France Smart Building Market was valued at US$ 190.40 Mn in 2020, estimated to reach US$ 340.45 Mn in 2027, with a CAGR of 6.41% from 2021-2027.
Smart buildings are Digital technology-enabled, people-centric, and sustainable solutions form the backbone of next generation of buildings. The scope of the France Smart Building Market covers segmentation on the basis of automation and application segments. The market of Intelligent Security System is projected to dominate the France Smart Building Market by automation type owing to adoption of IoT-enabled building management system.
Market Drivers
Internet of Things (IoT) has a significant impact on the Commercial Real Estate industry due to the growth in the efficiency of building operations, improved tenant relationships & new revenue generation opportunities.
IoT-enabled building management system is installed & used for increasing building performance efficiency and using sensor-generated data to enhance building user experience.
Furthermore, the increase in demand for system integration, need to improve energy efficiency, for improving productivity of an organization, to ensure support for maintenance is expected to boost the growth of smart buildings market over the forecast period.
Market Restraints
There is a requirement of cooperation amongst the standard bodies, governments on both the state & central level, corporations, and company stakeholders amongst others. This cooperation in the building of smart cities is important in bringing out the maximum potential of these technologies.
Furthermore, the various layers of building management like property & tenant management and facility management, have their own requirements & operating systems, which are not necessarily designed for integration with other systems, making it difficult for obtaining information from the building systems.
Market Segmentation
France Smart Building Market is segmented into automation such as Intelligent Security System (Video Surveillance System, Access Control System, Emergency Management System), Building Energy Management System (Energy Management System, HVAC Control System, Lighting Control System), Infrastructure Management System (Elevators and Escalators Management System, Smart Water Management System, Parking Management System, Network Management System).
By application market is segmented into Commercial (Hotel, Healthcare, Retail), Industrial, Government & Public Infrastructure, Residential.
By Application segment the commercial segment is expected to dominate the market. The growth of this segment can be accredited to requirement for suitable and customized solutions for optimized energy performance to reduce building energy consumption without conceding comfort or security and enhancing energy performance of the commercial buildings as these buildings consume higher energy and also generate more waste in the form of carbon and other solid wastes.
Key Players
Novoferm France, Bosch France, GEZE France S.A.R.L., Johnson Controls France, Hörmann France, Schneider Electric, ABB, Honeywell Process Solutions, Schüco International KG, Thales Group.
Market Taxonomy
By Automation
By Application
Key Questions Addressed by the Report
France Smart Building Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 France Smart Building Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 France Smart Building Market, By Automation
5.1 Y-o-Y Growth Comparison, By Automation
5.2 France Smart Building Market Share Analysis, By Automation
5.3 France Smart Building Market Size and Forecast, By Automation
5.3.1 Intelligent Security System
5.3.2. Building Energy Management System
5.3.3. Infrastructure Management System
6 France Smart Building Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 France Smart Building Market Share Analysis, By Application
6.3 France Smart Building Market Size and Forecast, By Application
6.3.1 Commercial
6.3.2. Industrial
6.3.3. Government & Public Infrastructure
6.3.4. Residential
7 France Smart Building Market Analysis and Forecast (2021-2027)
7.1 Introduction
7.2 France Smart Building Market Share Analysis, By Product
7.3 France Smart Building Market Size and Forecast, By Application
8 Competitive Analysis
8.1 Competition Dashboard
8.2 Market share Analysis of Top Vendors
8.3 Key Development Strategies
9 Company Profiles
9.1 Novoferm France
9.1.1 Overview
9.1.2 Offerings
9.1.3 Key Financials
9.1.4 Business Segment & Geographic Overview
9.1.5 Key Market Developments
9.1.6 Key Strategies
9.2. Bosch France
9.2.1 Overview
9.2.2 Offerings
9.2.3 Key Financials
9.2.4 Business Segment & Geographic Overview
9.2.5 Key Market Developments
9.2.6 Key Strategies
9.3. GEZE France S.A.R.L.
9.3.1 Overview
9.3.2 Offerings
9.3.3 Key Financials
9.3.4 Business Segment & Geographic Overview
9.3.5 Key Market Developments
9.3.6 Key Strategies
9.4 Johnson Controls France
9.4.1 Overview
9.4.2 Offerings
9.4.3 Key Financials
9.4.4 Business Segment & Geographic Overview
9.4.5 Key Market Developments
9.4.6 Key Strategies
9.5 Hörmann France
9.5.1 Overview
9.5.2 Offerings
9.5.3 Key Financials
9.5.4 Business Segment & Geographic Overview
9.5.5 Key Market Developments
9.5.6 Key Strategies
9.6 Schneider Electric
9.6.1 Overview
9.6.2 Offerings
9.6.3 Key Financials
9.6.4 Business Segment & Geographic Overview
9.6.5 Key Market Developments
9.6.6 Key Strategies
9.7 ABB
9.7.1 Overview
9.7.2 Offerings
9.7.3 Key Financials
9.7.4 Business Segment & Geographic Overview
9.7.5 Key Market Developments
9.7.6 Key Strategies
9.8 Honeywell Process Solutions
9.8.1 Overview
9.8.2 Offerings
9.8.3 Key Financials
9.8.4 Business Segment & Geographic Overview
9.8.5 Key Market Developments
9.8.6 Key Strategies
9.9 Schüco International KG
9.9.1 Overview
9.9.2 Offerings
9.9.3 Key Financials
9.9.4 Business Segment & Geographic Overview
9.9.5 Key Market Developments
9.9.6 Key Strategies
9.10 Thales Group
9.10.1 Overview
9.10.2 Offerings
9.10.3 Key Financials
9.10.4 Business Segment & Geographic Overview
9.10.5 Key Market Developments
9.10.6 Key Strategies
