Search results for: 'simulation energy'

03 Jan 2017  |  Asia Pacific  |  Market Research

BEMS Market in Southeast Asia, Forecast to 2020

Rise in Electricity Prices, Boom in Building Construction, and Energy Services to Result in Near Doubling of Overall Revenues for the Building Energy

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The Southeast Asian Building Energy Management Systems (BEMS) market currently in the nascent stage is expected to grow strongly at a CAGR of 10 to 15% from 2015 and 2020. The market is expected to be worth more than $180 million by 2020. In addition to rising electricity price and expanding buildings construction and energy services, demand will b...

17 Jan 2017  |  Asia Pacific  |  Market Research

SEA Integrated Facilities Management Market, Forecast to 2021

Demand for Cost and Energy Efficiency Propels IFM Sophistication

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The Integrated Facilities Management (IFM) market in Southeast Asia (SEA) is set to grow steadily until 2020. Rapid growth can be expected in developing economies such as Thailand and Indonesia, while advanced IFM markets in Malaysia and Singapore provide available opportunities due to rapid building modernization and energy-efficiency goals. Colle...

07 Jul 2017  |  Asia Pacific  |  Market Research

Southeast Asian Building Management System (BMS) Market, Forecast to 2022

Growing Awareness on Energy Efficiency to Drive Double-digit Growth

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The Southeast Asian Building Management Systems (BMS) market is currently in the nascent stage and is expected to grow strongly at a CAGR of 10.2% between 2016 and 2022. Increased energy efficiency and operational cost savings achieved through adoption of BMS is increasing the demand, while regulation and policies further support the growth of this...

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 ...

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

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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...

24 Nov 2017  |  Asia Pacific  |  Market Research

Growth Opportunities for District Heating and Cooling in Asia, Forecast to 2021

Increasing Adoption of DHC Creates Abundant Opportunities for Growth

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District heating and cooling is not a new concept, but this technology is gaining traction in Asia in the current era of urbanization, energy insecurity, and climate change mitigation. The study period is 2014–2021, with the base year as 2016, and forecast period as 2017 to 2021. This research covers East Asia (Japan, South Korea, and Taiwan) and S...

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

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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...

The Southeast Asian building automation system (BAS) market is in its growth stage and presents a mixed bag of opportunities, which is marked by a high degree of regional variance with respect to market development and thus demand. This diversity necessitates customized solutions depending on the requirement of both the region and end user. The rap...

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...