Search results for: 'tech ad condition'

The COVID-19 pandemic has impacted every sector in some capacity and has forced market participants across industries to undergo rapid transformation. The building technologies and services industry is no exception and is at the cusp of a considerable shift. These changes are not restricted to technological or building design changes but involve ho...

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...

The lighting industry is evolving beyond traditional illumination solutions toward intelligent automation and real-time monitoring that adapts to occupancy patterns and environmental conditions. The growing emphasis on intelligence, connectivity, sustainability, and innovative service-based models presents ample growth opportunities for businesses,...

Frost & Sullivan highlights the increasing collaboration effort among asset owners, real estate firms, technology and platform developers, and workspace providers, reshaping workplace ecosystems. Rising competition from new market entrants and post-pandemic megatrends are driving shifts in workplace strategies and the need for modern office designs...

30 Jul 2025  |  Global  |  Market Research

Facility Management Market, Global, 2024–2030

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

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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 ...

The homes and buildings industry experienced a solid 7.2% growth in 2023, driven by increasing demand for facility management services, smart home devices, transition towards energy-efficient HVAC systems, tech-driven building optimisation solutions, and construction management solutions. This growth was further propelled by the increasing adoption...

Global eWaste generation reached 59.4 million tons in 2022 and will likely reach 74.7 million tons in 2030, recording a compound annual growth rate (CAGR) of 2.9% between 2022 and 2030. Frost & Sullivan estimates an average of 2 million metric tons of eWaste added yearly due to the explosive rise in EEE consumption over the last two decades. Lea...

The tiles market in the GCC is one of the most dynamic in the world in terms of the kind of demand it generates. There is high demand for both high quality-high priced tiles and at the same time there is demand for economical and cost effective products.The tiles market in the GCC is currently in the growth stage of the life cycle and is it not exp...

08 Aug 2025  |  Global  |  Market Research

VRF System Growth Opportunities, Global, 2025–2030

Personalized Comfort, Multi-zone Control, and Sustainable Efficiency are Revolutionizing VRF

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The variable refrigerant flow (VRF) market is led by major global players that focus on product innovation with expansion and distribution network enhancement strategies. They support the overall advancement of heating, ventilation, and air conditioning (HVAC) system in buildings. Companies must provide a combination of predictive maintenance servi...