The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

BACS to the Future

18 September 2015 | Updated 01 January 1970
 

The world Building Automation & Control Systems (BACS) market is expected to be worth just over US$26 billion by 2019 reports BSRIA. The figures come in report from its World Market Intelligence recently published report.

It reveals that currently there are a small but growing number of BACS systems with data analytics/Building Energy Management Systems (BEMS) across all geographical areas. There is a slow trend of BACS data analytics/BEMS migrating to the Cloud. The IT industry is also slowly entering the data analytics/BEMS market.

In some countries, the role of system integrators and control contractors has become more important, whereas in other countries, manufacturers are increasingly providing value-added service directly.

The Total World BACS market is expected to grow by almost 4% per annum to account for just over US$26 billion in 2019.

Growth slowing

The growth of the BACS market in Brazil, Russia, India and China (BRIC) has slowed down, mainly due to falling oil prices as well as political-economic developments. The previously well performing Brazilian economy and construction market (leading up to the Rio 2016 Summer Olympic Games) led to a good performance of the BACS market in 2014 Nevertheless, the economic recession and the corruption scandals affecting the construction market are expected to have a negative impact on the BACS segment at least until 2017.

The Total World BACS market saw an annual growth rate of 2.7% between 2012 and 2014 to reach US$21.8 billion. Products account for around a third with value-add for 44% and service and maintenance for the rest. North America accounts for 26% of the BACS product market, while Europe’s share is 38% (including Turkey and Russia). Asia-Pacific (including China and India) accounts for around 20%, leaving the share of Middle East & Africa at around 15%.

The BACS markets of the remaining three members of the BRIC country group (Russia, India and China), alongside Turkey, Saudi Arabia and UAE are predicted to grow the fastest in the next five years.

“Research in North America shows that some independent contractors and system integrators exclusively focus on a single brand,” explained Jeremy Towler, Manager for energy and smart technologies, BSRIA. “In Europe value-add and service is increasing its role due to energy saving, dominated by specialist installers (except in Spain, Italy and Turkey).”

Mr Towler also mentioned that in China and India the segment is also dominated by independent system integrators/contractors. The situation is similar in the Middle East and Africa, where small independent system integrators are competing with some large system integrators in this growing sector.

Picture: Jeremy Towler, BSRIA – “Research in North America shows that some independent contractors and system integrators exclusively focus on a single brand.”

Article written by Robin Snow | Published 18 September 2015

Share



Related Articles

New Appointments in Facilities Management – February 2021

This month has seen new appointments at Bidvest Noonan, BSRIA and Business Moves Group.       Bidvest Noonan Appoints Technology Solutions...

 Read Full Article
Engineering Services Join Forces for Change in Built Environment 

Eight organisations in the built environment sector are forming an alliance to champion sustainable change in the industry. The new alliance brings together the...

 Read Full Article
Megatrends - Globalisation And Building Services

In the last of its series of four 'Megatrends' White Papers, BSRIA has explored how globalisation is affecting almost every aspect of life and business - and...

 Read Full Article
Soft Landings And BFM At A Glance

BSRIA has launched a free to download topic guide on Soft Landings and Business-Focused Maintenance. The guidance gives readers a glimpse of the subject and recommends...

 Read Full Article
Apprentices - Grab 'Em While They're Hot

With surveys repeatedly highlighting that the construction industry is not attracting enough talent to meet growing demand, BSRIA is calling on the industry to make the...

 Read Full Article
Building Services Explained

BSRIA will be staging 'Building Services Explained', aimed at people who manage, operate or maintain buildings. The course will run both in BSRIA’s...

 Read Full Article
Get The Inside Out

A mental health awareness campaign has returned to our TV screens; one organisation is saying wellbeing - and particularly air quality - is the new bottom line; another...

 Read Full Article
Officers of Distinction

The British Security Industry Association's Security Personnel Awards has seen Securitas staff recognised in three categories. Meanwhile, three Axis Security Officers...

 Read Full Article
England's Heroes

England's finest FM firms have held their nerve as the Grant Thornton accountancy firm scores an energy deal with Engie; Metrus the property advisor will show a...

 Read Full Article
An Excellent Time For FM To Be Sure, To Be Sure To Be Sure

The slightly strange concept that is the British Institute of Facilities Management Ireland has opened its nominations for it Awards programme; BSRIA has undertaken a...

 Read Full Article