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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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10 Jan 2019  |  Global  |  Market Research
World Lighting Controls Market, Forecast to 2025
Brand Agnostic Software Solutions will Adopt a Data-driven Approach in Creating Intelligent Lighting Environments
Lighting controls have transitioned from being simple devices that are used to control (turn on and turn off or dim) lighting appliances to being critical components of smart buildings. The advent of sensors and innovations in LED lighting has hastened developments within the lighting controls market. Apart from conventional benefits such as energy...
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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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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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28 Aug 2019  |  Global  |  Market Research
Global Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) Market, Forecast to 2025
Energy Efficiency Legislation, Customer Awareness, and Commitment to Sustainability are Crucial for Accelerated Market Growth
The Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) market is dynamic and poised for accelerated growth for the next 7 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, energy efficiency legislation, state incentives for buildings to install en...
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25 Oct 2019  |  Europe  |  Market Research
European Building Automation Systems (BAS) Market, Forecast to 2025
Energy-efficiency Plans at the National and European Levels, Converging Technologies, and Need for Renovation of Ageing Building Stock will Enable Stronger Market Uptake
The European building automation systems (BAS) market is poised to grow at a moderate CAGR of 2.6% from 2018 to 2025. The key factors for growth are energy-efficiency requisites aiding BAS adoption and European and national regulatory plans led by Energy Performance of Buildings Directive (EPBD) and Energy Efficiency Directive (EED) to boost the en...
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20 Feb 2023  |  Global  |  Market Research
Post-pandemic Trends and Growth Opportunities in the Smart Homes Market
Focus on Cost Savings, Comfort, and Security will Enhance Future Growth Potential
This research study provides a post-pandemic trend analysis of the smart homes market, highlighting information on the growth of connected devices, regional trends, consumer preferences, and other key indicators. Smart and connected homes have an evolving, dynamic market poised for strong growth in the next 5 years. The primary drivers of this mark...
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26 Jun 2020  |  Global  |  Market Research
Global Integrated Facility Management (IFM) Market, Forecast to 2026
Technology Integration, Evolution of Business Models and Addition of Service Lines are Expected to Drive Growth in the Market
The global integrated facility management (IFM) market has the highest rate of growth within the overall outsourced facility management (FM) industry, followed by bundled-service and single-service FM offerings. It is also going through a period of major transformation, driven by technological advancements, upcoming business models, challenging mar...
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30 Sep 2019  |  Asia Pacific  |  Market Research
FM Boom in Southeast Asia—Focus on the Vietnamese Market, Forecast to 2023
A Hotspot for Facilities Management Driven by Economic Growth and Foreign Investments
he Vietnamese facilities management (FM) market is expected to record a growth rate of 5.5% in 2019. By 2023, the total market is expected to record a compound annual growth rate (CAGR) of 6.0%, reaching $470.8 million. Rapid growth in Vietnam’s economy is driving building construction in various sectors, such as healthcare, financial, industrial, ...
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08 Sep 2020  |  North America  |  Frost Radar
Frost Radar™: Global Smart Thermostats Market, 2020
A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines
Smart thermostats have changed the way home appliances are controlled for better living conditions. They learn about the heating and cooling preferences in a household and adjust settings automatically, and allow for access of real-time and historical data to optimize performance when a space is unoccupied. The global smart thermostat market is o...
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