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Smart Building-Global Market Insights and Sales Trends 2025

Smart Building-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1826732

No of Pages : 124

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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 size is expected to reach US$ 153320 million by 2029, growing at a CAGR of 12.0% from 2023 to 2029. The market is mainly driven by the significant applications of Smart Building in various end use industries. The expanding demands from the Government Buildings, Residential Buildings and Commercial Building,, are propelling Smart Building market. Building Management System (BMS), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the HVAC segment is estimated at % CAGR for the next seven-year period.

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.

Report Objectives

This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Building, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Smart Building market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Smart Building market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Building sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Smart Building covered in this report include Johnson Controls, Honeywell, Schneider, UTC, Siemens, Ingersoll Rand (Trane), Azbil, ABB and Emerson, etc.

The global Smart Building market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • 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

Global Smart Building market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Smart Building market, 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


Global Smart Building market, by Application

  • Government Buildings
  • Residential Buildings
  • Commercial Building

Core Chapters

Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Smart Building companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion

Index

1 Market Overview of Smart Building

1.1 Smart Building Market Overview

1.1.1 Smart Building Product Scope

1.1.2 Smart Building Market Status and Outlook

1.2 Global Smart Building Market Size Overview by Region 2018 VS 2022 VS 2029

1.3 Global Smart Building Market Size by Region (2018-2029)

1.4 Global Smart Building Historic Market Size by Region (2018-2023)

1.5 Global Smart Building Market Size Forecast by Region (2024-2029)

1.6 Key Regions, Smart Building Market Size (2018-2029)

1.6.1 North America Smart Building Market Size (2018-2029)

1.6.2 Europe Smart Building Market Size (2018-2029)

1.6.3 Asia-Pacific Smart Building Market Size (2018-2029)

1.6.4 Latin America Smart Building Market Size (2018-2029)

1.6.5 Middle East & Africa Smart Building Market Size (2018-2029)

2 Smart Building Market by Type

2.1 Introduction

2.1.1 Building Management System (BMS)

2.1.2 HVAC

2.1.3 Lighting Control

2.1.4 Security and Access Control

2.1.5 Emergency Alarm and Evacuation System

2.1.6 Audio and Visual Effects

2.1.7 Escalator

2.1.8 Elevator

2.1.9 Others

2.2 Global Smart Building Market Size by Type: 2018 VS 2022 VS 2029

2.2.1 Global Smart Building Historic Market Size by Type (2018-2023)

2.2.2 Global Smart Building Forecasted Market Size by Type (2024-2029)

2.3 Key Regions Market Size by Type

2.3.1 North America Smart Building Revenue Breakdown by Type (2018-2029)

2.3.2 Europe Smart Building Revenue Breakdown by Type (2018-2029)

2.3.3 Asia-Pacific Smart Building Revenue Breakdown by Type (2018-2029)

2.3.4 Latin America Smart Building Revenue Breakdown by Type (2018-2029)

2.3.5 Middle East and Africa Smart Building Revenue Breakdown by Type (2018-2029)

3 Smart Building Market Overview by Application

3.1 Introduction

3.1.1 Government Buildings

3.1.2 Residential Buildings

3.1.3 Commercial Building

3.2 Global Smart Building Market Size by Application: 2018 VS 2022 VS 2029

3.2.1 Global Smart Building Historic Market Size by Application (2018-2023)

3.2.2 Global Smart Building Forecasted Market Size by Application (2024-2029)

3.3 Key Regions Market Size by Application

3.3.1 North America Smart Building Revenue Breakdown by Application (2018-2029)

3.3.2 Europe Smart Building Revenue Breakdown by Application (2018-2029)

3.3.3 Asia-Pacific Smart Building Revenue Breakdown by Application (2018-2029)

3.3.4 Latin America Smart Building Revenue Breakdown by Application (2018-2029)

3.3.5 Middle East and Africa Smart Building Revenue Breakdown by Application (2018-2029)

4 Smart Building Competition Analysis by Players

4.1 Global Smart Building Market Size by Players (2018-2023)

4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Smart Building as of 2022)

