New York, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Smart Buildings Industry" - https://www.reportlinker.com/p06219542/?utm_source=GNW
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one yearGlobal Smart Buildings Market to Reach $124.3 Billion by 2027
- In the changed post COVID-19 business landscape, the global market for Smart Buildings estimated at US$63 Billion in the year 2020, is projected to reach a revised size of US$124.3 Billion by 2027, growing at aCAGR of 10.2% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$69.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 11.4% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $19.1 Billion, While China is Forecast to Grow at 12.4% CAGR
- The Smart Buildings market in the U.S. is estimated at US$19.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.2 Billion by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 9.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.
Select Competitors (Total 201 Featured)
ABB Group
BuildingIQ, Inc.
Cisco Systems, Inc.
Delta Controls Inc.
Ecova, Inc.
GridPoint, Inc.
Honeywell International, Inc.
IBM Corporation
Johnson Controls International PLC
Legrand North America LLC
Schneider Electric SA
Siemens AG
United Technologies Corporation (UTC)
Verdigris Technologies, Inc.
Read the full report: https://www.reportlinker.com/p06219542/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Smart Buildings - Global Key Competitors Percentage Market
Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
Sustainability Remains at the Core of the Emergence & Evolution
of Smart Buildings
The World Reaches Tipping Points in the Climate System
As Time Runs Out, the March Towards Sustainability Must Get
Firmer, Faster & Stronger: Global CO2 Emissions in Billion
Metric Tons of CO2 Per Year
Here?s How Buildings Contribute Towards Climate Change
Carbon Footprint Forecasts for Buildings (In Billion Metric
Tons) for Years 2020, 2025, 2030, 2035, 20240, 2045 & 2050
Sustainability Becomes More Important than Ever. Here?s Why
As Global Temperatures Rise to Worrisome Levels Sustainable
Investments Will Emerge Into an Unstoppable Force in the
Coming Decade: Global Investments in Sustainability (In US$
Billion) for Years 2015, 2018, 2020 and 2022
The Never-Ending ?Race? Between the Virus & Vaccines Continues.
Amidst this Chaotic Battle, Where is the World Economy Heading
Now & Beyond?
Omicron Variant Brings Back Memories & Fears of the Worst Part
of the 2020 Pandemic
With New Strains Emerging at an Alarming Rate, Focus Shifts to
Booster Doses & Vaccine Tweaking. But How Practical Is It to
Implement Them?
With Vaccinated Population Showing Signs of Declining Clinical
Protection, Booster Doses Are Emerging Into a Necessity to
Restore Vaccine Effectiveness, but this Strategy is Not
Within Reach for Most Countries: Number of Booster Doses
Administered Per 100 People by Country as of December 2021
At the Dawn of 2022, We Leave Behind Millions of Deaths Due to
New Strains & Once Again Stare at an Impending Catastrophe
How & When Will the World Be Vaccinated? Global Number of
Annual COVID-19 Vaccine Doses (In Million) for Years 2020
through 2025 by Geographic Region/Country
Split Scenarios Unfold: The Great Vaccine Divide Emerges
Vaccine Imbalances to Stretch the Pandemic Further into 2022:
Global Percentage (%) of Population Administered With Vaccines
by Region as of November 2021
Amid this Prolonged Pandemic, Why Should Businesses Care About
Progress on Vaccinations?
