Smart Building Market Advance Technology And New Innovations 2022 by Top Companies - ABB, Accenture, Buildingiq, Cisco, Delta Controls, Emerson Electric, Flamencotech

Smart building integrates major building systems on a common network and shares information and functionality between systems to improve energy efficiency, operational effectiveness, and inhabitant satisfaction. It can be also referred as automated buildings that integrate smart technology. Smart building refers to build environments such as offices, schools, apartments, museums, university campuses, hospitals, malls, and outdoor areas that are enabled for co-operation of smart objects and systems, and for ubiquitous interaction with frequent and sporadic visitors.

Some of the smart technologies used for smart buildings are data gathering devices, automated systems, wireless technologies, intelligent building management systems, digital infrastructure, remote monitoring, energy efficiency measures, adaptive energy systems, information and communications networks, and networked appliances & assistive technologies.

Top Key Companies Covered in this Report:
ABB Group, Accenture, Buildingiq, Inc., Cisco Systems, Inc., Delta Controls, Emerson Electric, Flamencotech, General Electric, Hewlett-Packard, Honeywell International Inc., IBM Corporation, Ingersoll Rand Security Technologies, Johnson Controls, Inc., Schneider Electric SE, Siemens AG, TYCO International, and United Technologies Corporation.

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Global Smart Building market is expected to grow from $6.46 billion in 2015 to reach $43.96 billion by 2022 with a CAGR of 31.5%. Growing safety and security concerns, increasing adoption of energy saving technologies, raising government investments on smart buildings are the major factors propelling the market growth. In addition, compounding global population, rapid urbanization in emerging countries are some of the other factors bolstering the market growth. However, expensive set up costs, lack of skilled labour are the constraints limiting the market growth.

North America accounted for the largest market share, led by the maximum adoption of smart building systems. The U.S. is likely to remain as the key market for smart buildings throughout the forecast period driven by its high adoption rate and development. The Asia Pacific smart buildings market is anticipated to grow at the highest CAGR amongst all regions, backed by its resilient GDP growth and the growing real estate market.

Building Types Covered:
- Government and public infrastructure facilities
- Residential buildings
- University, school campuses, and hospital buildings
- Manufacturing facilities
- Commercial buildings
- Other Building Types

Services Covered:
- Managed services
- Professional services
o Support and maintenance
o Consulting services
o System integration and deployment

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Smart Building Market Size
2.2 Smart Building Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Smart Building Market Size by Manufacturers
3.2 Smart Building Key Players Head office and Area Served
3.3 Key Players Smart Building Product/Solution/Service
3.4 Date of Enter into Smart Building Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Smart Building Sales by Product
4.2 Global Smart Building Revenue by Product
4.3 Smart Building Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Smart Building Breakdown Data by End User

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This release was published on openPR.