1. Global Smart Building Market Research Report, 2023-
2029
Market Value:
• 2021 = USD 9.2 billion
• 2028 = USD 25.58 billion
• CAGR = 15.6%
• Date Published: January 2023
Publisher: Introspective Market Research
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Annual Market Size and Forecast
Technological Roadmap & Regulatory Landscape
Analysis on type and applications
Industry Value Chain Analysis
Analysis on Major Trends
Key strategies by Top Market Players
Market Share Analysis 2021
REPORT OUTCOMES
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Global Smart Building Market was valued at USD 9.2 billion in 2021 and is expected to
reach USD 25.58 billion by the year 2028, at a CAGR of 15.6%.
A smart building is a modern structure that employs automated processes to monitor various
building systems such as air conditioning, heating, protection, energy management, ventilation,
and others. Smart buildings contain a variety of smart devices and electronic components, such
as sensors, microchips, microcontrollers, and microprocessors that collect and process relevant
data and manage it in order to monitor the smart building's operations automatically. Anything
in a smart building can be monitored remotely, from lighting and elevators to security and
temperature. The use of automated and remote control of such smart building components
eliminates manual processes, operating costs, and errors in smart building systems. Residential,
commercial, manufacturing, government, and public service buildings are all examples of
smart buildings.
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The global Smart Building Market report provides comprehensive market information,
including classifications, definitions, and market analysis. This also helps with the awareness
of various item specifics, the manufacturing cycle, the supply chain, and the cost structure.
Along these lines, the understanding of the project's structural squares and key drivers of
development is enhanced. To estimate the market size, boundaries such as import and fare,
rules in various nations, inflation, legal and political variables, financial elements, and other
minor aspects inside organizations have been broken down. The research examines the
competitive landscape as well as the most current positions of major rivals in the Smart
Building industry.
Segmentation of Smart Building Market: -
By Type
• Building Management System (BMS)
• Heating, Ventilating and Air Conditioning (HVAC)
• Lighting Control
• Security and Access Control
• Emergency Alarm and Evacuation System
• Audio and Visual Effects
• Escalator
• Elevator
• Others
By Application
• Government Buildings
• Residential Buildings
• Commercial Building
By Fuel Type
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• Diesel
• Gasoline
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of
APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Top Key Players Covered Smart Building Market: -
• Johnson Controls
• Honeywell
• Schneider
• UTC
• Siemens
• Ingersoll Rand (Trane)
• Azbil
• ABB
• Emerson
• UTC
• Siemens
• Bosch
• Panasonic
• Delta Controls
• Legrand
• Cisco
• IBM
• Advantech
Regional Outlook of Smart Building Market
The COVID-19 epidemic had a negative impact on the North American economy. However,
in order to re-launch the economy, the region has begun to relax controls and remove lockdown
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measures. Facility managers can optimize their jobs and build a better atmosphere for facility
occupants because North America is a technologically advanced region. As more workers
operate from home, the need for smart buildings to integrate modern office environments has
increased. There has been an increase in demand for smart building technologies and services
as European countries have begun to loosen restrictions for commercial properties and
industries.
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Report Includes Competitor's Landscape:
• Major trends and growth projections by region and country
• Key winning strategies followed by the competitors
• Who are the key competitors in this industry?
• What shall be the potential of this industry over the forecast tenure?
• What are the factors propelling the demand for the Action Figures and Statues?
• What are the opportunities that shall aid in significant proliferation of the market
growth?
• What are the regional and country wise regulations that shall either hamper or boost
the demand for Action Figures and Statues?
• How has the covid-19 impacted the growth of the market?
• Has the supply chain disruption caused changes in the entire value chain?
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Table of Content: -
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Smart Building Market by Type
5.1 Smart Building Market Overview Snapshot and Growth Engine
5.2 Smart Building Market Overview
5.3 Building Management System (BMS)
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Building Management System (BMS): Grographic Segmentation
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5.4 Heating
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Heating: Grographic Segmentation
5.5 Ventilating & Air Conditioning (HVAC)
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Ventilating & Air Conditioning (HVAC): Grographic Segmentation
5.6 Lighting Control
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Lighting Control: Grographic Segmentation
5.7 Security & Access Control
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Security & Access Control: Grographic Segmentation
5.8 Emergency Alarm & Evacuation System
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size (2016-2028F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Emergency Alarm & Evacuation System: Grographic Segmentation
5.9 Audio & Visual Effects
5.9.1 Introduction and Market Overview
5.9.2 Historic and Forecasted Market Size (2016-2028F)
5.9.3 Key Market Trends, Growth Factors and Opportunities
5.9.4 Audio & Visual Effects: Grographic Segmentation
5.10 Escalator
5.10.1 Introduction and Market Overview
5.10.2 Historic and Forecasted Market Size (2016-2028F)
5.10.3 Key Market Trends, Growth Factors and Opportunities
5.10.4 Escalator: Grographic Segmentation
5.11 Elevator
5.11.1 Introduction and Market Overview
5.11.2 Historic and Forecasted Market Size (2016-2028F)
5.11.3 Key Market Trends, Growth Factors and Opportunities
5.11.4 Elevator: Grographic Segmentation
5.12 Others
5.12.1 Introduction and Market Overview
5.12.2 Historic and Forecasted Market Size (2016-2028F)
5.12.3 Key Market Trends, Growth Factors and Opportunities
5.12.4 Others: Grographic Segmentation
Chapter 6: Smart Building Market by Application
6.1 Smart Building Market Overview Snapshot and Growth Engine
6.2 Smart Building Market Overview
6.3 Government Buildings
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6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Government Buildings: Grographic Segmentation
6.4 Residential Buildings
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Residential Buildings: Grographic Segmentation
6.5 Commercial Building
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Commercial Building: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Smart Building Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Smart Building Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Smart Building Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 JOHNSON CONTROLS
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 HONEYWELL
7.4 SCHNEIDER
7.5 UTC
7.6 SIEMENS
7.7 INGERSOLL RAND (TRANE)
7.8 AZBIL
7.9 ABB
7.10 EMERSON
7.11 UTC
7.12 SIEMENS
7.13 BOSCH
7.14 PANASONIC
7.15 DELTA CONTROLS
7.16 LEGRAND
7.17 CISCO
7.18 IBM
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7.19 ADVANTECH
7.20 OTHER MAJOR PLAYERS
Chapter 8: Global Smart Building Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Building Management System (BMS)
8.2.2 Heating
8.2.3 Ventilating & Air Conditioning (HVAC)
8.2.4 Lighting Control
8.2.5 Security & Access Control
8.2.6 Emergency Alarm & Evacuation System
8.2.7 Audio & Visual Effects
8.2.8 Escalator
8.2.9 Elevator
8.2.10 Others
8.3 Historic and Forecasted Market Size By Application
8.3.1 Government Buildings
8.3.2 Residential Buildings
8.3.3 Commercial Building
Chapter 9: North America Smart Building Market Analysis, Insights and Forecast, 2016-2028
To Be Continued…
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Terms of Use:
This research study involved the extensive usage of both primary and secondary data
sources. The research process involved the study of various factors affecting the
industry, including the government policy, market environment, competitive
landscape, historical data, present trends in the market, technological innovation,
upcoming technologies and the technical progress in related industry, and market
risks, opportunities, market barriers and challenges. The following illustrative figure
shows the market research methodology applied in this report.
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Top-down and bottom-up approaches are used to validate the global market size
market and estimate the market size for Company, regions segments, product
segments and Application (end users).
