Study: Global expansion for BAS products

A study by ABI Research suggests that BAS products will be expanding into Australia and much of Asia by 2016.

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In Business Wire article, North America and Europe still remain the global leaders for building automation system (BAS) products. Other regions, however are starting to show signs of growth, according to a study by ABI Research. Growth, particularly in Asia and the Pacific, will be the largest in the next several years. Total revenue is expected to be over $32 billion in 2011 and increase to $37 billion in 2016.

Notable pockets of growth in Asia and the Pacific, according to ABI, include Australia, which has established a National Buildings Framework to establish consistency in energy efficiency. China, also, has made energy efficiency a priority with their new economic plan.

While the study by ABI is only forecasted to 2016, the study does suggest that BAS will be very much a global concept with China, the world’s second-biggest economy, leading the charge and trying to set an example for the rest of the region and having plenty of money with which to do it.

- Edited by Chris Vavra, Consulting-Specifying Engineer, www.csemag.com