$19.65Bn Building Analytics Market to 2027 - Global Analysis & Forecasts by Deployment Type, Component, Building Type and Application - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Mar 28, 2019--The “Building Analytics Market to 2027 - Global Analysis and Forecasts by Deployment Type, Component; Building Type; and Application” report has been added to ResearchAndMarkets.com’s offering.
In terms of revenue, the global building analytics market is expected to grow to US$ 19,655.7 million by 2027 from US$ 6,181.4 million in 2018.
Factors such as growing energy prices, increasingly stringent building energy guidelines, and achieving maximum operational efficiency for building and facility management is expected to be the major market driving forces for building analytics market in the coming years.
Moreover, growing demand for interoperable and robust building analytics solution facilitating effective monitoring and managing of various facility assets is also expected to gain major traction in the coming years and provide numerous profitable business opportunities for the market players in global building analytics market.
Currently, the companies offer a mix of solution and services to their clients such as signal malls, airports, manufacturing & production plant residential complexes, hotels, offices, and government buildings among others for their seamless facility management. Further, the companies also offer insights and reports to relate to fault detection, monitoring, and risk assessment analytic reports for making informed decisions and framing policies for improved infrastructure management.
On the basis of building type, commercial building segment is the leading segment of the global building analytics market. Presently, more than of the world’s population lives in urban areas, and the trend is expected to move rapidly to around 80% over the next couple of decades. More than half of the built space in the urban areas and the majority of their resources are utilized by commercial buildings. A major portion of these resources consumed by these buildings is wasted, which has created a need to build or adopt new and advanced measures for sustainable growth.
In US itself, commercial buildings consume around 20% of country’s total energy and 40% of electricity. The new as well as existing buildings in the country can substantially enhance their energy efficiency and performance through integration of building analytics solution into their operations. Thus, the building analytics market is anticipated to gain significant traction in the coming years and yield numerous profitable opportunities for the market players in the coming years.
1.1 Scope of the Study
1.2 Report Guidance
2. Key Takeaways
3. Building Analytics Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Global Building Analytics Market - by Deployment Type
3.2.2 Global Building Analytics Market - by Component
3.2.3 Global Building Analytics Market - by Building Type
3.2.4 Global Building Analytics Market - by Application
3.2.5 Global Building Analytics Market - by Geography
3.3 Pest Analysis
3.3.1 North America Pest Analysis
3.3.2 Europe Pest Analysis
3.3.3 APAC Pest Analysis
3.3.4 Middle East & Africa Pest Analysis
3.3.5 South America Pest Analysis
4. Building Analytics Market - Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Growing Adoption of Efficient Facility Management Tools
4.1.2 Increasing Awareness of Benefits Associated With Predictive Maintenance
4.2 Key Market Restraints
4.2.1 Lack of Awareness For Building Analytics Among Smes
4.3 Key Market Opportunities
4.3.1 Development of Interoperable and Scalable Building Analytics Solutions
4.4 Future Trends
4.4.1 Shift From Reactive Maintenance To Predictive Maintenance Through Use of Analytics
4.5 Impact Analysis of Drivers and Restraints
5. Building Analytics - Global Market Analysis
5.1 Global Building Analytics Market Overview
5.2 Global Building Analytics Market Forecast and Analysis
6. Global Business Analytic Market Analysis - by Deployment Type
6.2 Cloud Based
7. Global Building Analytics Market Analysis - by Component
8. Building Analytics Market Revenue and Forecasts To 2025 -Building Type
8.2 Building Type Market Forecasts and Analysis
8.3 Manufacturing Facilities
8.4 Residential Building
8.5 Commercial Building
8.6 Public Places
8.7 Government Building
9. Building Analytics Market Revenue and Forecasts To 2025 - by Application
9.2 Application Market Forecasts and Analysis
9.3 Fault Detection & Monitoring Facilities
9.4 Security Management
9.5 Energy Management
9.6 Emergency Management
9.7 Parking Management
9.8 Operations Management
9.9 Network Management
10. Global Building Analytics Market- Geographical Analysis
10.2 North America Building Analytics Market Revenue and Forecasts To 2027
10.3 Europe Building Analytics Market Revenue and Forecasts To 2027
10.4 Asia Pacific (Apac) Building Analytics Market Revenue and Forecasts To 2027
10.5 Middle East & Africa Building Analytics Market Revenue and Forecasts To 2027
10.6 South America Building Analytics Market Revenue and Forecasts To 2027
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development
12. Competitive Landscape
12.1 Competitive Service Mapping
12.2 Market Positioning - Global Top 5 Players Ranking
13. Global Building Analytics - Company Profiles
13.1 Schneider Electric SE
13.2 International Business Machines Corporation
13.4 Environmental Systems, Inc. (Cbre Group, Inc.)
13.5 Engie Insight Services Inc.
13.8 Acorn Engineering Group Limited.
13.9 Waibel Energy Systems
13.10 Buildingiq, Inc.
13.11 Siemens AG
13.12 General Electric
13.13 Iconics, Inc.
13.14 Coppertree Analytics
13.15 Delta Electronics
For more information about this report visit https://www.researchandmarkets.com/r/litttq
View source version on businesswire.com:https://www.businesswire.com/news/home/20190328005924/en/
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Related Topics:Internet of Things and M2M
INDUSTRY KEYWORD: BUILDING SYSTEMS ENERGY UTILITIES CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 03/28/2019 04:19 PM/DISC: 03/28/2019 04:19 PM