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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...

17 Dec 2024  |  Global  |  Market Research

Aquaculture and Horticulture Lighting Market, Global, 2024–2030

Technology Advancements and Sustainable Practices are Driving Transformational Growth in Aquaculture and Horticulture Lighting Solutions

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Climate change has resulted in unpredictable weather, floods, drought, and heatwaves that have severely affected the agriculture sector globally. In addition, geopolitical tensions resulting in trade restrictions and price volatility have affected the export of food products, leading to reduced business for producers. This has pushed the rapid deve...

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...

he Vietnamese facilities management (FM) market is expected to record a growth rate of 5.5% in 2019. By 2023, the total market is expected to record a compound annual growth rate (CAGR) of 6.0%, reaching $470.8 million. Rapid growth in Vietnam’s economy is driving building construction in various sectors, such as healthcare, financial, industrial, ...

The building management system (BMS) market in the Gulf Cooperative Council (GCC) is witnessing the emergence of innovative technologies such as building information modeling (BIM) and 3D printing. These technologies are causing significant disruptions, influencing how buildings are managed and shifting roles away from traditional skills towards te...

Digital technologies have become inevitable in most industries, including fire safety equipment. Fire detection and suppression equipment are increasingly IoT-enabled and integrated with smart building systems using tools such as AI, machine learning (ML), and analytics. This necessitates the convergence and collaboration of fire safety with digita...

The facilities management (FM) landscape in Malaysia is developing, yet highly competitive. High outsourcing rates and maturing end-user sectors continue to position Malaysia as an attractive market for service providers. The domestic market is led by several established service providers, with minimal change in market share from 2016 to 2017. Desp...

The refrigeration equipment market is in a new era, fueled by disruptive technologies, transformative megatrends, and competitive intensity. With the increasing cost of energy and the stricter environmental regulations, the Internet of Things (IoT), artificial intelligence (AI), and cloud computing are making refrigeration systems smarter and more ...

The top 5 growth opportunities for digital construction management in 2025 revolve around technological innovation, workforce optimization, and sustainability. AI-powered innovations offer transformative potential by enhancing design accuracy and improving project management efficiency through automation and predictive analytics. These advancement...