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European Building Automation Systems Market
Frost & Sullivan, Aug 2011, Pages: 85
Energy Management Needs to Drive the Construction of Smart and Energy-efficient Buildings
The European building automation systems market is recovering from the slump it faced in 2009 due to the recession. While the recovery has been sharp, the market still needs to stabilise and expand its growth opportunities in emerging regions and end-user segments. In the meantime, the market will be driven chiefly by energy efficiency requirements and legislative support from EU Directives. “Energy efficiency is the key market driver for building automation systems,” notes the analyst of this research. “Energy management is the functional segment that will aid the growth of this market, especially following the implementation of EU Directives such as EPBD.”
In the wake of a positive performance in 2010, the building automation systems market is to be led by energy management and lighting solutions, while the prevalent heating, ventilation and air conditioning (HVAC) automation systems will continue to play an important role. Among end users, office complexes will continue to be the key segment that manufacturers need to address, although public buildings and education centres are fast emerging as important growth segments.
High Installation Costs Restrain Adoption
The high investment required for building automation system installation has restricted its penetration, especially in existing buildings. Although the ratio of new and existing buildings is gradually balancing out, demand is still skewed, given the number of existing buildings versus new construction. “While the payback period on investment is expected to decline in the future, the initial investment required, especially in existing buildings, is often high,” remarks the analyst. “This is due to the need to replace existing systems and devices, where they are not compatible and to update the communication technology between devices.” The burden of investment has been more sharply felt during the recession, when both private and public expenditure on automation systems declined. The inertia of the recession is anticipated to dampen the compound annual growth rate.
The adoption of open systems and prospect of cost saving on energy expenditure will be important to overcome the price barrier. Inviting interest through an efficient system that can yield returns on investment in a short period, especially with the rising energy prices, is the way forward. “Manufacturers should design efficient systems that address high energy consuming devices for each building, while ensuring that the building automation system itself does not consume too much power,” advises the analyst. “Manufacturers also need to work on adopting suitable distribution channels in each country geared to the domestic market and create a pool of skilled labour for installation and service.”
Market Sectors:
Expert Frost & Sullivan analysts thoroughly examine the following countries in this research:
Germany
The United Kingdom
France
Italy
Spain
Scandinavia
Benelux
Rest-of-Europe
By End-user:
Retail buildings
Office buildings
Industrial buildings
Public buildings
Entertainment buildings
Education buildings
Life sciences and healthcare buildings
Specialty and other buildings
By Building Function:
HVAC and sanitation
Energy management and lighting
Fire and life safety
Security and alarm
Structural systems
This Frost & Sullivan research service titled European Building Automation Systems Market provides a comprehensive examination of the market, including key industry challenges and market drivers and restraints. It also offers an analysis of the competitive landscape and geographic trends. In this research, Frost & Sullivan's expert analysts thoroughly examine the following countries: Germany, the United Kingdom, France, Italy, Spain, Scandinavia, Benelux and Rest-of-Europe. The research covers the following building functions: HVAC and sanitation, energy management and lighting, fire and life safety, security and alarm and structural systems. It covers building automation systems for the following end–user segments: retail and hospitality, industrial, public, education centres, life sciences and healthcare, entertainment, office complexes and specialty and others.
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