
South Korea Intelligent Building Automation Technologies Market Size, Share, Volume, Trends, Industry Analysis Report By Component (Hardware, Software, Services), By End User – Market Forecast, 2025–2034
Description
The South Korea intelligent building automation technologies market size is expected to reach USD 5.66 billion by 2034, according to a new study by Polaris Market Research. The report “South Korea Intelligent Building Automation Technologies Market Size, Share, Volume, Trends, Industry Analysis Report By Component (Hardware, Software, Services), By End User – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The South Korea intelligent building automation technologies (IBAT) market focuses on integrating advanced control systems, sensors, and digital platforms to optimize the management of building functions such as lighting, HVAC, security, and energy consumption. This market is gaining momentum due to the growing emphasis on sustainability, operational efficiency, and occupant comfort across commercial and residential structures. Government-led initiatives to create smart cities and carbon-neutral infrastructure are encouraging the widespread deployment of intelligent systems in both new and retrofitted buildings. Growth is further supported by the country’s strong foundation in electronics and semiconductors, which fosters rapid innovation in automation hardware and embedded systems.
Increasing use of cloud platforms, AI-driven analytics, and IoT connectivity is driving adoption of scalable and remotely controlled building management solutions. Industry trends show a clear movement toward seamless integration of disparate systems through interoperable platforms, enabling centralized monitoring and data-driven decision-making. Demand is also expanding due to the need for better energy management in response to strict environmental regulations and rising energy costs. Additionally, the rise of hybrid work models is prompting commercial facilities to invest in intelligent automation for space optimization and predictive maintenance. Market players are exploring new opportunities in software-defined building environments, where automation capabilities are enhanced through machine learning algorithms and edge computing. These developments are laying the groundwork for buildings to act as responsive assets within larger digital ecosystems, offering new efficiencies and service models. The combination of policy support, local innovation, and strong commercial demand positions this market for sustained growth.
South Korea Intelligent Building Automation Technologies Market Report Highlights
By component, the hardware segment accounted for ~44% of revenue share in 2024 due to high penetration of advanced sensor technologies, control devices, and connected hardware platforms.
Based on end user, the commercial segment is projected to register a CAGR of 12.18% from 2025 to 2034, as the growing demand for energy-efficient, secure, and digitally managed workspaces is fueling rapid adoption of intelligent automation across South Korea’s commercial sector.
A few key players include ABB Limited; Azbil Corporation; Daikin Industries, Ltd.; Delta Controls; Eaton Corporation; Honeywell International Inc.; Johnson Controls, Inc.; LG Electronics; Mitsubishi Electric Corporation; Samsung Electronics; and Schneider Electric.
Polaris Market Research has segmented the South Korea intelligent building automation technologies market report on the basis of component and end user:
By Component Outlook (Volume, Million Units; Revenue, USD Billion; 2020–2034)
Hardware
Sensors
Controllers
Actuators
Networking Devices
Others
Software
Building Management Systems (BMS)
Energy Management Software
Lighting Control Software
HVAC Control Software
Fire, Life & Safety and Security
Others
Services
Professional Services
Managed Services
By End User Outlook (Volume, Million Units; Revenue, USD Billion; 2020–2034)
Commercial
Residential
Industrial
The South Korea intelligent building automation technologies (IBAT) market focuses on integrating advanced control systems, sensors, and digital platforms to optimize the management of building functions such as lighting, HVAC, security, and energy consumption. This market is gaining momentum due to the growing emphasis on sustainability, operational efficiency, and occupant comfort across commercial and residential structures. Government-led initiatives to create smart cities and carbon-neutral infrastructure are encouraging the widespread deployment of intelligent systems in both new and retrofitted buildings. Growth is further supported by the country’s strong foundation in electronics and semiconductors, which fosters rapid innovation in automation hardware and embedded systems.
Increasing use of cloud platforms, AI-driven analytics, and IoT connectivity is driving adoption of scalable and remotely controlled building management solutions. Industry trends show a clear movement toward seamless integration of disparate systems through interoperable platforms, enabling centralized monitoring and data-driven decision-making. Demand is also expanding due to the need for better energy management in response to strict environmental regulations and rising energy costs. Additionally, the rise of hybrid work models is prompting commercial facilities to invest in intelligent automation for space optimization and predictive maintenance. Market players are exploring new opportunities in software-defined building environments, where automation capabilities are enhanced through machine learning algorithms and edge computing. These developments are laying the groundwork for buildings to act as responsive assets within larger digital ecosystems, offering new efficiencies and service models. The combination of policy support, local innovation, and strong commercial demand positions this market for sustained growth.
South Korea Intelligent Building Automation Technologies Market Report Highlights
By component, the hardware segment accounted for ~44% of revenue share in 2024 due to high penetration of advanced sensor technologies, control devices, and connected hardware platforms.
Based on end user, the commercial segment is projected to register a CAGR of 12.18% from 2025 to 2034, as the growing demand for energy-efficient, secure, and digitally managed workspaces is fueling rapid adoption of intelligent automation across South Korea’s commercial sector.
A few key players include ABB Limited; Azbil Corporation; Daikin Industries, Ltd.; Delta Controls; Eaton Corporation; Honeywell International Inc.; Johnson Controls, Inc.; LG Electronics; Mitsubishi Electric Corporation; Samsung Electronics; and Schneider Electric.
