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Smart Buildings (Nonresidential Buildings) Global Market Report 2021: COVID 19 Growth And Change to 2030

Starting Price : $4000 | Pages : 175 | Published : January 2021 | SKU CODE : 7540 | Format :


The smart buildings (nonresidential buildings) market consists of sales of smart buildings (nonresidential buildings) and related services. Smart buildings have automated processes and increase operational efficiency of a non-residential, commercial as well as industrial buildings. The smart building (nonresidential buildings) involves the use of sensors, actuators, microchips to automatically control the processes of the building such as heating, ventilation, air conditioning, lighting, security and other systems.

The global smart buildings (nonresidential buildings) market is expected grow from $36.42 billion in 2020 to $42.08 billion in 2021 at a compound annual growth rate (CAGR) of 15.5%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $59.3 billion in 2025 at a CAGR of 9%.

The smart buildings (nonresidential buildings) market covered in this report is segmented by automation type into intelligent security system; building energy management system; infrastructure management system; network management system.

The smart building (nonresidential) market is driven by the increasing demand to automate tasks by using IoT (Internet of Things) devices. IoT involves sending and receiving data by a network of sensors, appliances, meters and other devices in a smart building. The IoT enabled sensors and devices are used to increase the efficiency of the appliances in a smart building making it more efficient, sustainable, safer such as a few IoT enabled sensors are capable of automatically turning the lights on sensing the presence in a room thus adding a distinctive attribute to the smart building. Thus, the increased adoption of IoT technology boosts growth of the smart building market. For instance, the IoT-based connected devices used in smart commercial buildings was an estimated of 151 million units. Thus, the increased use of IoT devices in smart building increases the growth of the smart building market.

The risk of potential cyber-attack restricts the growth of the smart buildings (nonresidential) market. A smart building uses a complex network of devices connected over internet that uses sensors and controllers used to control the elevators, ventilation systems, heating systems, lighting, water, video surveillance systems, alarms, and other critical functions. Thus, any security breach caused due to malicious cyber-attack affects the remote monitoring of temperature, system performance, and other variables of a smart building as a whole thus restraining the smart buildings market. Any breach in cyber security of a smart office building may result in the exploitation of remote access privileges to gain access to the facility. For instance, the cyber attackers used false emails to gain access to the software network of German steel mill and eventually destroyed the production management software by destroying human machine interaction points, the blast furnace systems causing significant operational damage. Further, as reported by Kaspersky, in 2019, in Italy 48.5% of all smart buildings were affected by cyberattacks leading to the loss of control over the computers that control smart building automation systems. Thus, the growth of smart buildings (nonresidential) market is restricted by the risk of cyber causing operational damage.

The use of 5G technology is the latest trend in the smart building (nonresidential) market. 5G technology is the upcoming cellular technology that reduces the time it takes for devices over wireless network to communicate with each other. 5G implementation in smart buildings will considerably enhance the usage of wireless edge devices providing rich multimedia experiences. 5G will also improve the security check applications for a commercial building. For smart hospital buildings, the use of 5G is estimated to improve the wayfinding that will enable smart wheelchairs and beds to move immobile patients. Following the trend in 2019, Ericsson, a Sweden-based networking and telecommunications company, announced investing $100 million to develop a smart factory in Texas implementing 5G technology by 2020. The factory is expected to manufacture advanced antenna system radios to enable rapid 5G deployments. The use of 5G technology is expected to improve the connectivity in smart buildings thus, forming a trend that is witnessing a huge capital investment by the major players in the smart building market.

In 2018, Panasonic, a Japan based electrical equipment company, entered into a definitive partnership with Schneider Electric for building energy management for commercial buildings. Through this partnership Panasonic’s AC Smart Connectivity solution is integrated with Schneider Electric's EcoStruxture Building Solution and Intelligent Room Controllers to provide smart building solution. The new integrated solution optimizes the energy consumption thus reducing the operating costs for building operators. Schneider Electric is a multinational corporation that is based in France and provides electrical solutions globally.

The major players covered in the global smart buildings (nonresidential buildings) market are PCl Construction, Skanska, Arabian Construction Company, Besix, Spire Realty Group, Lendlease, Vinci, Bechtel, Balfourbeatty, Bouygues, The Royal BAM Group, Laing O'Rourke, China State Construction Engineering, L&T Construction, Turner Construction Company, Grupoacs, Hochtief, Bouygues Construction.

