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    South Korea Building Automation System Market

    ID: MRFR/SEM/47054-HCR
    200 Pages
    Garvit Vyas
    September 2025

    South Korea Building Automation System Market Research Report By Offering (Facility Management System, Security & Access Controls, Fire Protection Systems, BEM Software, BAS Services), By Communication Technology (Wireless Technology, Wired Technology) and By Application (Commercial, Residential, Industrial)- Forecast to 2035

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    South Korea Building Automation System Market Research Report - Forecast till 2035 Infographic
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    Table of Contents

    South Korea Building Automation System Market Summary

    The South Korea Building Automation System market is projected to grow significantly from 2.2 USD billion in 2024 to 5 USD billion by 2035.

    Key Market Trends & Highlights

    South Korea Building Automation System Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 7.75 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 5 USD billion, indicating robust growth potential.
    • In 2024, the market is valued at 2.2 USD billion, reflecting a solid foundation for future expansion.
    • Growing adoption of smart technologies due to increasing energy efficiency demands is a major market driver.

    Market Size & Forecast

    2024 Market Size 2.2 (USD Billion)
    2035 Market Size 5 (USD Billion)
    CAGR (2025-2035) 7.75%

    Major Players

    Honeywell, Hitachi, Samsung C&T, Bosch, LG Electronics, Siemens, Johnson Controls, Emerson, Toshiba, KACCESS, Daikin, Trane, Mitsubishi Electric, Schneider Electric

    South Korea Building Automation System Market Trends

    In terms of opportunities, the Korea market is still in the infancy stage, which makes it easier for new companies to enter the market.

    With consumers' and businesses' growing preferences for technology and the internet, building automation creates an opportunity for automation companies to design and implement easy-to-use systems that promote comfort, security, and efficient operations. The increase in the need for residential automation systems is also remarkable as more homeowners want an all-in-one system for lighting, heating, and security. Current trends indicate a movement towards higher levels of interoperability where systems are built to integrate with other systems. The application of AI and machine learning into automation systems enable predictive maintenance, personalized controls, and a better user experience.

    In addition, as Korea's construction industry develops, especially in the metropolitan areas, there is a greater demand for systems that can effectively manage sophisticated building operations. All in all, Korea currently is trying to improve its Building Automation Systems in order to integrate more recent technologies which aligns with the country’s sustainability objectives.

    South Korea Building Automation System Market Drivers

    Market Segment Insights

    Building Automation System Market Offering Insights

    The South Korea Building Automation System Market is witnessing a significant transformation, particularly around the Offering segment, which encompasses various integral components such as Facility Management System, Security and Access Controls, Fire Protection Systems, Building Energy Management Software (BEM Software), and Building Automation System (BAS) Services. The Facility Management System plays a critical role in optimizing operational efficiency and enhancing tenant satisfaction by streamlining various building operations, from space management to asset tracking.This growing emphasis on sustainable practices and efficient energy use is driving demand for innovative solutions in this realm.

    Security and Access Controls have also gained prominence, with increasing concerns over safety and the need for advanced surveillance techniques, thus ensuring safety for occupants while safeguarding property. 

    Additionally, Fire Protection Systems are essential for adhering to stringent safety regulations, as South Korea’s real estate sector prioritizes the implementation of effective fire safety measures. Meanwhile, BEM Software is becoming increasingly important as buildings aim to minimize energy consumption and optimize performance through robust analytical tools, providing significant cost savings and environmental advantages.BAS Services complement these core offerings, especially in enhancing system interoperability and providing ongoing support, crucial for maintaining seamless communication between different building systems. 

    Overall, the South Korea Building Automation System Market segmentation reveals a dynamic landscape that adapts to the evolving demands for efficiency, safety, and sustainability, promoting innovative solutions tailored to modern building needs. With continuous advancements in technology and a strong push from government initiatives, the market's growth trajectory is expected to be robust, indicating promising opportunities for stakeholders across various segments within this industry.

    Building Automation System Market Communication Technology Insights

    The Communication Technology segment within the South Korea Building Automation System Market plays a critical role in enhancing the efficiency and intelligence of building operations. This segment encompasses both Wireless Technology, which offers flexibility and ease of installation, and Wired Technology, known for its reliability and high-speed data transmission. As South Korea advances in smart city initiatives and sustainable development, the adoption of advanced communication technologies has become increasingly significant. Wireless Technology, for instance, allows seamless integration of devices, enhancing automation capabilities and contributing to energy efficiency in buildings.

