ES mobile app

Coming Soon...our new mobile app!

Building Automation

CABA completes "Smart Grid Impact on Intelligent Buildings" study

May 19, 2012
/ Print / Reprints /
ShareMore
/ Text Size+

The Continental Automated Buildings Association has completed a collaborative research study to identify, define and size the principle business opportunities presented by the growth of smart grids in relation to intelligent buildings.

CABA’s “Smart Grid Impact on Intelligent Buildings” research study estimates that the North American smart grid marketplace will reach $8 billion in revenue by 2013 and will exceed $10 billion by 2015. In 2011, the marketplace was estimated to have reached $6.6 billion.

The study found that the fastest growing components of the smart grid market are grid applications, followed by: demand response and peak load management, building energy management systems, and smart meters. While building management systems are not projected to be the fastest growing segment of the market, the study notes that smart grid development will become a major driver for the development and deployment of more intelligent building technologies.

“The information and trends in CABA’s “Smart Grid Impact on Intelligent Buildings” research study emphasize the need for innovative solutions to enhance the efficiency and effectiveness of our power generation, transmission and consumption capacity,” stated Ronald J. Zimmer, CABA President & CEO.

“Intelligent buildings are prime examples of innovative technology that will aid in the deployment of new smart grid infrastructure. CABA is pleased to have undertaken a report which provides the industry with insightful business intelligence, in order to put sound strategic decisions into action.”

Organizations that participated in CABA's project included: Belimo Air Controls Inc., Cadillac Fairview Corporation, CommScope Inc., CoR Advisors, Diebold Incorporated, Energent Incorporated, GE Energy Services, Grundfos Pumps Corp., Honeywell International/Tridium, Hydro-

Québec, InfoComm International, Ingersoll Rand/Trane/Schlage, Johnson Controls, Legrand/Ortronics, LG Electronics, Natural Resources Canada, Philips Research North America, Priva North America, Public Works and Government Services Canada, Robinson Solutions, Schneider Electric, Sempra Utilities, Shell International Inc., Siemens Industries Inc., Southern California Edison, the U.S. General Services Administration (GSA), Verizon, and Viridity Energy.

The research was conducted by the BSRIA research consultancy.

CABA's report has been released to its funding partners and will be made available for purchase to the rest of the industry after an embargo period, which ends June 2, 2012. Companies enquiring for details and pricing can contact George Grimes, CABA's Business Development Manager at grimes@caba.org or 613.686.1814 x226.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ES Gallery: Snapshots & Systems

Check out highlights from projects featured in our magazine this year!
3/27/14 11:00 am EST

How to Calculate Backup Power Supply Requirements for Your Facility

On-Demand This webinar reviews how to determine power requirements of facility loads; electrical characteristics and impact of different types of loads such as large motors and UPS systems on power supply sizing; acceptable power sources and other constraints applied by building codes; and how software tools can be used to simplify the process of calculating backup power requirements.  

THE MAGAZINE

Engineered Systems Magazine

ES April 2014 cover

2014 April

Check out the April 2014 issue of Engineered Systems, with features on backup power supply requirements, cyberattacks, and much more!

Table Of Contents Subscribe

Design Flaws

Following up on Howard McKew's April "Tomorrow's Environment" column: Have you ever thought twice about reporting problems with another firm's design? What did you do?
View Results Poll Archive

THE ENGINEERED SYSTEMS STORE

The_Green_Energy_Management
The Green Energy Management Book

Learn from our experts how to evaluate job opportunities, market your services, sell a Walk-through Survey, target areas for an Energy Audit, calculate energy savings, do retrofit work, and win continuing contracts for retrofit work.

More Products

Clear Seas Research

Clear Seas Research ImageWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Tomorrow's Environment Podcast

This series from longtime columnist and chronic forward-thinker Howard McKew covers a lot of ground -- from retrocommissioning to systems training, on toward checklists for drawings and tips for meeting minutes. Click HERE to be taken to the podcast page!

STAY CONNECTED

new Facebook icon Twitter icon YouTube iconLinkedIn icon