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Global Smart Building Market Research Report 2025

Global Smart Building Market Research Report 2025

Industry: Service & Software

Published: 2025-01-16

Pages: 102 Pages

Report ld: 3467518

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Description

The global market for Smart Building was valued at US$ 86070 million in the year 2024 and is projected to reach a revised size of US$ 188230 million by 2031, growing at a CAGR of 12.0% during the forecast period.

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.

Smart Building Market Size(US$)

M= millions and B=billions

QYRLogo
The major players inglobal smart building market include Johnson Controls, Honeywell, Schneider, UTC, etc. The top 3 players hold over 20% of global market shares. North America and Europe are main markets, they occupy over 68% of the global market. Building management system (BMS), security and access control, emergency alarm and evacuation system are three main types, with a share about 60% altogher. Commercial buildings is the key application, which hold about 70% shares.

This report aims to provide a comprehensive presentation of the global market for Smart Building, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Building.

The Smart Building market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Smart Building market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Smart Building companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation
  • Report Metric

  • Details

  • Report Title

  • Global Smart Building Market Research Report 2025

  • Forecasted Market Size in 2031

  • US$ 188230 million

  • CAGR(2025-2031)

  • 12%

  • Market Size Available for Years

  • 2025-2031

  • Global Smart Building Companies Covered

  • Johnson Controls

    Honeywell

    Schneider

    UTC

    Siemens

    Ingersoll Rand (Trane)

    Azbil

    ABB

    Emerson

    Eaton

    Control4

    Bosch

    Panasonic

    Delta Controls

    Legrand

    Cisco

    IBM

    Advantech

    Current (GE)

    Carrier

    Otis

    Hitachi

  • Global Smart Building Market, by Region

  • North America (U.S., Canada, Mexico)

    Europe (Germany, France, UK, Italy, etc.)

    Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

    South America (Brazil, etc.)

    Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

  • Global Smart Building Market, Segment by Type

  • Building Management System (BMS)

