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This study analyzes the UK facility management (FM) market insights and revenue from end-user contracts, which includes the outsourced FM market (excluding in-house FM services). The market has returned to robust revenue growth following the shockwave from the COVID-19 pandemic in 2021. The UK FM is forecast to see a healthy 3.0% CAGR from 2024 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...

Global emergency lighting is expected to account for 3.3% growth in 2021 after a decline of 6.7% in 2020 due to the pandemic. The market will only reach pre-COVID-19 growth rate in 2022. Market revenue is forecasted to be valued at $6.9 billion by 2027 with a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027. North America will contin...

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...

Air pollution entails the presence of harmful solid particles, liquid aerosols, or gases in high concentrations and over long periods, which negatively affect human and environmental health, causing diseases and atmospheric phenomena such as smog and acid rain. Some of these pollutants are visible, including particulate matter, smoke, and fume; how...

11 Nov 2022  |  Global  |  Market Research

Global Modular Construction Growth Opportunities

End-to-end Services and Digital Technology to Boost Modular Construction’s Future Growth Potential

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Modular construction (MC) is associated with prefabricated or off-site constructed building units, such as walls, floors, rooms, and frames, which are assembled at construction sites. MC involves the production of building units in factories under stipulated requirements, including material standards, manufacturing processes and conditions, and pro...

30 Jun 2022  |  Global  |  Market Research

Global Building Technologies and Services Sustainability Innovation and Growth Opportunities

Technology Strategy to Focus on Sustainability-related Innovation

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Businesses continue to respond to the impact of two major trends; the ongoing coronavirus pandemic and climate change. The pandemic has created financial austerity among public and private organizations, and companies have also accelerated decarbonization in business operations as a way to gain competitive edge. As companies are resuming busines...

10 Apr 2018  |  Global  |  Market Research

Global Low-voltage Switchgear Market, Forecast to 2022

Growing Distributed Energy Resources, Rapid Urbanisation and Commercial Expansion will Drive the Demand

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Switchgear is an integral part of the electrical power value chain. Increase in power demand and replacement of aged equipment in the Transmission and Distribution (T&D) grid infrastructure is driving the demand for switchgears globally. Need for continuous, uninterrupted power supply and to protect the electrical equipment from fault currents, swi...