    On the other hand, Wired Technology remains essential for applications requiring stable connections, particularly in sectors like commercial buildings and industrial facilities. The emphasis on smart infrastructure and the growing demand for energy-efficient solutions are driving the expansion of these communication technologies in South Korea, creating numerous opportunities for innovation and development. The increasing prevalence of Internet of Things (IoT) solutions further emphasizes the importance of robust communication frameworks, which are vital for the effective operation of various automation systems, thereby shaping the South Korea Building Automation System Market landscape.

    Building Automation System Market Application Insights

    The Application segment of the South Korea Building Automation System Market is characterized by its significant contributions from various sectors, including Commercial, Residential, and Industrial. The growth of smart buildings in urban areas is driving demand in the Commercial sector, where energy efficiency and occupant comfort are critical. Enhanced automation technologies enable businesses to optimize operations and reduce costs. In the Residential sector, the increasing adoption of smart home technologies is fueling interest, as consumers seek convenience and energy savings through advanced automation systems.

    The Industrial application, crucial for manufacturing and large-scale operations, emphasizes safety and efficiency, utilizing automation to control complex processes and enhance productivity. Trends such as the rising need for energy management systems and regulatory support for sustainable practices further boost this segment's growth, making it a vital part of the overall South Korea Building Automation System Market landscape. As urbanization continues to rise in South Korea, these applications are likely to become even more integral in meeting both environmental targets and enhancing living standards.

    Get more detailed insights about South Korea Building Automation System Market Research Report - Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Building Automation System Market has experienced significant growth over the past few years, driven by an increasing demand for energy efficiency, enhanced security, and improved operational management within buildings. As urbanization accelerates and smart city initiatives gain momentum, numerous companies are vying for market share by providing advanced technologies and services that optimize building operations. The competitive landscape is characterized by both local and international players, each offering innovative solutions tailored to meet the unique needs of the South Korean market.

    Key drivers include stringent government regulations promoting energy efficiency and a rising trend towards integrated building management systems.

    Honeywell has established a robust presence in the South Korea Building Automation System Market, recognized for its innovative approach and comprehensive solutions that encompass energy management, security, and comfort systems. The company's strong reputation is rooted in its ability to integrate technologies that enhance building efficiency while ensuring safety and comfort for occupants. Honeywell’s advanced offerings in building automation, such as HVAC control and lighting management systems, are tailored to meet the specific demands of South Korean businesses and residential spaces.

    The company has invested significantly in research and development within the region, enabling it to leverage local insights and provide customized solutions that resonate with customers. 

    Furthermore, strategic partnerships and collaborations with local entities have bolstered Honeywell's market position, allowing for seamless service delivery and customer support.Hitachi actively participates in the South Korea Building Automation System Market with a strong emphasis on smart building technologies that address operational efficiency and sustainability. The company offers a range of solutions, including energy management systems, security solutions, and intelligent building management platforms designed to streamline building operations. Hitachi’s commitment to innovation is reflected in its continuous investment in the development of advanced technologies tailored specifically for the South Korean market. 

    The company has also been involved in various mergers and acquisitions that further enhance its capabilities and market presence in the region. By aligning its product offerings with local market demands, Hitachi has positioned itself as a formidable competitor, leveraging its expertise to provide scalable solutions that support the growth of smart buildings in South Korea.

    Key Companies in the South Korea Building Automation System Market market include

    Industry Developments

    The South Korea Building Automation System Market has been experiencing significant developments recently. Companies such as Honeywell, Siemens, and LG Electronics are actively enhancing their offerings, focusing on energy efficiency and sustainability due to increasing energy regulations from the South Korean government. In September 2023, Johnson Controls announced the integration of its smart building technologies with LG's HVAC solutions, aiming to improve energy management in commercial buildings. 

    Additionally, Bosch announced the completion of its acquisition of a local specialist firm to expand its smart building portfolio in August 2023. The market is also witnessing substantial growth with revenues projected to reach USD 3 billion by 2025, driven by rising demand for automation in commercial infrastructures. Between 2021 and 2023, there was an observed surge in investments in Research and Development across major players such as Mitsubishi Electric and Emerson, further accelerating the pace of innovation. The adoption of IoT technologies in building management systems is seen as a key trend in enhancing operational efficiency.

