Smart building integrates major building systems on a common network and shares information and functionality between systems to improve energy efficiency, operational effectiveness, and inhabitant satisfaction.
2. Smart building integrates major building systems on a common network and shares
information and functionality between systems to improve energy efficiency, operational
effectiveness, and inhabitant satisfaction. It can be also referred as automated buildings,
that integrate smart technology. Smart building refers to build environments such as
offices, schools, apartments, museums, university campuses, hospitals, malls, and outdoor
areas that are enabled for co-operation of smart objects and systems, and for ubiquitous
interaction with frequent and sporadic visitors. Some of the smart technologies used for
smart buildings are data gathering devices, automated systems, wireless technologies,
intelligent building management systems, digital infrastructure, remote monitoring, energy
efficiency measures, adaptive energy systems, information and communications networks,
and networked appliances & assistive technologies.
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3. The primary factors driving the growth of the global smart building market include increasing
necessity for integrated security and safety solutions, rising demand for high operational efficiency
in constructions and increasing government programs on smart building developments. In addition,
rising electricity expenditures and increasing energy consumption have compelled proprietors for
the smart buildings that are controlled by the automated systems and allow them to work effortlessly
to prevent energy wastages are also supporting the market growth. However, High initial investment
needed for well-integrated smart technologies is the restrain that would hamper the growth of the
market. Moreover, increasing wave of smart cities and rising cloud based IoT platforms would
generate profitable opportunities for the global smart building market.
The global smart building market is mainly classified on the basis of type, application and
geography. Type segment is classified into building communication systems, parking management
systems, elevators and escalators management system, plumbing and water management system,
building energy management system (BEMS), and physical security system. Application segment is
bifurcated into commercial buildings, institutional, airports, industrial, hospitality, residential
buildings, and other applications.
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4. Honeywell International Inc.
Hitachi, Ltd.
IBM
Schneider Electric
Johnson Controls
Johnson Controls
Emerson Electric Co
GENERAL ELECTRIC
DELTA CONTROLS
Cisco Systems, Inc.
Ingersoll-Rand plc
Hewlett Packard Enterprise
Accenture
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5. The report will provide detailed analysis of Global Smart Building Market with respect to major
segments such as type, application and geography.
The report will include the qualitative and quantitative analysis with market estimation over 2016
– 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be provided
in the report
An exhaustive regional analysis of Global Smart Building Market has been included in the report
Profile of the key players in the Global Smart Building Market will be provided, which include key
financials, product & services, new developments and business strategies
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6. Type Segments
Building Communication Systems
Parking Management Systems
Elevators and Escalators Management System
Plumbing and Water Management System
Building Energy Management System (BEMS)
Physical Security System
Application Segments
Commercial Buildings
Institutional
Airports
Industrial
Hospitality
Residential Buildings
Other Applications
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Head - Sales
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649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
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