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

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.

Global Building Automation Market Expected to Grow 60% in Next Decade

Global revenue from building automation systems is rising from $58.1 billion in 2013 to $100.8 billion by 2021 US market for building automation equipment to grow by over 40% over the next five years to reach $2.24 billion. The report forecasts an eight percent rise in prices for retail electrical power from 2012 to 2020.

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

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