Smart Buildings Market

Category : Information & Communication Technology Reports | Delivery Format : PDF,PPT | Publisher: Reports and Insights | Pages : 210

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Smart Buildings Market Overview

The report is titled as ‘Smart Buildings Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the smart buildings market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Smart buildings market is expected to grow with a significant rate in the near future.

The global smart buildings market in 2020 is estimated for more than US$ 55.7 Bn and expected to reach a value of US$ 141.7 Bn by 2028 with a significant CAGR of 12.4%.

Smart Buildings Introduction

There is a prevailing trend of building automation in the present times, which allows for automated centralized control of a building's HVAC (heating, ventilation and air conditioning), lighting, electrical, security systems, access control, and other correlated systems through a Building Automation System (BAS) or Building Management System (BMS). The idea of building automation is more commonly known as Smart Buildings. Any structure that comprises automated processes to systematically operate and control the building’s operations including lighting, ventilation, heating, air conditioning, security and other systems is known as smart buildings.

A smart building consists of microchips, sensors, and actuators, in order to accumulate data and administer it as per the business’ services and functions. This kind of smart infrastructure helps operators, owners, and facility managers to enhance asset performance and reliability, which cuts off energy use, upgrades how the capacity is used and reduces the environmental impact of buildings. Many decades ago, buildings just provided mankind the essentials which are shelter, safety, and temperature control and at the uniform efficiency level for years. However, modern buildings, or preceding structures that have been transformed to smart structures, are constantly connected to a network with adaptable and smart software.

Smart Buildings Market Dynamics

We spend most of our life living in these structures called buildings, be it our home, workplace or any other place. At the very beginning, buildings were just the structure made of sticks, stones, animal skins and other natural substances, which just used to fulfil basic needs of mankind including shelter and provide a safe and comfortable place to reside. Although, now that time has changed enormously, just fulfilling basic needs isn’t enough.

The building occupants and the entire community, in the modern-day world, are starting to look outside the four walls of their house and acknowledging the significance of their building on the electrical grid as well as on the whole global environment. Thereby, the idea of “Smart Buildings” arose which uses technology to accumulate data about the activities in the building between systems so as to advance the building's performance. The accumulated data is then used to automate several different processes, ranging from lighting, heating and ventilation to air conditioning and security. The building owners are more encouraged in present times to look after the environment and surroundings as well as to reduce energy costs, which further promotes the idea of smart buildings in the global society.

Furthermore, several governments and regulatory authorities are also encouraging the idea of smart construction and infrastructure across the world along with imposing several laws and regulations to encourage current and future operations. Owing to which, the global smart buildings market is projected to grow expeditiously in the forthcoming years.

Smart Buildings Market Key Players

Some of the key participating players in global smart buildings market are:

    ABB Group

    Siemens AG

    Schneider Electric

    Cisco Systems, Inc.

    IBM Corporation

    Delta Controls

    Johnson Controls

    Honeywell International Inc.

    United Technologies Corporation

    Legrand

    BuildingIQ

    And Others

Smart Buildings Market Segmentation

The global smart buildings market is segmented on the basis of types, building types, and end user.

By Types

    Building Automation Software

o    Intelligent Security System

    Video Surveillance System

    Access Control System

    Emergency Management System

o    Building Energy Management System

    Energy Management Platform

    HVAC Control System

    Lighting Control System

o    Infrastructure Management System

    Parking Management System

    Smart Water Management System

    Elevators and Escalators Management System

o    Network Management System

    Services

o    Professional Services

    Consulting Services

    System Integration and Deployment Services

    Support and Maintenance Services

o    Managed Services

By Building Types

    Manufacturing Facilities

    Residential Buildings

    Commercial Buildings

    University, School, & Hospital Buildings

    Government & Public Infrastructure Facilities

    Others

By Region

    North America

    Latin America

    Europe

    Asia Pacific

    Middle East

    Africa

MMC Overview

The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.

A research report on the Smart Buildings market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market. Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.