    HVAC

    Lighting Control

    Security and Access Control

    Emergency Alarm and Evacuation System

    Audio and Visual Effects

    Escalator

    Elevator

    Others

  • Global Smart Building Market, Segment by Application

  • Government Buildings

    Residential Buildings

    Commercial Building

  • Forecast Units

  • Million USD

  • Report Coverage

  • Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Building company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Building Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Building Management System (BMS)
1.2.3 HVAC
1.2.4 Lighting Control
1.2.5 Security and Access Control
1.2.6 Emergency Alarm and Evacuation System
1.2.7 Audio and Visual Effects
1.2.8 Escalator
1.2.9 Elevator
1.2.10 Others
1.3 Market by Application
1.3.1 Global Smart Building Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Government Buildings
1.3.3 Residential Buildings
1.3.4 Commercial Building
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Building Market Perspective (2020-2031)
2.2 Global Smart Building Growth Trends by Region
2.2.1 Global Smart Building Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Smart Building Historic Market Size by Region (2020-2025)
2.2.3 Smart Building Forecasted Market Size by Region (2026-2031)
2.3 Smart Building Market Dynamics
2.3.1 Smart Building Industry Trends
2.3.2 Smart Building Market Drivers
2.3.3 Smart Building Market Challenges
2.3.4 Smart Building Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Building Players by Revenue
3.1.1 Global Top Smart Building Players by Revenue (2020-2025)
3.1.2 Global Smart Building Revenue Market Share by Players (2020-2025)
3.2 Global Smart Building Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Smart Building Revenue
3.4 Global Smart Building Market Concentration Ratio
3.4.1 Global Smart Building Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Building Revenue in 2024
3.5 Global Key Players of Smart Building Head office and Area Served
3.6 Global Key Players of Smart Building, Product and Application
3.7 Global Key Players of Smart Building, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Building Breakdown Data by Type
4.1 Global Smart Building Historic Market Size by Type (2020-2025)
4.2 Global Smart Building Forecasted Market Size by Type (2026-2031)
5 Smart Building Breakdown Data by Application
5.1 Global Smart Building Historic Market Size by Application (2020-2025)
5.2 Global Smart Building Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Smart Building Market Size (2020-2031)
6.2 North America Smart Building Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Smart Building Market Size by Country (2020-2025)
6.4 North America Smart Building Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Building Market Size (2020-2031)
7.2 Europe Smart Building Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Smart Building Market Size by Country (2020-2025)
7.4 Europe Smart Building Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Smart Building Market Size (2020-2031)
8.2 Asia-Pacific Smart Building Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Smart Building Market Size by Region (2020-2025)
8.4 Asia-Pacific Smart Building Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Smart Building Market Size (2020-2031)
9.2 Latin America Smart Building Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Smart Building Market Size by Country (2020-2025)
9.4 Latin America Smart Building Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Building Market Size (2020-2031)
10.2 Middle East & Africa Smart Building Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Smart Building Market Size by Country (2020-2025)
10.4 Middle East & Africa Smart Building Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Johnson Controls
11.1.1 Johnson Controls Company Details
11.1.2 Johnson Controls Business Overview
11.1.3 Johnson Controls Smart Building Introduction
11.1.4 Johnson Controls Revenue in Smart Building Business (2020-2025)
11.1.5 Johnson Controls Recent Development
11.2 Honeywell
11.2.1 Honeywell Company Details
11.2.2 Honeywell Business Overview
11.2.3 Honeywell Smart Building Introduction
11.2.4 Honeywell Revenue in Smart Building Business (2020-2025)
11.2.5 Honeywell Recent Development
11.3 Schneider
11.3.1 Schneider Company Details
11.3.2 Schneider Business Overview
