Building Automation Systems Market Growth: Why Energy Efficiency Is...

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2026-08-30 20:29:18 -

Building Automation Systems Market Growth: Why Energy Efficiency Is Driving Smart Building Adoption

According to a new report by Polaris Market Research, the global Building Automation Systems market was valued at USD 97.41 billion in 2024 and is projected to reach USD 296.91 billion by 2034, expanding at a CAGR of 11.8% over the forecast period. Growth is underpinned by rising adoption of IoT and AI technologies, expanding urbanization, and accelerating government regulation around energy...

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