proper or incorrect operating system or component.
- Lack of end-user-friendly automation systems
The end user needs to take care of the building automation system. Building automation and control systems have gotten increasingly complicated as their capabilities have increased. More controllable systems, more comfortable environments, and less energy use all result from complexity.
COVID-19 Impact on Building Automation System Market
COVID-19 highly impacted all major industries across the world. During the time of the pandemic, most industries were completely shut down. Also, the behavior of individuals has certainly changed during the pandemic, which has led to a decrease in the production and manufacturing process. The pandemic brought a huge drop in sales for the building automation system market as the lockdown prevailed in most of the regions. The lockdown led manufacturers and consumers to stop the processes for a few months completely. The demand for infrastructure automation products faced a drastic downfall due to the shutdown of various industries. Also, the South-East Asia building automation system market experienced an unprecedented drop. However, things are getting normal daily; the demand for automation and growth in the building automation systems market is now obsolete.
Manufacturers are making various strategic decisions to bounce back post COVID-19. The players are conducting multiple research and development activities to improve performance and sales. With this, the companies will bring advanced products to the market.
Recent Developments
- In November 2022, Siemens announced its partnership with Qualcomm Technologies, Inc. The company will work together to build automation by applying a 5G Private Network (PN). This helped the company to increase its market presence.
- In June 2022, Mitsubishi Electric Corporation announced that it would invest approximately INR 2.2 billion, or 3.1 billion yen, in its subsidiary Mitsubishi Electric India Pvt. Ltd. to establish a new factory in India. This facility produces inverters and other Factory Automation (FA) control system products. This helped the company to increase its presence in the South Asia and South East Asia markets.
South-East Asia Building Automation System Market Scope
The Building automation system market is segmented based on system type, technology, and application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
System Type
- Facility Management Systems(FMS)
- Fire Protection Systems
- Security And Access Control Systems
- Energy Management Systems
- Building Management Software (BMS)
- Others
On the basis of system type, the building automation system market is segmented into facility management systems (FMS), fire protection systems, security and access control systems, energy management systems, Building Management Software (BMS), and others.
Technology
- Wireless Technologies
- Wired Technologies
On the basis of technology, the building automation system market is segmented into wireless technologies and wired technologies.
Application
- Commercial
- Industrial
- Residential
On the basis of application, the building automation system market is segmented into commercial, industrial, and residential.
South-East Asia Building Automation System Market Regional Analysis/Insights
The building automation system market is analyzed, and market size insights and trends are provided by the system type, technology, application and countries as referenced above.
South-East Asia Building Automation System Market covers countries such as Myanmar, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam, and the rest of South-East Asia. Singapore is expected to dominate the South-East Asia building automation system market as Singapore is a regional leader in adopting building automation products and solutions. In Thailand, Delta Controls and LOYTEC continue to develop innovative building management and control products. The synergies of their building automation technologies with Delta's core energy-saving capabilities integrate diverse building systems on a single management platform, which will help to extend the building automation market growth of the country in the South-East Asia building automation system market. All these factors contributed to the country's growth in the South-East Asia building automation system market.
The country section of the building automation system market report also provides individual market-impacting factors and changes in regulations in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the significant pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and South-East Asia Building Automation System Market Share Analysis
The building automation system market competitive landscape provides details of the competitor. Details include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, solution launch, product width and breadth, and application dominance. The above data points are only related to the companies focus on the Building automation system market.
Some of the major players operating in the building automation system market are Carrier, Robert Bosch GmbH, Hubbell, ABB, Emersen Electric Co., Hitachi Ltd., Delta Electronics, Inc., Neckoff Automation, Rockwell Automation, Inc., Honeywell International Inc., Jhonson Controls, Siemens, Mitsubishi Electric Corporation, Azbil Vietnam Co., ltd., SYREFL HOLDINGS SDN BHD, Lutron Electronics Co., Inc, and Huawei Technologies Co., ltd. among others.
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