The global smart building Market will grow by US$ 133 Billion by 2027 at a CAGR of 12.6% in the given forecast period.
Smart building is any structure that uses automated processes to automatically control the building’s operations including heating, ventilation, air conditioning, lighting, security and other systems. A smart building uses sensors, actuators and microchips, in order to collect data and manage it according to a business’ functions and services. This infrastructure helps owners, operators and facility managers improve asset reliability and performance, which reduces energy use, optimizes how space is used and minimizes the environmental impact of buildings.
Market Insights
The global Smart Buildings market is segregated on the basis of Type as Commercial and Industrial. Based on Product the global Smart Buildings market is segmented in Building management system (BMS), Heating, ventilating and air conditioning (HVAC), Lighting control, Security and access control, Emergency alarm and evacuation system, and Audio and visual effects. Based on Component the global Smart Buildings market is segmented in Solution and Services.
The global Smart Buildings market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Buildings 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
Honeywell, Johnson Controls, Cisco, Hitachi, Siemens, IBM, Schneider Electric, Intel, Huawei, ABB, and others are among the major players in the global Smart Buildings 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 Buildings Market has been segmented as below:
Smart Buildings Market, By Type
Smart Buildings Market, By Product
Smart Buildings Market, By Component
Smart Buildings Market, By Region
The report covers:
Report Scope:
The global Smart Buildings 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 Buildings market share. Major industry players with significant revenue share include Honeywell, Johnson Controls, Cisco, Hitachi, Siemens, IBM, Schneider Electric, Intel, Huawei, ABB, and others.
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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 Buildings Market, By Type
5.1 Introduction
5.2 Commercial
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Industrial
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Smart Buildings Market, By Product
6.1 Introduction
6.2 Building management system (BMS)
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Heating, ventilating and air conditioning (HVAC)
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Lighting control
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Security and access control
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Emergency alarm and evacuation system
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Audio and visual effects
6.7.1 Market Overview
6.7.2 Market Size and Forecast
7. Smart Buildings Market, By Component
7.1 Introduction
7.2 Solution
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Services
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Smart Buildings Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Smart Buildings, By Type
8.2.2 North America Smart Buildings, By Product
8.2.3 North America Smart Buildings, By Component
8.3 Europe
8.3.1 Europe Smart Buildings, By Type
8.3.2 Europe Smart Buildings, By Product
8.3.3 Europe Smart Buildings, By Component
8.4 Asia-Pacific
8.4.1 Asia-Pacific Smart Buildings, By Type
8.4.2 Asia-Pacific Smart Buildings, By Product
8.4.3 Asia-Pacific Smart Buildings, By Component
8.5 Rest of the World
8.5.1 Rest of the World Smart Buildings, By Type
8.5.2 Rest of the World Smart Buildings, By Product
8.5.3 Rest of the World Smart Buildings, By Component
The Smart Buildings Market has been segmented as below:
Smart Buildings Market, By Type
Smart Buildings Market, By Product
Smart Buildings Market, By Component
Smart Buildings Market, By Region
