Building Analytics Comprehensive Study by Type (By Service Type, Software Services, Managed Services, Professional Services, Consulting Services, Support and Maintenance, Others, By Deployment Mode, On-premises, Cloud, Others, By Building Type, Manufacturing Facilities, Residential Buildings, Commercial Buildings, Public Places, Government Buildings, Others), Application (Fault Detection and Monitoring, Energy Management, Security Management, Emergency Management, Parking Management, Operations Management, Elevators and Escalators Management, Network Management, Others) Players and Region - Global Market Outlook to 2023
Edison, NJ -- (SBWIRE) -- 03/04/2019 -- Building analytics market is expected to grow owing to increasing demand for energy efficient buildings in order to cut greenhouse gas emission. In addition Rapid development and industrialization in emerging economies and rising demand of Cloud-Based IoT Platforms. Building analytics software is used to generate significant insights linked to energy consumption across the whole building infrastructure and efficiently monitor the ventilation, heating, air conditioning and other systems of the building.
This market research report looks into and analyzes the Global Building Analytics Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.
Global Building Analytics Market to grow at a CAGR of +13% during the period 2019-2024
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Major Key Players in This Report Include, Honeywell (United States),IBM (United States),Johnson Controls International plc (Ireland),General Electric (United States),Siemens (United States),ENGIE Insight Services (United States),Acuity Brands, Inc. (United States),EnerNOC Inc. (United States),Building IQ (United States),ICONICS Inc. (United States),Senseware Inc. (United States),KGS Buildings, LLC (United States),Lutron Electronics Co (United States),Copper Tree Analytics (Canada),EcoVox (United States),Grid Point Inc. (United States)
Major Market Developments
In February 2018, Honeywell launched CCS Command and Control Suite release 200 (CCS R200) to help building management personnel in improving the operational activities through CCS R200's data analytics feature.
In April 2018, BuildingIQ partnered with Cypress Envirosystems to enable digital twinning of older buildings for reduced energy consumption and AI driven efficiency.
In April 2016, Delta Control acquired by Delta Electronics, a provider of power supply solutions and a wholly owned subsidiary of Delta Electronics.
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The building analytics market can be broken down by component, organization size, application, end user, and region. Depending on the component, the market can be classified as software and services. This software segment can be divided into on premises and cloud based. The service sector can be divided into management and professional services. In terms of organization size, the building analysis market is divided into SMEs and large corporations.
Based on region, the building analytics market can be classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is estimated to hold a significant share of the market due to strong adoption and penetration of building analytics technology in construction and designing as well as the presence of prominent building analytics vendors across the region. Europe and Asia Pacific are emerging regions of the building analytics solutions market
In the last sections of the report, the manufacturers responsible for increasing the sales in the Building Analytics Market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report.
Table of Content
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Rapid development and industrialization
3.2.2. Increasing Inclination towards Reducing Energy Cost and Consumption
3.3. Market Challenges
3.3.1. Lack of Awareness
3.4. Market Trends
3.4.1. Increasing Demand for Energy Effective Systems
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
5. Global Building Analytics, by Type, Application and Region (value) (2012-2017)
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