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22 Mar 2023  |  North America  |  Market Research
North America Facility Management (FM) Growth Opportunities
Advanced Service Propositions and Agility Drive Competitive Intensity and Support Post-pandemic Success
The North American FM market has the highest maturity compared to other regions. The United States is the world’s biggest FM market in outsourced FM revenues. Mature end users and participants and attractive opportunities from sizable end-user sectors (e.g., commercial, public) have contributed to the outsourcing culture and the substantial market....
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29 Mar 2017  |  Europe  |  Market Research
Growth Opportunities in the UK Facility Management Market
Market Transformation Driven by Convergence of FM with Workplace Change Management to Offer Business Productivity
The facility management (FM) market in the United Kingdom is going through a transformation driven by technology innovation, new business models, emerging value propositions, and creative new service offerings. The UK FM market is one of the most developed and mature in the world with a highly competitive international supply base. FM services ar...
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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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11 Jun 2021  |  Asia Pacific  |  Market Research
Southeast Asian Integrated Facilities Management Growth Opportunities
Acknowledgment of Transformative Trends, Particularly Those Pertaining to Technology Adoption, will be Key to Service Providers’ Advancement in the Region
The Southeast Asian (SEA) integrated facilities management (IFM) market is in the development stage of the growth life cycle, primarily supported by narrowing expectation gaps between IFM providers and end users, greater demand for energy efficiency, and regulatory support. Growth is also driven by the emergence of service providers that offer spec...
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27 Jan 2022  |  Europe  |  Market Research
Europe Light-as-a-Service Growth Opportunities
Innovation Culture in Energy Efficient Lighting and Circular Economy to Fuel LaaS Adoption
Light-as-a-Service (LaaS) is a subscription-based lighting industry business model where the end-user or the building owner purchases the light rather than the hardware that delivers it. With this model, the vendor and the end user enter into a multi-year contractual agreement with payment and energy saving details. LaaS was introduced to avoid the...
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26 Jul 2021  |  North America  |  Market Research
North American Heating, Ventilation, and Air Conditioning Growth Opportunities
Growth Strategies Will Center Connected Solutions for Energy Optimization and Enhanced Occupant Comfort Inside the Built Environment
The COVID-19 pandemic impact on the North American HVAC market was relatively muted than expected. While the market was forecast to slump by 6% in 2020, the post-Q2 2020 rebound helped HVAC manufacturers get their business back on track. Amid the government change in the United States and the adoption of favorable climate change regulations and pro...
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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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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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09 Sep 2022  |  Europe  |  Market Research
European Energy Savings and Performance Contracting Growth Opportunities
Strategic Partnering and Innovation Culture in ESPC to Uphold Buildings’ Operational Efficiency
As the construction industry resumes a level of pre-pandemic operational efficiency and commercial establishments reopen, energy demand from buildings in Europe has surged. For a brief period between 2020 and early 2022, energy efficiency measures did not grow rapidly, despite enabling regulations. This period hampered the achievement of several go...
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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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