Press release
Intelligent Building Market Prospects Outlook 2017-2024 and Key Players - ABB, Cisco Systems, Delta Controls, Honeywell
Intelligent building is defined as an infrastructure which is based on a robust, open operating system that supports a well-connected and integrated network of building systems and controls. Intelligent building adjusts the internal functional aspects such as lighting, temperature, fire-fighting, ventilation, air-conditioning, parking, and water management, automatically with the changes in environmental conditions controlled by automated systems. 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.Factors such as need for advanced energy efficient interventions, increased market for building automation and control systems, supportive regulatory structures and policies, and increased adoption of building energy management systems drive the intelligent building market growth. However, high investment cost and complex interoperability of the different systems installed for managing the smart building are expected to impede the growth of the intelligent building market. Furthermore, proactive government support for infrastructural expenditure and rise in development of smart cities are anticipated to present lucrative opportunities for intelligent building market growth in the near future.
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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The global intelligent building market is segmented into component, type, end user, and region. By component, the intelligent building market is divided into hardware, software, and services. By type, it is categorized into intelligent security system, building energy management system, infrastructure management system, and network management system. Based on end user, it is classified into commercial, industrial, and residential. Based on region, the intelligent building market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major Types of Intelligent Building Market covered are:
Intelligent Security System
Building Energy Management System
Infrastructure Management System, and Network Management System
Major Applications of Intelligent Building Market covered are:
Commercial
Industrial, and 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, and 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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