Smart building is a solution that transforms an automated building into an intelligent building. It integrates building management systems (BMS) with business systems and provides data analytical tools to all standalone systems to enable the control systems capabilities of making decisions. Smart buildings have automated seamless integration of all the standalone system backed by building Internet of things (BIoT) to make each device intelligent to understand the environment beyond the provided controls and work. Smart buildings can generate analytical reports with the help of analytical tools of cloud or big data to help managers understand the trends and how optimization can be achieved further.
This report contains market size and forecasts of Smart Buildings in Global, including the following market information:
Global Smart Buildings Market Size 2024-2029, ($ millions)
The global Smart Buildings market is projected to reach US$ 159380 million by 2029.
The Building management system (BMS) segment held the maximum market shares during 2017. The segment is expected to retain its market domIinance due to the increasing industrial development, commercialization, and awareness of the effective utilization of energy and building optimization in regions such as EMEA and APAC. Furthermore, the technological innovations such as the Internet of things (IoT), analytics, and cloud computing for effective monitoring, controlling, and operating building facilities will also propel the adoption of BMS.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Buildings companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Buildings Market, by Type, 2024-2029 ($ millions)
Global Smart Buildings Market Segment Percentages, by Type
Building Management System (BMS)
Heating, Ventilating and Air Conditioning (HVAC)
Lighting Control
Security and Access Control
Emergency Alarm and Evacuation System
Audio and Visual Effects
Otehr
Global Smart Buildings Market, by Application, 2024-2029 ($ millions)
Global Smart Buildings Market Segment Percentages, by Application
Residential
Commercial
Other
Global Smart Buildings Market, By Region and Country, 2024-2029 ($ Millions)
Global Smart Buildings Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Honeywell
Siemens
Schneider Electric
Johnson Controls
United Technologies
Bosch Security Systems
ABB
Advantech
Cisco
Control4
Emerson
IBM
Panasonic
Verdigris Technologies
Legrand
BuildingIQ
Delta Controls
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Smart Buildings Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Smart Buildings Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Smart Buildings Overall Market Size
2.1 Global Smart Buildings Market Size: 2024 VS 2031
2.2 Global Smart Buildings Market Size, Prospects & Forecasts: 2024-2031
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Key Smart Buildings Players in Global Market
3.2 Global Companies Smart Buildings Product & Technology
4 Smart Buildings Companies Profiles
4.1 Honeywell
4.1.1 Honeywell Company Summary
4.1.2 Honeywell Business Overview
4.1.3 Honeywell Smart Buildings Product Offerings & Technology
4.1.4 Honeywell Smart Buildings R&D, and Plans
4.2 Siemens
4.2.1 Siemens Company Summary
4.2.2 Siemens Business Overview
4.2.3 Siemens Smart Buildings Product Offerings & Technology
4.2.4 Siemens Smart Buildings R&D, and Plans
4.3 Schneider Electric
4.3.1 Schneider Electric Company Summary
4.3.2 Schneider Electric Business Overview
4.3.3 Schneider Electric Smart Buildings Product Offerings & Technology
4.3.4 Schneider Electric Smart Buildings R&D, and Plans
4.4 Johnson Controls
4.4.1 Johnson Controls Company Summary
4.4.2 Johnson Controls Business Overview
4.4.3 Johnson Controls Smart Buildings Product Offerings & Technology
4.4.4 Johnson Controls Smart Buildings R&D, and Plans
4.5 United Technologies
4.5.1 United Technologies Company Summary
4.5.2 United Technologies Business Overview
4.5.3 United Technologies Smart Buildings Product Offerings & Technology
4.5.4 United Technologies Smart Buildings R&D, and Plans
4.6 Bosch Security Systems
4.6.1 Bosch Security Systems Company Summary
4.6.2 Bosch Security Systems Business Overview
4.6.3 Bosch Security Systems Smart Buildings Product Offerings & Technology
4.6.4 Bosch Security Systems Smart Buildings R&D, and Plans
4.7 ABB
4.7.1 ABB Company Summary
4.7.2 ABB Business Overview
4.7.3 ABB Smart Buildings Product Offerings & Technology
4.7.4 ABB Smart Buildings R&D, and Plans
4.8 Advantech
4.8.1 Advantech Company Summary
4.8.2 Advantech Business Overview
4.8.3 Advantech Smart Buildings Product Offerings & Technology
4.8.4 Advantech Smart Buildings R&D, and Plans
4.9 Cisco
4.9.1 Cisco Company Summary
4.9.2 Cisco Business Overview
4.9.3 Cisco Smart Buildings Product Offerings & Technology
4.9.4 Cisco Smart Buildings R&D, and Plans
4.10 Control4
4.10.1 Control4 Company Summary
4.10.2 Control4 Business Overview
4.10.3 Control4 Smart Buildings Product Offerings & Technology
4.10.4 Control4 Smart Buildings R&D, and Plans
4.11 Emerson
4.11.1 Emerson Company Summary
4.11.2 Emerson Business Overview
