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  • Published In : May 2023
  • Code : CMI5733
  • Pages : 170
  • Formats :
      Excel and PDF
  • Industry : Smart Technologies
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Smart Building is a term that describes a building that incorporates digital technologies into the fabric of the structure. These technologies include sensors, actuators and a data network that connects all the systems that run the building. The advantages of a Smart Building are reduced operating and maintenance costs, more information and control, better living conditions and increased sustainability for the environment. Moreover, it reduces security risks and increases occupant safety due to a variety of monitoring systems that detect possible problems such as fires or accidents.

Market Dynamics:

Technological advancements and the increase in entrepreneurship is expected to drive growth of the global smart building market during the forecast period. This has led to the rise of startups and smaller enterprises that are able to provide innovative and better industrial and automation solutions.

However, factors such as high cost, and lack of skilled professionals is expected to drive growth of the global smart building market over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of the global smart building market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global smart building market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Softdel (A UNIDEL Company), ABB Ltd., Hitachi Ltd., Honeywell International, Avnet Inc., Siemens AG, Legrand SA, Schneider Electric SE, Johnson Controls Inc., Huawei Technologies Co. Ltd., Cisco Systems, and IBM Corporation.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global smart building market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart building market

Detailed Segmentation:

  • Global Smart Building Market, By Component:
    • Solution
      • Building Energy Management System
      • Infrastructure Management System
      • Intelligent Security System
      • Other Solutions Services
    • Services
  • Global Smart Building Market, By Application:
    • Residential
    • Commercial
  • Global Smart Building Market, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company profiles:
    • ABB Ltd
    • Honeywell International
    • Siemens AG
    • Schneider Electric SE
    • Huawei Technologies Co. Ltd
    • IBM Corporation
    • Cisco Systems
    • Johnson Controls Inc
    • Legrand SA
    • Avnet Inc
    • Hitachi Ltd
    • Softdel (A UNIDEL Company)

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Component
      • Market Snapshot, By Application
      • Market Snapshot, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Increasing concerns regarding energy consumption
        • Rise in initiatives from governments on smart infrastructure projects
      • Restraints
        • Lack of technology alignment
        • Dearth of skilled workforce
      • Opportunities
        • Increasing focus of governments on sustainable development
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product launch/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Smart Building Market – Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. Global Smart Building Market, By Component, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
      • Segment Trends
    • Solution
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
        • Building Energy Management System
        • Infrastructure Management System
        • Intelligent Security System
        • Other Solutions Services
    •  Services
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
  6. Global Smart Building Market, By Application, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017– 2030
      • Segment Trends
    • Residential
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
    • Commercial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
  7. Global Smart Building Market, By Region, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, For Country 2017–2030
      • Country Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
  8. Competitive Landscape
    • ABB Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Honeywell International
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Siemens AG
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Schneider Electric SE
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Huawei Technologies Co. Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • IBM Corporation
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Cisco Systems
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Johnson Controls Inc.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Legrand SA
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Avnet Inc.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Hitachi Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Softdel (A UNIDEL Company)
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Analyst Views
  9. Section
    • Research Methodology
    • About us

*Browse 24 market data tables and 28 figures on “Global Smart Building Market” - Global Forecast to 2030

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