    This evolving landscape showcases South Korea's commitment to advanced building technologies, aligning with its broader goals of smart city development and sustainability.

    Market Segmentation

    Outlook

    • Facility Management System
    • Security & Access Controls
    • Fire Protection Systems
    • BEM Software
    • BAS Services

    Building Automation System Market Offering Outlook

    • Facility Management System
    • Security & Access Controls
    • Fire Protection Systems
    • BEM Software
    • BAS Services

    Building Automation System Market Application Outlook

    • Commercial
    • Residential
    • Industrial

    Building Automation System Market Communication Technology Outlook

    • Wireless Technology
    • Wired Technology

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 1.88 (USD Billion)
    MARKET SIZE 2024 2.2 (USD Billion)
    MARKET SIZE 2035 5.0 (USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 7.749% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Honeywell, Hitachi, Samsung C and T, Bosch, LG Electronics, Siemens, Johnson Controls, Emerson, Toshiba, KACCESS, Daikin, Trane, Mitsubishi Electric, Schneider Electric
    SEGMENTS COVERED Offering, Communication Technology, Application
    KEY MARKET OPPORTUNITIES Smart city initiatives, Energy efficiency mandates, IoT integration growth, Aging infrastructure modernization, Rising demand for security systems
    KEY MARKET DYNAMICS growing energy efficiency demand, smart city initiatives, government regulations compliance, increasing IoT integration, rising construction infrastructure investment
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

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    FAQs

    What is the expected market size of the South Korea Building Automation System market in 2024?

    The South Korea Building Automation System market is expected to be valued at 2.2 billion USD in 2024.

    What will be the projected market size of this industry by 2035?

    By 2035, the South Korea Building Automation System market is anticipated to reach 5.0 billion USD.

    What is the expected compound annual growth rate (CAGR) for the South Korea Building Automation System market from 2025 to 2035?

    The market is expected to grow at a CAGR of 7.749% from 2025 to 2035.

    Who are the key players in the South Korea Building Automation System market?

    Major players include Honeywell, Hitachi, Samsung C and T, Bosch, LG Electronics, Siemens, Johnson Controls, Emerson, Toshiba, KACCESS, Daikin, Trane, Mitsubishi Electric, and Schneider Electric.

    What will be the market value of Facility Management Systems by 2035?

    Facility Management Systems are projected to be valued at 1.9 billion USD by 2035.

    How much is the Security & Access Controls segment expected to be valued in 2024?

    The Security & Access Controls segment is expected to reach 0.5 billion USD in 2024.

    What is the forecasted value of the Fire Protection Systems segment by 2035?

    The Fire Protection Systems segment is anticipated to be valued at 0.9 billion USD by 2035.

    What growing opportunities exist in the South Korea Building Automation System market?

    There are growing opportunities in areas like smart buildings, energy efficiency enhancements, and advanced security systems.

    How does the expected growth rate of the South Korea Building Automation System market compare with other regions?

    The South Korea market is poised for significant growth, with a CAGR of 7.749% which is competitive on a global scale.

    What is the projected value of BEM Software in 2035?

    BEM Software is expected to be valued at 0.7 billion USD by 2035.

