Smart Building Industry 2021
Global Smart Building Industry estimated to Reach US$ 33,547.3 Mn by 2022, Due to Increasing Demand for Integrated Security & Safety Systems
Integrated communication and control systems provide a flexible, effective, comfortable, and secure building environment for operators and occupants. Integrated communication increases building functionality by allowing operators to use a single interface to control an entire network of building automation systems. Intelligent building technology utilizes building automation systems to improve and control many operations. Growing need for integrated security and safety systems in buildings and the implementation of the IoT platform in building automation technology are expected to drive the growth of the Smart Building Industry.
Access Full Report Details and Order this Premium Report @ https://www.absolutemarketsinsights.com/reports/Smart-Building-Market-2018-2026-78
Major Key Players:
Smart Building Industry Participants include Siemens AG, ABB Group, Cisco Systems, Schneider SE, United Technologies Corporation, Building, Inc., Honeywell International, IBM Corporation, Johnson controls, Delta Controls, among others. For instance, On Oct 1, 2017, Schneider Electric launched EcoStruxure Building, a new platform designed to support the management of smart buildings. This new solution integrates both system and application data covering an entire building operation into one single interface.
Key findings of the report:
Europe is expected to account for the largest Smart Building Industry share during the forecast period due to the increased initiatives by the region’s governments to build smart and intelligent structures. Also, with the increasing technological developments and adoption of new infrastructure security & services, this region is projected to boost the market.
Commercial buildings include office buildings, retail infrastructures such as malls, shopping stores, and others. All these buildings have huge utilization of energy and require high-tech security systems and thus commercial buildings have increased utilization of the automated systems. It also helps to create and maintain a safer and more secure, productive and comfortable environment as cost-effectively as possible. The commercial buildings segment accounted for the largest share in 2017 and is expected to retain its dominance throughout the forecast period 2018-2026.
Market Segmentation
Smart Building Industry - By Automation Type
Energy Management
Intelligent Security Systems
Infrastructure Management
Network & Communication Management
Smart Building Industry By Services
Professional Services
Managed Services
Market By Application
Commercial
Residential
Government
Airports
Hospitals
Institutes
Manufacturing & Industrial Facilities
Others
Smart Building Industry By Region
North America
U.S.
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Southeast Asia
Rest of Asia Pacific
Middle East and Africa
GCC Countries
Southern Africa
Rest of Middle East and Africa
Latin America
Brazil
Rest of Latin America
.…
Contact us:
Shreyas Tanna
Phone: +91-740-024-2424
Absolute Markets Insights
Email: [email protected]
COVID-19 Impact Analysis on Smart Building Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2019-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Smart Building Market include Advantech Co. Ltd, Honeywell International Inc., ABB Ltd., IBM Corporation, Siemens AG, Schneider Electric SE, Johnson Controls International PLC, Hitachi Ltd, Sony Corporation, IBM Corporation, and Cisco Systems..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Smart Building Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/smart-building-market/download-sampleMarket SegmentationThe broad Smart Building Market has been sub-grouped into the Component, Building Type and Region.
The report studies these subsets with respect to the geographical segmentation.
The report makes some important proposals for a new project of Smart Home and Smart Building Industry before evaluating its feasibility.
Overall, the report provides an in-depth insight of 2013-2023 global and Chinese Smart Home and Smart Building industry covering all important parameters.Request to Sample for this Report Please click above link @ http://www.arcognizance.com/enquiry-sample/209802 The report provides key statistics on the market status of the Smart Home and Smart Building manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology.
Then, the report explores the international and Chinese major industry players in detail.Global Smart Home and Smart Building Market Key Manufacturers:Honeywell ADT Johnson Controls Siemens UTC Schneider Ingersoll Rand Azbil General Electric Eaton Legrand Vivint ABB Nortek Crestron Lutron Leviton Comcast Acuity Brands Alarm.comEnquire Before buying for this report @ http://www.arcognizance.com/enquiry-before-buying/209802Global Smart Home and Smart Building Market Key Types: Software Information System Building Management System Engineering of Electronic Equipment Plant Installation & ServiceGlobal Smart Home and Smart Building Market Key Application: Commercial Buildings Residential Buildings Government Buildings
Market OverviewThe Global Smart Building Market is expected to reach USD 25,725.0 Million by 2025 at a CAGR of 17.44% during the forecast period.
Market Research Future (MRFR), in its report, envelops segmentations and drivers to provide a better glimpse of the market in the coming years.The evolution of technology has enabled smart building technology to share information about what goes on between buildings and systems to optimize building performance.
However, lack of technical expertise and infrastructure in developing countries is expected to hamper the market growth during the forecast period.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1860Key PlayersThe Key Players of the Global Smart Building Market are Control4 Corporation (US), United Technologies Corporation (US), HCL Technologies Limited (India), Panasonic Corporation (Japan), Advantech Co. Ltd (Taiwan), Johnson Controls International PLC (Ireland), Hitachi Ltd (Japan), Sony Corporation (Japan), IBM Corporation (US), Cisco Systems (US), Honeywell International, Inc. (US), Emerson Electric Co. (US), GEZE GmbH (Germany), Overkiz (France), ABB Group (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), Legrand SA (France), and Huawei Technologies Co. Ltd, (China).Smart Building Global Market - SegmentationThe Global Smart Building Market has been segmented based on Automation, Application, and Region.Based on automation, the market has been classified as intelligent security system (video surveillance system, access control system, emergency management system), building energy management system(energy management system, HVAC control system, lighting control system), infrastructure management system(elevators and escalators management system, smart water management system, parking management system) and network management system.
Smart buildings are equipped with intelligent security systems which provide physical security solutions to the buildings using video surveillance systems, access control systems, and emergency management systems that deliver overall security to the assets and infrastructure of the building from various security threats, suspicious activities, vandalism, thefts, and break-ins.
Buildings use energy to perform various operations such as heating, ventilation, and air-conditioning.
Intelligent infrastructure solutions in infrastructure management systems have many benefits such as they reduce capital cost, optimize building performance, enhance user experience, and help in reducing operating costs.
