Page 35 - Climate Control News September 2022

Building Automation
GLOBAL MARKET BOOMING
The building automation systems market is estimated to reach a valuation of $US44.6 billion in 2021.
Once the initial impacts of COVID-19 are fully countered, the market is anticipated to grow at a robust 7.8 per cent CAGR through 2031, according to research firm Future Market Insights.
Increasing development of smart cities and connective technology including the Industrial Internet of things (IIoT) will continue augmenting market growth, with the US, the UK, Germany, and Japan emerging as top producers during the assessment period.
There is a significant rise in the demand for building automation systems (BAS) across the globe. The market has witnessed phenomenal growth in the past few years with a CAGR of 5.7 per cent.
Deal covers entire lifecycle of building systems
DAIKIN APPLIED AMERICAS has taken a majority stake in CM3 Building Solutions Inc., which provides building automation, energy ser- vices, security, fire protection and HVAC support.
This new relationship expands Daikin Applied’s ability to serve customers across the entire lifecycle of their building systems and operation, according to Nick Brazis, vice presi- dent of corporate development at Daikin Applied.
“WE CAN MAXIMISE HVAC PERFORMANCE WHEN WE CAN FULLY ASSESS AND SUPPORT THE BUILDING ENVELOPE.”
“With CM3’s solutions expertise, Daikin Applied will network its HVAC technologies with other building systems, such as security, life safety, retro-commissioning and energy ser- vices,” he said.
“The connectivity effectively modernises facilities and building portfolios to maximise performance. Customers will have an enterprise- wide view and command of their entire opera- tion, as well as comprehensive data and analytics to reduce carbon emissions without reducing occupant comfort.”
Daikin Applied executive vice president, Jeff Drees, said with buildings using 75 per cent of the country’s power and 40 per cent of its energy, customers need help managing their entire envi- ronment to achieve the next level of efficiency and sustainability.
ABOVE LEFT: CM3 will continue to operate under its current name and leadership.
“We can maximise HVAC performance when we can fully assess and support the building envelope. Our relationship with CM3 opens new opportunities to improve our customers’ effec- tiveness,” Drees said.
CM3 will continue to operate under its current name and leadership.
CM3 was an early innovator in building automa- tion and systems integration, and has a deep bench of experts to deploy technology and solutions that improve comfort, safety and efficiency. CM3 is a certified Schneider Electric Master EcoXpert. ✺
LOOKING FOR A NEW ROLE?
HAS ALL YOUR HVAC AREAS COVERED
Regulator Australia is looking for the right candidate for different roles including:
• Internal Sales and Estimating • BMS Projects and Servicing
Email enquiries and CV through to: reception@regulatoraustralia.com.au
14523 CCN REGULATOR.indd 1
CLIMATE CONTROL NEWS SEPTEMBER 2022 2/8/22 11:12 am
35