The progressive, collective move towards green initiatives in every industry is giving way to a rapid expansion in the green building market. There is an increasing demand for energy-efficient lighting control solutions and building automation.
A new report by companiesandmarkets.com shows that the cost reduction benefits associated with the deployment of building automation and control systems are encouraging growth in the market. Two of the main driving forces behind this growth, which is expected to continue steadily over the reporting period, are safety and convenience; however, a lack of awareness of available technologies may restrain the market. “The future of the building automation and building control systems market may well be driven by the deployment of biometrics, which could enhance the security and safety features of existing and upcoming technologies,” reports MarketWatch.
The market for building automation systems has experienced a relatively slow growth, and has been impacted by the economic downturn. However, “recession and conflict always bring a re-evaluation of energy management and calls for new ways to ensure organizations and nations use energy more efficiently,” reports ABI Research. Because of this, the building automation systems market is expected to grow 3 percent globally from 2009 to 2015, when the total market is projected to reach a value of over $36 billion.
At Advanced Control Corporation, we have watched the market steadily increase even in today’s challenging times, an encouraging sign for the industry. Before it was “cool” to be “green”, ACC was developing environmentally-sound methods of building management and systems maintenance, and in doing so have become an industry leader. Advanced Control provides building automation in South Florida, as well as energy management, access control, CCTV solutions and more. For more information, call 954-491-6660 today.