Smart building sensors market size reached USD 6.82 Billion in 2020 and is expected to register a revenue CAGR of 21.3% during the forecast period, according to latest analysis by Emergen Research. Rising advancements in sensing technology is expected to support market revenue growth during 2021-2028. Moreover, increasing adoption of smart security solutions is expected to boost market growth. Sensors at present are very powerful and receptive and therefore can capture large volume real-time data which are further processed and analyzed using sophisticated machine learning algorithms. Large organizations have connected sensors to major processes in their plants and factories that can detect, report, and analyze data to achieve higher levels of process efficiency.
The latest report on the global Smart Building Sensors market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Smart Building Sensors market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Smart Building Sensors market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Component Outlook (Revenue, USD Billion; 2018–2028)
Solutions
Infrastructure Management
Parking Management System
Plumbing and Water Management System
Elevators and Escalator System
Security and Emergency Management
Access Control System
Intelligent Security System
Video Surveillance System
Safety System
Energy Management
HVAC Control System
Lighting Control System
Services
System Integration and deployment
Support and Maintenance
Consulting
Type Outlook (Revenue, USD Billion; 2018–2028)
Temperature Sensors
Humidity Sensors
Motion/Occupancy Sensors
Contact Sensors
Gas/Air Quality Sensors
Electrical Current Monitoring Sensors
Application Outlook (Revenue, USD Billion; 2018–2028)
Residential
Commercial
Industrial
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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