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- forecasting the global imaging market for 2024
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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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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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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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29 Oct 2021  |  Asia Pacific  |  Market Research
Vietnam Facility Management Growth Opportunities
Innovative Business Models are the Way Forward for Vietnamese FM Advancement
This study covers the Vietnamese FM market, which includes cleaning services, M&E services, and parking management only. The FM market in Vietnam accounted more than $250 million in 2020, after a 2.8% decline due to the COVID-19 pandemic. Nonetheless, market growth will remain favorable until 2026 with increasing FM demand and awareness on outsourc...
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19 Apr 2021  |  North America  |  Market Outlook
Digital and Outcome-linked Service Innovations to Power the Global Homes and Buildings Industry, Outlook 2021
Future Growth Potential Driven by Resilient and Sustainable Business Models
The COVID-19 pandemic has impacted nearly every sector and has forced various industries to undergo business transformation initiatives to adapt to the new normal environment. The Homes and Buildings (H&B) industry is no exception and is expected to face an acute recovery challenge both from the supply and demand side of the industry in 2021. As ho...
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18 May 2020  |  Asia Pacific  |  Market Research
People Flow Solutions for Smart City Development in Asia-Pacific, 2019
Digitalization will Bring Forth the Full Potential of People Flow Solutions in Smart Buildings and Infrastructure
People flow solutions (PFS) is a term newly introduced in the building systems industry. It generally defines the technologies or solutions applied for people flow control and management in and outside of a building. PFS has an increasingly significant role to play in conjunction with the rapid urbanization, where human and road traffic are getting...
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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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17 Jun 2020  |  Asia Pacific  |  Market Research
Business Model Innovations in the Building Construction Industry, 2020
Technological Advancement and a Vision for Sustainability will Drive Change in Building Construction Business Models
Asia-Pacific is expected to record substantial building construction development in the next five years despite some impact from the COVID-19 pandemic in 2020. This is mainly impacted by the rapid urbanization and heavy investment in the region. The building construction industry is facing several challenges such as declined project productivit...
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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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09 Jun 2021  |  Asia Pacific  |  Market Research
Australian and New Zealand Construction Collaboration Solutions Growth Opportunities
Platform Approach Critical to Expand Benefits and Applications for Future Growth Potential in a Challenging Environment
Australia and New Zealand (ANZ) are highly urbanized markets with large infrastructure expenditure by governments and high uptake of collaboration solutions in the construction industry. However, the use of cognitive solutions and the “innovate to zero†concept (for example, zero defects, emails, and emissions) are still nascent. Beyond cloud c...
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