Emergen Research’s latest document, titled ‘Global Smart Buildings Market - Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Smart Buildings market. Increasing investment in smart technologies helps to increase efficiency of smart buildings. Intelligent buildings allow leveraging of the latest innovations in an intuitive way. Smart buildings with automated door opening, voice control devices, and fall detection provide comfortable and easier accessibility for disabled persons.

Its panoramic view of the Smart Buildings industry entails useful insights into the estimated Smart Buildings market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry's key outcome in the near future. intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans.

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Leading Players Profiled in the Report:

Cisco Systems, Inc.,

Honeywell International Inc.,

Johnson Controls Internationals,

Hitachi Ltd.,

Schneider Electric,

ABB Ltd.,

Legrand,

Siemens AG,

Robert Bosch GmbH, and

Telit

Educational institutions segment accounted for significantly robust revenue share in 2020 and is expected to register a rapid growth rate during the forecast period. Smart technologies in educational institutions provides brighter lighting, proper ventilation, and adequate energy, among others. This helps to boost learning experience of students.

Key geographical areas:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East Africa

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Emergen Research has segmented the global smart buildings market on the basis of automation type, service type, building type, and region:

Automation Type Outlook (Revenue, USD Billion; 2018–2028)

• Building Management System (BMS)
• Heating, Ventilation, and Air Conditioning (HVAC)
• Lightning Control System
• Emergency Alarm and Evacuation System
• Audio and Visual Effects
• Video Surveillance System
• Elevators and Escalators Systems
• Fire and Life Safety Alarm
• Energy Management
• Others

Service Type Outlook (Revenue, USD Billion; 2018-2028)

• System Integration and Deployment
• Support and Maintenance
• Consulting

Building Type Outlook (Revenue, USD Billion; 2018–2028)

• Commercial Buildings
• Residential Building
• Governmental and Public Infrastructure Facilities
• Educational Institutions

In January 2020, Johnson Controls International announced the launch of new commercial Rooftop Units (RTUs), which will exceed Department of Energy (DoE) energy efficiency standards of smart buildings by 22%. New commercial rooftop units will help to maximize control, extend smart building equipment life, and reduce operating cost.

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