Search results for: 'test of use'

Energy and cost savings are still perceived as one of the top benefits of light-emitting diode (LED) lighting, and they will continue to influence decision-making in lighting procurement. In major countries, households' rising disposable income will result in the renovation and modification of lighting systems to keep up with LED lighting innovatio...

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...

The lighting industry is evolving beyond basic illumination, driven by intelligence, connectivity, sustainability, and service-based models. This Frost & Sullivan report identifies the top growth opportunities emerging from the changes in the lighting industry in 2025 for market players and stakeholders to leverage.Businesses and facility managers ...

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,...

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...

Energy use in the construction industry is high. Additionally, the heavy machinery used in construction still leans heavily on fossil fuels, and inefficient electricity use can lead to huge waste of fossil fuels further down the energy supply line. This creates the demand for sustainability drives in the building and construction industry. Sustaina...

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...

The homes and buildings industry’s future is technology enabled. Recovery from the COVID-19 pandemic combined with decarbonization challenges will accelerate the use of digital building technologies. Heightened awareness about a safe and healthy environment will prompt the use of the internet of things (IoT), artificial intelligence (AI) applicatio...

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...