11.3.3 Schneider Smart Building Introduction
11.3.4 Schneider Revenue in Smart Building Business (2020-2025)
11.3.5 Schneider Recent Development
11.4 UTC
11.4.1 UTC Company Details
11.4.2 UTC Business Overview
11.4.3 UTC Smart Building Introduction
11.4.4 UTC Revenue in Smart Building Business (2020-2025)
11.4.5 UTC Recent Development
11.5 Siemens
11.5.1 Siemens Company Details
11.5.2 Siemens Business Overview
11.5.3 Siemens Smart Building Introduction
11.5.4 Siemens Revenue in Smart Building Business (2020-2025)
11.5.5 Siemens Recent Development
11.6 Ingersoll Rand (Trane)
11.6.1 Ingersoll Rand (Trane) Company Details
11.6.2 Ingersoll Rand (Trane) Business Overview
11.6.3 Ingersoll Rand (Trane) Smart Building Introduction
11.6.4 Ingersoll Rand (Trane) Revenue in Smart Building Business (2020-2025)
11.6.5 Ingersoll Rand (Trane) Recent Development
11.7 Azbil
11.7.1 Azbil Company Details
11.7.2 Azbil Business Overview
11.7.3 Azbil Smart Building Introduction
11.7.4 Azbil Revenue in Smart Building Business (2020-2025)
11.7.5 Azbil Recent Development
11.8 ABB
11.8.1 ABB Company Details
11.8.2 ABB Business Overview
11.8.3 ABB Smart Building Introduction
11.8.4 ABB Revenue in Smart Building Business (2020-2025)
11.8.5 ABB Recent Development
11.9 Emerson
11.9.1 Emerson Company Details
11.9.2 Emerson Business Overview
11.9.3 Emerson Smart Building Introduction
11.9.4 Emerson Revenue in Smart Building Business (2020-2025)
11.9.5 Emerson Recent Development
11.10 Eaton
11.10.1 Eaton Company Details
11.10.2 Eaton Business Overview
11.10.3 Eaton Smart Building Introduction
11.10.4 Eaton Revenue in Smart Building Business (2020-2025)
11.10.5 Eaton Recent Development
11.11 Control4
11.11.1 Control4 Company Details
11.11.2 Control4 Business Overview
11.11.3 Control4 Smart Building Introduction
11.11.4 Control4 Revenue in Smart Building Business (2020-2025)
11.11.5 Control4 Recent Development
11.12 Bosch
11.12.1 Bosch Company Details
11.12.2 Bosch Business Overview
11.12.3 Bosch Smart Building Introduction
11.12.4 Bosch Revenue in Smart Building Business (2020-2025)
11.12.5 Bosch Recent Development
11.13 Panasonic
11.13.1 Panasonic Company Details
11.13.2 Panasonic Business Overview
11.13.3 Panasonic Smart Building Introduction
11.13.4 Panasonic Revenue in Smart Building Business (2020-2025)
11.13.5 Panasonic Recent Development
11.14 Delta Controls
11.14.1 Delta Controls Company Details
11.14.2 Delta Controls Business Overview
11.14.3 Delta Controls Smart Building Introduction
11.14.4 Delta Controls Revenue in Smart Building Business (2020-2025)
11.14.5 Delta Controls Recent Development
11.15 Legrand
11.15.1 Legrand Company Details
11.15.2 Legrand Business Overview
11.15.3 Legrand Smart Building Introduction
11.15.4 Legrand Revenue in Smart Building Business (2020-2025)
11.15.5 Legrand Recent Development
11.16 Cisco
11.16.1 Cisco Company Details
11.16.2 Cisco Business Overview
11.16.3 Cisco Smart Building Introduction
11.16.4 Cisco Revenue in Smart Building Business (2020-2025)
11.16.5 Cisco Recent Development
11.17 IBM
11.17.1 IBM Company Details
11.17.2 IBM Business Overview
11.17.3 IBM Smart Building Introduction
11.17.4 IBM Revenue in Smart Building Business (2020-2025)
11.17.5 IBM Recent Development
11.18 Advantech
11.18.1 Advantech Company Details
11.18.2 Advantech Business Overview
11.18.3 Advantech Smart Building Introduction
11.18.4 Advantech Revenue in Smart Building Business (2020-2025)
11.18.5 Advantech Recent Development
11.19 Current (GE)
11.19.1 Current (GE) Company Details
11.19.2 Current (GE) Business Overview
11.19.3 Current (GE) Smart Building Introduction
11.19.4 Current (GE) Revenue in Smart Building Business (2020-2025)
11.19.5 Current (GE) Recent Development
11.20 Carrier
11.20.1 Carrier Company Details
11.20.2 Carrier Business Overview
11.20.3 Carrier Smart Building Introduction
11.20.4 Carrier Revenue in Smart Building Business (2020-2025)
11.20.5 Carrier Recent Development
11.21 Otis
11.21.1 Otis Company Details
11.21.2 Otis Business Overview
11.21.3 Otis Smart Building Introduction
11.21.4 Otis Revenue in Smart Building Business (2020-2025)
11.21.5 Otis Recent Development
11.22 Hitachi
11.22.1 Hitachi Company Details
11.22.2 Hitachi Business Overview
11.22.3 Hitachi Smart Building Introduction
11.22.4 Hitachi Revenue in Smart Building Business (2020-2025)
11.22.5 Hitachi Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer

