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Market Outlook: World Smart Building Market Opportunities and Forecast 2016 – 2022

Thursday, October 20, 2016 6:58
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Smart Building Market

Summary

Buildings equipped with structured wiring that enables occupants control a range of electronic home equipment from a remote location are termed as smart buildings. These electronic devices can be programed by entering a single and simple command. Emergence of smart building has enabled homeowners to program their entertainment system, control home or building lighting system, switch on and off home appliances and other tasks. Smart building aids in lowering the operating costs, carbon emission as well as energy consumption.

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There are several drivers, restraints and opportunities influencing market growth. Rising interest of the buyers in building technology that optimizes energy consumption and lowers the operating cost acts as the key drivers of the smart building market. Besides this, with many prominent vendors investing in cutting edge solution for smart home has also added to the popularity of the industry. However, high cost of installation coupled with concerns over interoperability & lack of proper adherence to standards has hindered market growth. Nonetheless, the growing adoption rate of smart building technology in commercial sectors such as hospitality industry and airports would create greater opportunities for the market in years to come.

The Smart Building Market is segmented by system, technology, industry, application and geography. Based on system the market segments discussed in the market research report consists of BEMS, parking management system, physical security system and others. The marketing technologies covered in the report consist of wireless technology, bus technology and others. Application of smart buildings in commercial, industries and residential areas has increased rapidly across different countries. Regions explored in the report include North America, Europe, Asia -Pacific and LAMEA. Key market leaders are also covered in the market research report. List of companies discussed in the report includes General Electric, ABB, Cisco, Siemens, IBM, Phoenix Energy Technologies, EFT Energy, eSight Energy, GridPoint and many others.

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KEY BENEFITS FOR STAKEHOLDERS

The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of the market across the globe 
The report offers insights on competitive landscape, new technological developments, untapped segments 
Value chain analysis of technology suppliers, original equipment manufacturers, system integrators, and key operators is offered in the report 
This report entails the detailed quantitative analysis of the current market and estimations through 20152020, which assists in identifying the prevailing Market – Opportunities 
The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors 

SMART BUILDING MARKET KEY SEGMENTS

Smart Building Market By System 
Parking Management System 
Physical Security System 
BEMS 
Others 
 

Smart Building Market By Technology 
Wireless Technology 
Bus Technology 
Others 
 

Smart Building Market By Application 
Residential 
Commercial 
Industrial 
 

Smart Building Market By Geography 
North America 
Europe 
Asia -Pacific 
LAMEA 
KEY MARKET PLAYERS 
General Electric 
ASEA Brown Boveri Group 
Phoenix Energy Technologies 
EFT Energy 
GridPoint, Inc. 
eSight Energy, Inc. 
IBM Corporation 
Cisco Systems Inc. 
Honeywell International Inc. 
Johnson Controls, Inc.

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About Us

Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.

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