HVAC Breaking News / News

Dec. 28, 2011: Building Automation Market Reaches $1.7 Billion in the Americas in 2010

December 28, 2011
/ Print / Reprints /
/ Text Size+
WELLINGBOROUGH, United Kingdom — According to a new report by IMS Research, the building automation controllers, software, and sensors market in the Americas totaled $1.7 billion last year. The report finds that companies are increasingly improving the energy efficiency of their buildings by using building automation systems.

“Whilst the construction market has faltered through the tough economic climate, IMS Research forecasts the building automation market to outpace construction market forecasts as business and governments alike look to improve the efficiency of their buildings,” said William Rhodes, market analyst at IMS Research.

Building automation systems can be installed in new and existing buildings enabling HVAC and other systems to communicate with each other. This ensures they run as efficiently as possible, saving the company money. Building automation equipment companies interviewed by IMS Research for the report indicated automated buildings can realize energy cost savings ranging from 10 percent to 40 percent annually.

Currently, most new large buildings have building automation systems installed. However, one of the key growth areas for the market is retrofitting existing buildings with automation systems.

An example of the commitment towards greater efficiencies in buildings is U.S. Presidential Order 13423. Signed in October 2009, it recognizes the federal government as one of the largest consumers of energy in the U.S. and states the federal government will lead by example and make improvements to the environmental and energy performance of its nearly 500,000 buildings.

Publication date: 12/26/2011

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.



Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.


NEWSMakers: Joseph Groh

Joseph Groh, an industry veteran boasting 35 years of HVAC experience, discusses the 2008 bicycle accident that cut his career tragically short, and how the Joseph S. Groh Foundation is his way of giving back to the construction trade. Posted on Aug. 22.

More Podcasts


NEWS 08-25-14 cover

2014 August 25

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Prohibiting HFCs

EPA is proposing a rule that would prohibit some HFCs in select refrigeration applications. Do you agree with this move?
View Results Poll Archive


2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research


Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Magazine image
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.


facebook icontwitter iconyoutube iconLinkedIn i con