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The most advanced facility management systems use the building automation and control network protocol and ZigBee Building Automation standards. Wireless building management technologies also meet the Institute of Electrical and Electronics Engineers (IEEE) standards, which make sure that the wireless BAS system will coexist with other wireless communications systems used in the building, including Bluetooth and Wi-Fi. Growing awareness regarding energy conservation, stringent legislation and building directives, promotion of numerous smart grid technologies, and availability of a number of open protocols are further driving the growth of the building automation market. Story continues
Building automation end-use is expected to hold the second-largest share of the wireless connectivity market in 2020 High power consumption by wireless sensors, terminals & connected devices, and lack of uniform communication standards act as restraints for the Wireless Connectivity market.
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The increasing demand for energy-efficient solutions, enhanced security, increased venture capital funding, and constant need for improving living standards have fueled the growth of the building automation market. Building automation, which started with wired technology, has now entered the era of wireless technology with technologies such as ZigBee, Z-wave, EnOcean, Wi-Fi, and Bluetooth Smart revolutionizing the market. The major factors driving the wireless connectivity industry growth are increased demand for wireless sensor networks in the development of smart infrastructure, a significant increase in the internet penetration rate, growth in adoption of the internet of things (IoT), increasing trends like work from home and virtual learning pertaining to the COVID-19 pandemic, increased demand for low-power wide-area (LPWA) networks in the IoT applications.
LoRa technology is developed and promoted by the LoRa Alliance. The alliance is an open, non-profit association that was initiated by various companies to standardize LPWAN technologies. The founding members of the LoRa Alliance include Actility (France), Cisco (US), IBM (US), Semtech (US), and other leading telecom operators. LoRa is a chirp-based, spread-spectrum technology that uses a wider bandwidth and takes a broader spectrum compared to SigFox. Thus, it is more suitable for applications that demand higher bandwidths. Wi-Fi enabled chipset is expected to hold the largest market share in terms of volume in 2020 Low-power wide-area network uses both licensed and unlicensed spectrums. SigFox and LoRa are the most widely used LPWAN technologies in an unlicensed spectrum, while NB-IoT and LTE Cat-M1 are the 2 most widely used technologies in a licensed spectrum. The extremely low power consumption and the ability of non-line-of-sight communication make LPWAN technologies ideal for industrial IoT applications.
LPWAN enabled chipset is projected to be fastest-growing segment by type during the forecast period Adhering to various industry standards ensures that the BAS technologies provide secure and reliable wireless monitoring and control over today’s hospital and school building systems and those that will be developed in the years to come.
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- Global Wireless Connectivity Market Report 2020-2025
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