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Global Smart Building Market Research Report 2024
Synopsis
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 system’s devices.
The global Smart Building market was valued at US$ 68730 million in 2023 and is anticipated to reach US$ 153320 million by 2030, witnessing a CAGR of 12.0% during the forecast period 2024-2030.
The major players inglobal smart building market include Johnson Controls, Honeywell, Schneider, UTC, etc. The top 3 players hold over 20% of global market shares. North America and Europe are main markets, they occupy over 68% of the global market. Building management system (BMS), security and access control, emergency alarm and evacuation system are three main types, with a share about 60% altogher. Commercial buildings is the key application, which hold about 70% shares.
This report aims to provide a comprehensive presentation of the global market for Smart Building, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Building.
Report Scope
The Smart Building market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Building market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Building companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Building Management System (BMS)
HVAC
Lighting Control
Security and Access Control
Emergency Alarm and Evacuation System
Audio and Visual Effects
Escalator
Elevator
Others
Segment by Application
Government Buildings
Residential Buildings
Commercial Building
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Building companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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 system’s devices.
The global Smart Building market was valued at US$ 68730 million in 2023 and is anticipated to reach US$ 153320 million by 2030, witnessing a CAGR of 12.0% during the forecast period 2024-2030.
The major players inglobal smart building market include Johnson Controls, Honeywell, Schneider, UTC, etc. The top 3 players hold over 20% of global market shares. North America and Europe are main markets, they occupy over 68% of the global market. Building management system (BMS), security and access control, emergency alarm and evacuation system are three main types, with a share about 60% altogher. Commercial buildings is the key application, which hold about 70% shares.
This report aims to provide a comprehensive presentation of the global market for Smart Building, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Building.
Report Scope
The Smart Building market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Building market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Building companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Building Management System (BMS)
HVAC
Lighting Control
Security and Access Control
Emergency Alarm and Evacuation System
Audio and Visual Effects
Escalator
Elevator
Others
Segment by Application
Government Buildings
Residential Buildings
Commercial Building
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Building companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Building Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Building Management System (BMS)
1.2.3 HVAC
1.2.4 Lighting Control
1.2.5 Security and Access Control
1.2.6 Emergency Alarm and Evacuation System
1.2.7 Audio and Visual Effects
1.2.8 Escalator
1.2.9 Elevator
1.2.10 Others
1.3 Market by Application
1.3.1 Global Smart Building Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Government Buildings
1.3.3 Residential Buildings
1.3.4 Commercial Building
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Building Market Perspective (2019-2030)
2.2 Smart Building Growth Trends by Region
2.2.1 Global Smart Building Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Building Historic Market Size by Region (2019-2024)
2.2.3 Smart Building Forecasted Market Size by Region (2025-2030)
2.3 Smart Building Market Dynamics
2.3.1 Smart Building Industry Trends
2.3.2 Smart Building Market Drivers
2.3.3 Smart Building Market Challenges
2.3.4 Smart Building Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Building Players by Revenue
3.1.1 Global Top Smart Building Players by Revenue (2019-2024)
3.1.2 Global Smart Building Revenue Market Share by Players (2019-2024)
3.2 Global Smart Building Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Smart Building Revenue
3.4 Global Smart Building Market Concentration Ratio
3.4.1 Global Smart Building Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Building Revenue in 2023
3.5 Smart Building Key Players Head office and Area Served
3.6 Key Players Smart Building Product Solution and Service
3.7 Date of Enter into Smart Building Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Building Breakdown Data by Type
4.1 Global Smart Building Historic Market Size by Type (2019-2024)
4.2 Global Smart Building Forecasted Market Size by Type (2025-2030)
5 Smart Building Breakdown Data by Application
5.1 Global Smart Building Historic Market Size by Application (2019-2024)
5.2 Global Smart Building Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Building Market Size (2019-2030)
6.2 North America Smart Building Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Smart Building Market Size by Country (2019-2024)
6.4 North America Smart Building Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Building Market Size (2019-2030)
7.2 Europe Smart Building Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Smart Building Market Size by Country (2019-2024)
7.4 Europe Smart Building Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Smart Building Market Size (2019-2030)
