Smart Building Market

A Smart Building is: Also referred to as an Intelligent Building. Smart buildings improve the productivity of people and processes by leveraging technology & actionable information to help you & your building make better decisions and become smart, efficient and sustainable.An integrated Smart Building with various sub-systems including: Intelligent Integrated System (IIS), Information Technology System Infrastructure (ITSI), Information Technology Applying System (ITAS), Building facilities Management System (BMS), Public Security System (PSS) and Engineering of Electronic Equipment Plant (EEEP). The integrated system integrates the isolated devices, functionalities and information of BMS, PSS, ITAS into a correlated and harmonized system via ITSI, with stability, combinability and extendibility by ensuring to the combined management and correlations of the systems devices.

Smart Building Market contains market size and forecasts of Smart Building in Global, including the following market information:

• Global Smart Building Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global top five companies in 2021 (%)

The global Smart Building market was valued at 70720 million in 2021 and is projected to reach US$ 151370 million by 2028, at a CAGR of 11.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Building Management System (BMS) Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Smart Building include Johnson Controls, Honeywell, Schneider, UTC, Siemens, Ingersoll Rand (Trane), Azbil, ABB and Emerson, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Smart Building 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 Building Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Smart Building Market Segment Percentages, by Type, 2021 (%)

• Building Management System (BMS)
• HVAC
• Lighting Control
• Security and Access Control
• Emergency Alarm and Evacuation System
• Audio and Visual Effects
• Escalator
• Elevator
• Others

Global Smart Building Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Smart Building Market Segment Percentages, by Application, 2021 (%)

• Government Buildings
• Residential Buildings
• Commercial Building

Global Smart Building Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Smart Building Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Smart Building revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Smart Building revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Johnson Controls
• Honeywell
• Schneider
• UTC
• Siemens
• Ingersoll Rand (Trane)
• Azbil
• ABB
• Emerson
• Eaton
• Control4
• Bosch
• Panasonic
• Delta Controls
• Legrand
• Cisco
• IBM
• Advantech
• Current (GE)
• Carrier
• Otis
• Hitachi