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1.    Global Smart Buildings Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Smart Buildings Market Overview

2.1.    Introduction

2.1.1.    Introduction

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Smart Buildings Market Snapshot

2.4.    Global Smart Buildings Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Smart Buildings Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Smart Buildings Market, By Type

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Type

3.1.2.    BPS Analysis, By Type

3.2.    Market Revenue (US$Mn) Forecast, By Type

3.2.1.    Building Automation Software

3.2.1.1.    Intelligent Security System

3.2.1.1.1.    Video Surveillance System

3.2.1.1.2.    Access Control System

3.2.1.1.3.    Emergency Management System

3.2.2.    Building Energy Management System

3.2.2.1.    Energy Management Platform

3.2.2.2.    HVAC Control System

3.2.2.3.    Lighting Control System

3.2.3.    Infrastructure Management System

3.2.3.1.    Parking Management System

3.2.3.2.    Smart Water Management System

3.2.3.3.    Elevators and Escalators Management System

3.2.4.    Network Management System

3.2.5.    Services

3.2.5.1.    Professional Services

3.2.5.1.1.    Consulting Services

3.2.5.1.2.    System Integration and Deployment Services

3.2.5.2.    Support and Maintenance Services

3.2.5.3.    Managed Services

3.3.    Global Smart Buildings Market Attractiveness Index, By Type

4.    Global Smart Buildings Market, By Building Type

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Building Type

4.1.2.    BPS Analysis, By Building Type

4.2.    Market Revenue (US$Mn) Forecast, By Building Type

4.2.1.    Manufacturing Facilities

4.2.2.    Residential Buildings

4.2.3.    Commercial Buildings

4.2.4.    University, School, & Hospital Buildings

4.2.5.    Government & Public Infrastructure Facilities

4.2.6.    Others

4.3.    Global Smart Buildings Market Attractiveness Index, By Building Type

5.    Global Smart Buildings Market, By Region

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Region

5.1.2.    BPS Analysis, By Region

5.2.    Market Revenue (US$Mn) Forecast, By Region

5.2.1.    North America

5.2.2.    Latin America

5.2.3.    Europe

5.2.4.    Asia Pacific

5.2.5.    Middle East

5.2.6.    Africa

5.3.    Global Smart Buildings Market Attractiveness Index, By Region

6.    North America Smart Buildings Market Analysis and Forecast, 2020–2028

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Country

6.1.2.    BPS Analysis, By Country

6.2.    Market Revenue (US$Mn) Forecast, By Country

6.2.1.    U.S. Smart Buildings Market

6.2.2.    Canada Smart Buildings Market

6.3.    North America Smart Buildings Market, By Type

6.3.1.    Building Automation Software

6.3.1.1.    Intelligent Security System

6.3.1.1.1.    Video Surveillance System

6.3.1.1.2.    Access Control System

6.3.1.1.3.    Emergency Management System

6.3.2.    Building Energy Management System

6.3.2.1.    Energy Management Platform

6.3.2.2.    HVAC Control System

6.3.2.3.    Lighting Control System

6.3.3.    Infrastructure Management System

6.3.3.1.    Parking Management System

6.3.3.2.    Smart Water Management System

6.3.3.3.    Elevators and Escalators Management System

6.3.4.    Network Management System

6.3.5.    Services

6.3.5.1.    Professional Services

6.3.5.1.1.    Consulting Services

6.3.5.1.2.    System Integration and Deployment Services

6.3.5.2.    Support and Maintenance Services

6.3.5.3.    Managed Services

6.4.    North America Smart Buildings Market, By Building Type

6.4.1.    Manufacturing Facilities

6.4.2.    Residential Buildings

6.4.3.    Commercial Buildings

6.4.4.    University, School, & Hospital Buildings

6.4.5.    Government & Public Infrastructure Facilities

6.4.6.    Others

6.5.    North America Smart Buildings Market Attractiveness Index

6.5.1.    By Country

6.5.2.    By Type

6.5.3.    By Building Type

7.    Latin America Smart Buildings Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market (US$Mn) Forecast, By Country

