Smart Building Market
Smart Building Market

Smart Building Market Report Outlooks (2019-2026)

Straits Research has announced the addition of a new report titled, “Smart Building Market”, into its vast repository of research reports. This research report evaluates the industry status, market size, competitive landscape, market share, and growth opportunity. Then, the report provides an in-depth study of all the leading factors influencing the market on a global and regional level, including key drivers, challenges, opportunities, restraints, threats, and industry-specific trends.

The global smart building market accounted for over USD 7.5 billion in 2017 and is expected to grow at a CAGR of 18.9% during the forecast period, 2019–2026.

The research report takes into consideration the drivers, restraints, trends, and opportunities of the Smart Building market in order to identify the future of the market. The report also provides an estimation of the overall market size in terms of both value and volume and offers qualitative and quantitative insights into the key segments and the geographical subdivisions of the Smart Building market.

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Smart buildings are well-managed buildings that employ integrated physical and digital infrastructures. They optimize space, improve asset reliability, reduce energy consumption and minimize environmental impact. Some of the smart technologies utilized in smart buildings include data gathering devices, energy efficiency measures, automated systems, remote monitoring, wireless technologies, intelligent building management systems, digital infrastructure, adaptive energy systems, information and communications networks, and networked appliances & assistive technologies.

Some of the key players in the market are ABB (Switzerland), Siemens AG (Germany), Honeywell International, Inc. (U.S.), Schneider Electric (France), Cisco Systems, Inc. (U.S.), United Technologies (U.S.), International Business Machines Corporation (U.S.), BuildingIQ (U.S.), Echelon Corporation (U.S.), Hitachi, Ltd. (Japan), and Panasonic Corporation (Japan), Delta Controls (Canada), Johnson Controls (U.S.), and Legrand (France).

With all these analyses and information, this report can act as a valuable guide to readers looking to gain a clear understanding of all the factors that are influencing the market for Smart Building market at present and are projected to remain to do so over the forecast period.

As the report advances further, it explains developing plans and policies, making processes, cost structures of Smart Building market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of the market, market statistics of Smart Building market, upcoming development plans, Market gains, Contact details, Consumption ratio.

Additionally, the information on the latest developments in this Smart Building market, both, at the global as well as regional level, is expected to enhance the decision-making capability of the reader. Up-to-date information on various specifications, buyer analysis, their purchasing volume, prices, and price analysis, and deep insights on the leading suppliers have also been provided in this study for the readers.

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Market Segmentation:

By Type, Hardware, Software, Services,

By Building Type, Commercial Buildings, Industrial Buildings, Residential Buildings,

By Automation Type, Energy Management, Intelligent Security Systems, Infrastructure Management, Network & Communication Management, Others,

The scope of the report:

  • Current market size for 2019 and forecast till 2026
  • Strategic analysis and market focus
  • Latest industry-specific trends and the technological advancements
  • Market developments covering M&A, investment, funding, partnerships, collaborations, etc.
  • Competitive Landscape Analysis

Research objectives:-

  • To study and analyze the global Smart Building consumption (value & volume) by key regions/countries, product type, and application, history data, and forecast to 2026.
  • To understand the structure of the Smart Building market by identifying its various sub-segments.
  • Focuses on the key global Smart Building manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
  • To analyze the Smart Building with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Overall the report offers detailed coverage of Smart Building industry and presents main market trends. This research gives historical and forecasts market size, demand and production forecasts, end use demand details, price trends, and company shares of the leading Smart Building producers to provide exhaustive coverage of the market.

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