DUBLIN, February 5, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/clwwqf/smart_building) has announced the addition of the "Smart Building Market - Forecasts to 2018" report to their offering. 

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Building technology has significantly changed with time and the disciplines such as building automation, physical security, and energy management are widely being adopted. Information and Communication Technology (ICT) can be implemented to improve the building quality in terms of safety, security, efficiency, and management. With the integration of building components, their communication, and management system implemented, smart buildings help in reducing the operating costs, energy consumption, and carbon emission from the buildings. Thus, it helps in enhancing the overall building maintenance and experience.

Major companies such as Siemens, IBM, Schneider Electric, Cisco, and Accenture provide solutions to build, operate, monitor, and control for reducing energy consumptions and provide real-time system monitoring with facilities and event management to optimize the facilities operations and reduce energy expense. Going by the current industry trends, smart buildings market is expected to grow rapidly in the coming years. The report provides an insight into the key market players, challenges, drivers, and future scope in the market. The report also focuses on global adoption trends and future growth potential across different regions in the market.

Building systems include number of separate systems which are automated individually. To optimize the whole building systems and take most advantage from real-time systems, the need for a single platform to manage all systems and applications arises. Smart building concept refers to the integration of all these systems and provides management through one system. Smart building technologies improve the life span of a building by identifying problems as and when they occur, thereby taking required corrective measures. Smart buildings are designed for efficiency of all components of the building such as lighting, monitoring, safety and security, emergency systems, heating, ventilation and air conditioning systems, car parking management and several other aspects.

The main forces driving the market are the ability of smart buildings to reduce CO2 emissions, reduce maintenance and operating costs and enhance the life of the building as well as improving the safety and security of its occupants. The increasing concern of global warming and equally increasing consumption of energy by buildings are the major factors due to which smart buildings are gaining traction worldwide. A smart building also improves the Return on Investment (ROI) for the developers as well as its occupants and enhances their safety and security. 

Key Topics Covered: 

Table Of Contents

1 Introduction

2 Executive Summary

3 Smart Building: Market Ecosystem And Dynamics

4 Smart Building: Market Size And Forecast By Types

5 Smart Building: Market Size And Forecast By Applications

6 Smart Building: Market Size And Forecast By Regions

7 Smart Building: Market Analysis, Trends And Insights

8 Company Profiles


Companies Mentioned:

• Abb
• Accenture
• Cisco
• Delta Controls
• Emerson Electric
• General Electric
• Hewlett-Packard
• Hitachi
• Honeywell
• Ibm
• Ingersoll Rand Security Technologies
• Johnson Controls
• Scheidner Electric
• Siemens
• Tyco International

For more information visit http://www.researchandmarkets.com/research/clwwqf/smart_building

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets