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The UK facility management (FM) industry is experiencing major changes driven by geopolitical disruptions, transformative megatrends, and internal challenges. Over the past decade, events such as Brexit, COVID-19, and global conflicts have created economic uncertainty, cost pressures, and supply chain issues. These factors have led organizations to...

Rapid urbanization is increasing demand for low voltage switchgear (LVSG) solutions, especially in high-growth markets such as the Asia-Pacific and the Middle East and Africa. The growth of cities and the rise in investment in smart grids and electrification are contributing to the demand for advanced LVSG solutions that are energy efficient, modul...

The global smart homes market is projected to reach $405.94 billion by 2030 at a compound annual growth rate of 9.3% from 2024, fueled by demand for convenience, energy efficiency, security, and comfort, alongside rising disposable incomes, urbanization, and the proliferation of IoT-enabled devices. Falling prices and simplified DIY installation ar...

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...

19 Aug 2025  |  Global  |  Market Research

Building Construction Market, Global, 2025–2030

Building Construction is Experiencing Transformational Growth Due to Sustainability Practices and Digital Solutions Amidst Geopolitical Tensions

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The global building construction market is undergoing a significant transformation, with a shift in focus to sustainability and green building practices that prioritize eco-friendly approaches and energy efficiency throughout the value chain. Several new and advanced buildings now incorporate renewable energy and adopt sustainable strategies, such ...

Germany is the second-largest facility management (FM) market in Europe (after the United Kingdom) and has been one of the fastest-growing markets. Although its revenue growth has stuttered recently, it will present strong opportunities for incumbent suppliers and attract new entrants from outside the country. Single-service delivery models dominat...

Global emergency lighting is estimated to have grown at a rate of 5.5% in 2024. Market revenue is forecast to reach $7.42 billion by 2030, at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2030.The global emergency lighting market benefits from rising investments in the construction sector, with growth projected at 4.4% annually through ...

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 ...

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...