Smart Buildings Market Share, Size, Trends, Industry Analysis Report, By Component (Solutions, Services); By Building Type (Residential, Commercial, Industrial), By Region; Segment Forecast, 2022 - 2030

Smart Buildings Market Share, Size, Trends, Industry Analysis Report, By Component (Solutions, Services); By Building Type (Residential, Commercial, Industrial), By Region; Segment Forecast, 2022 - 2030

The global smart buildings market size is expected treach USD 173.70 billion by 2030 according ta new study by Polaris Market Research. The report “Smart Buildings Market Share, Size, Trends, Industry Analysis Report, By Component (Solutions, Services); By Building Type (Residential, Commercial, Industrial), By Region; Segment Forecast, 2022 – 2030” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

The growing consumption of energy and the rising government initiatives boost industry growth during the forecast period. Concerns about energy sources have arisen due tthe world’s growing demand for energy. For example, according tthe Royal Institution of Chartered Surveyors (RICS) report, building construction and processes account for 36% of global total electricity use and nearly 40% of energy-related CO2 emissions, prompting a strong focus on greener technologies.

Singapore’s government has alsimplemented a Green Mark Scheme. The infrastructure are assigned a traffic-light code based on their environmental friendliness. The journey tsmart living is well underway, with a target of 80% of buildings being certified as green underneath this scheme by 2030.

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Based on the building type, the commercial building segment accounted for the leading share in the industry. Advanced IoT sensors are installed in intelligent commercial buildings tgather information from numerous building functions and components, data that the building’s controller can use tautomate and improve the building’s ongoing maintenance. Building operators use this intelligent IoT data tdetermine operational inefficiencies and structurally attractive controls and automate important building tasks such as heat and illumination management.

Marjor players such as Honeywell International Inc., CiscSystems, Inc., Emerson Electric Co., Hitachi Ltd., IBM Corporation, Johnson Controls, ABB Ltd., Legrand SA, Schneider Electric SE, Endeavor Business Media, and Siemens AG are key players operating in the global market.

In January 2022, Johnson Controls announced its acquisition of FogHorn, a leading provider of Edge AI software for residential and manufacturing Internet of Things (IoT) solutions. Johnson Controls ramped up its aspiration of autonomous building structures that continuously gain knowledge, adapt, and are responsive tthe environment’s needs in general by pervasively incorporating Foghorn’s world-class Edge AI across its OpenBlue solution portfolio.

Polaris market research has segmented the smart buildings market report based on component, building type, and region:

Smart Buildings, Component Outlook (Revenue – USD Billion, 2018 – 2030)

  • Solutions
  • Safety and Security Management
Access Control System

VideSurveillance System

Fire and Life Safety System
  • Energy Management
HVAC Control System

Lighting Management System
  • Building Infrastructure Management
Parking Management System

