Emergen Research’s latest document, titled ‘Global Smart Buildings Market - Forecast to 2028,’ is one of the most popular market studies that offers a thorough examination of the worldwide Smart Buildings market. The efficiency of smart buildings is increased by increasing investment in smart technologies. Utilizing the most recent advances in intelligent buildings is simple. For disabled people, smart buildings with automated door opening, voice control technology, and fall detection offer more pleasant and straightforward accessibility.
Its comprehensive analysis of the Smart Buildings market offers insightful information on the estimated market size, revenue share, and sales & distribution networks. Readers will undoubtedly benefit from such insightful market information as they detail this sector's major outcomes in the near future. Additionally, they are designed to help companies operating in this industry make wise decisions and create profitable business plans.
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Leading Players Profiled in the Report:
Cisco Systems, Inc.,
Honeywell International Inc.,
Johnson Controls Internationals,
Hitachi Ltd.,
Schneider Electric,
ABB Ltd.,
Legrand,
Siemens AG,
Robert Bosch GmbH, and
Telit
Educational institutions segment accounted for significantly robust revenue share in 2020 and is expected to register a rapid growth rate during the forecast period. Smart technologies in educational institutions provides brighter lighting, proper ventilation, and adequate energy, among others. This helps to boost learning experience of students.
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Emergen Research has segmented the global smart buildings market on the basis of automation type, service type, building type, and region:
Automation Type Outlook (Revenue, USD Billion; 2018–2028)
- Building Management System (BMS)
- Heating, Ventilation, and Air Conditioning (HVAC)
- Lightning Control System
- Emergency Alarm and Evacuation System
- Audio and Visual Effects
- Video Surveillance System
- Elevators and Escalators Systems
- Fire and Life Safety Alarm
- Energy Management
- Others
Service Type Outlook (Revenue, USD Billion; 2018-2028)
- System Integration and Deployment
- Support and Maintenance
- Consulting
Building Type Outlook (Revenue, USD Billion; 2018–2028)
- Commercial Buildings
- Residential Building
- Governmental and Public Infrastructure Facilities
- Educational Institutions
In January 2020, Johnson Controls International announced the launch of new commercial Rooftop Units (RTUs), which will exceed Department of Energy (DoE) energy efficiency standards of smart buildings by 22%. New commercial rooftop units will help to maximize control, extend smart building equipment life, and reduce operating cost.
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