Smart Buildings

World Market Report

MCP14791

EXECUTIVE ENGAGEMENTS

POOL

33476
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

11382
Interactions with Platform & by Email

PARTICIPANTS

2504
Unique # Participated

VALIDATIONS

99
Responses Validated*

COMPANIES

201
Responses Validated*
* Login for a full stack data experience

DATE

JAN 2023

TABLES

62

PAGES

606

EDITION

10

PRICE

USD 4950

CODE

MCP14791


COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

RANK

(S/A/N/T)

%

VALIDATED RESEARCH *

* S = Strong; A = Active; N = Niche; T= Trivial (<1%)
* Login to Participate & View Data Stacks
* Participating executives must be from a competitive company. Executive credentials are validated by a one-time two-factor authentication, in compliance with GDPR guidelines. Verified executives have complimentary access to our proprietary MarketGlassTM platform and relevant data silos including Trend Data; Brand/IP/TM Feeds; and Market Size, Share & Rank Clusters. Qualified influencers are also invited to join our Expert Panels. Privileges include purchase credits, and collaborative bespoke builds.
View All Companies...

PARTICIPATE NOW!
RESEARCH MODULES EXECUTIVES
  

HIGHLIGHTS & REPORT INDEX

What`s New for 2023?

» Special coverage on Russia-Ukraine war; global inflation; easing of "zero-Covid" policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
» Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
» Online interactive peer-to-peer collaborative bespoke updates
» Access to our digital archives and MarketGlass Research Platform
» Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Global Smart Buildings Market to Reach $124.3 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Smart Buildings estimated at US$63 Billion in the year 2020, is projected to reach a revised size of US$124.3 Billion by 2027, growing at aCAGR of 10.2% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$69.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 11.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $19.1 Billion, While China is Forecast to Grow at 12.4% CAGR
The Smart Buildings market in the U.S. is estimated at US$19.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.2 Billion by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 9.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.

SELECT PLAYERS

ABB Group; BuildingIQ, Inc.; Cisco Systems, Inc.; Delta Controls Inc.; Ecova, Inc.; GridPoint, Inc.; Honeywell International, Inc.; IBM Corporation; Johnson Controls International PLC; Legrand North America LLC; Schneider Electric SA; Siemens AG; United Technologies Corporation (UTC); Verdigris Technologies, Inc.

SEGMENTS

» Component (Solutions, Services) » Building Type (Commercial, Industrial, Residential)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Smart Buildings – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Sustainability Remains at the Core of the Emergence & Evolution of Smart Buildings
The World Reaches Tipping Points in the Climate System
Table: As Time Runs Out, the March Towards Sustainability Must Get Firmer, Faster & Stronger: Global CO2 Emissions in Billion Metric Tons of CO2 Per Year
Here’s How Buildings Contribute Towards Climate Change
Table: Carbon Footprint Forecasts for Buildings (In Billion Metric Tons) for Years 2020, 2025, 2030, 2035, 20240, 2045 & 2050
Sustainability Becomes More Important than Ever. Here’s Why
Table: As Global Temperatures Rise to Worrisome Levels Sustainable Investments Will Emerge Into an Unstoppable Force in the Coming Decade: Global Investments in Sustainability (In US$ Billion) for Years 2015, 2018, 2020 and 2022
The Never-Ending “Race” Between the Virus & Vaccines Continues. Amidst this Chaotic Battle, Where is the World Economy Heading Now & Beyond?
Omicron Variant Brings Back Memories & Fears of the Worst Part of the 2020 Pandemic
With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking. But How Practical Is It to Implement Them?
Table: With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of December 2021
At the Dawn of 2022, We Leave Behind Millions of Deaths Due to New Strains & Once Again Stare at an Impending Catastrophe
Table: How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
Split Scenarios Unfold: The Great Vaccine Divide Emerges
Table: Vaccine Imbalances to Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of November 2021
Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
With IMF Making an Upward Revision of Global GDP for 2021, Companies Are Bullish About an Economic Comeback Despite a Continuing Pandemic
Table: A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Table: Easing Unemployment Levels in 2021 & 2022 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
Smart Buildings: Overview & Benefits
Recent Market Activity
Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Focus on Net Zero Energy Buildings (NZEB) Awakens Interest in Smart Building Technologies
Table: Rising Popularity of Net Zero Buildings Brings Into the Spotlight the Concept of Smart Buildings & Enabling Technologies: Global Opportunity for Net-Zero Energy Buildings (NZEBs) (In US$ Million) for Years 2021, 2023, 2025 and 2027
BiPV Rises in Prominence Amid the Growing Clamor for Smart Buildings
Roofing: The Focus Area for BIPV
Building Energy Management System (BeMS) Emerges to be Crucial to the Net Zero Energy Goal in Smart Buildings
The Pandemic’s Push to Renovate & Build Smarter Buildings Bodes Well for Market Growth
With Connectivity Being the Most Critical Element of Smart Buildings, In-Building Wireless (IBW) Emerges Into the Spotlight
A Review of the Growing Role of PoE in Smart Buildings
Special Focus on PoE Lighting
AI to Revolutionize Smart Buildings in Ways Hitherto Unimagined
Smart Building Analytics Rises in Prominence
5G to Accelerate Smart Building Adoption
Table: The Future of 5G is Unquestioned: 5G Contribution to GDP in Select Countries by 2030 (In US$ Billion)
IoT-powered Building Management System, A Gamechanger for Smart Buildings
Predictive Maintenance Crucial to Curtailing Smart Building Maintenance Costs
Sharp Increase in Cyberattacks Brings to Fore the Importance of Adopting Cybersecurity Measures to Secure Smart Buildings
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Smart Buildings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Smart Buildings by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
UNITED STATES
Smart Buildings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
USA Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
CANADA
Canada Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
Canada Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
JAPAN
Smart Buildings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
Japan Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
CHINA
Smart Buildings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
China Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
China Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
EUROPE
Smart Buildings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Smart Buildings by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Smart Buildings by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
FRANCE
Smart Buildings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
France Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
France Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
GERMANY
Smart Buildings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Germany Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
Germany Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
ITALY
Italy Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
Italy Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
UNITED KINGDOM
Smart Buildings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
UK Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
Rest of Europe Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
ASIA-PACIFIC
Smart Buildings Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
Asia-Pacific Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027
REST OF WORLD
Rest of World Recent Past, Current & Future Analysis for Smart Buildings by Component - Solutions and Services - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Smart Buildings by Component - Percentage Breakdown of Value Revenues for Solutions and Services for the Years 2021 & 2027
Rest of World Recent Past, Current & Future Analysis for Smart Buildings by Building Type - Commercial, Industrial and Residential - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Smart Buildings by Building Type - Percentage Breakdown of Value Revenues for Commercial, Industrial and Residential for the Years 2021 & 2027

PREVIEW REPORT

YOUR PRIVACY MATTERS!

Our robust permission-based engagement strategy requires a one-time double opt-in and/or re-consent for all users. We will re-establish consent once a year from date of last use. Both these practices exceed GDPR mandates.

What we store: Primary coordinates such as email, company address and phone. In-house developed influencer rank.
How we store: Encrypted and additionally secured by firewalls.
How we use your data: Only to contact you directly. We never share your coordinates with any individual or entity outside our company for any reason.
Privacy queries: Privacy@StrategyR.com