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Increasing penetration of environment-friendly fire suppression agents and advanced fire detection technologies is playing a critical role in shaping market dynamics. Stricter enforcement of building and fire safety codes will improve not only the awareness but also the penetration of advanced fire safety equipment. This study discusses the market ...

Soaring investments flowing through hospitality, retail, commerical and healthcare sectors construction activities in India are opening up opportunities for smart entrance doors. Growing awareness about energy efficiency and environmental impact on using automatic doors have resulted in wide acceptance in residential sectors as well as educational...

The Indian HVAC equipment market is expanding rapidly, fueled by urbanization, infrastructure development, rising temperatures due to climate change, and increasing emphasis on energy efficiency and indoor air quality amid growing health concerns from pollution. Valued at $11.36 billion in 2024, the market is forecast to grow to $22.7 billion by 20...

Education environments are evolving rapidly as institutions embrace digital transformation, sustainability goals, and flexible learning spaces. The future of building technologies in this sector is shaped by trends such as smart campus integration, energy-efficient systems, and enhanced occupant experience through connected solutions. These advance...

09 Nov 2021  |  North America  |  Market Research

Global Smart Lighting Growth Opportunities

Innovative Business Models of Connected Lighting Solutions with Open, Interoperable Systems to Drive Future Growth

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Buildings are shifting from conventional lighting to advanced smart lighting solutions that can help them realize energy efficiency targets, apart from improving occupant experience and comfort within their premises. Lighting companies that hit a plateau with their revenue growth are also focusing on offering digital lighting solutions, such as rem...

The global building construction market is expected to grow steadily from $8.89 trillion in 2025 to $10.56 trillion by 2031, at a 2.9% CAGR, supported by urbanization, housing demand, industrial expansion, and investment in data centers, healthcare facilities, logistics hubs, and advanced manufacturing assets. While growth remains positive, the mar...

The global elevator market is generally deemed low risk and is steadily growing. The market is closely tied to the performance of the global real estate development market, as an elevator is a common and important component in a building. The market is expected to grow about 4% annually from 2018 to 2025, attributed to three factors: the demand for...

This Frost & Sullivan report analyzes the workplace management industry in Asia-Pacific, focusing on the trends and emerging business models that characterize this space. The evolving nature of work, influenced by new technologies and social shifts, has led to a significant transformation in work arrangements. Cloud-based systems and digital soluti...

This study provides an update to a similar study published in 2020. Since 2019, the cost of FM services in Singapore has increased. In 2021, FM vendors anticipate higher inflation rates for all services. Manpower cost is the main reason for price increase in FM services in 2020. For cleaning and security services, the increase in manpower costs is...