The countries covered in the global smart buildings (nonresidential buildings) market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global smart buildings (nonresidential buildings) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global smart buildings (nonresidential buildings) market is segmented -

1) By Automation Type: Intelligent Security System, Building Energy Management System, Infrastructure Management System, Network Management System

2) By Application: Government, Airports, Hospitals, Institutes Manufacturing & Industrial Facilities, Others

3) By Product Type: Institutional Buildings, Commercial Buildings

    1. Executive Summary

    2. Smart Buildings (Nonresidential Buildings) Market Characteristics

    3. Smart Buildings (Nonresidential Buildings) Market Trends And Strategies

    4. Impact Of COVID-19 On Smart Buildings (Nonresidential Buildings)

    5. Smart Buildings (Nonresidential Buildings) Market Size And Growth

    5.1. Global Smart Buildings (Nonresidential Buildings) Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Smart Buildings (Nonresidential Buildings) Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Smart Buildings (Nonresidential Buildings) Market Segmentation

    6.1. Global Smart Buildings (Nonresidential Buildings) Market, Segmentation  By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Intelligent Security System

    Building Energy Management System

    Infrastructure Management System

    Network Management System

    6.2. Global Smart Buildings (Nonresidential Buildings) Market, Segmentation  By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

     Government

     Airports

    Hospitals

    Institutes Manufacturing & Industrial facilities

    Others

    6.3. Global Smart Buildings (Nonresidential Buildings) Market, Segmentation  By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Institutional Buildings

    Commercial Buildings

    7. Smart Buildings (Nonresidential Buildings) Market Regional And Country Analysis

    7.1. Global Smart Buildings (Nonresidential Buildings) Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Smart Buildings (Nonresidential Buildings) Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Smart Buildings (Nonresidential Buildings) Market  

    8.1. Asia-Pacific Smart Buildings (Nonresidential Buildings) Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Smart Buildings (Nonresidential Buildings) Market  

    9.1. China Smart Buildings (Nonresidential Buildings) Market Overview  

    9.2. China Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Smart Buildings (Nonresidential Buildings) Market  

    10.1. India Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Smart Buildings (Nonresidential Buildings) Market  

    11.1. Japan Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Smart Buildings (Nonresidential Buildings) Market  

    12.1. Australia Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Smart Buildings (Nonresidential Buildings) Market  

    13.1. Indonesia Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Smart Buildings (Nonresidential Buildings) Market  

    14.1. South Korea Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Smart Buildings (Nonresidential Buildings) Market  

    15.1. Western Europe Smart Buildings (Nonresidential Buildings) Market Overview

    15.2. Western Europe Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Smart Buildings (Nonresidential Buildings) Market  

    16.1. UK Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Smart Buildings (Nonresidential Buildings) Market  

    17.1. Germany Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Smart Buildings (Nonresidential Buildings) Market  

    18.3. France Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Smart Buildings (Nonresidential Buildings) Market  

    19.1. Eastern Europe Smart Buildings (Nonresidential Buildings) Market Overview

    19.2. Eastern Europe Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Smart Buildings (Nonresidential Buildings) Market  

    20.1. Russia Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Smart Buildings (Nonresidential Buildings) Market  

    21.1. North America Smart Buildings (Nonresidential Buildings) Market Overview

    21.2. North America Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Smart Buildings (Nonresidential Buildings) Market  

    22.1. USA Smart Buildings (Nonresidential Buildings) Market Overview

    22.2. USA Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Smart Buildings (Nonresidential Buildings) Market  

    23.1. South America Smart Buildings (Nonresidential Buildings) Market Overview

    23.2. South America Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Smart Buildings (Nonresidential Buildings) Market  

    24.1. Brazil Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Smart Buildings (Nonresidential Buildings) Market  

    25.1. Middle East Smart Buildings (Nonresidential Buildings) Market Overview

    25.2. Middle East Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Smart Buildings (Nonresidential Buildings) Market  

    26.1. Africa Smart Buildings (Nonresidential Buildings) Market Overview

    26.2. Africa Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Smart Buildings (Nonresidential Buildings) Market Competitive Landscape And Company Profiles

    27.1. Smart Buildings (Nonresidential Buildings) Market Competitive Landscape

    27.2. Smart Buildings (Nonresidential Buildings) Market Company Profiles

    27.2.1. PCl Construction

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Skanska

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Arabian Construction Company

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Besix 

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Spire Realty Group

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Smart Buildings (Nonresidential Buildings) Market

    29. Smart Buildings (Nonresidential Buildings) Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation  By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation  By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation  By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Smart Buildings (Nonresidential Buildings) Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Global Smart Buildings (Nonresidential Buildings) Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: China, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: India, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: Japan, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Australia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: Indonesia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: South Korea, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: Western Europe, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: UK, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: Germany, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: France, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: Russia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: North America, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: USA, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: South America, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: Brazil, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Middle East, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: Africa, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 27: PCl Construction Financial Performance
  • Table 28: Skanska Financial Performance
  • Table 29: Arabian Construction Company Financial Performance
  • Table 30: Besix  Financial Performance
  • Table 31: Spire Realty Group Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation  By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation  By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation  By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Smart Buildings (Nonresidential Buildings) Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Global Smart Buildings (Nonresidential Buildings) Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: China, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: India, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: Japan, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Australia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: South Korea, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: UK, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: Germany, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: France, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: Russia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: North America, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: USA, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: South America, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: Brazil, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Middle East, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: Africa, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 27: PCl Construction Financial Performance
  • Figure 28: Skanska Financial Performance
  • Figure 29: Arabian Construction Company Financial Performance
  • Figure 30: Besix  Financial Performance
  • Figure 31: Spire Realty Group Financial Performance
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