Smart Building Market size and Key Trends in terms of volume and value 2016-2020
Global smart building market was valued at approximate USD 7.0 billion in 2014 and is expected to reach approximately USD 36.0 billion by 2020, growing at a CAGR of slightly over 30% between 2015 and 2020.
Smart Building (Building Energy Management System, Physical Security System, Building Communication Systems, Plumbing & Water Management System, Parking Management Systems, and Elevators & Escalators Management System) Market for Residential, Commercial, Hospitality, Airports, Institutional, Industrial, and Other Buildings: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020
The report covers forecast and analysis for the smart building market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based revenue (USD Million). The study includes drivers and restraints for the smart building market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the smart building market on a global level.
In order to give the users of this report a comprehensive view on the smart building market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the smart building market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.
The study provides a decisive view on the smart building market by segmenting the market based on types, applications and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Based on types the market is segmented into building energy management system, physical security system, building communication systems, plumbing and water management system, parking management systems, and elevators and escalators management system. Key application market covered under this study includes residential buildings, commercial buildings, hospitality, airports, institutional, industrial, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for smart building based on individual applications in all the regions and countries.
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The report also includes detailed profiles of end players such as Johnson Controls, ABB, General Electric, CISCO, Hewlett-Packard, Accenture, Ingersoll Rand Security Technologies, Delta Controls, Emerson Electric, Honeywell, Hitachi, IBM, Schneider Electric, Johnson Controls, TYCO International and Siemens. The detailed description of players includes parameters such as company overview, financial overview, business strategies and SWOT analysis and recent developments of the company.
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