Polaris Market Research has segmented the South Korea intelligent building automation technologies market report on the basis of component and end user:
By Component Outlook (Volume, Million Units; Revenue, USD Billion; 2020–2034)
Hardware
Sensors
Controllers
Actuators
Networking Devices
Others
Software
Building Management Systems (BMS)
Energy Management Software
Lighting Control Software
HVAC Control Software
Fire, Life & Safety and Security
Others
Services
Professional Services
Managed Services
By End User Outlook (Volume, Million Units; Revenue, USD Billion; 2020–2034)
Commercial
Residential
Industrial
Table of Contents
129 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. South Korea Intelligent Building Automation Technologies Market Insights
- 4.1. Intelligent Building Automation Technologies Market – Market Snapshot
- 4.2. Intelligent Building Automation Technologies Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Government-Led Smart City Projects
- 4.2.1.2. Strong Semiconductor and Tech Industry Backing
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High initial costs and fragmented standards
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Intelligent Building Automation Technologies Market Trends
- 4.6. Value Chain Analysis
- 5. South Korea Intelligent Building Automation Technologies Market, by Component
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. South Korea Intelligent Building Automation Technologies Market, by Component, 2020-2034 (Million Units, USD Billion)
- 5.3. Sensors
- 5.3.1. South Korea Intelligent Building Automation Technologies Market, by Sensors, 2020-2034 (Million Units, USD Billion)
- 5.3.2. Controllers
- 5.3.2.1. South Korea Intelligent Building Automation Technologies Market, by Controllers, 2020-2034 (Million Units, USD Billion)
- 5.3.3. Actuators
- 5.3.3.1. South Korea Intelligent Building Automation Technologies Market, by Actuators, 2020-2034 (Million Units, USD Billion)
- 5.3.4. Networking Devices
- 5.3.4.1. South Korea Intelligent Building Automation Technologies Market, by Networking Devices, 2020-2034 (Million Units, USD Billion)
- 5.3.5. Hardware
- 5.3.5.1. South Korea Intelligent Building Automation Technologies Market, by Hardware, 2020-2034 (Million Units, USD Billion)
- 5.3.6. Others
- 5.3.6.1. South Korea Intelligent Building Automation Technologies Market, by Others, 2020-2034 (Million Units, USD Billion)
- 5.4. Software
- 5.4.1. South Korea Intelligent Building Automation Technologies Market, by Software, 2020-2034 (Million Units, USD Billion)
- 5.4.2. Building Management Systems (BMS)
- 5.4.2.1. South Korea Intelligent Building Automation Technologies Market, by Building Management Systems (BMS), 2020-2034 (Million Units, USD Billion)
- 5.4.3. Energy Management Software
- 5.4.3.1. South Korea Intelligent Building Automation Technologies Market, by Energy Management Software, 2020-2034 (Million Units, USD Billion)
- 5.4.4. Lighting Control Software
- 5.4.4.1. South Korea Intelligent Building Automation Technologies Market, by Lighting Control Software, 2020-2034 (Million Units, USD Billion)
- 5.4.5. HVAC Control Software
- 5.4.5.1. South Korea Intelligent Building Automation Technologies Market, by HVAC Control Software, 2020-2034 (Million Units, USD Billion)
- 5.4.6. Fire, Life & Safety and Security
- 5.4.6.1. South Korea Intelligent Building Automation Technologies Market, by Fire, Life & Safety and Security, 2020-2034 (Million Units, USD Billion)
- 5.4.7. Others
- 5.4.7.1. South Korea Intelligent Building Automation Technologies Market, by Others, 2020-2034 (Million Units, USD Billion)
- 5.5. Services
- 5.5.1. South Korea Intelligent Building Automation Technologies Market, by Services, 2020-2034 (Million Units, USD Billion)
- 5.5.2. Professional Services
- 5.5.2.1.1. South Korea Intelligent Building Automation Technologies Market, by Professional Services, 2020-2034 (Million Units, USD Billion)
- 5.5.3. Managed Services
- 5.5.3.1. South Korea Intelligent Building Automation Technologies Market, by Managed Services, 2020-2034 (Million Units, USD Billion)
- 6. South Korea Intelligent Building Automation Technologies Market, by End User
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. South Korea Intelligent Building Automation Technologies Market, by End User, 2020-2034 (Million Units, USD Billion)
- 6.3. Commercial
- 6.3.1. South Korea Intelligent Building Automation Technologies Market, by Commercial, 2020-2034 (Million Units, USD Billion)
- 6.4. Residential
- 6.4.1. South Korea Intelligent Building Automation Technologies Market, by Residential, 2020-2034 (Million Units, USD Billion)
- 6.5. Industrial
- 6.5.1. South Korea Intelligent Building Automation Technologies Market, by Industrial, 2020-2034 (Million Units, USD Billion)
- 7. Competitive Landscape
- 7.1. Expansion and Acquisition Analysis
- 7.1.1. Expansion
- 7.1.2. Acquisitions
- 7.2. Partnerships/Collaborations/Agreements/Exhibitions
- 8. Company Profiles
- 8.1. ABB Limited
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Recent Development
- 8.2. Azbil Corporation
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Recent Development
- 8.3. Daikin Industries, Ltd
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Recent Development
- 8.4. Delta Controls
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Recent Development
- 8.5. Eaton Corporation
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Development
- 8.6. Honeywell International Inc.
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Recent Development
- 8.7. Emerson Electric Co.
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Recent Development
- 8.8. Johnson Controls, Inc.
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Recent Development
- 8.9. LG Electronics
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Recent Development
- 8.10. Mitsubishi Electric Corporation.
- 8.10.1. Company Overview
- 8.10.2. Financial Performance
- 8.10.3. Product Benchmarking
- 8.10.4. Recent Development
- 8.11. Samsung Electronics
- 8.11.1. Company Overview
- 8.11.2. Financial Performance
- 8.11.3. Product Benchmarking
- 8.11.4. Recent Development
- 8.12. Schneider Electric
- 8.12.1. Company Overview
- 8.12.2. Financial Performance
- 8.12.3. Product Benchmarking
- 8.12.4. Recent Development
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