The smart building market is expected to grow at a CAGR of 20.59% over the forecast period 202–2027. The adoption of IoT-based building management systems is increasing rapidly, and the growth of the smart building market is driven by space utilization and raising awareness of industry standards and regulations. Lack of cooperation and coordination between standards bodies, and growing concerns about security and data privacy are factors limiting the smart building market. 5G technology is rapidly emerging and is an opportunity. The lack of availability of skilled professionals is one of the challenges faced by the smart building market.
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Company Profile
Key market players profiled in this report include 75F (US), ABB (Switzerland), Aquicore (US), Bosch (US), BuildingIQ (US), Cisco (US), CopperTree Analytics (Canada), ENTOUCH (US), Hitachi (Japan), Honeywell (US), Huawei (China), IBM (US), Igor (US), Intel (US), Johnson Controls (Ireland), KMC Controls (US), Legrand (France), Mode:Green (US), PTC (US), Schneider Electric (Germany), Siemens (Germany), Softdel (US), Spaceti (Czechia), Telit (UK), and Verdigris Technologies (US). These players have adopted various growth strategies such as partnerships, business expansions, agreements, and collaborations; and new product launches and product enhancements to further expand their presence in the Smart buildings market and broaden their customer base.
Market Segmentation
Smart Building Market- Segmentation
By Component
- Solution
- Services
By Application
- Residential
- Commercial
Scope of the Report
The research study analyzes the global Silicone Fluid industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Building Market Report
1. What was the Smart Building Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart Building Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Smart Building Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
Proliferation and maturation of trade in the global Silicone Fluid market.
The market share of the global Silicone Fluid market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the global Silicone Fluid market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Silicone Fluid market.
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