Smart Construction Market
Global Smart Construction Market Research Report and Analysis Data by Forecast 2024-2032
Smart Construction Market Size, Industry Analysis By Type (On-site Visualization, Fleet Tracking, Construction Simulation, Intelligent Control), By Application(Construction, Transportation, Mining, Others) – Global, Trends, Share And Forecast 2023-2030

Smart Construction Market Size, Industry Analysis By Type (On-site Visualization, Fleet Tracking, Construction Simulation, Intelligent Control), By Application(Construction, Transportation, Mining, Others) – Global, Trends, Share And Forecast 2023-2030

Pages: Smart Construction Market Technology & Media Product Code: IDE670 4.5 (99)
All updated as on - The global smart Construction market size stood at USD 72.6 billion in 2023 and is projected to grow at a CAGR of 10.9% to reach over USD 121.6 billion by the end of 2030. Various factors such as increased demand for energy-efficient systems due to increasing energy consumption and costs, advancement in IoT and PoE solution, the increasing net zero, and regulatory changes are expected to drive the adoption of Smart Construction solutions and services.

Smart building involves the installing and utilising cutting-edge, integrated building technology systems. Further, these systems include facility management, telecommunications, user systems, and building automation. Additionally, a smart building uses technology to improve the efficiency, effectiveness, and safety of the structure. For instance, the Energy Services Company (ESCO) model, which offers creative financial plans together with a comprehensive range of energy saving measures, is one of the important trends of the smart building industry in the financing area. Additionally, the growing trend toward smart cities is crucial in expanding the market for smart Construction. Governments across the world invest in smart city projects with advanced infrastructure, cleaner transportation, intelligent Construction, and other smart technology considering the urbanization trend. As building contributes to the major energy consumption and investment, developing connected building is an initial step toward smart city projects.

The reopening of commercial Construction post-pandemic for in-office work is expected to boost the demand for smart technologies for a safe environment. The commercial building facility managers and the corporate tenants need to offer a safe office environment post lockdown. Thus, they are expected to utilize smart technologies in managing regular cleaning and sanitization, proper office ventilation, smart entry control, temperature measuring devices, and space optimization for physical distancing. This factor is expected to fuel the demand for Smart Construction. Smart Construction market solution providers offer various services. Smart Construction solutions are segmented into consulting, implementation, support, and maintenance. The growing demand for Smart Construction to improve facility performance and management propels the market's growth for the services segment.

Smart Construction Market Research

Report Coverage

Global Smart Construction research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Smart Construction report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Smart Construction competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Smart Construction market players and analyses their core competencies in each global market sub-segments.

REPORT ATTRIBUTESDETAILS
Study Period

2017-2030

Base Year

2020

Forecast Period

2022-2030

Historical Period

2017-2019

Unit

Value (USD Billion)

Key Companies Profiled

Cisco (US), IBM (US), Honeywell (US), Siemens (Germany), Johnson Controls (Ireland), Huawei (China), Intel (US), PTC (US), ABB (Switzerland), Hitachi (Japan), Schneider Electric (France), Telit (UK), Legrand (France), Bosch (Germany), KMC Controls (US), Verdigris Technologies (US), Aquicore (US), 75F (US), BuildingIQ (US), ENTOUCH (US), Gaia (India), Softdel System (US), Mode: Green (New Jersey), CopperTree Analytics (Canada), Spaceti (Netherlands), Igor (US), eFACiLiTY (India), and Spacewell (Belgium).

Segments Covered

• By Product
• By Application
• By Geography

Customization Scope

Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope



Key Points Covered in the Report

  • Market Revenue of Smart Construction Market from 2021 to 2030.

  • Market Forecast for Smart Construction Market from 2021 to 2030.

  • Regional Market Share and Revenue from 2021 to 2030.

  • Country Market share within region from 2021 to 2030.

  • Key Type and Application Revenue and forecast.

  • Company Market Share Analysis, Smart Construction competitive scenario, ranking, and detailed company
    profiles.

  • Market driver, restraints, and detailed COVID-19 impact on Smart Construction
    Market


Competitive Environment:

The research provides an accurate study of the major organisations and companies operating in the global Smart Construction market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Smart Construction market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.

List of Major Market Participants

Cisco (US), IBM (US), Honeywell (US), Siemens (Germany), Johnson Controls (Ireland), Huawei (China), Intel (US), PTC (US), ABB (Switzerland), Hitachi (Japan), Schneider Electric (France), Telit (UK), Legrand (France), Bosch (Germany), KMC Controls (US), Verdigris Technologies (US), Aquicore (US), 75F (US), BuildingIQ (US), ENTOUCH (US), Gaia (India), Softdel System (US), Mode: Green (New Jersey), CopperTree Analytics (Canada), Spaceti (Netherlands), Igor (US), eFACiLiTY (India), and Spacewell (Belgium).

Primary Target Market

  • Market Players of Smart Construction

  • Investors

  • End-users

  • Government Authorities

  • Consulting And Research Firm

  • Venture capitalists

  • Third-party knowledge providers

  • Value-Added Resellers (VARs)


Market Segment:

This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Smart Construction market based on the below-mentioned segments:

Global Smart Construction Market, By Type

  • On-site Visualization

  • Fleet Tracking

  • Construction Simulation

  • Intelligent Control

  • Other


Global Smart Construction market, By Application

  • Construction

  • Transportation

  • Mining


Global Smart Construction market, Regional Analysis


  • Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe

  • The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific

  • South America: Brazil, Argentina, Rest of South America

  • Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa

CBR-670
About This Research

You will get in-depth and extensive smart construction market market research and competitor analysis for your business to help you develop more profound insights into the smart construction market Market.

Through INFINITIVE Data Expert is a professional Market Research services, I will identify the smart construction market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.

smart construction market
CBR-670

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