Dublin, December 7, 2021 (GLOBE NEWSWIRE) – The “Smart Buildings Market Research Report by Building Type, Component and Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” the report was added to ResearchAndMarkets.com offer.
The global smart buildings market size was estimated to be USD 13,486.58 million in 2020, is expected to reach USD 16,588.72 million in 2021, and is expected to grow at a CAGR of 23.34% to reach USD 47,481.81 million. ‘by 2026.
The report provides market size and forecast in five major currencies: USD, EUR GBP, JPY, and AUD. It helps organizational leaders make better decisions when currency data is readily available. In this report, the years 2018 and 2019 are considered as historical years, 2020 as the base year, 2021 as the estimated year and the years 2022 to 2026 are considered as the forecast period.
Market segmentation and coverage
This research report categorizes Smart Building to forecast revenue and analyze trends in each of the following submarkets:
- Depending on the type of building, the market has been studied in the commercial, industrial and residential sectors.
- Based on the component, the market has been studied through the services and the solution. Services are explored in more detail in the areas of consulting, support and maintenance, as well as systems integration and deployment. The solution is further explored in the areas of building infrastructure management, energy management, grid management, security and emergency, and workforce management. Building infrastructure management is further explored in Elevator and Escalator Management System, Parking Lot Management System and Intelligent Water Management System. Energy management is further explored in HVAC control system and lighting system. Security and emergency management is further explored in the access control system, security system and video surveillance system.
- Based on the region, the market has been studied in the Americas, Asia-Pacific and Europe, Middle East and Africa. The Americas are studied in more detail in Argentina, Brazil, Canada, Mexico and the United States. The United States is studied in more detail in California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. Asia-Pacific is further explored in Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea and Thailand. Europe, the Middle East and Africa are studied in more detail in France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates and United Kingdom.
Competitive strategic window
The Competitive Strategy Window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for suppliers to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to continue the expansion and growth of the business during a forecast period.
FPNV positioning matrix
The FPNV Positioning Matrix assesses and categorizes vendors in the smart building market based on business strategy (company growth, industry coverage, financial viability, and channel support) and product satisfaction (value for the money, ease of use, product features, and customer support) that helps businesses make better decisions and better understand the competitive landscape.
Market share analysis
The market share analysis offers the analysis of the suppliers considering their contribution to the overall market. It provides the idea of its revenue generation in the overall market compared to other space providers. It provides insight into the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of the size and competitiveness of the suppliers for the base year. It reveals the characteristics of the market in terms of traits of accumulation, fragmentation, dominance and fusion.
Company usability profiles
The report deeply explores the significant recent developments of leading vendors and innovation profiles in the global smart building market including ABB Ltd., Aquicore, Inc., BuildingIQ, Cisco Systems, Inc., CopperTree Analytics Inc., En- Touch Alarm Systems, Inc., Hitachi, Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Igor, Inc., Intel Corporation, International Business Machines Corporation, Johnson Controls International PLC, KMC Controls, Inc., L & T Technology Services Ltd., Legrand SA, Mode Green Integrated Building Technology, PointGrab Ltd., PTC Inc., Robert Bosch GmbH and Siemens AG.
The report provides information on the following pointers:
1. Market penetration: provides comprehensive information on the market offered by major players
2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration into mature market segments.
3. Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments
4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of key players
5. Product Development and Innovation: Provides intelligent information on future technologies, R&D activities and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast for the global Smart Building market?
2. What are the inhibitory factors and impact of COVID-19 shaping the global Smart Building market during the forecast period?
3. What are the products / segments / applications / areas to invest in during the forecast period in the global Smart Building Market?
4. What is the competitive strategic window for opportunities in the global smart buildings market?
5. What are the technological trends and regulatory frameworks in the global smart buildings market?
6. What is the market share of the major vendors in the global smart buildings market?
7. What strategic fashions and moves are considered appropriate for entering the global smart buildings market?
Main topics covered:
2. Research methodology
3. Executive summary
4. Market overview
4.2. Cumulative impact of COVID-19
5. Market dynamics
5.2.1. Growing government initiative for the development of smart infrastructure
5.2.2. Growing need for energy efficient and sustainable buildings around the world
5.2.3. Accelerating adoption of IoT-enabled BMS
5.3.1. Capital intensive implementation and privacy concerns
5.4.1. Continuous development and adoption of 5G technology
5.4.2. Emerging progress of smart cities around the world
5.5.1. Lack of expertise and technological alignment
6. Smart building market, by building type
7. Smart building market, by component
7.2.2. Assistance and maintenance
7.2.3. System integration and deployment
7.3.1. Building infrastructure management
184.108.40.206. Elevator and escalator management system
220.127.116.11. Parking management system
18.104.22.168. Intelligent water management system
7.3.2. Energy management
22.214.171.124. HVAC control system
126.96.36.199. Lighting system
7.3.3. Network management
7.3.4. Security and emergency management
188.8.131.52. Access control system
184.108.40.206. Security system
220.127.116.11. CCTV system
7.3.5. Workforce management
8. Americas Smart Buildings Market
8.6. United States
9. Asia-Pacific smart buildings market
9.10. South Korea
10. Smart building market in Europe, Middle East and Africa
10.8. Saudi Arabia
10.9. South Africa
10.11. United Arab Emirates
11. Competitive landscape
11.1. FPNV positioning matrix
11.1.2. Business strategy
11.1.3. Product satisfaction
11.2. Market ranking analysis
11.3. Market share analysis, by key player
11.4. Competitive scenario
11.4.1. Merger & Acquisition
11.4.2. Agreement, collaboration and partnership
11.4.3. New product launch and improvement
11.4.4. Investment and financing
11.4.5. Awards, recognition and expansion
12. Company usability profiles
12.1. ABB SA
12.2. Aquicore, Inc.
12.4. Cisco Systems, Inc.
12.5. CopperTree Analytics Inc.
12.6. En-Touch Alarm Systems, Inc.
12.7. Hitachi, Ltd.
12.8. Honeywell International Inc.
12.9. Huawei Technologies Co. Ltd.
12.10. Igor, Inc.
12.11. Intel company
12.12. International Business Machines Corporation
12.13. Johnson Controls International PLC
12.14. KMC Controls, Inc.
12.15. L & T Technology Services Ltd.
12.16. Legrand SA
12.17. Mode Green integrated construction technology
12.18. PointGrab Ltd.
12.19. PTC Inc.
12.20. Robert Bosch GmbH
12.21. Siemens AG
For more information on this report, visit https://www.researchandmarkets.com/r/48337p