Building Automation Segment Fuels Honeywell Growth

Honeywell Technologies' Building Automation segment has been driving growth for the company. In the second quarter of 2026, this segment's revenues reached $2 billion, a 10% year-over-year increase.

Organic sales in the segment also rose 9% year over year. This growth was attributed to higher demand across both products and solutions businesses. Products generated $103 million more in organic sales, while Solutions contributed $59 million more.

The Building Automation segment maintained strong momentum throughout the first half of 2026, with sales increasing 10% year over year to $3.88 billion, and organic sales growing 8% year over year.

While Honeywell's peers are also experiencing growth, their segments have different drivers. 3M Company's Safety and Industrial segment is benefiting from strength in personal safety, industrial adhesives, and electrical markets.