The recently published BSRIA BACS (Building Automation Control Systems) North America – In-Depth Report shows that sales of total BACS products was at US$ 1,970 million, an increase of 2.5 per cent on 2015, while total Installed Systems sales was US$ 5,801 million.
The total value of service and maintenance was US$ 2,475 million, pushing the total value of BACS business in 2016 to US$ 8,276 million.
Zoltan Karpathy, Manager – Intelligent Buildings and Homes, BSRIA, said: “The main factors driving market growth have been the uptake of data analytics and concern over energy costs.
The general performance trend of the BACS industry has been closely related to USA’s and Canada’s economy and construction: as USA’s BACS market accounts for 86 per cent of North America, the effect of USA is much stronger than that of Canada. So looking at the overall picture, Canada’s slowdown in economy in the last two years is less visible. USA rebounded strongly from 2010, where recession and annual growth of the economy has generally oscillated within the range of 2-3 per cent.