Market Share of United States Commercial Building Automation Systems Industry
The United States commercial building automation systems market is moderately competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. The major players in the United States market are ABB, Siemens, Schneider Electric, Emerson Electric is Texas Instruments. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries. Companies are also increasing their market presence by introducing new products, expanding their operations, or entering into strategic mergers and acquisitions.
- November 2020: Schneider Electric announced an additional USD 40 million investment toward modernizing its United States manufacturing plants in Iowa, Kentucky, Nebraska, and Texas. The money will go towards innovative technologies and new product lines that will help increase Schneider Electric's capacity of operations in the United States for its customers and further develop its local workforce.
- October 2020: Texas Instruments introduced a new Ethernet physical layer (PHY) for factory and building automation applications. The product can transmit 10-Mbps Ethernet signals up to 1.7 km through a single pair of twisted wires. The DP83TD510E helps designers implement a single communications network, from the controller to the edge node, transmitting full-duplex data over a single pair of twisted wires.
US Commercial Building Automation Market Leaders
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Siemens
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Emerson Electric Co
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ABB
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Schneider Electric
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Texas Instruments Inc
*Disclaimer: Major Players sorted in no particular order