The global Smart Building market size is predicted to grow from US$ 93290 million in 2025 to US$ 188600 million in 2031; it is expected to grow at a CAGR of 12.4% from 2025 to 2031.
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鈥檚 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.
The 鈥淪mart Building Industry Forecast鈥 looks at past sales and reviews total world Smart Building sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Building sales for 2025 through 2031. With Smart Building sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Building industry.
This Insight Report provides a comprehensive analysis of the global Smart Building landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Smart Building portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global Smart Building market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Building and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Building.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Building market by product type, application, key players and key regions and countries.
Segmentation 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
Segmentation by Application:
Government Buildings
Residential Buildings
Commercial Building
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Smart Building 麻豆原创 Size (2020-2031)
2.1.2 Smart Building 麻豆原创 Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Smart Building by Country/Region (2020, 2024 & 2031)
2.2 Smart Building Segment by Type
2.2.1 Building Management System (BMS)
2.2.2 HVAC
2.2.3 Lighting Control
2.2.4 Security and Access Control
2.2.5 Emergency Alarm and Evacuation System
2.2.6 Audio and Visual Effects
2.2.7 Escalator
2.2.8 Elevator
2.2.9 Others
2.3 Smart Building 麻豆原创 Size by Type
2.3.1 Smart Building 麻豆原创 Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Smart Building 麻豆原创 Size 麻豆原创 Share by Type (2020-2025)
2.4 Smart Building Segment by Application
2.4.1 Government Buildings
2.4.2 Residential Buildings
2.4.3 Commercial Building
2.5 Smart Building 麻豆原创 Size by Application
2.5.1 Smart Building 麻豆原创 Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Smart Building 麻豆原创 Size 麻豆原创 Share by Application (2020-2025)
3 Smart Building 麻豆原创 Size by Player
3.1 Smart Building 麻豆原创 Size 麻豆原创 Share by Player
3.1.1 Global Smart Building Revenue by Player (2020-2025)
3.1.2 Global Smart Building Revenue 麻豆原创 Share by Player (2020-2025)
3.2 Global Smart Building Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Smart Building by Region
4.1 Smart Building 麻豆原创 Size by Region (2020-2025)
4.2 Global Smart Building Annual Revenue by Country/Region (2020-2025)
4.3 Americas Smart Building 麻豆原创 Size Growth (2020-2025)
4.4 APAC Smart Building 麻豆原创 Size Growth (2020-2025)
4.5 Europe Smart Building 麻豆原创 Size Growth (2020-2025)
4.6 Middle East & Africa Smart Building 麻豆原创 Size Growth (2020-2025)
5 Americas
5.1 Americas Smart Building 麻豆原创 Size by Country (2020-2025)
5.2 Americas Smart Building 麻豆原创 Size by Type (2020-2025)
5.3 Americas Smart Building 麻豆原创 Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Building 麻豆原创 Size by Region (2020-2025)
6.2 APAC Smart Building 麻豆原创 Size by Type (2020-2025)
6.3 APAC Smart Building 麻豆原创 Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Smart Building 麻豆原创 Size by Country (2020-2025)
7.2 Europe Smart Building 麻豆原创 Size by Type (2020-2025)
7.3 Europe Smart Building 麻豆原创 Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Building by Region (2020-2025)
8.2 Middle East & Africa Smart Building 麻豆原创 Size by Type (2020-2025)
8.3 Middle East & Africa Smart Building 麻豆原创 Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global Smart Building 麻豆原创 Forecast
10.1 Global Smart Building Forecast by Region (2026-2031)
10.1.1 Global Smart Building Forecast by Region (2026-2031)
10.1.2 Americas Smart Building Forecast
10.1.3 APAC Smart Building Forecast
10.1.4 Europe Smart Building Forecast
10.1.5 Middle East & Africa Smart Building Forecast
10.2 Americas Smart Building Forecast by Country (2026-2031)
10.2.1 United States 麻豆原创 Smart Building Forecast
10.2.2 Canada 麻豆原创 Smart Building Forecast
10.2.3 Mexico 麻豆原创 Smart Building Forecast
10.2.4 Brazil 麻豆原创 Smart Building Forecast
10.3 APAC Smart Building Forecast by Region (2026-2031)
10.3.1 China Smart Building 麻豆原创 Forecast
10.3.2 Japan 麻豆原创 Smart Building Forecast
10.3.3 Korea 麻豆原创 Smart Building Forecast
10.3.4 Southeast Asia 麻豆原创 Smart Building Forecast
10.3.5 India 麻豆原创 Smart Building Forecast
10.3.6 Australia 麻豆原创 Smart Building Forecast
10.4 Europe Smart Building Forecast by Country (2026-2031)
10.4.1 Germany 麻豆原创 Smart Building Forecast
10.4.2 France 麻豆原创 Smart Building Forecast
10.4.3 UK 麻豆原创 Smart Building Forecast
10.4.4 Italy 麻豆原创 Smart Building Forecast
10.4.5 Russia 麻豆原创 Smart Building Forecast
10.5 Middle East & Africa Smart Building Forecast by Region (2026-2031)
10.5.1 Egypt 麻豆原创 Smart Building Forecast
10.5.2 South Africa 麻豆原创 Smart Building Forecast
10.5.3 Israel 麻豆原创 Smart Building Forecast
10.5.4 Turkey 麻豆原创 Smart Building Forecast
10.6 Global Smart Building Forecast by Type (2026-2031)
10.7 Global Smart Building Forecast by Application (2026-2031)
10.7.1 GCC Countries 麻豆原创 Smart Building Forecast
11 Key Players Analysis
11.1 Johnson Controls
11.1.1 Johnson Controls Company Information
