Changes in the building industry

The building stock is currently undergoing tremendous growth, particularly in developing Asia Pacific nations. A report from Pike Research showed that aggressive energy efficiency goals within the building stock will drive revolutionary change in building automatic systems (BAS) and transform building industry over the next decade. The spread of sophisticated building automation systems (BAS) and building data is helping drive growth in intelligent and energy-sufficient building. But despite this significant growth and the publicity, green construction and technology still only accounts for a small percentage of the commercial building stock worldwide.

But the cleantech market intelligence firm forecasts that the market for building automation systems will probably double over the next decade. Senior analyst Eric Bloom said that there will be changes across the building industry worldwide because of technologic advances and government policies. An example is China, now the highest growing market in the world. China will be challenged to build a more efficient infrastructure, even if it their amount of new space will be equivalent to the entire building stock of the Netherlands. Demand for sophisticated automation and control solutions will be driven by building codes and energy management technologies in China and other countries.

There are a few international, diversified system providers that are now leading the building automation systems market. These leaders are JCI, Honeywell, Siemens, Schneider Electric, United Technologies Corporation (UTC) and Tyco. The analysis of Pike research predicts that these companies will be challenged by commercial property management firms, IT and business process outsourcing providers and major building portfolio owners. These will probably become partners because they need to provide complete building and energy managements services.

‘Commercial Building Automation Systems’, the report by Pike Research, analyzes the global market for commercial building automation and management systems. Systems include security, access, HVAC controls, fire safety, life safety, building management systems and lighting controls. The study looks at what will affect the adoption and success of these systems by examining current market conditions and looking at the competitive landscape and technology issues. They forecasted what the market will look like by 2012 for seven global regions and five key market segments.  A summary of the report, with more information and numbers,  is downloadable for free on the firm’s website.