The global building automation system market is projected to grow from USD 101.74 billion in 2025 to USD 191.13 billion by 2030, driven by IoT integration, data analytics, and demand for energy-efficient solutions. Key drivers include advanced surveillance, biometric technologies, and urbanization, with India and the commercial sector playing pivotal roles. Major players like Honeywell, Carrier, and Siemens lead the market, supported by government initiatives and smart city projects.

Carrier Global Corporation has acquired Blaich Automation GmbH, establishing Automated Logic's first owned controls field office in Germany. Blaich, a German provider of integrated automation solutions, will operate as an Automated Logic field office, expanding the company's intelligent building automation capabilities in Europe. The acquisition strengthens Automated Logic's presence in Central Europe and enhances its ability to deliver integrated building solutions for high-performance sectors.

Carrier Commercial HVAC is supporting London Gatwick Airport in achieving its net zero goals through HVAC maintenance, upgrades, and sustainability initiatives. The partnership involves maintaining 50 chillers across terminals, replacing outdated equipment with energy-efficient units, and aligning with London Gatwick’s Decade of Change policy to reduce Scope 1 and 2 emissions.

Carrier Global, a leader in climate and energy solutions, reported strong 2024 financial performance with $22.5 billion in sales and 19% growth, driven by the Viessmann acquisition and digital services. The company’s stock outperformed the S&P 500, trading at a forward P/E of 9.6x, with strong free cash flow and guidance for mid-teens EPS growth. However, risks include macroeconomic slowdowns, residential market weakness, and integration challenges from recent deals.

The article highlights five shipping stocks—Shopify, UPS, Blackstone, Carrier Global, and Etsy—as top picks for investors, detailing their financial performance, market metrics, and industry relevance.