Operational costs savings and energy efficiency are major drivers of BAS installations and retrofits. Industry surveys have determined that building owners and managers are realizing the many financial benefits of intelligent technologies, such as lower energy costs, lower maintenance costs and lower repair and replacement costs.

The U.S. market for building automation equipment is set to grow by more than 40 percent within a five-year period ending in 2017, spurred by the need in commercial buildings for more efficient energy consumption, according to a report from IHS Inc. released in late 2013, and is a “must watch” growth opportunity for integrators.