This free webinar provides an overview Covid-19's impact on the building automation market. The Webinar will also look at key changes and trends including the uptake of convergence/IoT devices in commercial buildings. Please book now to reserve a place.
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The most important vertical markets for building automation systems (BACS) are office buildings, education, health, manufacturing, retail and hotels. These verticals combined accounted for 70% of building automation products’ revenue in 2019. Several of these verticals have been severely affected by the pandemic such as offices, retail, hotels and non-essential manufacturing, accounting for over 35% of the revenue. Software, sensors and non-HVAC controllers experienced higher than average growth up to March 2020, as BACS solutions are increasingly expanding out from their traditional role in managing HVAC to embrace other areas of building technology. The post pandemic environment will need to offer a higher level of safety and control of buildings which might boost sales of software, sensors and access control systems.