Global Smart Building Market Size, Status and Forecast 2021-2027

A Smart Building is: Also referred to as an Intelligent Building. Smart buildings improve the productivity of people and processes by leveraging technology & actionable information to help you & your building make better decisions and become smart, efficient and sustainable.An integrated Smart Building with various sub-systems including: Intelligent Integrated System (IIS), Information Technology System Infrastructure (ITSI), Information Technology Applying System (ITAS), Building facilities Management System (BMS), Public Security System (PSS) and Engineering of Electronic Equipment Plant (EEEP). The integrated system integrates the isolated devices, functionalities and information of BMS, PSS, ITAS into a correlated and harmonized system via ITSI, with stability, combinability and extendibility by ensuring to the combined management and correlations of the system’s devices.
The market for smart building is fragmented with players such as Honeywell, Johnson Controls, Siemens, UTC, Schneider, Ingersoll Rand(Trane), Azbil, General Electric, Eaton, Legrand, and so on. Among them, Honeywell is the global leading supplier.

Market Analysis and Insights: Global Smart Building Market
The global Smart Building market size is projected to reach US$ 165160 million by 2027, from US$ 71970 million in 2020, at a CAGR of 12.6% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart Building market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart Building market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart Building market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart Building market.

Global Smart Building Scope and Market Size
Smart Building market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart Building market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Building Management System (BMS)
Heating, Ventilating, and Air Conditioning (HVAC)
Lighting Control
Security and Access Control
Emergency Alarm and Evacuation System
Audio and Visual Effects
Escalator
Elevator
Others

Segment by Application
Government Buildings
Residential Buildings
Commercial Building

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Johnson Controls
Honeywell
Schneider
UTC
Siemens
Ingersoll Rand (Trane)
Azbil
ABB
Emerson
Eaton
Control4
Bosch
Panasonic
Delta Controls
Legrand
Cisco
IBM
Advantech
Current (GE)