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In this study, Frost & Sullivan examines the market of low voltage switchgear (LVSG) components that include protection and switching devices such as air circuit breakers (ACB), molded case circuit breakers (MCCB), miniature circuit breakers (MCB), residual current circuit breakers (RCCB), contactors, and other surge protection and control devices ...

07 Jan 2025  |  Global  |  Market Outlook

Top 7 Growth Opportunities in Smart Homes, 2025

Intelligent HEMS and Integration with EVs are New Priorities in the Connected Living Ecosystem

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This study delves into the smart homes market with insightful analysis of near-future trends that will shape and drive its growth in 2025. Smart homes are gaining momentum, as interest in connected living has increased since the end of COVID-19 lockdowns due to rapid residential development and gradual digitalization adoption in home systems, such ...

The COVID-19 pandemic accelerated digitalization in buildings. Driven by increasing demand for energy-efficient and sustainable buildings, the global Internet of Things (IoT) and artificial intelligence (AI)-based building automation systems (BAS) market is rapidly growing and holds the key to optimizing building performance, reducing energy consum...

The lighting industry is evolving beyond traditional illumination solutions toward intelligent automation and real-time monitoring that adapts to occupancy patterns and environmental conditions. The growing emphasis on intelligence, connectivity, sustainability, and innovative service-based models presents ample growth opportunities for businesses,...

The battery recycling industry is an upcoming growth opportunity as it is undergoing rapid transformation driven by constant innovations that unlock significant economic value for recycled batteries. Novel processes have emerged to address challenges such as the extraction of critical materials, reducing environmental impact, and enhancing recyclin...

Flexible solar cells are rapidly reshaping the photovoltaic (PV) landscape, introducing a new class of lightweight, bendable, and substrate-agnostic energy‐harvesting technologies capable of powering applications that rigid crystalline silicon panels cannot reach. Enabled by breakthroughs in perovskite absorber chemistry, organic semiconductor engi...

With more customers preferring to stay home following the COVID-19 pandemic, they want to make their living spaces multifunctional and efficient. Homes will serve multiple purposes: work, entertainment, relaxation, shared living, and health and wellness. Home ecosystems and service-based models that assist people with everyday tasks will cause a so...

This edition of the Industrial Bioprocessing TOE features information on the deployment of high-temperature pyrolysis processes for the conversion of end-of-life tires (ELTs) into value added feedstock. The TOE covers innovations based on using automated vertical farms for growing various crops with high yields while ensuring high resource and cost...

The global HVAC controls market has witnessed significant growth in recent years, driven by various Mega Trends that have shaped its landscape, including increasingly stringent energy efficiency regulations, the adoption of intelligent and connected technologies, and a growing focus on sustainability and environmental conservation. As a result, the...