11.1.2 Johnson Controls Smart Building Product Offered
11.1.3 Johnson Controls Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.1.4 Johnson Controls Main Business Overview
11.1.5 Johnson Controls Latest Developments
11.2 Honeywell
11.2.1 Honeywell Company Information
11.2.2 Honeywell Smart Building Product Offered
11.2.3 Honeywell Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.2.4 Honeywell Main Business Overview
11.2.5 Honeywell Latest Developments
11.3 Schneider
11.3.1 Schneider Company Information
11.3.2 Schneider Smart Building Product Offered
11.3.3 Schneider Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.3.4 Schneider Main Business Overview
11.3.5 Schneider Latest Developments
11.4 UTC
11.4.1 UTC Company Information
11.4.2 UTC Smart Building Product Offered
11.4.3 UTC Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.4.4 UTC Main Business Overview
11.4.5 UTC Latest Developments
11.5 Siemens
11.5.1 Siemens Company Information
11.5.2 Siemens Smart Building Product Offered
11.5.3 Siemens Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.5.4 Siemens Main Business Overview
11.5.5 Siemens Latest Developments
11.6 Ingersoll Rand (Trane)
11.6.1 Ingersoll Rand (Trane) Company Information
11.6.2 Ingersoll Rand (Trane) Smart Building Product Offered
11.6.3 Ingersoll Rand (Trane) Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.6.4 Ingersoll Rand (Trane) Main Business Overview
11.6.5 Ingersoll Rand (Trane) Latest Developments
11.7 Azbil
11.7.1 Azbil Company Information
11.7.2 Azbil Smart Building Product Offered
11.7.3 Azbil Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.7.4 Azbil Main Business Overview
11.7.5 Azbil Latest Developments
11.8 ABB
11.8.1 ABB Company Information
11.8.2 ABB Smart Building Product Offered
11.8.3 ABB Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.8.4 ABB Main Business Overview
11.8.5 ABB Latest Developments
11.9 Emerson
11.9.1 Emerson Company Information
11.9.2 Emerson Smart Building Product Offered
11.9.3 Emerson Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.9.4 Emerson Main Business Overview
11.9.5 Emerson Latest Developments
11.10 Eaton
11.10.1 Eaton Company Information
11.10.2 Eaton Smart Building Product Offered
11.10.3 Eaton Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.10.4 Eaton Main Business Overview
11.10.5 Eaton Latest Developments
11.11 Control4
11.11.1 Control4 Company Information
11.11.2 Control4 Smart Building Product Offered
11.11.3 Control4 Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.11.4 Control4 Main Business Overview
11.11.5 Control4 Latest Developments
11.12 Bosch
11.12.1 Bosch Company Information
11.12.2 Bosch Smart Building Product Offered
11.12.3 Bosch Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.12.4 Bosch Main Business Overview
11.12.5 Bosch Latest Developments
11.13 Panasonic
11.13.1 Panasonic Company Information
11.13.2 Panasonic Smart Building Product Offered
11.13.3 Panasonic Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.13.4 Panasonic Main Business Overview
11.13.5 Panasonic Latest Developments
11.14 Delta Controls
11.14.1 Delta Controls Company Information
11.14.2 Delta Controls Smart Building Product Offered
11.14.3 Delta Controls Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.14.4 Delta Controls Main Business Overview
11.14.5 Delta Controls Latest Developments
11.15 Legrand
11.15.1 Legrand Company Information
11.15.2 Legrand Smart Building Product Offered
11.15.3 Legrand Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.15.4 Legrand Main Business Overview
11.15.5 Legrand Latest Developments
11.16 Cisco
11.16.1 Cisco Company Information
11.16.2 Cisco Smart Building Product Offered
11.16.3 Cisco Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.16.4 Cisco Main Business Overview
11.16.5 Cisco Latest Developments
11.17 IBM
11.17.1 IBM Company Information
11.17.2 IBM Smart Building Product Offered
11.17.3 IBM Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.17.4 IBM Main Business Overview
11.17.5 IBM Latest Developments
11.18 Advantech
11.18.1 Advantech Company Information
11.18.2 Advantech Smart Building Product Offered
11.18.3 Advantech Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.18.4 Advantech Main Business Overview
11.18.5 Advantech Latest Developments
11.19 Current (GE)
11.19.1 Current (GE) Company Information
11.19.2 Current (GE) Smart Building Product Offered
11.19.3 Current (GE) Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.19.4 Current (GE) Main Business Overview
11.19.5 Current (GE) Latest Developments
11.20 Carrier
11.20.1 Carrier Company Information
11.20.2 Carrier Smart Building Product Offered
11.20.3 Carrier Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.20.4 Carrier Main Business Overview
11.20.5 Carrier Latest Developments
11.21 Otis
11.21.1 Otis Company Information
11.21.2 Otis Smart Building Product Offered
11.21.3 Otis Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.21.4 Otis Main Business Overview
11.21.5 Otis Latest Developments
11.22 Hitachi
11.22.1 Hitachi Company Information
11.22.2 Hitachi Smart Building Product Offered
11.22.3 Hitachi Smart Building Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.22.4 Hitachi Main Business Overview
11.22.5 Hitachi Latest Developments
12 Research Findings and Conclusion
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*If Applicable.