Intelligent Building System In Multi-Family Houses Market - Forecast(2024 - 2030)

Report Code: ITR 92036 Report Format: PDF + Excel

Intelligent Building System In Multi-Family Houses Market Overview

Intelligent building System in multi family houses Market Size is forecast to reach $2.5 billion by 2026, growing at a CAGR of 12.7% during 2021-2026.  Growth in penetration of Internet of Things (IoT) in the building management systemincreased market for Building automation and control system adoption of green building and eco-friendly infrastructure has led to the construction of smart and energy efficient buildings., which regulates the energy usage and effectively manages the energy consumption in building across all the sectors and boost the growth of the market. Intelligent building system consists of security surveillance and control systems which is generally called intelligent security system and is based on energy management. In the developing countries, the government’s investment in infrastructure management, building management, energy management and intelligent security systems are mostly based on the energy management focusing on the lighting control system and others driving the market growth. The demand for advanced infrastructure including lighting control systems are anticipated to surge the intelligent building solution opportunities in the forecast period.

Report Coverage

The report: “Intelligent Building System In Multi-Family Houses Market Industry Outlook– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Intelligent Building System In Multi-Family Houses Market

By Product Type: Intelligent Security System, Building Energy Management System, Infrastructure Management System, Network Management system

By Type: Hardware, Software, services

By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, Australia and Others), and RoW (Middle East and Africa, South America)

Key Takeaways

  • Surge in the adoption of wireless technologies such as BLE and others along with increasing construction activities to modernize the infrastructure have driven the growth of the market.
  • ISS segment is witnessing a significant growth in the market owing to increasing government expenditure in smart building such as “Make in India” and others where sensors, controllers and other smart automation devices are used.
  • APAC is witnessing a major growth in the market owing to the surge in expenditure for construction due to advancement in technology and growth of IoT and adoption of the wireless technology in smart infrastructure.

Global Intelligent Building System In Multi-Family Houses Market, By Region, 2020

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Intelligent Building System In Multi-Family Houses Market Segment Analysis - By Type

The Hardware segment is growing at a significant market share of 69.1% in the forecast period as the buildings are getting continuously and exponentially smarter fuelled by the rapid technological advancement and adoption of internet of things (IoT). The hardware controls lighting, heat, ventilation, and air conditioning in the smart building. Surge in the modern building automation system uses advanced technology to collect and share information about the many important processes within the building in order to optimize the performance of the building itself. Hardware components consist of sensors, controllers and output devices which collect several data such as temperature, humidity and others and process the collected data. All these factors are analyzed to boost the growth of the market in the forecast period 2020-2026.

Intelligent Building System In Multi-Family Houses Market Segment Analysis - By Product Type

Intelligent Security Systems are expected to witness a highest CAGR of 15.5% during the forecast period as there is a requirement of security surveillance and control systems in the smart buildings and the ISS enables digital data processing and transmission. In the recent years, there is tremendous growth in construction activities predominantly in the APAC region countries such as India, China, Australia and others mainly focusing on the development of smart buildings. The Victorian Government has approved four new multi-billion dollar building projects in 2020. The South Australian state government has announced that it will fast track new major infrastructure projects. In January 2020, Italy's building production soared 8.4 percent from a year earlier, up from a 1.3 percent decline in the preceding month. It was the largest gain since March 2019 in construction production. Building production rose 7.9 percent on a seasonally adjusted monthly basis, after rising 1.4 percent in December. Investment in the construction sector continues to rise, led by the resumption of public works which are analyzed to boost the market growth in the forecast period in 2020-2026.

Intelligent Building System In Multi-Family Houses Market Segment Analysis - By Geography

Intelligent Building System In Multi-Family Houses Market in APAC region held a significant market share of 38.2% in 2020. Growth in the construction activities coupled with the surge in building automation are analyzed to fuel the market in this region. The residential construction market to remain the largest market over the forecast period and account for 67% of the total value in 2023, supported by the government’s plan to stabilize the housing market by building affordable public housing and increases the supply of rental public housing in the Australia incorporating smart technologies. Advancements in wireless communication technologies have lessened the complexity and the cost of installing building automation systems in the existing buildings along with the surge in building automation enabling saving energy and reducing operating and maintenance costs have boosted the growth of the market.

Intelligent Building System In Multi-Family Houses Market Drivers

Surge in adoption of automated security systems in buildings:

Remarkable growth in the IoT and building automation has led to the growth of the marketIn addition, growth of wireless technologies and increasing adoption of IP cameras for video surveillance where mobile devices and the web act as an interface for the connection of security systems to the cloud and the integration of home security systems with cloud helps in remote monitoring of homes. The development of smart homes is facilitated by the integration of IoT which enables remote, real-time, and automated monitoring of the home environment. Moreover, development of smart sensing and actuating devices, and relevant communication technologies such as Bluetooth Low Energy (BLE), ZigBee, and ANT has enabled access to several security options, such as access control, and fire and gas detection systems, offers flexibility, convenience. These modernization and replacement activities are analyzed to propel the demand for the industrial fasteners in the forecast period.

