Lewes, DE -- (SBWIRE) -- 09/09/2017 -- A smart building is a structure that uses automated process to control the building required operations including heating, ventilation, air conditioning and other systems. There are older structures which are being converted to smart buildings and the technology is constantly changing. Primarily smart buildings make occupants more productive with lighting, thermal comfort, air quality and all at lower cost than buildings which are not connected. For instance we can mention is the optimal start/stop which allows the building to provide automated air conditioning to the required zone when needed.

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The global smart building market is constantly mounting with the rise of demand of people. The rising awareness of energy consumption and sky high electricity bills have influenced many owners to adopt this smart building technology which will help them to control electricity automatically. Smart building creates constant interaction of communication control, video surveillances, energy controllers and interior sensors through the cloud which help in keeping energy control and which also keeps the workplace connected.

The smart building provides an alert when there is any problem in the building as a result the consumer can easily detect the problems inside the building and can do the required improvements. Based on building systems smart building can be segmented into plumbing management, water management, parking management, elevator management and so on. As smart building provides complete security the adopting of this building technology is increasing in both residential and commercial buildings. Application wise the smart building is further segmented into residential, commercial, hospital, airport and many other.

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Software Information System
Building Management System
Engineering of Electronic Equipment Plant
Installation & Service

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Smart Building for each application, including

Commercial Buildings
Residential Buildings
Government Buildings