Building Analytics Industry 2018-2023 Growth, Trends and Demands Research Report
The global building analytics market size is expected to grow from US$ 5.94 Billion in 2018 to US$ 11.10 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period. Major growth factors for the market include an increased demand for energy-efficient systems and a growing focus on decreasing operational cost.
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The building analytics market in Asia Pacific (APAC) is gaining momentum and is expected to record the highest growth rate during the forecast period. Vendors in APAC are investing in R&D activities in an effort to provide technologically advanced building analytics solutions. The rapid modernization and increase in construction activities in the APAC region have accelerated the growth of automatic centralized control of the HVAC systems installed in the buildings, ultimately leading to the growth of the building analytics market in APAC.
Top Key Players in the “Building Analytics Market” report include are
- Honeywell International Inc. (US)
- International Business Machines Corporation (IBM; US)
- Johnson Controls International Plc. (Ireland)
- Schneider Electric SE (France)
- General Electric Company (GE; US)
- Siemens AG (Germany)
- ENGIE Insight Services Inc. (France)
- Lucid (US)
- EnerNOC, Inc. (US)
- BuildingIQ (US)
- ICONICS, Inc. (US)
- Senseware (US)
- KGS Buildings, LLC (US)
- BuildingLogiX (US)
- Lutron Electronics Co., Inc. (US)
- CopperTree Analytics, Inc. (Canada)
- EcoVox, Inc. (US)
- GridPoint (US)
- Energy Advantage (US)
- Delta Electronics Industry Co., Ltd. (Taiwan)
- BuildPulse (US)
- Crestron Electronics, Inc. (US)
- PointGrab Inc. (Israel)
- Verdigris (US)
- NOVEDA Technologies, Inc. (US)
Study Objectives:
- To analyze the market’s subsegments with respect to individual growth trends, prospects, and contributions to the total market
- To define, describe, and forecast the building analytics industry based on applications, components, deployment modes, building types, and regions
- To forecast the revenue of the market segments with respect to 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
- To profile the key players and comprehensively analyze their recent developments and positioning in the building analytics market
- To analyze the competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities, in the market
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Reason to buy this report:
- This report segments the building analytics market comprehensively and provides the closest approximations of the revenue numbers for the overall market and sub segments across end users and regions.
- The report helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
- This report would help stakeholders better understand competitors and gain more insights to enhance their position in the market. The competitive landscape section includes new product launches/developments; partnerships and collaborations; mergers and acquisitions; and expansions.
Target Audience:
- Device manufacturers and suppliers
- Building automation component and equipment manufacturers and suppliers
- System integrators
- Managed service providers
- Installation, monitoring, and controlling companies
- Technology standard organizations, forums, alliances, and associations related to the building analytics market
- Government organizations
- Professional service providers
- User data analytics software provider
- Legal agencies
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