|By Business Wire||
|August 6, 2014 05:15 AM EDT||
As building automation and information technology converge, wireless technology is providing a range of potential benefits for commercial building owners and managers. While building automation and controls have been used for decades, wireless communication systems are becoming the catalyst for enabling more granular control over building systems, without many of the design and labor challenges involved with running traditional cabling to support communications and/or power. Click to tweet: According to a new report from Navigant Research, shipments of wireless control nodes for commercial buildings will grow from 12.9 million in 2014 to 57.4 million by 2023.
“The cost of wireless radios has come down enough that wireless versions of some products are being offered at the same price as wired versions,” says Benjamin Freas, research analyst with Navigant Research. “As a result, wireless deployments, which were previously limited to retrofits of existing buildings, now make sense in an increasing number and variety of projects, including new construction.”
A key driver for wireless deployments, according to the report, is intelligent lighting systems. The controllability of LED lighting and the density of devices of lighting systems make wireless an appealing option for control. According to the report, as smart lighting continues to gain acceptance, Navigant Research expects greater expansion into other controls segments, as wireless mesh networks established for lighting can also be leveraged by heating, ventilation, and air conditioning and by security and access control devices.
The report, “Wireless Control Systems for Smart Buildings”, examines the state of the global wireless building controls industry with a focus on commercial buildings and four system types: heating/ventilation/air conditioning, lighting, fire & life safety, and security & access. The report provides an analysis of the market drivers and opportunities, as well as technical challenges, related to wireless building controls. Global market forecasts for wireless node unit shipments and revenue, broken out by region, wireless technology, system, and device, extend through 2023. The report also examines the development of both propriety and standards-based wireless technologies and provides profiles of key industry players, including lighting controls vendors, wireless controls solutions providers, and enabling technology suppliers. An Executive Summary of the report is available for free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Smart Utilities, Smart Transportation, and Smart Buildings sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.
Navigant is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. More information about Navigant can be found at www.navigant.com.
* The information contained in this press release concerning the report, “Wireless Control Systems for Smart Buildings,” is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
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