Table of Figures

List of Tables
 Table 1. Global Smart Building Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Building Management System (BMS)
 Table 3. Key Players of HVAC
 Table 4. Key Players of Lighting Control
 Table 5. Key Players of Security and Access Control
 Table 6. Key Players of Emergency Alarm and Evacuation System
 Table 7. Key Players of Audio and Visual Effects
 Table 8. Key Players of Escalator
 Table 9. Global Smart Building Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 10. Global Smart Building Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 11. Global Smart Building Market Size by Region (2020-2025) & (US$ Million)
 Table 12. Global Smart Building Market Share by Region (2020-2025)
 Table 13. Global Smart Building Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 14. Global Smart Building Market Share by Region (2026-2031)
 Table 15. Smart Building Market Trends
 Table 16. Smart Building Market Drivers
 Table 17. Smart Building Market Challenges
 Table 18. Smart Building Market Restraints
 Table 19. Global Smart Building Revenue by Players (2020-2025) & (US$ Million)
 Table 20. Global Smart Building Market Share by Players (2020-2025)
 Table 21. Global Top Smart Building Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Smart Building as of 2024)
 Table 22. Ranking of Global Top Smart Building Companies by Revenue (US$ Million) in 2024
 Table 23. Global 5 Largest Players Market Share by Smart Building Revenue (CR5 and HHI) & (2020-2025)
 Table 24. Global Key Players of Smart Building, Headquarters and Area Served
 Table 25. Global Key Players of Smart Building, Product and Application
 Table 26. Global Key Players of Smart Building, Date of Enter into This Industry
 Table 27. Mergers & Acquisitions, Expansion Plans
 Table 28. Global Smart Building Market Size by Type (2020-2025) & (US$ Million)
 Table 29. Global Smart Building Revenue Market Share by Type (2020-2025)
 Table 30. Global Smart Building Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 31. Global Smart Building Revenue Market Share by Type (2026-2031)
 Table 32. Global Smart Building Market Size by Application (2020-2025) & (US$ Million)
 Table 33. Global Smart Building Revenue Market Share by Application (2020-2025)
 Table 34. Global Smart Building Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 35. Global Smart Building Revenue Market Share by Application (2026-2031)
 Table 36. North America Smart Building Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 37. North America Smart Building Market Size by Country (2020-2025) & (US$ Million)
 Table 38. North America Smart Building Market Size by Country (2026-2031) & (US$ Million)
 Table 39. Europe Smart Building Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 40. Europe Smart Building Market Size by Country (2020-2025) & (US$ Million)
 Table 41. Europe Smart Building Market Size by Country (2026-2031) & (US$ Million)
 Table 42. Asia-Pacific Smart Building Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 43. Asia-Pacific Smart Building Market Size by Region (2020-2025) & (US$ Million)
 Table 44. Asia-Pacific Smart Building Market Size by Region (2026-2031) & (US$ Million)
 Table 45. Latin America Smart Building Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 46. Latin America Smart Building Market Size by Country (2020-2025) & (US$ Million)
 Table 47. Latin America Smart Building Market Size by Country (2026-2031) & (US$ Million)
 Table 48. Middle East & Africa Smart Building Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 49. Middle East & Africa Smart Building Market Size by Country (2020-2025) & (US$ Million)
 Table 50. Middle East & Africa Smart Building Market Size by Country (2026-2031) & (US$ Million)
 Table 51. Johnson Controls Company Details
 Table 52. Johnson Controls Business Overview
 Table 53. Johnson Controls Smart Building Product
 Table 54. Johnson Controls Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 55. Johnson Controls Recent Development
 Table 56. Honeywell Company Details
 Table 57. Honeywell Business Overview
 Table 58. Honeywell Smart Building Product
 Table 59. Honeywell Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 60. Honeywell Recent Development
 Table 61. Schneider Company Details
 Table 62. Schneider Business Overview
 Table 63. Schneider Smart Building Product
 Table 64. Schneider Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 65. Schneider Recent Development
 Table 66. UTC Company Details
 Table 67. UTC Business Overview
 Table 68. UTC Smart Building Product
 Table 69. UTC Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 70. UTC Recent Development
 Table 71. Siemens Company Details
 Table 72. Siemens Business Overview
 Table 73. Siemens Smart Building Product
 Table 74. Siemens Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 75. Siemens Recent Development
 Table 76. Ingersoll Rand (Trane) Company Details
 Table 77. Ingersoll Rand (Trane) Business Overview
 Table 78. Ingersoll Rand (Trane) Smart Building Product
 Table 79. Ingersoll Rand (Trane) Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 80. Ingersoll Rand (Trane) Recent Development
 Table 81. Azbil Company Details
 Table 82. Azbil Business Overview
 Table 83. Azbil Smart Building Product
 Table 84. Azbil Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 85. Azbil Recent Development
 Table 86. ABB Company Details
 Table 87. ABB Business Overview
 Table 88. ABB Smart Building Product
 Table 89. ABB Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 90. ABB Recent Development
 Table 91. Emerson Company Details
 Table 92. Emerson Business Overview
 Table 93. Emerson Smart Building Product
 Table 94. Emerson Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 95. Emerson Recent Development
 Table 96. Eaton Company Details
 Table 97. Eaton Business Overview
 Table 98. Eaton Smart Building Product
 Table 99. Eaton Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 100. Eaton Recent Development
 Table 101. Control4 Company Details
 Table 102. Control4 Business Overview
 Table 103. Control4 Smart Building Product
 Table 104. Control4 Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 105. Control4 Recent Development
 Table 106. Bosch Company Details
 Table 107. Bosch Business Overview
 Table 108. Bosch Smart Building Product
 Table 109. Bosch Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 110. Bosch Recent Development
 Table 111. Panasonic Company Details
 Table 112. Panasonic Business Overview
 Table 113. Panasonic Smart Building Product
 Table 114. Panasonic Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 115. Panasonic Recent Development
 Table 116. Delta Controls Company Details
 Table 117. Delta Controls Business Overview
 Table 118. Delta Controls Smart Building Product
 Table 119. Delta Controls Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 120. Delta Controls Recent Development
 Table 121. Legrand Company Details
 Table 122. Legrand Business Overview
 Table 123. Legrand Smart Building Product
 Table 124. Legrand Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 125. Legrand Recent Development
 Table 126. Cisco Company Details
 Table 127. Cisco Business Overview
 Table 128. Cisco Smart Building Product
 Table 129. Cisco Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 130. Cisco Recent Development
 Table 131. IBM Company Details
 Table 132. IBM Business Overview
 Table 133. IBM Smart Building Product
 Table 134. IBM Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 135. IBM Recent Development
 Table 136. Advantech Company Details
 Table 137. Advantech Business Overview
 Table 138. Advantech Smart Building Product
 Table 139. Advantech Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 140. Advantech Recent Development
 Table 141. Current (GE) Company Details
 Table 142. Current (GE) Business Overview
 Table 143. Current (GE) Smart Building Product
 Table 144. Current (GE) Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 145. Current (GE) Recent Development
 Table 146. Carrier Company Details
 Table 147. Carrier Business Overview
 Table 148. Carrier Smart Building Product
 Table 149. Carrier Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 150. Carrier Recent Development
 Table 151. Otis Company Details
 Table 152. Otis Business Overview
 Table 153. Otis Smart Building Product
 Table 154. Otis Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 155. Otis Recent Development
 Table 156. Hitachi Company Details
 Table 157. Hitachi Business Overview
 Table 158. Hitachi Smart Building Product
 Table 159. Hitachi Revenue in Smart Building Business (2020-2025) & (US$ Million)
 Table 160. Hitachi Recent Development
 Table 161. Research Programs/Design for This Report
 Table 162. Key Data Information from Secondary Sources
 Table 163. Key Data Information from Primary Sources
 Table 164. Authors List of This Report