    1. 'TABLE OF CONTENTS
    2. EXECUTIVE SUMMARY
      1. Market Overview
      2. Key Findings
      3. Market Segmentation
      4. Competitive Landscape
      5. Challenges and Opportunities
      6. Future Outlook
    3. MARKET INTRODUCTION
      1. Definition
      2. Scope of the study
        1. Research
    4. Objective
      1. Assumption
        1. Limitations
    5. RESEARCH METHODOLOGY
      1. Overview
      2. Data Mining
      3. Secondary Research
    6. Primary Research
      1. Primary Interviews and Information Gathering Process
        1. Breakdown of Primary Respondents
      2. Forecasting Model
    7. Market Size Estimation
      1. Bottom-Up Approach
        1. Top-Down Approach
      2. Data Triangulation
      3. Validation
    8. MARKET DYNAMICS
      1. Overview
      2. Drivers
      3. Restraints
      4. Opportunities
    9. MARKET FACTOR ANALYSIS
      1. Value chain Analysis
      2. Porter''s
    10. Five Forces Analysis
      1. Bargaining Power of Suppliers
        1. Bargaining
    11. Power of Buyers
      1. Threat of New Entrants
        1. Threat of Substitutes
        2. Intensity of Rivalry
      2. COVID-19 Impact Analysis
    12. Market Impact Analysis
      1. Regional Impact
        1. Opportunity and
    13. Threat Analysis
    14. SOUTH KOREA BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING
    15. (USD BILLION)
      1. Facility Management System
      2. Security & Access
    16. Controls
      1. Fire Protection Systems
      2. BEM Software
      3. BAS
    17. Services
    18. SOUTH KOREA BUILDING AUTOMATION SYSTEM MARKET, BY COMMUNICATION
    19. TECHNOLOGY (USD BILLION)
      1. Wireless Technology
      2. Wired Technology
    20. SOUTH KOREA BUILDING AUTOMATION SYSTEM MARKET, BY APPLICATION (USD BILLION)
      1. Commercial
      2. Residential
      3. Industrial
    21. COMPETITIVE LANDSCAPE
      1. Overview
      2. Competitive Analysis
      3. Market
    22. share Analysis
      1. Major Growth Strategy in the Building Automation System
    23. Market
      1. Competitive Benchmarking
      2. Leading Players in Terms of
    24. Number of Developments in the Building Automation System Market
      1. Key developments
    25. and growth strategies
      1. New Product Launch/Service Deployment
    26. Merger & Acquisitions
      1. Joint Ventures
      2. Major Players Financial
    27. Matrix
      1. Sales and Operating Income
        1. Major Players R&D
    28. Expenditure. 2023
    29. COMPANY PROFILES
      1. Honeywell
    30. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Hitachi
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key Strategies
      3. Samsung C and
    31. T
      1. Financial Overview
        1. Products Offered
    32. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    33. Bosch
      1. Financial Overview
        1. Products Offered
    34. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    35. LG Electronics
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. Siemens
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key Strategies
      3. Johnson Controls
        1. Financial Overview
        2. Products
    36. Offered
      1. Key Developments
        1. SWOT Analysis
    37. Key Strategies
      1. Emerson
        1. Financial Overview
    38. Products Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key Strategies
      2. Toshiba
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key Strategies
      3. KACCESS
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    39. Analysis
      1. Key Strategies
      2. Daikin
        1. Financial
    40. Overview
      1. Products Offered
        1. Key Developments
    41. SWOT Analysis
      1. Key Strategies
      2. Trane
        1. Financial
    42. Overview
      1. Products Offered
        1. Key Developments
    43. SWOT Analysis
      1. Key Strategies
      2. Mitsubishi Electric
        1. Financial Overview
        2. Products Offered
        3. Key
    44. Developments
      1. SWOT Analysis
        1. Key Strategies
    45. Schneider Electric
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key
    46. Strategies
    47. APPENDIX
      1. References
      2. Related Reports
    48. SOUTH KOREA BUILDING AUTOMATION SYSTEM MARKET SIZE ESTIMATES & FORECAST, BY
    49. OFFERING, 2019-2035 (USD BILLIONS)
    50. SYSTEM MARKET SIZE ESTIMATES & FORECAST, BY COMMUNICATION TECHNOLOGY, 2019-2035
    51. (USD BILLIONS)
    52. ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD BILLIONS)
    53. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    54. SOUTH KOREA BUILDING AUTOMATION SYSTEM MARKET ANALYSIS BY OFFERING
    55. SOUTH KOREA BUILDING AUTOMATION SYSTEM MARKET ANALYSIS BY COMMUNICATION TECHNOLOGY
    56. RESEARCH PROCESS OF MRFR
    57. SYSTEM MARKET
    58. MARKET
    59. BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2025 (% SHARE)
    60. BUILDING AUTOMATION SYSTEM MARKET, BY OFFERING, 2019 TO 2035 (USD Billions)
    61. (% SHARE)
    62. TECHNOLOGY, 2019 TO 2035 (USD Billions)
    63. MARKET, BY APPLICATION, 2025 (% SHARE)
    64. MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    65. OF MAJOR COMPETITORS'

    South Korea Building Automation System Market Segmentation

    • Building Automation System Market By Offering (USD Billion, 2019-2035)

      • Facility Management System
      • Security & Access Controls
      • Fire Protection Systems
      • BEM Software
      • BAS Services

     

    • Building Automation System Market By Communication Technology (USD Billion, 2019-2035)

      • Wireless Technology
      • Wired Technology

     

    • Building Automation System Market By Application (USD Billion, 2019-2035)

      • Commercial
      • Residential
      • Industrial
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