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21 Dec 2017  |  Global  |  Market Research
World Building Automation Systems (BAS) Markets, Forecast to 2022
Energy Efficiency Initiatives and Converging Technologies will Establish Mass Adoption of BAS solutions
The global building automation systems (BAS) market is poised for healthy growth in the next five years. The key driving factors are growing use of internet of things (IoT) technology, the rising popularity of LED lights for utilization of energy efficiently, increased reliance on wireless technology, and concern for overall energy consumption in b...
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05 Jul 2021  |  Asia Pacific  |  Market Research
Southeast Asian District Cooling Growth Opportunities
Need for Energy Diversification and System Optimization to Boost Adoption of Disruptive Technologies and Enhanced Business Models
District cooling (DC) is the cooling equivalent of district heating. This process involves supplying chilled water (usually between 4 and 8 degrees Celsius) from a central plant to multiple buildings via insulated underground pipes. The cooled water is then used to chill the indoor air in buildings before being sent back to the central plant to be ...
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13 Sep 2019  |  Asia Pacific  |  Market Research
Air Conditioner Market in ASEAN-6, Forecast to 2023
Increasing Urbanization and Rising Demand for Energy-Efficient Air Conditioners Driving Market Growth
The air conditioner market in ASEAN-6 countries (comprising Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) is currently in the growth stage and is expected to expand at a strong CAGR of 7.0% between 2018 and 2023. Increased urbanization and rising awareness about energy-efficient air conditioners is increasing the demand. P...
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23 Feb 2017  |  South Asia, Middle East & North Africa  |  Market Research
Analysis of the LED Lighting Market in the GCC, Forecast to 2020
Energy Efficiency, Downtrend in LED Lighting Prices, and Increased Acceptability are Driving the Market
The LED lighting market in the GCC is a high-growth market, which is driven primarily by increased functionality, energy efficiency targets, and increasing awareness among customers. Currently, LED lighting accounts for only 37.6% of the total lighting market in the GCC region; however, it is expected to be a high-demand lighting technology across ...
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12 Oct 2021  |  Global  |  Market Research
Global Low Voltage Switchgear Growth Opportunities
Integration with Distributed Energy Resources and Building Internet of Things Platforms are Key Growth Strategies
The low voltage switchgear (LVSG) market is well established globally. This Frost & Sullivan research service provides an overview of the global LVSG market with a focus on protection and switching device components such as air circuit breakers, molded case circuit breakers, miniature circuit breakers, residual current circuit breakers, contactors,...
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11 Mar 2020  |  North America  |  Market Outlook
Global Homes and Buildings (H&B) Industry Outlook, 2020
Artificial Intelligence (AI)-driven Solutions, Energy Efficiency Directives, Sustainability Targets, Construction Activities, and Stringent Building Safety Codes Drive Overall Industry Growth
The homes and buildings (H&B) industry is driven by the penetration of IoT at the field level of buildings, by the emerging adoption of artificial intelligence (AI)-driven solutions at the management level, and by cloud-based data analytics. These technologies are significantly impacting the smart homes, LED lighting, building automation, and build...
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25 Oct 2019  |  Europe  |  Market Research
European Building Automation Systems (BAS) Market, Forecast to 2025
Energy-efficiency Plans at the National and European Levels, Converging Technologies, and Need for Renovation of Ageing Building Stock will Enable Stronger Market Uptake
The European building automation systems (BAS) market is poised to grow at a moderate CAGR of 2.6% from 2018 to 2025. The key factors for growth are energy-efficiency requisites aiding BAS adoption and European and national regulatory plans led by Energy Performance of Buildings Directive (EPBD) and Energy Efficiency Directive (EED) to boost the en...
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26 Jul 2021  |  North America  |  Market Research
North American Heating, Ventilation, and Air Conditioning Growth Opportunities
Growth Strategies Will Center Connected Solutions for Energy Optimization and Enhanced Occupant Comfort Inside the Built Environment
The COVID-19 pandemic impact on the North American HVAC market was relatively muted than expected. While the market was forecast to slump by 6% in 2020, the post-Q2 2020 rebound helped HVAC manufacturers get their business back on track. Amid the government change in the United States and the adoption of favorable climate change regulations and pro...
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17 Jun 2019  |  North America  |  Market Research
North American Refrigeration Market, Forecast to 2025
Market to Rapidly Evolve With Platform-based Cold-chain Integration, Energy Management, and Low Global Warming Potential (GWP) Refrigerants
The North American refrigeration market is expected to witness healthy growth up to 2025. While there was a drop in revenues for 2018, the market is expected to move forward with increasing growth rates. The market is driven by an increasing demand for fresh food and chilled products, a replacement need for aging equipment, replacements due to tech...
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30 Jun 2020  |  North America  |  Market Research
Global Building Automation Systems (BAS) Market, Forecast to 2026
Smart and Cognitive Building Solutions to Embrace IoT Integration, Propelled the Transformation from Traditional to Advanced Systems, Unleashing Higher Productivity and Actionable Insights, Increasing Energy Efficiency, and Enabling New Business Models
The world building automation systems (BAS) market is poised to grow at a moderate CAGR of 3.4% for the period 2019–2026. The key factors for growth are energy efficiency requisites, energy conservation and favourable government initiatives, rising energy prices, and strict building codes, aiding BAS systems adoption. Regulatory drivers will have a...
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