Search results for: 'mega industry'

15 Jan 2025  |  Global  |  Market Outlook

Top 10 Growth Opportunities in Building Construction, 2025

Industry-specific Facilities and Smart Cities to Steer Transformative Growth of Building Construction

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Building construction will continue to undergo rapid change and advancement, thanks to the ever-increasing awareness and adoption of digital technologies. For instance, artificial intelligence (AI) and machine learning (ML) are commonly applied in project management, resource planning, and maintenance of building construction equipment. 2025 will b...

The North American FM market has the highest maturity compared to other regions. The United States is the world’s biggest FM market in outsourced FM revenues. Mature end users and participants and attractive opportunities from sizable end-user sectors (e.g., commercial, public) have contributed to the outsourcing culture and the substantial market....

The Indian fire and safety market is largely driven by the construction boom and the Government's stringent enforcement of safety and security in modern buildings has also hugely contributed to the growth of this market. The key challenges being faced by market participants are high initial cost, lack of adequate awareness, lack of willingness to s...

Emerging participants that are both nimble and innovative will increasingly drive the pace of technology change in the BEM industry. Their partnerships with utilities, FM companies, and EM consultancies will aid expansion across geographies. Demand response and supply chain management solutions along with BEM solutions on the cloud will enable dyna...

The COVID-19 pandemic has accelerated the need to automate buildings. There is an increasing need to manage buildings remotely, which demands the convergence of advanced analytics, artificial intelligence (AI), and emerging technologies with building automation systems (BAS). Currently, 90% of the BMS market in Vietnam is in the early stages of dig...

The global HVAC equipment market is experiencing strong growth, driven by rapid urbanization, infrastructure development, rising temperatures due to climate change, and an increasing emphasis on energy efficiency and indoor air quality amid growing health concerns related to pollution. Valued at $255.40 billion in 2025, the market is projected to r...

04 Jan 2022  |  Asia Pacific  |  Market Research

Singapore Flexible Workspace Growth Opportunities

Collaboration and Industry Convergence to Boost Uptake of Flexible Workspaces

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Flexible workspaces are business workspaces leased by organizations or individuals for periods of time shorter than traditional office leases. Opportunities for flexible workspace in Singapore focus on property services, and ICT solutions and services. Ease of doing business attracts large corporations and multinational companies to Singapore; this...

The North American HVAC equipment market is experiencing sustained growth, driven by the electrification trend, refrigerant transition, and tightening energy efficiency requirements. With a market value of $60.02 billion in 2025, HVAC equipment revenue is forecast to reach $90.14 billion by 2031, reflecting a 7.0% CAGR amid intensifying regulatory ...

The Singaporean FM market is well developed with a comprehensive regulatory framework in place to drive the market. The strong outsourcing culture across the country, together with a conducive business environment, encourages both local and foreign service providers to establish their footprint in the country. The mature FM market in Singapore expe...