About Autonomous Buildings
An Autonomous Building is a building designed to be operated independently from infrastructural support services such as the electric power grid, gas grid, municipal water systems, sewage treatment systems, storm drains, communication services, and in some cases, public roads. Advocates of autonomous building describe advantages include reduced environmental impacts, increased security, and lower costs of ownership. Some cited advantages satisfy tenets of green building. Off-grid buildings often rely very little on civil services and are therefore safer and more comfortable during civil disaster or military attacks.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Autonomous Buildings market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cisco (United States), Siemens (Germany), Schneider Electric (France), Legrand (France), Nemetschek (Germany), IBM (United States), Leica Geosystems (Switzerland), HUAWEI (China), Ericsson (Sweden) and ABB Group (Switzerland) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Delta Controls (Canada), Johnson Controls (United States), Honeywell International Inc. (United States), United Technologies Corporation (United States) and BuildingIQ (United States).
Segmentation Overview
AMA Research has segmented the market of Global Autonomous Buildings market by Type (Semi-Autonomous Buildings and Fully Autonomous Buildings), Application (Commercial, Residential and Industrial) and Region.
On the basis of geography, the market of Autonomous Buildings has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2024. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Services, the sub-segment i.e. Professional Services will boost the Autonomous Buildings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Software, the sub-segment i.e. Intelligent Security System will boost the Autonomous Buildings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Autonomous Buildings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Implementation of IoT Platform within the Building Automation Technology and Increasing Importance of Home Monitoring in Remote Locations
Market Growth Drivers:
Rising Need for Energy-Saving and Low Carbon Emission-Oriented Solutions and Growing Need for Integrated Security and Safety Systems
Challenges:
Linking Disparate Systems, Limited Functionality, and Lack of Open Standards
Restraints:
Issues Related to Breach in Security and Privacy and High Cost of Switching for Existing Smart Device Consumers
Opportunities:
Favorable Government Regulations to Promote Green Buildings and Expected Incorporation of Lighting Controllers with In-Built Data-Connectivity Technology
Market Leaders and their expansionary development strategies
On 3rd February 2019, The Nemetschek Group has unveiled the creation of a new brand name and logo for its building operations & management segment. The Group’s solution offering for the building management segment now goes under the name of Spacewell.
On 8th September 2018, Legrand, a global specialist in electrical and network infrastructure solutions, has introduced the latest in smart lighting from the radiant® Collection. Demonstrating Legrand’s continued commitment to improving the ways in which consumers control light and power throughout the home, Smart Lighting from the radiant collection offers switches and outlets that combine clean design with advanced functionality. In partnership with Samsung, Legrand’s Smart Lighting leverages Samsung’s ARTIK™ cloud services to allow simple connection with existing smart home solutions.
Key Target Audience
Government Research Organization, Private Research Organization, Government Regulatory Bodies, Industry Association, Downstream Vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.