Enterprise Building Solutions Market Analysis, Demand Growth 2026
Enterprise building solutions includes building automation and control systems which are centralized and interconnected networks of software and hardware that are used for monitoring and controlling the environment in industrial, commercial, and residential facilities. Such systems specifically control elevators, lighting, HVAC (Heating, Ventilation and Air Conditioning), and entertainment systems. These systems also ensure comfort and safety of the occupants and at the same time enhance the operational performance of the facilities.
One of the major benefits of implementing enterprise building solutions are that building operations are simplified. For instance, if there is any fault with equipment in the building, with the help of graphical displays, one can determine the nature of fault. Moreover, Enterprise Building solutions provide innovative unified platforms with built in class structured cabling to cater the in house wireless solution and manage the network traffic.
The global enterprise building solutions market is segmented by building type into existing building and new building. On the basis of building size, the enterprise building solutions market is segmented into large and medium buildings, and small buildings. The end-user applications of the global enterprise building solutions market are residential, industrial, institutional, commercial and others. Commercial applications include offices, lodgings, retail, and healthcare among others. Educational, government, amusement, religious, and public recreation buildings are included under institutional applications. Industrial applications include manufacturing plants and non-manufacturing warehouses. Residential and commercial applications majorly contribute to the enterprise building solutions market.
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Companies are strengthening their position through merger & acquisition and continuously investing in research and development (R&D) activities to come up with solutions to cater to the customer’s changing requirements. Furthermore, solution providers are planning to invest in advanced technologies such as artificial intelligence with a target to provide cost competitive products in the market in the years to come.
Major vendors that offer enterprise building solutions across the globe include AT &T Inc., Anixter Inc., CommScope Inc., Ericsson, TE Connectivity Ltd., Alcatel-Lucent, Cobham PLC, Corning Incorporated, Smiths Group PLC, Verizon Communications Inc., Honeywell International Inc., Cisco Systems Inc., Acuity Brands Inc., Robert Bosch GmbH, Whiting-Turner Contracting Company, Gilbane Inc., Hensel Phelps Construction Company, Turner Construction Company, Clark Group, Forbo International SA, CertainTeed Corporation, Binderholz GmBH, and Alumasc Group PLC among others.
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