Search results for: 'plan base'

This study examines the emerging role of IoT-based HVAC services in promoting sustainability within the building industry. It highlights the role of real-time data, predictive maintenance, and integration with energy, IT, and building systems in enabling services, including maintenance and repair beyond warranty periods. The convergence of HVAC wit...

The study focuses on digital solutions in buildings and IoT-based services for heating, ventilation and air-conditioning (HVAC) equipment. Digital solutions are services that are not part of equipment sales but rendered additionally. Remote monitoring, predictive maintenance, fault detection and diagnostics, energy optimization, healthy building se...

19 Nov 2020  |  Global  |  Market Research

Digital Transformation and the Internet of Things Propel the Global Heating, Ventilation, and Air Conditioning Equipment Market, 2020

Strategies Centered on Solution-based HVAC Offerings and Clean Air for the Built Environment Create New Growth Opportunities

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Frost & Sullivan estimated HVAC equipment market revenue at $102.5 billion in 2019. Revenue is expected to grow at a nominal rate through 2026 to reach $140.6 billion. Demand for HVAC products because of climate change and the need for clean air in buildings is fueling market growth. Environmentally friendly, energy-efficient systems that save mone...

This study provides a global industry overview of new installations and service markets of elevators and escalators. Asia-Pacific and Americas, in particular Latin America, continue to be demand centers for new elevators and escalators with upcoming planned townships and smart cities, which include residential, office, transportation, and retail se...

The COVID-19 pandemic has rapidly changed the way buildings are operated and managed. Growing smart city initiatives and demand for organized crowd distribution drive the adoption of solutions that allow crowd control and monitoring. Crowd management and public monitoring are crucial in the planning and fruition of successful smart cities. In ad...

In this study, Frost & Sullivan aims to identify and present important trends in the industrial vertical (an end-user vertical for participants in the building industry) and their impact on segments in the building industry. The industrial vertical refers to manufacturing facilities that include the manufacturing, production, or assembly of medical...

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...

This study explores market trends in grid interactive buildings (GIBs), focusing on technologies that enable dynamic energy management and support grid stability. It excludes traditional building management systems that lack grid interactivity, as well as passive upgrades such as insulation or envelope improvements. Revenue forecasts and competitor...

In 2026, the construction management sector is accelerating its digital transformation, with agentic AI systems emerging as a cornerstone for automating comprehensive project workflows and overcoming chronic issues such as labor shortages, escalating costs, and persistent delays. These intelligent agents, powered by generative capabilities, enable ...