Intelligent Building Market Growth, Trends, Opportunities and Forecast to 2024 | Top Key Players – ABB, Cisco Systems, Delta Controls, Honeywell International , Intel Corporation, Johnson Controls

An Intelligent Building Market is the integration of building, technology, and energy systems. Building automation systems include building automation, life safety, telecommunications, user systems, and facility management systems. Intelligent buildings deliver actionable information about a building or space inside a building to permit the building owner or occupant to manage the building or space. The global intelligent building market was valued at $ 12,371 million in 2017, and is projected to reach $ 42,649 million by 2024, growing at a CAGR of 19.6% from 2018 to 2024.

The rise in need for the energy efficient interventions in infrastructure industry, increased market for Building automation and control system, and growth in penetration of Internet of Things (IoT) in the building management system are some of the major factors that propel the growth of the intelligent building market. In addition, rise in the development of smart city projects across the globe is expected to provide promising opportunities for intelligent building market.

Major Key Players of the Intelligent Building Market are:
ABB, Cisco Systems, Delta Controls, Honeywell International , Intel Corporation, Johnson Controls, Legrand, Schneider Electric, Siemens AG, and United Technologies Corporation.

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However, complexity of interoperability between different connected building automation systems and high investment cost required for developing an intelligent building restrain the intelligent building market growth.

Building energy management system is expected to grow at a significant pace during the forecast period. The commercial segment led the market in 2017 and is expected to dominate in the near future. Furthermore, Europe is expected to dominate the overall intelligent building market during the forecast period, as it experiences the highest demand for intelligent buildings.

Major Types of Intelligent Building covered are:
Intelligent Security System
Building Energy Management System
Infrastructure Management System
Network Management System

Major Applications of Intelligent Building covered are:
Commercial
Industrial
Residential

Research objectives:-
– To study and analyze the global Intelligent Building consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Intelligent Building market by identifying its various sub-segments.
– Focuses on the key global Intelligent Building manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Intelligent Building with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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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 Intelligent Building Market Size
2.2 Intelligent Building Growth Trends by Regions
2.3 Industry Trends

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

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

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

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In the end, Intelligent Building industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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