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05 Dec 2022  |  Global  |  Market Research
Global Building Management Systems Growth Opportunities
Digital Solutions and Sustainability Outcomes are Vital for Vertical Market Expansion
The global building management system (BMS) market is being revolutionized by increasing industry convergence and the emergence of innovative technologies. This has led to a rapid increase in the digitalization of buildings, resulting in a spurt in demand for smart buildings and BMS systems. These technologies are causing significant disruptions, i...
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10 Jan 2019  |  Global  |  Market Research
World Lighting Controls Market, Forecast to 2025
Brand Agnostic Software Solutions will Adopt a Data-driven Approach in Creating Intelligent Lighting Environments
Lighting controls have transitioned from being simple devices that are used to control (turn on and turn off or dim) lighting appliances to being critical components of smart buildings. The advent of sensors and innovations in LED lighting has hastened developments within the lighting controls market. Apart from conventional benefits such as energy...
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24 Nov 2021  |  Global  |  Market Research
Global Building Technologies and Services Post–COVID-19 Trends & Growth Opportunities
Visionary Business Models that Enable New Services and Digitalization are Success Factors for the Post-Pandemic Era
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...
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28 Aug 2019  |  Global  |  Market Research
Global Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) Market, Forecast to 2025
Energy Efficiency Legislation, Customer Awareness, and Commitment to Sustainability are Crucial for Accelerated Market Growth
The Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) market is dynamic and poised for accelerated growth for the next 7 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, energy efficiency legislation, state incentives for buildings to install en...
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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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29 Apr 2019  |  Global  |  Market Outlook
Global Homes and Buildings (H&B) Industry Outlook, 2019
Artificial Intelligence (AI), Voice Command Control, and IoT-enabled Lighting to Drive the Industry Forward
The homes and buildings (H&B) industry continues to evolve, driven by transformational technologies such as artificial intelligence (AI), machine learning, Internet of Things (IoT), data analytics, and the cloud. These technologies are significantly impacting smart homes, LED lighting, building automation, and building energy management markets. Ev...
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01 Sep 2021  |  Global  |  Market Research
Global BEMS and HEMS Emerging Technologies, Business Models, and Growth Opportunities
Connectivity and New Technology Convergence Unleash the Potential of AI and IoT and Launch Innovative Applications
Building energy management is now a cornerstone of building energy sustainability. Mass digitization targets building systems management and focuses on occupant health and well-being, enabling proactive performance improvements and making buildings more human-centric. The COVID-19 pandemic emphasizes the importance of minimizing ecological footprin...
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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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08 Aug 2019  |  Global  |  Market Research
Global Smart Thermostats Market, Forecast to 2025
Increasing Thermostat Capabilities will Enable the Integration of Smart Home Devices and Drive Growth Opportunities Across the Globe
The proliferation of smart devices in residences across the globe has risen over the last two years. Smart thermostat is one such device that has seen traction, especially in regions like North America and Europe. Once considered as expensive devices with complicated controls, smart thermostats have become consumer friendly and light on the pocket ...
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14 Mar 2023  |  Global  |  Market Research
Global Smart Thermostats Technology Innovation and Growth Opportunities
New Product Development and Strategic Partnering to Push Seamless Interoperability with Smart Home Devices
Rising energy costs and growing environmental concerns are leading to an increase in the demand for energy-efficient solutions for buildings. Smart thermostats provide a convenient and effective way to reduce energy consumption and save money on heating and cooling bills. Consumer demand to automate and control home environments is making smart the...
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