With IMF Making an Upward Revision of Global GDP for 2021,
Companies Are Bullish About an Economic Comeback Despite a
Continuing Pandemic
A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by
New Variants Comes Into Play: World Economic Growth
Projections (Real GDP, Annual % Change) for 2020 through 2022
Easing Unemployment Levels in 2021 & 2022 Although Moderate
Will Infuse Hope for Industries Reliant on Consumer
Discretionary Incomes: Global Number of Unemployed People (In
Million) for Years 2019, 2020, 2021, and 2022
Smart Buildings: Overview & Benefits
Recent Market Activity
Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Focus on Net Zero Energy Buildings (NZEB) Awakens Interest in
Smart Building Technologies
Rising Popularity of Net Zero Buildings Brings Into the
Spotlight the Concept of Smart Buildings & Enabling
Technologies: Global Opportunity for Net-Zero Energy
Buildings (NZEBs) (In US$ Million) for Years 2021, 2023,
2025 and 2027
BiPV Rises in Prominence Amid the Growing Clamor for Smart
Buildings
Roofing: The Focus Area for BIPV
Building Energy Management System (BeMS) Emerges to be Crucial
to the Net Zero Energy Goal in Smart Buildings
The Pandemic?s Push to Renovate & Build Smarter Buildings Bodes
Well for Market Growth
With Connectivity Being the Most Critical Element of Smart
Buildings, In-Building Wireless (IBW) Emerges Into the
Spotlight
A Review of the Growing Role of PoE in Smart Buildings
Special Focus on PoE Lighting
AI to Revolutionize Smart Buildings in Ways Hitherto Unimagined
Smart Building Analytics Rises in Prominence
5G to Accelerate Smart Building Adoption
The Future of 5G is Unquestioned: 5G Contribution to GDP in
Select Countries by 2030 (In US$ Billion)
IoT-powered Building Management System, A Gamechanger for Smart
Buildings
Predictive Maintenance Crucial to Curtailing Smart Building
Maintenance Costs
Sharp Increase in Cyberattacks Brings to Fore the Importance of
Adopting Cybersecurity Measures to Secure Smart Buildings
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for Smart
Buildings by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR
Table 2: World 7-Year Perspective for Smart Buildings by
Geographic Region - Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2021 & 2027
Table 3: World Recent Past, Current & Future Analysis for
Solutions by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR
Table 4: World 7-Year Perspective for Solutions by Geographic
Region - Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2021 & 2027
Table 5: World Recent Past, Current & Future Analysis for
Services by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR
Table 6: World 7-Year Perspective for Services by Geographic
Region - Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2021 & 2027
Table 7: World Recent Past, Current & Future Analysis for
Commercial by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR
Table 8: World 7-Year Perspective for Commercial by Geographic
Region - Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2021 & 2027
Table 9: World Recent Past, Current & Future Analysis for
Industrial by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR
Table 10: World 7-Year Perspective for Industrial by Geographic
Region - Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2021 & 2027
Table 11: World Recent Past, Current & Future Analysis for
Residential by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR
Table 12: World 7-Year Perspective for Residential by
Geographic Region - Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
Smart Buildings Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in the United States for 2022 (E)
Table 13: USA Recent Past, Current & Future Analysis for Smart
Buildings by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 14: USA 7-Year Perspective for Smart Buildings by
Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 15: USA Recent Past, Current & Future Analysis for Smart
Buildings by Building Type - Commercial, Industrial and
Residential - Independent Analysis of Annual Revenues in US$
Million for the Years 2020 through 2027 and % CAGR
Table 16: USA 7-Year Perspective for Smart Buildings by
Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
CANADA
Table 17: Canada Recent Past, Current & Future Analysis for
Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 18: Canada 7-Year Perspective for Smart Buildings by
Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 19: Canada Recent Past, Current & Future Analysis for
Smart Buildings by Building Type - Commercial, Industrial and
Residential - Independent Analysis of Annual Revenues in US$
Million for the Years 2020 through 2027 and % CAGR
Table 20: Canada 7-Year Perspective for Smart Buildings by
Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
JAPAN
Smart Buildings Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Japan for 2022 (E)
Table 21: Japan Recent Past, Current & Future Analysis for
Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 22: Japan 7-Year Perspective for Smart Buildings by
Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 23: Japan Recent Past, Current & Future Analysis for
Smart Buildings by Building Type - Commercial, Industrial and
Residential - Independent Analysis of Annual Revenues in US$
Million for the Years 2020 through 2027 and % CAGR
Table 24: Japan 7-Year Perspective for Smart Buildings by
Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
CHINA
Smart Buildings Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in China for 2022 (E)
Table 25: China Recent Past, Current & Future Analysis for
Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 26: China 7-Year Perspective for Smart Buildings by
Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 27: China Recent Past, Current & Future Analysis for
Smart Buildings by Building Type - Commercial, Industrial and
Residential - Independent Analysis of Annual Revenues in US$
Million for the Years 2020 through 2027 and % CAGR
Table 28: China 7-Year Perspective for Smart Buildings by
Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
EUROPE
Smart Buildings Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Europe for 2022 (E)
Table 29: Europe Recent Past, Current & Future Analysis for
Smart Buildings by Geographic Region - France, Germany, Italy,
UK and Rest of Europe Markets - Independent Analysis of Annual
Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Table 30: Europe 7-Year Perspective for Smart Buildings by
Geographic Region - Percentage Breakdown of Value Revenues for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2021 & 2027
Table 31: Europe Recent Past, Current & Future Analysis for
Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 32: Europe 7-Year Perspective for Smart Buildings by
Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 33: Europe Recent Past, Current & Future Analysis for
Smart Buildings by Building Type - Commercial, Industrial and
Residential - Independent Analysis of Annual Revenues in US$
Million for the Years 2020 through 2027 and % CAGR
Table 34: Europe 7-Year Perspective for Smart Buildings by
Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
FRANCE
Smart Buildings Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in France for 2022 (E)
Table 35: France Recent Past, Current & Future Analysis for
Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 36: France 7-Year Perspective for Smart Buildings by
Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 37: France Recent Past, Current & Future Analysis for
Smart Buildings by Building Type - Commercial, Industrial and
Residential - Independent Analysis of Annual Revenues in US$
Million for the Years 2020 through 2027 and % CAGR
Table 38: France 7-Year Perspective for Smart Buildings by
Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
GERMANY
Smart Buildings Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Germany for 2022 (E)
Table 39: Germany Recent Past, Current & Future Analysis for
Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 40: Germany 7-Year Perspective for Smart Buildings by
Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 41: Germany Recent Past, Current & Future Analysis for
Smart Buildings by Building Type - Commercial, Industrial and
Residential - Independent Analysis of Annual Revenues in US$
Million for the Years 2020 through 2027 and % CAGR
Table 42: Germany 7-Year Perspective for Smart Buildings by
Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
ITALY
Table 43: Italy Recent Past, Current & Future Analysis for
Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 44: Italy 7-Year Perspective for Smart Buildings by
Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 45: Italy Recent Past, Current & Future Analysis for
Smart Buildings by Building Type - Commercial, Industrial and
Residential - Independent Analysis of Annual Revenues in US$
Million for the Years 2020 through 2027 and % CAGR
Table 46: Italy 7-Year Perspective for Smart Buildings by
Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
UNITED KINGDOM
Smart Buildings Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in the United Kingdom for 2022 (E)
Table 47: UK Recent Past, Current & Future Analysis for Smart
Buildings by Component - Solutions and Services - Independent
Analysis of Annual Revenues in US$ Million for the Years 2020
through 2027 and % CAGR
Table 48: UK 7-Year Perspective for Smart Buildings by
Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 49: UK Recent Past, Current & Future Analysis for Smart
Buildings by Building Type - Commercial, Industrial and
Residential - Independent Analysis of Annual Revenues in US$
Million for the Years 2020 through 2027 and % CAGR
Table 50: UK 7-Year Perspective for Smart Buildings by Building
Type - Percentage Breakdown of Value Revenues for Commercial,
Industrial and Residential for the Years 2021 & 2027
REST OF EUROPE
Table 51: Rest of Europe Recent Past, Current & Future Analysis
for Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 52: Rest of Europe 7-Year Perspective for Smart Buildings
by Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 53: Rest of Europe Recent Past, Current & Future Analysis
for Smart Buildings by Building Type - Commercial, Industrial
and Residential - Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR
Table 54: Rest of Europe 7-Year Perspective for Smart Buildings
by Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
ASIA-PACIFIC
Smart Buildings Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Asia-Pacific for 2022 (E)
Table 55: Asia-Pacific Recent Past, Current & Future Analysis
for Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 56: Asia-Pacific 7-Year Perspective for Smart Buildings
by Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 57: Asia-Pacific Recent Past, Current & Future Analysis
for Smart Buildings by Building Type - Commercial, Industrial
and Residential - Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR
Table 58: Asia-Pacific 7-Year Perspective for Smart Buildings
by Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
REST OF WORLD
Table 59: Rest of World Recent Past, Current & Future Analysis
for Smart Buildings by Component - Solutions and Services -
Independent Analysis of Annual Revenues in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 60: Rest of World 7-Year Perspective for Smart Buildings
by Component - Percentage Breakdown of Value Revenues for
Solutions and Services for the Years 2021 & 2027
Table 61: Rest of World Recent Past, Current & Future Analysis
for Smart Buildings by Building Type - Commercial, Industrial
and Residential - Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR
Table 62: Rest of World 7-Year Perspective for Smart Buildings
by Building Type - Percentage Breakdown of Value Revenues for
Commercial, Industrial and Residential for the Years 2021 &
2027
IV. COMPETITION
Total Companies Profiled: 201
Read the full report: https://www.reportlinker.com/p06219542/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
