A smart building is a structure that uses automated processes to automatically control various building operations like air con, heating, security, energy management, ventilation, and other systems. Smart buildings are equipped with various sorts of smart devices and electronic components like sensors, microchips, microcontrollers, and microprocessors to gather and process relevant data and manage them to regulate operations of the building automatically. This helps the power managers and owners of the building to scale back energy use, increase comfort level, improve performance, enable optimal use of building space, and minimize environmental degradation. The smart building refers to the structure where all the control operations including heating, ventilation, air con (HVAC), lighting, and security among others are controlled by the automated processes. A sensible building uses microchips, actuators, and sensors for collecting and managing data as per the need. Smart building infrastructure helps owners, operators and facility managers to enhance the performance and reliability of the assets, which efficiently uses the spaces, reduces energy uses and subsequently minimizes the environmental impact of buildings. The smart buildings make the residents easier with lighting, thermal comfort; air quality, physical security, and sanitation.
The Smart building market is expected to be around US$ 130 billion by 2027 at a CAGR of 11.7%
The global Smart Building market is segregated on the basis of Solution as Network Management, Workforce Management, Building Infrastructure Management, Security and Emergency Management, and Energy Management. Based on Service the global Smart Building market is segmented in Integration and Deployment, Support and Maintenance, and Consulting. Based on Building Type the global Smart Building market is segmented in Commercial, Industrial, and Residential.
Based on Component, the global Smart Building market is segmented in Services and Solutions.
The global Smart Building market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Building market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Spacewell, PTC, Avnet, Softdel, Spaceti, IBM, Hitachi, Honeywell, Siemens, Schneider Electric, and others are among the major players in the global Smart Building market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Smart Building Market has been segmented as below:
Smart Building Market, By Solution
Smart Building Market, By Service
Smart Building Market, By Building Type
Smart Building Market, By Component
Smart Building Market, By Region
Smart Building Market, By Company
The report covers:
Report Scope:
The global Smart Building market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Building market share. Major industry players with significant revenue share include Spacewell, PTC, Avnet, Softdel, Spaceti, IBM, Hitachi, Honeywell, Siemens, Schneider Electric, and others.
Reasons to Buy this Report:
Some of the recent Developments in Smart Building market are as follows:
IBM
Honeywell
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Smart Building Market, By Solution
5.1 Introduction
5.2 Network Management
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Workforce Management
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Building Infrastructure Management
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Security and Emergency Management
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Energy Management
5.6.1 Market Overview
5.6.2 Market Size and Forecast
6. Smart Building Market, By Service
6.1 Introduction
6.2 Integration and Deployment
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Support and Maintenance
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Consulting
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Smart Building Market, By Building Type
7.1 Introduction
7.2 Commercial
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Industrial
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Residential
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. Smart Building Market, By Component
8.1 Introduction
8.2 Services
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Solutions
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. Smart Building Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Smart Building, By Solution
9.2.2 North America Smart Building, By Service
9.2.3 North America Smart Building, By Building Type
9.2.4 North America Smart Building, By Component
9.3 Europe
9.3.1 Europe Smart Building, By Solution
9.3.2 Europe Smart Building, By Service
9.3.3 Europe Smart Building, By Building Type
9.3.4 Europe Smart Building, By Component
9.4 Asia-Pacific
9.4.1 Asia-Pacific Smart Building, By Solution
9.4.2 Asia-Pacific Smart Building, By Service
9.4.3 Asia-Pacific Smart Building, By Building Type
9.4.4 Asia-Pacific Smart Building, By Component
9.5 Rest of the World
9.5.1 Rest of the World Smart Building, By Solution
9.5.2 Rest of the World Smart Building, By Service
9.5.3 Rest of the World Smart Building, By Building Type
9.5.4 Rest of the World Smart Building, By Component
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Spacewell
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 PTC
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Avnet
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Softdel
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 Spaceti
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 IBM
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 Hitachi
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 Honeywell
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
11.9 Siemens
11.9.1 Company Overview
11.9.2 Product/Service Landscape
11.9.3 Financial Overview
11.9.4 Recent Developments
11.10 Schneider Electric
11.10.1 Company Overview
11.10.2 Product/Service Landscape
11.10.3 Financial Overview
11.10.4 Recent Developments
11.11 Johnson Controls
11.11.1 Company Overview
11.11.2 Product/Service Landscape
11.11.3 Financial Overview
11.11.4 Recent Developments
11.12 Intel
11.11.1 Company Overview
11.11.2 Product/Service Landscape
11.11.3 Financial Overview
11.11.4 Recent Developments
11.13 Huawei
11.13.1 Company Overview
11.13.2 Product/Service Landscape
11.13.3 Financial Overview
11.13.4 Recent Developments
11.14 ABB
11.14.1 Company Overview
11.14.2 Product/Service Landscape
11.14.3 Financial Overview
11.14.4 Recent Developments
11.15 Pointgrab
11.15.1 Company Overview
11.15.2 Product/Service Landscape
11.15.3 Financial Overview
11.15.4 Recent Developments
11.16 Larsen & Toubro Technology Services
11.16.1 Company Overview
11.16.2 Product/Service Landscape
11.16.3 Financial Overview
11.16.4 Recent Developments
11.17 75f
11.17.1 Company Overview
11.17.2 Product/Service Landscape
11.17.3 Financial Overview
11.17.4 Recent Developments
11.18 Telit
11.18.1 Company Overview
11.18.2 Product/Service Landscape
11.18.3 Financial Overview
11.18.4 Recent Developments
11.19 Logicladder
11.19.1 Company Overview
11.19.2 Product/Service Landscape
11.19.3 Financial Overview
11.19.4 Recent Developments
The Smart Building Market has been segmented as below:
Smart Building Market, By Solution
Smart Building Market, By Service
Smart Building Market, By Building Type
Smart Building Market, By Component
Smart Building Market, By Region
Smart Building Market, By Company
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