8.2 Asia-Pacific Smart Building Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Smart Building Market Size by Region (2019-2024)
8.4 Asia-Pacific Smart Building Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Smart Building Market Size (2019-2030)
9.2 Latin America Smart Building Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Smart Building Market Size by Country (2019-2024)
9.4 Latin America Smart Building Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Building Market Size (2019-2030)
10.2 Middle East & Africa Smart Building Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Smart Building Market Size by Country (2019-2024)
10.4 Middle East & Africa Smart Building Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Johnson Controls
11.1.1 Johnson Controls Company Detail
11.1.2 Johnson Controls Business Overview
11.1.3 Johnson Controls Smart Building Introduction
11.1.4 Johnson Controls Revenue in Smart Building Business (2019-2024)
11.1.5 Johnson Controls Recent Development
11.2 Honeywell
11.2.1 Honeywell Company Detail
11.2.2 Honeywell Business Overview
11.2.3 Honeywell Smart Building Introduction
11.2.4 Honeywell Revenue in Smart Building Business (2019-2024)
11.2.5 Honeywell Recent Development
11.3 Schneider
11.3.1 Schneider Company Detail
11.3.2 Schneider Business Overview
11.3.3 Schneider Smart Building Introduction
11.3.4 Schneider Revenue in Smart Building Business (2019-2024)
11.3.5 Schneider Recent Development
11.4 UTC
11.4.1 UTC Company Detail
11.4.2 UTC Business Overview
11.4.3 UTC Smart Building Introduction
11.4.4 UTC Revenue in Smart Building Business (2019-2024)
11.4.5 UTC Recent Development
11.5 Siemens
11.5.1 Siemens Company Detail
11.5.2 Siemens Business Overview
11.5.3 Siemens Smart Building Introduction
11.5.4 Siemens Revenue in Smart Building Business (2019-2024)
11.5.5 Siemens Recent Development
11.6 Ingersoll Rand (Trane)
11.6.1 Ingersoll Rand (Trane) Company Detail
11.6.2 Ingersoll Rand (Trane) Business Overview
11.6.3 Ingersoll Rand (Trane) Smart Building Introduction
11.6.4 Ingersoll Rand (Trane) Revenue in Smart Building Business (2019-2024)
11.6.5 Ingersoll Rand (Trane) Recent Development
11.7 Azbil
11.7.1 Azbil Company Detail
11.7.2 Azbil Business Overview
11.7.3 Azbil Smart Building Introduction
11.7.4 Azbil Revenue in Smart Building Business (2019-2024)
11.7.5 Azbil Recent Development
11.8 ABB
11.8.1 ABB Company Detail
11.8.2 ABB Business Overview
11.8.3 ABB Smart Building Introduction
11.8.4 ABB Revenue in Smart Building Business (2019-2024)
11.8.5 ABB Recent Development
11.9 Emerson
11.9.1 Emerson Company Detail
11.9.2 Emerson Business Overview
11.9.3 Emerson Smart Building Introduction
11.9.4 Emerson Revenue in Smart Building Business (2019-2024)
11.9.5 Emerson Recent Development
11.10 Eaton
11.10.1 Eaton Company Detail
11.10.2 Eaton Business Overview
11.10.3 Eaton Smart Building Introduction
11.10.4 Eaton Revenue in Smart Building Business (2019-2024)
11.10.5 Eaton Recent Development
11.11 Control4
11.11.1 Control4 Company Detail
11.11.2 Control4 Business Overview
11.11.3 Control4 Smart Building Introduction
11.11.4 Control4 Revenue in Smart Building Business (2019-2024)
11.11.5 Control4 Recent Development
11.12 Bosch
11.12.1 Bosch Company Detail
11.12.2 Bosch Business Overview
11.12.3 Bosch Smart Building Introduction
11.12.4 Bosch Revenue in Smart Building Business (2019-2024)
11.12.5 Bosch Recent Development
11.13 Panasonic
11.13.1 Panasonic Company Detail
11.13.2 Panasonic Business Overview
11.13.3 Panasonic Smart Building Introduction
11.13.4 Panasonic Revenue in Smart Building Business (2019-2024)
11.13.5 Panasonic Recent Development
11.14 Delta Controls
11.14.1 Delta Controls Company Detail
11.14.2 Delta Controls Business Overview
11.14.3 Delta Controls Smart Building Introduction
11.14.4 Delta Controls Revenue in Smart Building Business (2019-2024)
11.14.5 Delta Controls Recent Development
11.15 Legrand
11.15.1 Legrand Company Detail
11.15.2 Legrand Business Overview
11.15.3 Legrand Smart Building Introduction
11.15.4 Legrand Revenue in Smart Building Business (2019-2024)
11.15.5 Legrand Recent Development
11.16 Cisco
11.16.1 Cisco Company Detail
11.16.2 Cisco Business Overview
11.16.3 Cisco Smart Building Introduction
11.16.4 Cisco Revenue in Smart Building Business (2019-2024)
11.16.5 Cisco Recent Development
11.17 IBM
11.17.1 IBM Company Detail
11.17.2 IBM Business Overview
11.17.3 IBM Smart Building Introduction
11.17.4 IBM Revenue in Smart Building Business (2019-2024)
11.17.5 IBM Recent Development
11.18 Advantech
11.18.1 Advantech Company Detail
11.18.2 Advantech Business Overview
11.18.3 Advantech Smart Building Introduction
11.18.4 Advantech Revenue in Smart Building Business (2019-2024)
11.18.5 Advantech Recent Development
11.19 Current (GE)
11.19.1 Current (GE) Company Detail
11.19.2 Current (GE) Business Overview
11.19.3 Current (GE) Smart Building Introduction
11.19.4 Current (GE) Revenue in Smart Building Business (2019-2024)
11.19.5 Current (GE) Recent Development
11.20 Carrier
11.20.1 Carrier Company Detail
11.20.2 Carrier Business Overview
11.20.3 Carrier Smart Building Introduction
11.20.4 Carrier Revenue in Smart Building Business (2019-2024)
11.20.5 Carrier Recent Development
11.21 Otis
11.21.1 Otis Company Detail
11.21.2 Otis Business Overview
11.21.3 Otis Smart Building Introduction
11.21.4 Otis Revenue in Smart Building Business (2019-2024)
11.21.5 Otis Recent Development
11.22 Hitachi
11.22.1 Hitachi Company Detail
11.22.2 Hitachi Business Overview
11.22.3 Hitachi Smart Building Introduction
11.22.4 Hitachi Revenue in Smart Building Business (2019-2024)
11.22.5 Hitachi Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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