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21 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research
Impact of COVID-19 on the Gulf Corporation Council (GCC) Facilities Management Market
Technology Strategy Based on AI and Robotics to Deliver More Efficient FM Services
Although the COVID-19 pandemic has devastated the global economy, the GCC facilities management (FM) market has been among the lesser impacted industries. This study covers the reasons why and offers the results of Frost & Sullivans extensive engagement survey (in collaboration with MEFMA) of key industry players active in the region. In particular...
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13 Dec 2021  |  Global  |  Market Research
Global Digital Solutions for Buildings and IoT-based HVAC Services Growth Opportunities
Building Health and Safety Awareness to Prompt Advancement of Disruptive Technologies for HVAC Services
The study focuses on digital solutions in buildings and IoT-based services for heating, ventilation and air-conditioning (HVAC) equipment. Digital solutions are services that are not part of equipment sales but rendered additionally. Remote monitoring, predictive maintenance, fault detection and diagnostics, energy optimization, healthy building se...
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20 Dec 2019  |  Global  |  Megatrends
The Future of Facility Management (FM), Forecast to 2025
A New Era of Service Integration, User Experience, Business Productivity, Smart Technology, and Internationalisation
The global Facility Management (FM) market is going through a major transformation, driven by technology innovation, new business models, emerging value propositions, competitive disruption, and creative new service offerings. In many parts of the world, FM services are commoditising and there is a need for innovation and new value propositions if ...
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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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19 Apr 2023  |  Global  |  Market Research
Global Facility Management Growth Opportunities
Technology, Sustainability, Workplace Optimization, and User Experience are Key FM Growth Strategies
Frost & Sullivan defines the facility management (FM) market revenue as end-user contracts in outsourced FM services and exclude in-house FM services and small FM. Outsourced FM that this study analyzed is termed as ‘FM market’. From now until 2027 will be the defining period for next-generation solutions in the FM market. As the market rebounds...
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12 Nov 2019  |  South Asia, Middle East & North Africa  |  Market Research
KSA Facilities Management Market, Forecast to 2025
Delivery Models of the Future Moving away from Manpower-based Contracts to KPIs and Performance-based Contracts
With rapid advances in AI and cloud technology, the global facilities management (FM) market has transformed significantly in recent years. In order to cope with this transformation, the market is witnessing various mergers and acquisitions. The single services or services in bundles traditionally offered by FM companies have now been replaced by t...
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28 Aug 2014  |  Europe  |  Market Research
European HEMS and BEMS Market
Technological Advancements and Compliance with EU Directives Drive Double-Digit Growth
Driven by technological advancements, cost reductions, and stringent EU regulations for improving energy efficiency in buildings, the HEMS and BEMS markets are collectively expected to cross $2 billion in revenue by 2018. Growing demand for an integrated solution for communication between sub systems or machine-to-machine interaction has made the m...
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07 Sep 2020  |  North America  |  Frost Radar
Frost Radar™: Global Building Automation Systems Market, 2020
A Benchmarking System to Spark Companies to Action-Innovation That Fuels New Deal Flow and Growth Pipelines
The Internet of Things has allowed numerous devices and systems to connect and communicate, generating a wealth of data that can be captured and converted to actionable insights through high-performance control and automation interfaces. In the building automation space, digitalization allows building managers to optimize energy use and save money ...
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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
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...
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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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