7.2.1.    Brazil Smart Buildings Market

7.2.2.    Mexico Smart Buildings Market

7.2.3.    Argentina Smart Buildings Market

7.2.4.    Rest of Latin America Smart Buildings Market

7.3.    Latin America Smart Buildings Market, By Type

7.3.1.    Building Automation Software

7.3.1.1.    Intelligent Security System

7.3.1.1.1.    Video Surveillance System

7.3.1.1.2.    Access Control System

7.3.1.1.3.    Emergency Management System

7.3.2.    Building Energy Management System

7.3.2.1.    Energy Management Platform

7.3.2.2.    HVAC Control System

7.3.2.3.    Lighting Control System

7.3.3.    Infrastructure Management System

7.3.3.1.    Parking Management System

7.3.3.2.    Smart Water Management System

7.3.3.3.    Elevators and Escalators Management System

7.3.4.    Network Management System

7.3.5.    Services

7.3.5.1.    Professional Services

7.3.5.1.1.    Consulting Services

7.3.5.1.2.    System Integration and Deployment Services

7.3.5.2.    Support and Maintenance Services

7.3.5.3.    Managed Services

7.4.    Latin America Smart Buildings Market, By Building Type

7.4.1.    Manufacturing Facilities

7.4.2.    Residential Buildings

7.4.3.    Commercial Buildings

7.4.4.    University, School, & Hospital Buildings

7.4.5.    Government & Public Infrastructure Facilities

7.4.6.    Others

7.5.    Latin America Smart Buildings Market Attractiveness Index

7.5.1.    By Country

7.5.2.    By Type

7.5.3.    By Building Type

8.    Europe Smart Buildings Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) Forecast, By Country

8.2.1.    U.K. Smart Buildings Market

8.2.2.    Germany Smart Buildings Market

8.2.3.    Italy Smart Buildings Market

8.2.4.    France Smart Buildings Market

8.2.5.    Spain Smart Buildings Market

8.2.6.    Russia Smart Buildings Market

8.2.7.    Poland Smart Buildings Market

8.2.8.    BENELUX Smart Buildings Market

8.2.9.    NORDIC Smart Buildings Market

8.2.10.    Rest of Europe Smart Buildings Market

8.3.    Europe Smart Buildings Market, By Type

8.3.1.    Building Automation Software

8.3.1.1.    Intelligent Security System

8.3.1.1.1.    Video Surveillance System

8.3.1.1.2.    Access Control System

8.3.1.1.3.    Emergency Management System

8.3.2.    Building Energy Management System

8.3.2.1.    Energy Management Platform

8.3.2.2.    HVAC Control System

8.3.2.3.    Lighting Control System

8.3.3.    Infrastructure Management System

8.3.3.1.    Parking Management System

8.3.3.2.    Smart Water Management System

8.3.3.3.    Elevators and Escalators Management System

8.3.4.    Network Management System

8.3.5.    Services

8.3.5.1.    Professional Services

8.3.5.1.1.    Consulting Services

8.3.5.1.2.    System Integration and Deployment Services

8.3.5.2.    Support and Maintenance Services

8.3.5.3.    Managed Services

8.4.    Europe Smart Buildings Market, By Building Type

8.4.1.    Manufacturing Facilities

8.4.2.    Residential Buildings

8.4.3.    Commercial Buildings

8.4.4.    University, School, & Hospital Buildings

8.4.5.    Government & Public Infrastructure Facilities

8.4.6.    Others

8.5.    Europe Smart Buildings Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Type

8.5.3.    By Building Type

9.    Asia Pacific Smart Buildings Market Analysis and Forecast, 2019–2027

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    China Smart Buildings Market

9.2.2.    India Smart Buildings Market

9.2.3.    Japan Smart Buildings Market

9.2.4.    Australia and New Zealand Smart Buildings Market

9.2.5.    South Korea Smart Buildings Market

9.2.6.    ASEAN Smart Buildings Market

9.2.7.    Rest of Asia Pacific Smart Buildings Market

9.3.    Asia Pacific Smart Buildings Market, By Type

9.3.1.    Building Automation Software

9.3.1.1.    Intelligent Security System

9.3.1.1.1.    Video Surveillance System

9.3.1.1.2.    Access Control System

9.3.1.1.3.    Emergency Management System

9.3.2.    Building Energy Management System

9.3.2.1.    Energy Management Platform

9.3.2.2.    HVAC Control System

9.3.2.3.    Lighting Control System

9.3.3.    Infrastructure Management System

9.3.3.1.    Parking Management System

9.3.3.2.    Smart Water Management System

9.3.3.3.    Elevators and Escalators Management System

9.3.4.    Network Management System

9.3.5.    Services

9.3.5.1.    Professional Services

9.3.5.1.1.    Consulting Services

9.3.5.1.2.    System Integration and Deployment Services

9.3.5.2.    Support and Maintenance Services

9.3.5.3.    Managed Services

9.4.    Asia Pacific Smart Buildings Market, By Building Type

9.4.1.    Manufacturing Facilities

9.4.2.    Residential Buildings

9.4.3.    Commercial Buildings

9.4.4.    University, School, & Hospital Buildings

9.4.5.    Government & Public Infrastructure Facilities

9.4.6.    Others

9.5.    Asia Pacific Smart Buildings Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Type

9.5.3.    By Building Type

10.    Middle East Smart Buildings Market Analysis and Forecast, 2019–2027

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    GCC Countries Smart Buildings Market

