Search results for: 'low case energy'

The Indian lighting market is expanding, driven by urbanization, infrastructure development, and rising demand for energy-efficient lighting solutions. Valued at $3,836.3 million in 2025, the market is forecast to reach $5,126 million by 2031, at a CAGR of 4.9%.Key drivers include government programs such as the Smart Cities Mission, UJALA, Street ...

13 May 2015  |  Europe  |  Market Research

The European Building Automation Market

European Buildings' Directive Towards Near Zero Energy Buildings Sets the Pace of Market Adoption

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While the building automation (BA) market in Europe has been mature, it is starting to see a revived growth. This growth is mainly being driven by a strong focus on energy efficiency and by an overall performance of buildings. However, the building automation market is also going through a renaissance because of a wave of new technology developmen...

13 Sep 2019  |  Asia Pacific  |  Market Research

Air Conditioner Market in ASEAN-6, Forecast to 2023

Increasing Urbanization and Rising Demand for Energy-Efficient Air Conditioners Driving Market Growth

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The air conditioner market in ASEAN-6 countries (comprising Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) is currently in the growth stage and is expected to expand at a strong CAGR of 7.0% between 2018 and 2023. Increased urbanization and rising awareness about energy-efficient air conditioners is increasing the demand. P...

23 Feb 2017  |  South Asia, Middle East & North Africa  |  Market Research

Analysis of the LED Lighting Market in the GCC, Forecast to 2020

Energy Efficiency, Downtrend in LED Lighting Prices, and Increased Acceptability are Driving the Market

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The LED lighting market in the GCC is a high-growth market, which is driven primarily by increased functionality, energy efficiency targets, and increasing awareness among customers. Currently, LED lighting accounts for only 37.6% of the total lighting market in the GCC region; however, it is expected to be a high-demand lighting technology across ...

22 Jan 2016  |  Europe  |  Market Research

New Growth Opportunities in European HEMS and BEMS Market, 2016

Consumer Concerns Over Energy Consumption, Adoption of ICT Solutions and Compliance With EU Directives to Drive Double-digit Growth

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The Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) market in Europe is poised for a period of strong growth. Demand will be spurred by the trend of customers taking increasing control over their energy consumption patterns to reduce costs, increase energy efficiency, and reduce the environmental impact. The mark...

25 Oct 2019  |  Europe  |  Market Research

European Building Automation Systems (BAS) Market, Forecast to 2025

Energy-efficiency Plans at the National and European Levels, Converging Technologies, and Need for Renovation of Ageing Building Stock will Enable Stronger Market Uptake

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The European building automation systems (BAS) market is poised to grow at a moderate CAGR of 2.6% from 2018 to 2025. The key factors for growth are energy-efficiency requisites aiding BAS adoption and European and national regulatory plans led by Energy Performance of Buildings Directive (EPBD) and Energy Efficiency Directive (EED) to boost the en...

The COVID-19 pandemic impact on the North American HVAC market was relatively muted than expected. While the market was forecast to slump by 6% in 2020, the post-Q2 2020 rebound helped HVAC manufacturers get their business back on track. Amid the government change in the United States and the adoption of favorable climate change regulations and pro...

30 Jun 2020  |  North America  |  Market Research

Global Building Automation Systems (BAS) Market, Forecast to 2026

Smart and Cognitive Building Solutions to Embrace IoT Integration, Propelled the Transformation from Traditional to Advanced Systems, Unleashing Higher Productivity and Actionable Insights, Increasing Energy Efficiency, and Enabling New Business Models

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The world building automation systems (BAS) market is poised to grow at a moderate CAGR of 3.4% for the period 2019–2026. The key factors for growth are energy efficiency requisites, energy conservation and favourable government initiatives, rising energy prices, and strict building codes, aiding BAS systems adoption. Regulatory drivers will have a...

The building construction industry in Southeast Asia is witnessing significant growth owing to fast-growing economies such as Indonesia, the Philippines, and Vietnam. More cities are increasingly developing with a smart city vision in mind. As a result, there will be growth in the demand for smart buildings. With several smart cities being develope...