Building automation may grow to $118.7 billion by 2026
The global intelligent building automation technologies segment was valued at $ 61.2 billion in 2017, in terms of revenue, it dominated the global market. North America is expected to be the leading contributor to the global market revenue during the forecast period.
The major driving factor for the intelligent building automation technologies market is the increasing need of infrastructure with reduced carbon dioxide emissions, which further triggers governments to provide more incentives as the trend of smart-cities is on a rise. IBAT also has become a differentiator in the real estate business as it conforms with improved safety and security systems.
North America generated the highest revenue in the market in 2017 and is expected to lead the global market throughout the forecast period.
The IBAT aims to reduce operational costs substantially through the integration of IoT platforms. Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of Intelligent Building Automation Technologies. Growing concerns regarding the environment, depleting fuel resources, and the increasing need to reduce energy consumption further support the growth of the intelligent building automation technologies market.
Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Increasing investments by vendors in technological advancements coupled with research and development further boost the market growth.
Commercial buildings are adopting Intelligent Building Automation Technologies owing to stringent government regulations, and the need to reduce operation costs.
Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand
Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..
Terex launches TRAC vibration analysis system
Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..
ADIO partners Motherson to set up large automotive components hub in KEZAD
The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..
Latest Updates
