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Smart Buildings (Nonresidential Buildings) Market Global Report 2020-30: Covid 19 Growth and Change

Starting Price : $ 4000.00 | Pages : 150 | Published : June 2020 | 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 to decline from $49.23 billion in 2019 and to $41.72 billion in 2020 at a compound annual growth rate (CAGR) of -15.26%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $54.94 billion in 2023 at CAGR of 9.61%.

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. It is also segmented by application into government; airports; hospitals; institutes manufacturing & industrial facilities; others.

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, in 2018, 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 smart building (nonresidential) market.

The risk of potential cyber-attack restricts the growth of the smart buildings (nonresidential) market. A smart building (nonresidential) 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 building (nonresidential) 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, in 2016, the cyber attackers used false emails to gain access to the software network of German steel mill and eventually destroyed the production management software 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 of 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 (nonresidential) 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 in the 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 smart buildings (nonresidential buildings) market global report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA

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.

    1. Executive Summary

    2. Smart Buildings (Nonresidential Buildings) Market Characteristics

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

    3.1. Global Smart Buildings (Nonresidential Buildings) Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Smart Buildings (Nonresidential Buildings) Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Smart Buildings (Nonresidential Buildings) Market Segmentation

    4.1. Global Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Intelligent Security System

    Building Energy Management System

    Infrastructure Management System

    Network Management System

    4.2. Global Smart Buildings (Nonresidential Buildings) Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Government

    Airports

    Hospitals

    Institutes Manufacturing & Industrial facilities

    Others

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

    5.1. Global Smart Buildings (Nonresidential Buildings) Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Smart Buildings (Nonresidential Buildings) Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

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

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

    6.2. Asia-Pacific Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Smart Buildings (Nonresidential Buildings) Market  

    7.1. China Smart Buildings (Nonresidential Buildings) Market Overview  

    7.2. China Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    8. India Smart Buildings (Nonresidential Buildings) Market  

    8.1. India Smart Buildings (Nonresidential Buildings) Market Overview  

    8.2. India Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Smart Buildings (Nonresidential Buildings) Market  

    9.1. Japan Smart Buildings (Nonresidential Buildings) Market Overview  

    9.2. Japan Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Smart Buildings (Nonresidential Buildings) Market  

    10.1. Australia Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Smart Buildings (Nonresidential Buildings) Market  

    11.1. Indonesia Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Smart Buildings (Nonresidential Buildings) Market  

    12.1. South Korea Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Smart Buildings (Nonresidential Buildings) Market  

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

    13.2. Western Europe Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Smart Buildings (Nonresidential Buildings) Market  

    14.1. UK Smart Buildings (Nonresidential Buildings) Market Overview

    14.2. UK Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Smart Buildings (Nonresidential Buildings) Market  

    15.1. Germany Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Smart Buildings (Nonresidential Buildings) Market  

    16.3. France Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Smart Buildings (Nonresidential Buildings) Market  

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

    17.2. Eastern Europe Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Smart Buildings (Nonresidential Buildings) Market  

    18.1. Russia Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Smart Buildings (Nonresidential Buildings) Market  

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

    19.2. North America Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Smart Buildings (Nonresidential Buildings) Market  

    20.1. USA Smart Buildings (Nonresidential Buildings) Market Overview

    20.2. USA Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Smart Buildings (Nonresidential Buildings) Market  

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

    21.2. South America Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Smart Buildings (Nonresidential Buildings) Market  

    22.1. Brazil Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Smart Buildings (Nonresidential Buildings) Market  

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

    23.2. Middle East Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Smart Buildings (Nonresidential Buildings) Market  

    24.1. Africa Smart Buildings (Nonresidential Buildings) Market Overview

    24.2. Africa Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

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

    25.1. Smart Buildings (Nonresidential Buildings) Market Competitive Landscape

    25.2. Smart Buildings (Nonresidential Buildings) Market Company Profiles

    25.2.1. PCl Construction

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Skanska

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Arabian Construction Company

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Besix 

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Spire Realty Group

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

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

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

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

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Smart Buildings (Nonresidential Buildings) Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Smart Buildings (Nonresidential Buildings) Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Asia-Pacific, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: China, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: India, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Japan, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Australia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Indonesia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: South Korea, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: Western Europe, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: UK, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: Germany, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: France, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Eastern Europe, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Russia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: North America, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: USA, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: South America, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Brazil, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Middle East, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Africa, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: PCl Construction Financial Performance
  • Table 27: Skanska Financial Performance
  • Table 28: Arabian Construction Company Financial Performance
  • Table 29: Besix  Financial Performance
  • Table 30: Spire Realty Group Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Smart Buildings (Nonresidential Buildings) Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Smart Buildings (Nonresidential Buildings) Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Smart Buildings (Nonresidential Buildings) Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Asia-Pacific, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: China, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: India, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Japan, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Australia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Indonesia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: South Korea, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: Western Europe, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: UK, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: Germany, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: France, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Eastern Europe, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Russia, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: North America, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: USA, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: South America, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Brazil, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Middle East, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Africa, Smart Buildings (Nonresidential Buildings) Market, Segmentation By Automation Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: PCl Construction Financial Performance
  • Figure 27: Skanska Financial Performance
  • Figure 28: Arabian Construction Company Financial Performance
  • Figure 29: Besix  Financial Performance
  • Figure 30: Spire Realty Group Financial Performance
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