4.3 Date of Key Players Enter into Smart Building Market

4.4 Global Top Players Smart Building Headquarters and Area Served

4.5 Key Players Smart Building Product Solution and Service

4.6 Competitive Status

4.6.1 Smart Building Market Concentration Rate

4.6.2 Mergers & Acquisitions, Expansion Plans

5 Company (Top Players) Profiles

5.1 Johnson Controls

5.1.1 Johnson Controls Profile

5.1.2 Johnson Controls Main Business

5.1.3 Johnson Controls Smart Building Products, Services and Solutions

5.1.4 Johnson Controls Smart Building Revenue (US$ Million) & (2018-2023)

5.1.5 Johnson Controls Recent Developments

5.2 Honeywell

5.2.1 Honeywell Profile

5.2.2 Honeywell Main Business

5.2.3 Honeywell Smart Building Products, Services and Solutions

5.2.4 Honeywell Smart Building Revenue (US$ Million) & (2018-2023)

5.2.5 Honeywell Recent Developments

5.3 Schneider

5.3.1 Schneider Profile

5.3.2 Schneider Main Business

5.3.3 Schneider Smart Building Products, Services and Solutions

5.3.4 Schneider Smart Building Revenue (US$ Million) & (2018-2023)

5.3.5 UTC Recent Developments

5.4 UTC

5.4.1 UTC Profile

5.4.2 UTC Main Business

5.4.3 UTC Smart Building Products, Services and Solutions

5.4.4 UTC Smart Building Revenue (US$ Million) & (2018-2023)

5.4.5 UTC Recent Developments

5.5 Siemens

5.5.1 Siemens Profile

5.5.2 Siemens Main Business

5.5.3 Siemens Smart Building Products, Services and Solutions

5.5.4 Siemens Smart Building Revenue (US$ Million) & (2018-2023)

5.5.5 Siemens Recent Developments

5.6 Ingersoll Rand (Trane)

5.6.1 Ingersoll Rand (Trane) Profile

5.6.2 Ingersoll Rand (Trane) Main Business

5.6.3 Ingersoll Rand (Trane) Smart Building Products, Services and Solutions

5.6.4 Ingersoll Rand (Trane) Smart Building Revenue (US$ Million) & (2018-2023)

5.6.5 Ingersoll Rand (Trane) Recent Developments

5.7 Azbil

5.7.1 Azbil Profile

5.7.2 Azbil Main Business

5.7.3 Azbil Smart Building Products, Services and Solutions

5.7.4 Azbil Smart Building Revenue (US$ Million) & (2018-2023)

5.7.5 Azbil Recent Developments

5.8 ABB

5.8.1 ABB Profile

5.8.2 ABB Main Business

5.8.3 ABB Smart Building Products, Services and Solutions

5.8.4 ABB Smart Building Revenue (US$ Million) & (2018-2023)

5.8.5 ABB Recent Developments

5.9 Emerson

5.9.1 Emerson Profile

5.9.2 Emerson Main Business

5.9.3 Emerson Smart Building Products, Services and Solutions

5.9.4 Emerson Smart Building Revenue (US$ Million) & (2018-2023)

5.9.5 Emerson Recent Developments

5.10 Eaton

5.10.1 Eaton Profile

5.10.2 Eaton Main Business

5.10.3 Eaton Smart Building Products, Services and Solutions

5.10.4 Eaton Smart Building Revenue (US$ Million) & (2018-2023)

5.10.5 Eaton Recent Developments

5.11 Control4

5.11.1 Control4 Profile

5.11.2 Control4 Main Business

5.11.3 Control4 Smart Building Products, Services and Solutions

5.11.4 Control4 Smart Building Revenue (US$ Million) & (2018-2023)

5.11.5 Control4 Recent Developments

5.12 Bosch

5.12.1 Bosch Profile

5.12.2 Bosch Main Business

5.12.3 Bosch Smart Building Products, Services and Solutions

5.12.4 Bosch Smart Building Revenue (US$ Million) & (2018-2023)

5.12.5 Bosch Recent Developments

5.13 Panasonic

5.13.1 Panasonic Profile

5.13.2 Panasonic Main Business

5.13.3 Panasonic Smart Building Products, Services and Solutions

5.13.4 Panasonic Smart Building Revenue (US$ Million) & (2018-2023)

5.13.5 Panasonic Recent Developments

5.14 Delta Controls

5.14.1 Delta Controls Profile

