openPR Logo
Press release

Smart Building Market Insights, Potential Business Strategies, Mergers and Acquisitions, Revenue Analysis | Key Players are ABB, Cisco, Siemens, IBM, Schneider Electric, Honeywell, Johnson Controls

07-19-2019 05:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Smart Building Market Insights, Potential Business

Smart building market is expected to grow at a high pace owing to increasing demand for highly efficient infrastructural mechanisms. Many smart building companies provide various services including advantage services, compliance services, electrical services, energy services, fire sprinkler services, integration services, mechanical services, migration services and pre-construction services.

These services play a major role in goal specific approaches, testing and inspection of facility systems, preventive maintenance and emergency service, energy efficiency approaches, operations leveraging, mechanical services for heating, ventilation and air conditioning (HVAC), and pre-construction settings of smart buildings. On account of surging demand for such a varied portfolio of services, the segment is expected to witness a higher growth during the forecast period in the global smart buildings market.

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/smart-building-market/report-sample

The building types for global smart building can be segmented into manufacturing facilities, residential buildings, commercial buildings, government and public infrastructure facilities, university, school and hospital buildings and others. Manufacturing facilities include factories, foundries, power plants, wineries, breweries, mills, and water towers. Residential buildings generally include bungalows, apartment blocks, flats, condominiums, dormitories, duplex houses, townhouses and villas.

Europe is expected to witness the largest demand for smart buildings in coming years. Rising government initiatives and support schemes for building smart and energy efficient infrastructure is the key reason behind the high growth rate of the smart building market in the region. The European Union had introduced Energy Performance of Buildings Directive (EPBD) and Energy Efficiency Directive (EED) in 2010 and 2012 respectively, for making mandatory changes to country level building codes. These laws were primarily made to reduce energy consumptions of buildings, promote the use of smart technologies in buildings, and for streamlining the existing regulations regarding these buildings.

The high initial investments required for constructing a smart building is the major factor restraining the growth of smart building market. However, by replacing the traditional energy transfer tools that provide AC power with Power over Ethernet (PoE), the cost factor can be improved. The installation of a PoE network port is cheaper than that of a conduit, wire, or a backbox for an AC outlet. For instance, few years ago, around $350 to $1,000 was the estimated amount saved per device by Purdue university, as it installed over a 1,100 PoE wireless access points instead of traditional AC outlets, across its campus.

Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=smart-building-market

Smart Building Market Competitive Landscape
Some of the major players operating in the smart building market include IBM, ABB Group, Cisco Systems Inc., Siemens AG, Schneider Electric, Honeywell International Inc., Delta Controls, Johnson Controls, BuildingIQ, United Technologies Corporation, and Legrand.

The smart building market is highly fragmented, the number of players is large and the high demand for smart urbanized buildings is intensifying the competition among players.

Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Building Market Insights, Potential Business Strategies, Mergers and Acquisitions, Revenue Analysis | Key Players are ABB, Cisco, Siemens, IBM, Schneider Electric, Honeywell, Johnson Controls here

News-ID: 1807997 • Views: 1735

More Releases from P&S Intelligence

Image Sensors Market to Display Significant Growth During the Forecast Period Ha …
With the rising demand for dual-camera mobile phones for better image quality and growing image sensor usage in biometric applications, the image sensor market is witnessing significant growth. In 2017, the market generated a revenue of $15,934.8 million, and it is predicted to progress at a CAGR of 6.2% during the forecast period (2018–2023). Request Sample Copy of Report :: http://bit.ly/2P7Eg8m On the basis of technology, the image sensor market is bifurcated into
Forensic Science and New Product Development Offer Ample Growth Opportunities fo …
The demand for mass spectrometry is growing rapidly in life science and clinical sector. Some of its most common applications in life science and clinical studies are determination of protein structure, interactions and folding; protein identification from the mass of its peptide fragment; relative or absolute quantification of proteins in a given sample; monitoring of enzyme reactions; chemical modifications; protein digestion; forensic analysis; and disease biomarkers detection. All these applications
Optical Metrology Effectively Tackling the Riddle of Precise Measurements
The global optical metrology market is being driven by the increasing requirement for precise measurements and product assessments in the semiconductor, oil and gas, and manufacturing sectors. Generating revenue of $1,989.2 million in 2017 according to a P&S Intelligence study, the domain is expected to advance with a CAGR of 6.5% during the forecast period 2018–2023. Optical metrology can be defined as the usage of light for precise measurements in
MRI Systems Market Comprehensive Review of its Applications Growth, Demand, Tren …
Rising prevalence of chronic diseases, surging geriatric population, growing awareness on the early diagnosis of diseases, and technological advancements are the key factors boosting the market growth, globally. Explore Report with Detailed TOC at: https://www.psmarketresearch.com/market-analysis/mri-market On the basis of architecture, the MRI systems market has been categorized into closed and open MRI. Of the two, open imaging systems are expected to witness faster market growth during the forecast period. The market for

All 5 Releases


More Releases for Building

Order Building Material Online
BYOIndia , is an Online Shopping App to purchase building construction materials , serving in Faridabad. Generally ,BYO – Build Your Own is an App based Building Material Online marketplace , where our users can get or purchase building material from their near by suppliers with home delivery. Features BYOINDIA.com Gives you various features which gives you amazing shopping experience. Hundreds of vendors of Building Material suppliers in Faridabad are
Building Curtain Wall
Looking at the current trends across the Building Curtain Wall market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Building Curtain Wall Market Insights, Forecast to 2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players operating in the Building Curtain
COMO® Reimagines Children’s Building
Press Release May 9, 2018, Munich, Germany- COMO®, the revolutionary new building blocks helping to inspire creative children worldwide, is live on global crowdfunding platform Kickstarter and raising funds to bring the project to life. COMO® represents the next generation of building blocks for children and enthusiasts alike. The best thing for parents and children is to build according to their own ideas and imagination. COMO® stands for ‘COmbine
Building Mountains
New York, NY. JanKossen Contemporary is pleased to present Building Mountains, Minjung Kim’s first Solo Show in New York, opening on 2 February, 2017 and on view through 11 March, 2017. The work of Kim demonstrates her foundation in the traditional Korean calligraphic arts as well as the influence of mid-20th Century abstract expressionism, both of which celebrate the ability to convey energy and spirit through the manipulation of line
Building Openings Construction Manual
Every architect has to reflect on building openings, since every house has windows and doors. They are the interface between indoor and outdoor spaces, essential functional and design elements of facades which provide light, ventilation and climate control. What sounds so simple has become a highly complex matter in times of energy planning. DETAIL is now publishing a comprehensive standard and reference work on the subject: the Building Openings Construction
Link Building King Launches Link Building Services
In the internet, when you want to earn much, you would need to ensure that your products stay at the top list and you have a good marketing strategy that can continuously attract customers. Online businesses like any other non virtual businesses we have need to survive in the form of a good internet marketing strategy. There are many applications and internet tools provided in order to maximize the resources