Global Smart Buildings Market and Smart Highway Construction Industry Size, Analysis by Top companies, Statistics, Growth, Opportunity and 2025 Forecast period

24 August, 2018

"Global Smart Buildings Market"

The Global Smart Buildings Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Buildings development in United States, Europe and China.

Smart building is a solution that transforms an automated building into an intelligent building. It integrates building management systems (BMS) with business systems and provides data analytical tools to all standalone systems to enable the control systems capabilities of making decisions. Smart buildings have automated seamless integration of all the standalone system backed by building Internet of things (BIoT) to make each device intelligent to understand the environment beyond the provided controls and work. Smart buildings can generate analytical reports with the help of analytical tools of cloud or big data to help managers understand the trends and how optimization can be achieved further.

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The Internet of Things (IoT) has given birth to the new term that is smart buildings, which possess better alignment with the priorities of managers and property owners. IoT places operational systems for delivering more precise and effective information for improving operations and creating best experiences for tenants. With this rapidly growing transformation, companies offers IoT building blocks that propose how building systems should exchange talks with cloud and study building data to find new business insights that can drive real value and better performance.

This is a new kind of market. It has come into existence little time back and has tried to cover all the organization’s sustainability goals such as reducing and tracking greenhouse gas emissions. They extend capital equipment life and impact the safety and security of all resources, including human and capital.

Turning a building into smart is beneficial to both, organization and owner. The step towards interoperable, connected systems and devices within a building is a task which asks for cooperation among different parties. The result is a building where air conditioning, security, lighting and other systems which pass data without any constraint back and forth, leading to more safety and comfort, higher efficiency and lower cost operation of the facility.

The Building management system (BMS) segment held the maximum market shares during 2017. The segment is expected to retain its market domIinance due to the increasing industrial development, commercialization, and awareness of the effective utilization of energy and building optimization in regions such as EMEA and APAC. Furthermore, the technological innovations such as the Internet of things (IoT), analytics, and cloud computing for effective monitoring, controlling, and operating building facilities will also propel the adoption of BMS.

In 2017, the global Smart Buildings market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

The key players covered in this study

Honeywell

Siemens

Schneider Electric

Johnson Controls

United Technologies

Bosch Security Systems

ABB

Advantech

Cisco

Control4

Emerson

IBM

Panasonic

Verdigris Technologies

Legrand

BuildingIQ

Delta Controls

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Market segment by Type, the product can be split into

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

Otehr

Market segment by Application, split into

Residential

Commercial

Otehr

Another Report: "Global Smart Highway Construction Market"

The Global Smart Highway Construction Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Highway Construction development in United States, Europe and China.

Smart highway construction aims to incorporate technologies to make highway roads safer, smarter, and more energy efficient; and to generate electricity by harnessing solar, wind, and vibration energy. The electricity, so produced, can be utilized to charge electric vehicles, power street lamps, and can be used to power traffic monitoring systems.

The government funding segment accounted for the major shares and dominated the global smart highway construction market during 2017. A large number of countries are increasingly focusing on the construction of smart highways as a sustainable solution to limit GHG emissions and promote the usage of electric vehicles. Since, the construction of smart highways involves a number of benefits such as shorter trip time, reduced traffic congestion, fewer traffic accidents, and reduced carbon emissions, more countries will increase their funding for the construction of the smart highways during the next few years.

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The smart highway construction market will be dominated by APAC during the next few years. Factors such as the growing number of infrastructural developments in various countries such as India, Australia, and New Zealand, an increase in the number of smart highway projects, and the reduction in traffic congestions and GHG emissions, will stimulate the growth of the smart highway construction market in this region.

In 2017, the global Smart Highway Construction market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

The key players covered in this study

Continental Engineering

Heijmans

IBM

Cisco

Nippon Koei

Transstroy

VINCI Construction

ABB

Alcatel-Lucent

Colas

Huawei Technologies

Indra

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Market segment by Type, the product can be split into

Photovoltaic Pavement

Wireless Vehicle Charging

Frost Protection and Melting Snow, Ice

Road Markings

Other

Market segment by Application, split into

Government Funding

Other Funding

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

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Rahul Jadhav


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