5.14.2 Delta Controls Main Business

5.14.3 Delta Controls Smart Building Products, Services and Solutions

5.14.4 Delta Controls Smart Building Revenue (US$ Million) & (2018-2023)

5.14.5 Delta Controls Recent Developments

5.15 Legrand

5.15.1 Legrand Profile

5.15.2 Legrand Main Business

5.15.3 Legrand Smart Building Products, Services and Solutions

5.15.4 Legrand Smart Building Revenue (US$ Million) & (2018-2023)

5.15.5 Legrand Recent Developments

5.16 Cisco

5.16.1 Cisco Profile

5.16.2 Cisco Main Business

5.16.3 Cisco Smart Building Products, Services and Solutions

5.16.4 Cisco Smart Building Revenue (US$ Million) & (2018-2023)

5.16.5 Cisco Recent Developments

5.17 IBM

5.17.1 IBM Profile

5.17.2 IBM Main Business

5.17.3 IBM Smart Building Products, Services and Solutions

5.17.4 IBM Smart Building Revenue (US$ Million) & (2018-2023)

5.17.5 IBM Recent Developments

5.18 Advantech

5.18.1 Advantech Profile

5.18.2 Advantech Main Business

5.18.3 Advantech Smart Building Products, Services and Solutions

5.18.4 Advantech Smart Building Revenue (US$ Million) & (2018-2023)

5.18.5 Advantech Recent Developments

5.19 Current (GE)

5.19.1 Current (GE) Profile

5.19.2 Current (GE) Main Business

5.19.3 Current (GE) Smart Building Products, Services and Solutions

5.19.4 Current (GE) Smart Building Revenue (US$ Million) & (2018-2023)

5.19.5 Current (GE) Recent Developments

5.20 Carrier

5.20.1 Carrier Profile

5.20.2 Carrier Main Business

5.20.3 Carrier Smart Building Products, Services and Solutions

5.20.4 Carrier Smart Building Revenue (US$ Million) & (2018-2023)

5.20.5 Carrier Recent Developments

5.21 Otis

5.21.1 Otis Profile

5.21.2 Otis Main Business

5.21.3 Otis Smart Building Products, Services and Solutions

5.21.4 Otis Smart Building Revenue (US$ Million) & (2018-2023)

5.21.5 Otis Recent Developments

5.22 Hitachi

5.22.1 Hitachi Profile

5.22.2 Hitachi Main Business

5.22.3 Hitachi Smart Building Products, Services and Solutions

5.22.4 Hitachi Smart Building Revenue (US$ Million) & (2018-2023)

5.22.5 Hitachi Recent Developments

6 North America

6.1 North America Smart Building Market Size by Country (2018-2029)

6.2 U.S.

6.3 Canada

7 Europe

7.1 Europe Smart Building Market Size by Country (2018-2029)

7.2 Germany

7.3 France

7.4 U.K.

7.5 Italy

7.6 Russia

7.7 Nordic Countries

7.8 Rest of Europe

8 Asia-Pacific

8.1 Asia-Pacific Smart Building Market Size by Region (2018-2029)

8.2 China

8.3 Japan

8.4 South Korea

8.5 Southeast Asia

8.6 India

8.7 Australia

8.8 Rest of Asia-Pacific

9 Latin America

9.1 Latin America Smart Building Market Size by Country (2018-2029)

9.2 Mexico

9.3 Brazil

9.4 Rest of Latin America

10 Middle East & Africa

10.1 Middle East & Africa Smart Building Market Size by Country (2018-2029)

10.2 Turkey

10.3 Saudi Arabia

10.4 UAE

10.5 Rest of Middle East & Africa

11 Smart Building Market Dynamics

11.1 Smart Building Industry Trends

11.2 Smart Building Market Drivers

11.3 Smart Building Market Challenges

11.4 Smart Building Market Restraints

12 Research Finding /Conclusion

13 Methodology and Data Source

13.1 Methodology/Research Approach

13.1.1 Research Programs/Design

13.1.2 Market Size Estimation

13.1.3 Market Breakdown and Data Triangulation

13.2 Data Source

13.2.1 Secondary Sources

13.2.2 Primary Sources

13.3 Disclaimer

13.4 Author List

Published By : QY Research

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