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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
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...
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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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31 May 2019  |  Asia Pacific  |  Market Research
Building Automation System Market in Southeast Asia, Forecast to 2023
BAS to Endure with New Business Models and Smart Cities Development in Southeast Asia
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...
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17 Dec 2013  |  Global  |  Market Research
World LED Lighting Markets (2013 Update)
Government Initiatives and Declining Prices are Driving the High Growth
The key challenges that the LED lighting market face are the prevalence of alternate technologies and high initial investment. Raising awareness amidst residential end users, financing projects, and leasing and maintenance of lighting solutions in the professional lighting market can tackle these challenges and provide untapped opportunities. End u...
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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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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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05 Aug 2016  |  Europe  |  Market Research
European Electronic Security Market
Video Analytics and Cloud-based Access Control Solutions will Drive Market Growth
The electronic security market in Europe is well established. There has been an upsurge in Internet Protocol (IP) video surveillance and cloud-based access control products. Driven by technological developments and increased security concerns, the market will grow at healthy rates throughout the forecast period till 2020 and even beyond. This study...
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19 Nov 2021  |  Global  |  Market Research
Global Emergency Lighting Growth Opportunities
Future Growth Potential Powered by Non-residential Building Regulations and Technological Advancements
Global emergency lighting is expected to account for 3.3% growth in 2021 after a decline of 6.7% in 2020 due to the pandemic. The market will only reach pre-COVID-19 growth rate in 2022. Market revenue is forecasted to be valued at $6.9 billion by 2027 with a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027. North America will contin...
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18 Nov 2021  |  Asia Pacific  |  Market Research
Singapore Building Management System Growth Opportunities
Disruptive Technologies and Competition from Start-ups Stimulate the Progression of Building Management Solutions
The Singapore building management system (BMS) market is forecast to expand with a 7.2% CAGR for 2021–2027. Although the positive growth over the forecast period is attributable to recovery from the pandemic, it will not reach the market size of pre-COVID-19 years. Growth is lower due to slower recovery in the construction sector until 2027. Althou...
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20 Mar 2018  |  Asia Pacific  |  Market Research
Digital Transformation of the Australian Built Environment, Forecast to 2024
Emergence of Cloud, IoT, and Analytics Creates New Challengers in the Building Management System Market
While the Australian market for digital built environment solutions is growing rapidly, it is still under-penetrated, particularly in the residential sector. Solutions that improve the energy efficiency of built environments have found the highest acceptance among asset owners due to their ability to demonstrate a clear return on investment (RoI). ...
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