Search results for: 'global 2024 2030'

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 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 building energy management systems (BEMS) market is poised for significant growth, driven by advancements in transformational technologies, heightened focus on energy efficiency, and increasing regulatory mandates to combat climate change. BEMS solutions integrate hardware, software, and data analytics to monitor, control, and optimize building...

30 Jul 2025  |  Global  |  Market Research

Facility Management Market, Global, 2024–2030

Technology, Sustainability, Workplace Optimization, and User Experience Drive Transformational Growth

Infographics

×

The facility management (FM) sector is experiencing a major transformation due to external forces, changing customer demands, and internal constraints. Geopolitical instability, such as inflation, economic uncertainty, and global conflicts, have disrupted supply chains and raised the cost of operations. Although inflation has increased revenue, it ...

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

Infographics

×

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...

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...

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 ...

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 facility management (FM) market in Singapore is in the mature stage of its growth cycle, positioning it ahead of most Southeast Asian counterparts and among the most advanced in Asia-Pacific. This maturity is underpinned by a strong outsourcing culture, a supportive regulatory framework, and high end-user receptiveness to value-added and innova...