Smart Water Management System

Elevator and Escalator Management System
  • Network Management
Wired Technology

Wireless Technology
  • IWMS
Operations and Services Management

Real Estate Management

Environment and Energy Management

Facility Management

Capital Project Management
  • Services
Consulting

Implementation

Support and Maintenance

Smart Buildings, Building Type Outlook (Revenue – USD Billion, 2018 – 2030)
  • Residential
  • Commercial
  • Industrial
Smart Buildings, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
  • North America
  • U.S.
  • Canada
  • Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Smart Buildings Market Insights
4.1. Smart Buildings Market – Industry Snapshot
4.2. Smart Buildings Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rise in adoption of IoT-enabled BMS
4.2.1.2. Increase in awareness of space utilization
4.2.2. Restraints and Challenges
4.2.2.1. Lack of cooperation among standard bodies
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Smart Buildings Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Smart Buildings Market, by Component
5.1. Key Findings
5.2. Introduction
5.2.1. Global Smart Buildings, by Component, 2018 - 2030 (USD Billion)
5.3. Solutions
5.3.1. Global Smart Buildings Market, by Solutions, by Region, 2018 - 2030 (USD Billion)
5.3.2. Safety and Security Management
5.3.2.1. Global Smart Buildings Market, by Safety and Security Management, by Region, 2018 - 2030 (USD Billion)
5.3.2.2. Access Control System
5.3.2.2.1. Global Smart Buildings Market, by Access Control System, by Region, 2018 - 2030 (USD Billion)
5.3.2.3. Video Surveillance System
5.3.2.3.1. Global Smart Buildings Market, by Video Surveillance System, by Region, 2018 - 2030 (USD Billion)
5.3.2.4. Fire And Life Safety System
5.3.2.4.1. Global Smart Buildings Market, by Fire And Life Safety System, by Region, 2018 - 2030 (USD Billion)
5.3.3. Energy Management
5.3.3.1. Global Smart Buildings Market, by Energy Management, by Region, 2018 - 2030 (USD Billion)
5.3.3.2. HVAC Control System
5.3.3.2.1. Global Smart Buildings Market, by HVAC Control System, by Region, 2018 - 2030 (USD Billion)
5.3.3.3. Lighting Management System
5.3.3.3.1. Global Smart Buildings Market, by Lighting Management System, by Region, 2018 - 2030 (USD Billion)
5.3.4. Building Infrastructure Management
5.3.4.1. Global Smart Buildings Market, by Building Infrastructure Management, by Region, 2018 - 2030 (USD Billion)
5.3.4.2. Parking Management System
5.3.4.2.1. Global Smart Buildings Market, by Parking Management System, by Region, 2018 - 2030 (USD Billion)
5.3.4.3. Smart Water Management System
5.3.4.3.1. Global Smart Buildings Market, by Smart Water Management System, by Region, 2018 - 2030 (USD Billion)
5.3.4.4. Elevator and Escalator Management System
5.3.4.4.1. Global Smart Buildings Market, by Elevator and Escalator Management System, by Region, 2018 - 2030 (USD Billion)
5.3.5. Network Management
5.3.5.1. Global Smart Buildings Market, by Network Management, by Region, 2018 - 2030 (USD Billion)
5.3.5.2. Wired Technology
5.3.5.2.1. Global Smart Buildings Market, by Wired Technology, by Region, 2018 - 2030 (USD Billion)
5.3.5.3. Wireless Technology
5.3.5.3.1. Global Smart Buildings Market, by Wireless Technology, by Region, 2018 - 2030 (USD Billion)
5.3.6. IWMS
5.3.6.1. Global Smart Buildings Market, by IWMS, by Region, 2018 - 2030 (USD Billion)
5.3.6.2. Operations and Building Type Management
5.3.6.2.1. Global Smart Buildings Market, by Operations and Building Type Management, by Region, 2018 - 2030 (USD Billion)
5.3.6.3. Real Estate Management
5.3.6.3.1. Global Smart Buildings Market, by Real Estate Management, by Region, 2018 - 2030 (USD Billion)
5.3.6.4. Environment and Energy Management
5.3.6.4.1. Global Smart Buildings Market, by Environment and Energy Management, by Region, 2018 - 2030 (USD Billion)
5.3.6.5. Facility Management
5.3.6.5.1. Global Smart Buildings Market, by Facility Management, by Region, 2018 - 2030 (USD Billion)
5.3.6.6. Capital Project Management
5.3.6.6.1. Global Smart Buildings Market, by Capital Project Management, by Region, 2018 - 2030 (USD Billion)
5.4. Services
5.4.1. Global Smart Buildings Market, by Services, by Region, 2018 - 2030 (USD Billion)
5.4.2. Consulting
5.4.2.1. Global Smart Buildings Market, by Consulting, by Region, 2018 - 2030 (USD Billion)
5.4.3. Implementation
5.4.3.1. Global Smart Buildings Market, by Implementation, by Region, 2018 - 2030 (USD Billion)
5.4.4. Support and Maintenance
5.4.4.1. Global Smart Buildings Market, by Support and Maintenance, by Region, 2018 - 2030 (USD Billion)
6. Global Smart Buildings Market, by Building Type
6.1. Key Findings
6.2. Introduction
6.2.1. Global Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
6.3. Residential
6.3.1. Global Smart Buildings Market, by Residential, by Region, 2018 - 2030 (USD Billion)
6.4. Commercial
6.4.1. Global Smart Buildings Market, by Commercial, by Region, 2018 - 2030 (USD Billion)
6.5. Industrial
6.5.1. Global Smart Buildings Market, by Industrial, by Region, 2018 - 2030 (USD Billion)
7. Global Smart Buildings Market, by Geography
7.1. Key findings
7.2. Introduction
7.2.1. Smart Buildings Market Assessment, By Geography, 2018 - 2030 (USD Billion)
7.3. Smart Buildings Market – North America
7.3.1. North America: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.3.2. North America: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.3.3. Smart Buildings Market – U.S.
7.3.3.1. U.S.: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.3.3.2. U.S.: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.3.4. Smart Buildings Market – Canada