List of Figures
 Figure 1. Smart Building Picture
 Figure 2. Global Smart Building Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Smart Building Market Share by Type: 2024 VS 2031
 Figure 4. Building Management System (BMS) Features
 Figure 5. HVAC Features
 Figure 6. Lighting Control Features
 Figure 7. Security and Access Control Features
 Figure 8. Emergency Alarm and Evacuation System Features
 Figure 9. Audio and Visual Effects Features
 Figure 10. Escalator Features
 Figure 11. Elevator Features
 Figure 12. Others Features
 Figure 13. Global Smart Building Market Size by Application (2020-2031) & (US$ Million)
 Figure 14. Global Smart Building Market Share by Application: 2024 VS 2031
 Figure 15. Government Buildings Case Studies
 Figure 16. Residential Buildings Case Studies
 Figure 17. Commercial Building Case Studies
 Figure 18. Smart Building Report Years Considered
 Figure 19. Global Smart Building Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 20. Global Smart Building Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 21. Global Smart Building Market Share by Region: 2024 VS 2031
 Figure 22. Global Smart Building Market Share by Players in 2024
 Figure 23. Global Top Smart Building Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Smart Building as of 2024)
 Figure 24. The Top 10 and 5 Players Market Share by Smart Building Revenue in 2024
 Figure 25. North America Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. North America Smart Building Market Share by Country (2020-2031)
 Figure 27. United States Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. Canada Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Europe Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Europe Smart Building Market Share by Country (2020-2031)
 Figure 31. Germany Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 32. France Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. U.K. Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. Italy Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. Russia Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. Nordic Countries Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. Asia-Pacific Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Asia-Pacific Smart Building Market Share by Region (2020-2031)
 Figure 39. China Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Japan Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. South Korea Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Southeast Asia Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. India Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. Australia Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Latin America Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. Latin America Smart Building Market Share by Country (2020-2031)
 Figure 47. Mexico Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. Brazil Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 49. Middle East & Africa Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 50. Middle East & Africa Smart Building Market Share by Country (2020-2031)
 Figure 51. Turkey Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 52. Saudi Arabia Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 53. UAE Smart Building Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 54. Johnson Controls Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 55. Honeywell Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 56. Schneider Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 57. UTC Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 58. Siemens Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 59. Ingersoll Rand (Trane) Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 60. Azbil Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 61. ABB Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 62. Emerson Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 63. Eaton Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 64. Control4 Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 65. Bosch Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 66. Panasonic Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 67. Delta Controls Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 68. Legrand Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 69. Cisco Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 70. IBM Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 71. Advantech Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 72. Current (GE) Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 73. Carrier Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 74. Otis Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 75. Hitachi Revenue Growth Rate in Smart Building Business (2020-2025)
 Figure 76. Bottom-up and Top-down Approaches for This Report
 Figure 77. Data Triangulation
 Figure 78. Key Executives Interviewed

Description

The global market for Smart Building was valued at US$ 86070 million in the year 2024 and is projected to reach a revised size of US$ 188230 million by 2031, growing at a CAGR of 12.0% during the forecast period.

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 major players inglobal smart building market include Johnson Controls, Honeywell, Schneider, UTC, etc. The top 3 players hold over 20% of global market shares. North America and Europe are main markets, they occupy over 68% of the global market. Building management system (BMS), security and access control, emergency alarm and evacuation system are three main types, with a share about 60% altogher. Commercial buildings is the key application, which hold about 70% shares.

This report aims to provide a comprehensive presentation of the global market for Smart Building, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Building.

The Smart Building market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Smart Building market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Smart Building companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Building company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
den_biaoTiZhungShi

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