10.2.2.    Israel Smart Buildings Market

10.2.3.    Oman Smart Buildings Market

10.2.4.    Rest of Middle East Smart Buildings Market

10.3.    Middle East Smart Buildings Market, By Type

10.3.1.    Building Automation Software

10.3.1.1.    Intelligent Security System

10.3.1.1.1.    Video Surveillance System

10.3.1.1.2.    Access Control System

10.3.1.1.3.    Emergency Management System

10.3.2.    Building Energy Management System

10.3.2.1.    Energy Management Platform

10.3.2.2.    HVAC Control System

10.3.2.3.    Lighting Control System

10.3.3.    Infrastructure Management System

10.3.3.1.    Parking Management System

10.3.3.2.    Smart Water Management System

10.3.3.3.    Elevators and Escalators Management System

10.3.4.    Network Management System

10.3.5.    Services

10.3.5.1.    Professional Services

10.3.5.1.1.    Consulting Services

10.3.5.1.2.    System Integration and Deployment Services

10.3.5.2.    Support and Maintenance Services

10.3.5.3.    Managed Services

10.4.    Middle East Smart Buildings Market, By Building Type

10.4.1.    Manufacturing Facilities

10.4.2.    Residential Buildings

10.4.3.    Commercial Buildings

10.4.4.    University, School, & Hospital Buildings

10.4.5.    Government & Public Infrastructure Facilities

10.4.6.    Others

10.5.    Middle East Smart Buildings Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Type

10.5.3.    By Building Type

11.    Africa Smart Buildings Market Analysis and Forecast, 2019–2027

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    Building Automation Software

11.2.1.1.    Intelligent Security System

11.2.1.1.1.    Video Surveillance System

11.2.1.1.2.    Access Control System

11.2.1.1.3.    Emergency Management System

11.2.2.    Building Energy Management System

11.2.2.1.    Energy Management Platform

11.2.2.2.    HVAC Control System

11.2.2.3.    Lighting Control System

11.2.3.    Infrastructure Management System

11.2.3.1.    Parking Management System

11.2.3.2.    Smart Water Management System

11.2.3.3.    Elevators and Escalators Management System

11.2.4.    Network Management System

11.2.5.    Services

11.2.5.1.    Professional Services

11.2.5.1.1.    Consulting Services

11.2.5.1.2.    System Integration and Deployment Services

11.2.5.2.    Support and Maintenance Services

11.2.5.3.    Managed Services

11.3.    Africa Smart Buildings Market, By Building Type

11.3.1.    Manufacturing Facilities

11.3.2.    Residential Buildings

11.3.3.    Commercial Buildings

11.3.4.    University, School, & Hospital Buildings

11.3.5.    Government & Public Infrastructure Facilities

11.3.6.    Others

11.4.    Africa Smart Buildings Market Attractiveness Index

11.4.1.    By Country

11.4.2.    By Type

11.4.3.    By Building Type

12.    Recommendation

12.1.    Market Strategy

13.    Competitive Landscape

13.1.    Competition Dashboard

13.2.    List and Company Overview of Global Key Players

13.3.    Company Profiles

13.3.1.    ABB Group

13.3.1.1.    Company Overview

13.3.1.2.    Financial Overview

13.3.1.3.    Type Portfolio

13.3.1.4.    Key Developments

13.3.1.5.    Business Strategies

13.3.2.    Siemens AG

13.3.3.    Schneider Electric

13.3.4.    Cisco Systems, Inc.

13.3.5.    IBM Corporation

13.3.6.    Delta Controls

13.3.7.    Johnson Controls

13.3.8.    Honeywell International Inc.

13.3.9.    United Technologies Corporation

13.3.10.    Legrand

13.3.11.    BuildingIQ

14.    Acronyms

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Frequently Asked Questions

The global smart buildings market in 2020 is estimated for more than US$ 55.7 Bn and expected to reach a value of US$ 141.7 Bn by 2028 with a significant CAGR of 12.4%.

A smart building consists of microchips, sensors, and actuators, in order to accumulate data and administer it as per the business’ services and functions. This kind of smart infrastructure helps operators, owners, and facility managers to enhance asset performance and reliability, which cuts off energy use, upgrades how the capacity is used and reduces the environmental impact of buildings. Many decades ago, buildings just provided mankind the essentials which are shelter, safety, and temperature control and at the uniform efficiency level for years.

The global smart buildings market is segmented on the basis of types, building types, and end user.

Some of the key participating players in global smart buildings market are ABB Group, Siemens AG, Schneider Electric, Cisco Systems, Inc., IBM Corporation, Delta Controls, Johnson Controls, Honeywell International Inc., United Technologies Corporation, Legrand, and BuildingIQ