7.3.4.1. Canada: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.3.4.2. Canada: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.4. Smart Buildings Market – Europe
7.4.1. Europe: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.4.2. Europe: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.4.3. Smart Buildings Market – UK
7.4.3.1. UK: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.4.3.2. UK: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.4.4. Smart Buildings Market – France
7.4.4.1. France: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.4.4.2. France: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.4.5. Smart Buildings Market – Germany
7.4.5.1. Germany: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.4.5.2. Germany: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.4.6. Smart Buildings Market – Italy
7.4.6.1. Italy: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.4.6.2. Italy: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.4.7. Smart Buildings Market – Spain
7.4.7.1. Spain: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.4.7.2. Spain: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.4.8. Smart Buildings Market – Netherlands
7.4.8.1. Netherlands: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.4.8.2. Netherlands: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.4.9. Smart Buildings Market – Russia
7.4.9.1. Russia: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.4.9.2. Russia: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.5. Smart Buildings Market – Asia Pacific
7.5.1. Asia Pacific: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.5.2. Asia Pacific: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.5.3. Smart Buildings Market – China
7.5.3.1. China: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.5.3.2. China: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.5.4. Smart Buildings Market – India
7.5.4.1. India: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.5.4.2. India: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.5.5. Smart Buildings Market – Malaysia
7.5.5.1. Malaysia: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.5.5.2. Malaysia: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.5.6. Smart Buildings Market – Japan
7.5.6.1. Japan: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.5.6.2. Japan: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.5.7. Smart Buildings Market – Indonesia
7.5.7.1. Indonesia: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.5.7.2. Indonesia: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.5.8. Smart Buildings Market – South Korea
7.5.8.1. South Korea: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.5.8.2. South Korea: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.6. Smart Buildings Market – Middle East & Africa
7.6.1. Middle East & Africa: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.6.2. Middle East & Africa: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.6.3. Smart Buildings Market – Saudi Arabia
7.6.3.1. Saudi Arabia: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.6.3.2. Saudi Arabia: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.6.4. Smart Buildings Market – UAE
7.6.4.1. UAE: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.6.4.2. UAE: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.6.5. Smart Buildings Market – Israel
7.6.5.1. Israel: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.6.5.2. Israel: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.6.6. Smart Buildings Market – South Africa
7.6.6.1. South Africa: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.6.6.2. South Africa: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.7. Smart Buildings Market – Latin America
7.7.1. Latin America: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.7.2. Latin America: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.7.3. Smart Buildings Market – Mexico
7.7.3.1. Mexico: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.7.3.2. Mexico: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.7.4. Smart Buildings Market – Brazil
7.7.4.1. Brazil: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.7.4.2. Brazil: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
7.7.5. Smart Buildings Market – Argentina
7.7.5.1. Argentina: Smart Buildings Market, by Building Type, 2018 - 2030 (USD Billion)
7.7.5.2. Argentina: Smart Buildings Market, by Component, 2018 - 2030 (USD Billion)
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
9.1. ABB Ltd
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Cisco Systems Inc
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. Emerson Electric Co.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. Endeavor Business Media
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. Dahua Technology
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Hitachi Ltd.
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. Honeywell International Inc.
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. JENOPTIK
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. IBM Corporation
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Johnson Controls
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Legrand SA
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. Schneider Electric SE
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
9.13. Siemens AG.
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Recent Development

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