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The smart buildings market is forecasted to grow by USD 76.8 billion during 2024-2029, accelerating at a CAGR of 11.3% during the forecast period. The report on the smart buildings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for building automation to enhance business outcomes, need for enhanced safety and security systems, and increasing need to conserve energy.
The smart buildings market is segmented as below:
By Product
- BMS
- HVAC
- Lighting control
- Security and access control
- Others
By Component
- Software
- Hardware
- Services
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the smart buildings market covers the following areas:
- Smart Buildings Market sizing
- Smart Buildings Market forecast
- Smart Buildings Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Component
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global smart buildings market: ABB Ltd, Advantech Co. Ltd., BuildingLogiX, Cisco Systems Inc., Delta Electronics Inc., Emerson Electric Co., Honeywell International Inc., International Business Machines Corp., Johnson Controls, L and T Technology Services Ltd., Legrand SA, Panasonic Holdings Corp., Robert Bosch GmbH, RTX Corp., Schneider Electric SE, Siemens AG, Smarteh d.o.o., Snap One LLC, Softdel System Pte. Ltd., and Switch Automation.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing integration of iot with building automation software."
According to the report, one of the major drivers for this market is the growing need for building automation to enhance business outcomes.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd
- Advantech Co. Ltd.
- BuildingLogiX
- Cisco Systems Inc.
- Delta Electronics Inc.
- Emerson Electric Co.
- Honeywell International Inc.
- International Business Machines Corp.
- Johnson Controls
- L and T Technology Services Ltd.
- Legrand SA
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- RTX Corp.
- Schneider Electric SE
- Siemens AG
- Smarteh d.o.o.
- Snap One LLC
- Softdel System Pte. Ltd.
- Switch Automation
