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13 Jul 2021  |  Asia Pacific  |  Market Research
Southeast Asia Facilities Management Emerging Business Models and Growth Opportunities
Digitally-Led Business Models Create New Opportunities in Service Advancements
COVID-19 severely affects all facilities management (FM) end-user segments. The Southeast Asian FM market revenue declined by 3.7% in 2020 due to the pandemic. As the market gradually recovers over the forecast period, competition is expected to intensify and accelerate the need for innovation in FM services. FM market participants in Southeast Asi...
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13 Oct 2022  |  Asia Pacific  |  Market Research
Southeast Asia Facility Management (FM) Technology Innovation and Growth Opportunities
Technology Strategy is Vital to the Region’s FM Transformational Growth.
The Southeast Asia (SEA) facility management (FM) market is growing, supported by the high construction and renovation activity in the region due to the rapid urbanization and the expansion of smart buildings. The adoption of advanced technologies in building services is also witnessing rapid growth. In addition, government regulations for energy e...
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10 Jun 2019  |  Asia Pacific  |  Market Research
Competitive Analysis of Singaporean Facilities Management (FM) Market, 2018
Automation and Digitization Solve Industry Challenges and Lead to Operational Efficiency
The Singaporean FM market is well developed with a comprehensive regulatory framework in place to drive the market. The strong outsourcing culture across the country, together with a conducive business environment, encourages both local and foreign service providers to establish their footprint in the country. The mature FM market in Singapore expe...
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23 Nov 2020  |  Asia Pacific  |  Market Research
Southeast Asia Smart Street Lighting Market Calls for Convergence of Illumination and Information Technologies, 2020
Data Monetization in the Street Lighting Market Propel Collaboration Among Strategic Industry Participants
Upgrading public street lights to LED lights have resulted in energy savings. However, connected or smart street lights can achieve better energy efficiency and promote other applications, such as security, Wi-Fi, and data. Networked, adaptive street lighting solutions have emerged as a leading smart city application. Although replacing existing st...
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22 Aug 2019  |  Asia Pacific  |  Market Research
Southeast Asian LED Lighting Market, Forecast to 2023
Government Initiatives and Support Will Drive Market Growth; Emerging Applications Will Create New End-user Segments and Expand Existing Ones
The Southeast Asian LED lighting market has been growing steadily over the last few years, mainly due to government initiatives, rising demand, and infrastructure projects. The government offers strong support through incentives and regulations; financial support is provided to boost local manufacturers. Declining prices have resulted in rising con...
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24 May 2016  |  Asia Pacific  |  Market Research
Strategic Analysis of the LED Lighting Market in Southeast Asia
Growth is Certain Amid Multi-dimensional Challenges in Competitive Innovation and Consumer Perspectives
The LED lighting market is gaining momentum in Southeast Asia. The market is smaller than in Asia-Pacific but offers long-term prospects to market participants due to strong governmental support. Other drivers include the development of smart cities and economic corridors in Indonesia and Malaysia. Singapore provides the largest opportunities in So...
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15 Jul 2020  |  Asia Pacific  |  Market Research
Analysis of the Growth Strategies of ASEAN-6 Facilities Management Companies, Forecast to 2025
Identifying Strategies to Cope with the Transforming Competitive Market and Global Situation
The future of facilities management (FM) will require stringent monitoring of visitors, workspace management, consistent cleanliness and hygiene, and holistic security to manage any future threats similar to COVID-19. This study focuses on presenting the competitiveness of FM providers through a selection of strategic criteria that respond to under...
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09 Jul 2021  |  Asia Pacific  |  Market Research
New Zealand Facilities Management Growth Opportunities
Technology Strategy and Use of Sophisticated Service Solutions are the Keys to Service Expansion and Improved Customer Experience
The New Zealand (NZ) facilities management (FM) market is seeing relatively stable growth, despite the pandemic-induced disruption in 2020. The high awareness of FM services and active participation of end users, coupled with the growing awareness of energy efficiency and the existing building stock in the country, has been responsible for the stab...
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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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22 Dec 2021  |  Asia Pacific  |  Market Research
Vietnam Building Automation Systems (BAS) Growth Opportunities
Disruptive Technologies and Innovative Business Models will be Key to the Advancement of the Industry
The COVID-19 pandemic has accelerated the need to automate buildings. There is an increasing need to manage buildings remotely, which demands the convergence of advanced analytics, artificial intelligence (AI), and emerging technologies with building automation systems (BAS). Currently, 90% of the BMS market in Vietnam is in the early stages of dig...
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