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20 Sep 2017  |  North America  |  Market Research
North American Lighting Equipment Market, Forecast to 2023
LED Technology and Connected Lighting will be the Primary Pillars of the Market by 2023
The North American lighting equipment market is currently in the growth stage and is expected to witness healthy growth between 2016 and 2023. High rate of growth in the LED technology landscape is also tempered by falling revenue in Non-LED applications and falling prices of LED products. Operational cost savings achieved through adoption of energ...
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18 Sep 2018  |  Global  |  Market Research
Global LED Lighting Market (2018 Update)
LaaS is Set to Alter the LED Lighting Business Model; Human-centric Lighting Applications Will Drive the LED Market by 2024
The global LED lighting market is highly competitive and is driven by the demand for energy-efficient lighting, advanced lighting control, reduced prices and increasing awareness on the potential health benefits to human beings. LED manufacturers are adopting new business models to combat the drastic fall in prices of LED light sources. The global ...
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04 Sep 2025  |  Global  |  Market Research
Smart Homes Market, Global, 2024–2030
AI-Driven Personalization, Servitization, and Platform Synergy to Drive Industry Transformation
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...
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28 Dec 2018  |  North America  |  Market Research
Emerging Solutions in the North American HVACR Market
Non-vapor Compression, LGWP Refrigerant Technologies, and a Reduced Carbon Footprint are Overarching Trends for the Future
The technologies under evaluation fall into the following broad categories: advanced vapor compression, advanced heat exchangers, emerging non-vapor compression, and integration of energy storage and air conditioning. Within these broad categories, multiple technologies under development have been analyzed. Some of the over-arching themes across th...
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05 May 2015  |  Europe  |  Market Research
European Home Automation Systems Market
Value-added Resellers to Drive Mass Commercialisation
The home automation market has undergone major changes in the last couple of years with respect to technological innovation, competitive landscape, new business models, new distribution channels, and the introduction of smart products. With high growth projected across Europe in line with increased connectivity and convergence, Frost & Sullivan exp...
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26 Mar 2019  |  North America  |  Frost Radar
Frost Radar in the Global Building Energy Management Systems (BEMS) Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
The Building Energy Management Systems (BEMS) is a globally evolving market that is poised for double-digit growth for the next 7 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, energy efficiency regulations, state incentives for buildings to install energy management systems, ...
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18 Nov 2021  |  Asia Pacific  |  Market Research
Singapore Building Management System Growth Opportunities
Disruptive Technologies and Competition from Start-ups Stimulate the Progression of Building Management Solutions
The Singapore building management system (BMS) market is forecast to expand with a 7.2% CAGR for 2021–2027. Although the positive growth over the forecast period is attributable to recovery from the pandemic, it will not reach the market size of pre-COVID-19 years. Growth is lower due to slower recovery in the construction sector until 2027. Althou...
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25 Mar 2019  |  North America  |  Frost Radar
Frost Radar in the Global Home Energy Management Systems (HEMS) Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
Home energy management systems (HEMS) is a technology platform that monitors, manages, and controls home functions such as HVAC, lighting, solar PV, and other appliances in a residential building. The HEMS market is expected to grow at an accelerated rate for the next 7 years. The concept of HEMS has evolved over the last few years, where the focus...
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03 Oct 2025  |  Global  |  Market Research
Refrigeration Equipment Market, Global, 2025–2030
Refrigeration is Experiencing Transformational Growth Due to Green Policies and Digital Tools
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 ...
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10 Feb 2026  |  Global  |  Market Outlook
Top 8 Growth Opportunities in HVAC, 2026
Transformational Technologies, Renewable Energy Integration, and Sustainability to Drive the Next Generation of HVAC Systems
In 2026, the HVAC industry is undergoing rapid transformation, driven by the convergence of advanced technologies, stringent sustainability mandates, and shifting customer priorities toward efficiency and resilience. Frost & Sullivan highlights key growth opportunities as IoT-enabled and cloud-based solutions revolutionize maintenance through real-...
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