4.11.3 Emerson Smart Buildings Product Offerings & Technology
4.11.4 Emerson Smart Buildings R&D, and Plans
4.12 IBM
4.12.1 IBM Company Summary
4.12.2 IBM Business Overview
4.12.3 IBM Smart Buildings Product Offerings & Technology
4.12.4 IBM Smart Buildings R&D, and Plans
4.13 Panasonic
4.13.1 Panasonic Company Summary
4.13.2 Panasonic Business Overview
4.13.3 Panasonic Smart Buildings Product Offerings & Technology
4.13.4 Panasonic Smart Buildings R&D, and Plans
4.14 Verdigris Technologies
4.14.1 Verdigris Technologies Company Summary
4.14.2 Verdigris Technologies Business Overview
4.14.3 Verdigris Technologies Smart Buildings Product Offerings & Technology
4.14.4 Verdigris Technologies Smart Buildings R&D, and Plans
4.15 Legrand
4.15.1 Legrand Company Summary
4.15.2 Legrand Business Overview
4.15.3 Legrand Smart Buildings Product Offerings & Technology
4.15.4 Legrand Smart Buildings R&D, and Plans
4.16 BuildingIQ
4.16.1 BuildingIQ Company Summary
4.16.2 BuildingIQ Business Overview
4.16.3 BuildingIQ Smart Buildings Product Offerings & Technology
4.16.4 BuildingIQ Smart Buildings R&D, and Plans
4.17 Delta Controls
4.17.1 Delta Controls Company Summary
4.17.2 Delta Controls Business Overview
4.17.3 Delta Controls Smart Buildings Product Offerings & Technology
4.17.4 Delta Controls Smart Buildings R&D, and Plans
5 Sights by Region
5.1 By Region - Global Smart Buildings Market Size, 2024 & 2031
5.2 By Region - Global Smart Buildings Revenue, (2024-2031)
5.3 United States
5.3.1 Key Players of Smart Buildings in United States
5.3.2 United States Smart Buildings Development Current Situation and Forecast
5.4 Europe
5.4.1 Key Players of Smart Buildings in Europe
5.4.2 Europe Smart Buildings Development Current Situation and Forecast
5.5 China
5.5.1 Key Players of Smart Buildings in China
5.5.2 China Smart Buildings Development Current Situation and Forecast
5.6 Rest of World
6 Sights by Product
6.1 By Type - Global Smart Buildings Market Size Markets, 2024 & 2031
6.2 Building Management System (BMS)
6.3 Heating, Ventilating and Air Conditioning (HVAC)
6.4 Lighting Control
6.5 Security and Access Control
6.6 Emergency Alarm and Evacuation System
6.7 Audio and Visual Effects
6.8 Otehr
7 Sights by Application
7.1 By Application - Global Smart Buildings Market Size, 2024 & 2031
7.2 Residential
7.3 Commercial
7.4 Other
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Smart Buildings Market Opportunities & Trends in Global Market
Table 2. Smart Buildings Market Drivers in Global Market
Table 3. Smart Buildings Market Restraints in Global Market
Table 4. Key Players of Smart Buildings in Global Market
Table 5. Global Companies Smart Buildings Product & Technology
Table 6. Honeywell Company Summary
Table 7. Honeywell Smart Buildings Product Offerings
Table 8. Siemens Company Summary
Table 9. Siemens Smart Buildings Product Offerings
Table 10. Schneider Electric Company Summary
Table 11. Schneider Electric Smart Buildings Product Offerings
Table 12. Johnson Controls Company Summary
Table 13. Johnson Controls Smart Buildings Product Offerings
Table 14. United Technologies Company Summary
Table 15. United Technologies Smart Buildings Product Offerings
Table 16. Bosch Security Systems Company Summary
Table 17. Bosch Security Systems Smart Buildings Product Offerings
Table 18. ABB Company Summary
Table 19. ABB Smart Buildings Product Offerings
Table 20. Advantech Company Summary
Table 21. Advantech Smart Buildings Product Offerings
Table 22. Cisco Company Summary
Table 23. Cisco Smart Buildings Product Offerings
Table 24. Control4 Company Summary
Table 25. Control4 Smart Buildings Product Offerings
Table 26. Emerson Company Summary
Table 27. Emerson Smart Buildings Product Offerings
Table 28. IBM Company Summary
Table 29. IBM Smart Buildings Product Offerings
Table 30. Panasonic Company Summary
Table 31. Panasonic Smart Buildings Product Offerings
Table 32. Verdigris Technologies Company Summary
Table 33. Verdigris Technologies Smart Buildings Product Offerings
Table 34. Legrand Company Summary
Table 35. Legrand Smart Buildings Product Offerings
Table 36. BuildingIQ Company Summary
Table 37. BuildingIQ Smart Buildings Product Offerings
Table 38. Delta Controls Company Summary
Table 39. Delta Controls Smart Buildings Product Offerings
Table 40. By Region? Global Smart Buildings Revenue, (US$, Mn), 2024 & 2031
Table 41. By Region - Global Smart Buildings Revenue, (US$, Mn), 2024-2031
Table 42. By Type ? Global Smart Buildings Market Size, (US$, Mn), 2024 & 2031
Table 43. By Application? Global Smart Buildings Market Size, (US$, Mn), 2024 & 2031
List of Figures
Figure 1. Smart Buildings Segment by Type in 2031
Figure 2. Smart Buildings Segment by Application in 2031
Figure 3. Global Smart Buildings Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Smart Buildings Market Size: 2024 VS 2031 (US$, Mn)
Figure 6. Global Smart Buildings Revenue, 2017-2028 (US$, Mn)
Figure 7. By Region - Global Smart Buildings Revenue Market Share, 2024-2031
Figure 8. By Type - Global Smart Buildings Revenue Market Share, 2024-2031
Figure 9. By Application - Global Smart Buildings Revenue Market Share, 2024-2031
