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In this research, the experts analyzed the different markets in which the industry acts, such as self-sufficient houses, home automation, dynamic architecture, recyclable homes and biomimicry, among others.
One of the important parameters in the market overview is that smart building technologies have made Europe concerned about energy efficiency, which is driven by the actions of governments and by the importance that compliance with the Kyoto protocol has generated on the continent. The need for interoperability and connectivity, as well as the need for advanced internet protocols, are among others the factors driving the adoption of smart technologies.
The report highlights that the challenge for this market is the lack of a law imposing the use of smart building technologies in Europe. Smart buildings are based on advanced technologies that are mostly new and not yet commercialized, however analysts also stress that the understanding of the benefits of smart buildings is growing and their future is promising.