The Smart Buildings market is expected to grow from USD 64.34 billion in 2019 to USD 145.83 billion by 2025 at a CAGR of 12.40% from 2020 to 2026.
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.
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 studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global 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
Smart Buildings Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
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.
Why to Buy this Report:
Target Audience:
The report targeted towards the existing players in the industry is as follows:
Free and Paid Customization based on the requirement
Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
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
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
5.1 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
6.1 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
7.1 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
8.1 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
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
The global 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
Smart Buildings Market, By Company