Growth of Construction activities:

The surge in construction activities owing to the increasing government expenditure for modernization has increased the demand for Intelligent Building System In Multi-Family Houses. In Singapore, total construction demand is set to boost in the forecast period led by public sector building projects including public housing, as well as private sector projects such as the continued redevelopment of en bloc residential sites and berth facilities at Jurong Port and Tanjong Pagar Terminal. The construction sector accounts for about 4 per cent of Singapore's total gross domestic product giving the boost to the Intelligent Building System In Multi-Family Houses Market.

Intelligent Building System In Multi-Family Houses Market Challenges:

High maintenance cost along with installation:

Although there is highly a requirement of intelligent buildings but the high cost associated with the installation and maintenance of home security systems is expected to be the key factor limiting the growth of the market as the expensive hardware and consultation regarding the use of these systems increase the installation cost. In addition, although the customers have become aware of home security systems but the investments are not affordable. This high operation, installation and maintenance costs are analyzed to hamper the growth of the market in the forecast period 2020-2026.

Intelligent Building System In Multi-Family Houses Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Intelligent Building System In Multi-Family Houses Market. Intelligent Building System In Multi-Family Houses Market top 10 companies include Honeywell Inc., UCT, ADT, Vivint, Johnson Controls, ASSA ABLOY, Alarm.com, Inc., Comcast Corporation, Robert Bosch, Nest Labs, Inc., Siemens among others.

Acquisitions/Product Launches

  • In 2020Siemens smart infrastructure introduced smart building suite in India equipped with technologies from Silicon Valley firms Comfy and Enlighted which enables the user to design optimized spaces with enhanced features like, asset utilization, and safety.
  • In 2020, Dahua Technology launched introduced the latest series of smart access control and video intercom products  which are AI-enabled smart products

Relevant Report Titles:

Report Code; AIR 0182

Report Code: ESR 0077

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1. Intelligent Building System In Multi-Family Houses Market  - Market Overview
    1.1 Definitions and Scope
2. Intelligent Building System In Multi-Family Houses Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by end user
    2.3 Key trends segmented by geography
3. Intelligent Building System In Multi-Family Houses Market  –Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product Benchmarking
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 10 companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis
4. Intelligent Building System In Multi-Family Houses Market – Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Framework Overview
    4.2 New Business and Ease of Doing business index
    4.3 Case studies of successful ventures
    4.4 Customer Analysis – Top 10 companies
5. Intelligent Building System In Multi-Family Houses Market  – Startup Company Scenario (Premium)
    5.1 Investment Analysis
    5.2 Venture Capital Funding Scenario
6. Intelligent Building System In Multi-Family Houses Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Intelligent Building System In Multi-Family Houses Market – By Strategic Analysis  (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle
    7.4 Suppliers and Distributors
8. Intelligent Building System In Multi-Family Houses Market - By Product Type
    8.1 Intelligent Security System
    8.2 Building Energy Management System
    8.3 Infrastructure Management System
    8.4 Network Management System
9. Intelligent Building System In Multi-Family Houses Market - By Type
    9.1 Hardware
    9.2 Software
    9.3 Services
10. Intelligent Building System In Multi-Family Houses Market  -  By Geography (Market Size -$Million/Billion)
    10.1 North America
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Others
    10.3 Europe
        10.3.1 U.K
        10.3.2 Germany
        10.3.3 Italy
        10.3.4 France
        10.3.5 Spain
        10.3.6 Netherlands
        10.3.7 Others
    10.4 APAC
        10.4.1 China
        10.4.2 Japan
        10.4.3 South Korea
        10.4.4 India
        10.4.5 Australia & New Zealand
        10.4.6 Others
    10.5 RoW
        10.5.1 Middle East
        10.5.2 Africa
11. Intelligent Building System In Multi-Family Houses Market - Entropy
12. Intelligent Building System In Multi-Family Houses Market - Industry Competition Landscape (Premium)
    12.1 Global Market Share
    12.2 Market Share by Region
    12.3 Market Share by Type
    12.4 Market Share by Product Type
13. Intelligent Building System In Multi-Family Houses Market - Key Company List by Country Premium (Premium)
14. Intelligent Building System In Multi-Family Houses Market  Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Siemens AG
    14.3 Honeywell, Inc.
    14.4 Vivint, Inc.
    14.5 Johnson Controls
    14.6 UCT
    14.7 ADT
    14.8 ASSA ABLOY
    14.9 Alam.com, Inc.
    14.10 Comcast Corporation

