Building Automation Sensors and Digital Technology Market Analysis Report 2023: The Need to Improve Indoor Air Quality, Occupancy Sensing, and AI and Digital Twin are Driving Growth

Building automation is becoming increasingly reliant on sensor technologies and digital services. Buildings now utilize sensors to collect data on various operational and environmental factors such as temperature, humidity, light levels, occupancy, and energy consumption.

This data can then be leveraged to enhance building performance in numerous ways, including creating comfortable and healthy indoor environments, managing emergencies effectively, and enabling remote monitoring and control.

The building industry has witnessed a multitude of technological advancements, with the Internet of Things (IoT), cloud computing, Big Data analytics, and machine learning playing pivotal roles in achieving building automation objectives. Sensors have rapidly evolved and are making a significant impact globally as organizations continue to introduce innovative products.

By leveraging Big Data analytics software alongside various sensor technologies, buildings can achieve fully automated and optimized performance. Sensors equipped with computational and communication capabilities enable cost-effective structural health monitoring of civil infrastructure on a larger scale. Smart CO2 sensors, for instance, enable demand-controlled ventilation based on the occupancy of different areas.

The integration of information technology (IT) and operational technology (OT) through data analytics facilitates resource optimization and maintenance. This integration not only enhances efficiency and cost savings but also ensures the satisfaction of building occupants, emphasizing the value of intelligent systems.

Smart sensors are undergoing rapid advancements, with developed economies like North America leading the adoption trend. In Europe, stringent energy efficiency goals are driving the development of building automation technologies. The Asia-Pacific region is experiencing the fastest growth in building automation, driven by the increasing demand for convenience and comfort in buildings, industry requirements, and geopolitical factors.