Smart building sensors market size reached USD 6.82 Billion in 2020 and is expected to register a revenue CAGR of 21.3% during the forecast period, according to latest analysis by Emergen Research. Rising advancements in sensing technology is expected to support market revenue growth during 2021-2028. Moreover, increasing adoption of smart security solutions is expected to boost market growth. Sensors at present are very powerful and receptive and therefore can capture large volume real-time data which are further processed and analyzed using sophisticated machine learning algorithms. Large organizations have connected sensors to major processes in their plants and factories that can detect, report, and analyze data to achieve higher levels of process efficiency.
The latest study on the Smart Building Sensors industry for the forecast period 20## to 20## blends in the best of both qualitative and quantitative research to assess the major driving forces, restraining factors and opportunities shaping the development of the Smart Building Sensors industry worldwide. When studying the major drivers a conscious effort is made to assess the rise in the product demand, changes in regulatory policies and fluctuating prices of the raw material. Importantly, the study quantifies the industry share occupied by the prominent vendors and offers an extensive view of the growing investment pocket in the Smart Building Sensors industry worldwide. Detailed evaluation of various aspects with respect to the geography for the estimated period forms an important part of the research.
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Competitive Outlook: The leading companies operating in the Smart Building Sensors market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Smart Building Sensors Market and Profiled in the Report are:
Cisco Systems, Inc., Honeywell International Inc., Johnson Controls International PLC., Schneider Electric Industries SAS, Intel Corporation, Spacewell International, Huawei Technologies Co. Ltd, Siemens AG, ABB Ltd., and Verdigris Technologies, Inc
Objectives of the Report:
Study of the global Smart Building Sensors market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Smart Building Sensors market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Smart Building Sensors market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Smart Building Sensors market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Component Outlook (Revenue, USD Billion; 2018–2028)
- Solutions
- Infrastructure Management
- Parking Management System
- Plumbing and Water Management System
- Elevators and Escalator System
- Security and Emergency Management
- Access Control System
- Intelligent Security System
- Video Surveillance System
- Safety System
- Energy Management
- HVAC Control System
- Lighting Control System
- Infrastructure Management
- Services
- System Integration and deployment
- Support and Maintenance
- Consulting
- Solutions
-
Type Outlook (Revenue, USD Billion; 2018–2028)
- Temperature Sensors
- Humidity Sensors
- Motion/Occupancy Sensors
- Contact Sensors
- Gas/Air Quality Sensors
- Electrical Current Monitoring Sensors
-
Application Outlook (Revenue, USD Billion; 2018–2028)
- Residential
- Commercial
- Industrial
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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