LIST OF TABLES

1.Global GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY COMPONENT, Market 2019-2024 ($M)
1.1 Hardware Market 2019-2024 ($M) - Global Industry Research
1.2 Software Market 2019-2024 ($M) - Global Industry Research
1.3 Services Market 2019-2024 ($M) - Global Industry Research
2.Global GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY TYPE, Market 2019-2024 ($M)
2.1 Intelligent Security System Market 2019-2024 ($M) - Global Industry Research
2.2 Building Energy Management System Market 2019-2024 ($M) - Global Industry Research
2.3 Infrastructure Management System Market 2019-2024 ($M) - Global Industry Research
2.4 Network Management System Market 2019-2024 ($M) - Global Industry Research
3.Global GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY COMPONENT, Market 2019-2024 (Volume/Units)
3.1 Hardware Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Software Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Services Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY TYPE, Market 2019-2024 (Volume/Units)
4.1 Intelligent Security System Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Building Energy Management System Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Infrastructure Management System Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Network Management System Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY COMPONENT, Market 2019-2024 ($M)
5.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
5.2 Software Market 2019-2024 ($M) - Regional Industry Research
5.3 Services Market 2019-2024 ($M) - Regional Industry Research
6.North America GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY TYPE, Market 2019-2024 ($M)
6.1 Intelligent Security System Market 2019-2024 ($M) - Regional Industry Research
6.2 Building Energy Management System Market 2019-2024 ($M) - Regional Industry Research
6.3 Infrastructure Management System Market 2019-2024 ($M) - Regional Industry Research
6.4 Network Management System Market 2019-2024 ($M) - Regional Industry Research
7.South America GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY COMPONENT, Market 2019-2024 ($M)
7.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
7.2 Software Market 2019-2024 ($M) - Regional Industry Research
7.3 Services Market 2019-2024 ($M) - Regional Industry Research
8.South America GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY TYPE, Market 2019-2024 ($M)
8.1 Intelligent Security System Market 2019-2024 ($M) - Regional Industry Research
8.2 Building Energy Management System Market 2019-2024 ($M) - Regional Industry Research
8.3 Infrastructure Management System Market 2019-2024 ($M) - Regional Industry Research
8.4 Network Management System Market 2019-2024 ($M) - Regional Industry Research
9.Europe GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY COMPONENT, Market 2019-2024 ($M)
9.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
9.2 Software Market 2019-2024 ($M) - Regional Industry Research
9.3 Services Market 2019-2024 ($M) - Regional Industry Research
10.Europe GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY TYPE, Market 2019-2024 ($M)
10.1 Intelligent Security System Market 2019-2024 ($M) - Regional Industry Research
10.2 Building Energy Management System Market 2019-2024 ($M) - Regional Industry Research
10.3 Infrastructure Management System Market 2019-2024 ($M) - Regional Industry Research
10.4 Network Management System Market 2019-2024 ($M) - Regional Industry Research
11.APAC GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY COMPONENT, Market 2019-2024 ($M)
11.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
11.2 Software Market 2019-2024 ($M) - Regional Industry Research
11.3 Services Market 2019-2024 ($M) - Regional Industry Research
12.APAC GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY TYPE, Market 2019-2024 ($M)
12.1 Intelligent Security System Market 2019-2024 ($M) - Regional Industry Research
12.2 Building Energy Management System Market 2019-2024 ($M) - Regional Industry Research
12.3 Infrastructure Management System Market 2019-2024 ($M) - Regional Industry Research
12.4 Network Management System Market 2019-2024 ($M) - Regional Industry Research
13.MENA GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY COMPONENT, Market 2019-2024 ($M)
13.1 Hardware Market 2019-2024 ($M) - Regional Industry Research
13.2 Software Market 2019-2024 ($M) - Regional Industry Research
13.3 Services Market 2019-2024 ($M) - Regional Industry Research
14.MENA GLOBAL INTELLIGENT BUILDING SYSTEM MARKET IN MULTI-FAMILY HOUSES, BY TYPE, Market 2019-2024 ($M)
14.1 Intelligent Security System Market 2019-2024 ($M) - Regional Industry Research
14.2 Building Energy Management System Market 2019-2024 ($M) - Regional Industry Research
14.3 Infrastructure Management System Market 2019-2024 ($M) - Regional Industry Research
14.4 Network Management System Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
2.Canada Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
3.Mexico Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
4.Brazil Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
5.Argentina Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
6.Peru Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
7.Colombia Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
8.Chile Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
9.Rest of South America Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
10.UK Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
11.Germany Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
12.France Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
13.Italy Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
14.Spain Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
15.Rest of Europe Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
16.China Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
17.India Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
18.Japan Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
19.South Korea Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
20.South Africa Intelligent Building System In Multi-Family Houses Market Revenue, 2019-2024 ($M)
21.North America Intelligent Building System In Multi-Family Houses By Application
22.South America Intelligent Building System In Multi-Family Houses By Application
23.Europe Intelligent Building System In Multi-Family Houses By Application
24.APAC Intelligent Building System In Multi-Family Houses By Application
25.MENA Intelligent Building System In Multi-Family Houses By Application
26.ABB, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Cisco Systems, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Delta Controls, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Honeywell International Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Intel Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Johnson Controls, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Legrand, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Siemens AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.United Technologies Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Schneider Electric, Sales /Revenue, 2015-2018 ($Mn/$Bn)