South Korea Building Automation Systems Market Size, Share, and COVID-19 Impact Analysis, By Offering (Facility Management System, Security & Access Controls, Fire Protection Systems, BEM Software, and BAS Services), By Product Type (Hardware, Software, and Services), By System Type (Security & Surveillance, HVAC, Lighting Solutions, BEMS, and Others), By Application (Commercial (Office Buildings, Retail Malls, Hotels, Hospitals) Residential, and Industrial (Manufacturing Plants, Warehouses)), and South Korea Building Automation System Market Insights, Industry Trend, Forecasts to 2035

South Korea Building Automation Systems Market Insights Forecasts to 2035

• The South Korea Building Automation Systems Market Size Was Estimated at USD 1.85 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 7.83 % from 2025 to 2035
• The South Korea Building Automation Systems Market Size is Expected to Reach USD 4.24 Billion by 2035

According to a research report published by Spherical Insights & Consulting, The South Korea Building Automation Systems Market Size is anticipated to reach USD 4.24 billion by 2035, growing at a CAGR of 7.83% from 2025 to 2035. The growing need for energy efficiency, the growth of smart infrastructure, government programs, and technological developments in IoT and AI integration in commercial buildings all create opportunities for the South Korea building automation system market.  

Market Overview   

The sector devoted to the creation, deployment, and upkeep of intelligent systems intended to regulate and observe diverse building functions is known as the South Korea building automation system market. The purpose of these systems is to improve operational efficiency, occupant comfort, and energy conservation by integrating technologies like lighting, security, HVAC, and energy management, and HVAC onto a single platform. Real-time data analytics and remote system control are made possible by the convergence of cloud computing, artificial intelligence (AI), and the Internet of Things (IoT), which is further changing the landscape. The growing focus on sustainability and energy conservation is driving the building automation system market in South Korea. The growing use of integrated automation in commercial real estate's lighting, security, and HVAC systems is propelling the South Korea building automation system market. Additional factors driving South Korea building automation system market expansion are the growing use of smart air conditioning, lighting, and security systems in residential, commercial, and industrial buildings.  

Report Coverage

This research report categorizes the market for South Korea building automation system market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea building automation system market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the South Korea building automation system market.    

Driving Factors

The growing need for energy-efficient solutions and the growing incorporation of IoT technologies are driving the market for South Korea building automation systems (BAS), which is expanding steadily. Increasing usage in sports stadiums, increased cooperation between service providers and other industry stakeholders like energy utilities and construction firms, and growing use in education are some of the major factors propelling the market. Government programs promoting green building practices and energy efficiency are fueling the market expansion for South Korea building automation systems. The growing usage of cutting-edge digital technology in infrastructure construction is responsible for the South Korea building automation system market.

Restraining Factors

The market for building automation systems in South Korea is restricted by a number of problems, including high installation costs, complicated integration, cybersecurity threats, a shortage of qualified specialists, and regulatory obstacles. These factors work together to prevent broad acceptance and market growth.

Market Segmentation

The South Korea building automation system market share is classified into offering, product type, system type, and application.    

• The security and access controls segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.    

The South Korea building automation system market is segmented by offering into facility management systems, security & access controls, fire protection systems, BEM software, and BAS services. Among these, the security and access controls segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The growing need for sophisticated surveillance, intrusion detection, and access control systems in both residential and commercial structures is fueling the security and access controls segment, which is bolstering its market leadership.    

• The hardware segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea building automation system market is segmented by product type into hardware, software, and services. Among these, the hardware segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growing use of sensors, controllers, actuators, and other physical parts necessary for automated building operations is the main factor driving the hardware market. The deployment of sophisticated hardware systems has been further accelerated by the rising need for smart infrastructure and energy-efficient solutions, which has strengthened this segment's dominant position and supported its ongoing expansion.   

• The BEMS segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. 

The South Korea building automation system market is segmented by system type into security & surveillance, HVAC, lighting solutions, BEMS, and others. Among these, the BEMS segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The growing need for energy-efficient solutions, rising energy prices, and the government's emphasis on sustainability and smart building programs have all contributed to the growth of the Building Energy Management Systems (BEMS) market. Rapid technical improvements, IoT integration, and rising awareness of energy-saving measures in commercial infrastructure are further factors propelling the BEMS industry.  

• The commercial segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea building automation system market is segmented by application into commercial (office buildings, retail malls, hotels, hospitals), residential, and industrial (manufacturing plants, warehouses). Among these, the commercial segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. A network of switches and sensors that interface with a building's main interior systems, such as the lighting, ventilation, heating and cooling, and fire safety measures, is known as a commercial building automation system.       

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea building automation system market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies  

• Yokogawa Electric Corporation
• Hyundai Robotics
• LS Industrial Systems
• Samsung Electronics
• Rockwell Automation Inc.
• Honeywell International Inc.
• ABB Limited
• Schneider Electric SE
• Johnson Controls
• Others  

Key Target Audience 

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In December 2024, LG CNS announced a letter of agreement with South Korean investment firm Mastern America and US-based real estate management company SomeraRoad to announce its debut into the US smart building market.

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea building automation system market based on the below-mentioned segments:

South Korea Building Automation System Market, By Offering  

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

South Korea Building Automation System Market, By Product Type  

• Hardware
• Software
• Services

South Korea Building Automation System Market, By System Type 

• Security & Surveillance
• HVAC
• Lighting Solutions
• BEMS
• Others

South Korea Building Automation System Market, By Application

• Commercial

• Office buildings
• Retail malls
• Hotels
• Hospitals

• Residential
• Industrial

• Manufacturing plants
• Warehouses