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Market for Building Automation Systems to Top $36 Billion in 2015

In just five short years, the global market for building automation systems is expected to exceed $36 billion, according to a new study.

ABI Research released its study, "Energy Management and  Commercial Building Automation," yesterday.

The projected growth to more than $36 billion by 2015, represents a 3 percent increase since 2009.

The small but steady growth reflects the tendency for building owners and operators to "re-evaluate energy management and call for new ways to ensure organizations and nations use energy more efficiently," during a recession or times of economic conflict.

"Government financial incentives and regulations as well as organizations' own financial and environmental goals are coinciding with a drive to open up building automation systems to wider network management and integration, drawing companies such as IBM and Cisco into a market traditionally dominated by more specialist global companies such as Johnson Controls, Honeywell and others," ABI Research Principal Analyst Jonathan Collins said in a prepared statement.

Firms and organizations now in the arena include: 

  • AirTest Technologies Inc
  • Cisco Systems, Inc
  • Continental Automated Buildings Association (CABA)
  • Echelon Corporation
  • EnerNOC Inc
  • EnOcean GmbH
  • Green Building Certification Institute
  • Honeywell Building Control Systems
  • IBM Corporation
  • Invensys
  • Johnson Controls Inc
  • Scientific Conservation, Inc (SCI)
  • Siemens Building Technologies
  • Schneider Electric, formerly TAC
  • Trane Global Control Systems
  • Tridium Inc
  • ZigBee Alliance

Image Courtesy of ABI Research.



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