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10 Nov 2022  |  South Asia, Middle East & North Africa  |  Market Research
Indian Air Purifier Growth Opportunities
Demand for Connected Home Systems and Air Quality Awareness Influence New Air Purifier Product Development
Urbanization, industrialization, and the population explosion are worsening India’s air pollution crisis. These factors are prompting renewed focus on initiatives to conserve air quality and improve the quality of life. The COVID-19 pandemic has also sparked customer awareness about air pollution and the spread of airborne diseases, triggering dema...
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03 Jun 2019  |  Asia Pacific  |  Market Research
Transformation of the Lighting Market in Asia-Pacific, 2019
LED Revolution, Smart Technology, and New Business Models Propelling a Paradigm Shift
From traditional incandescent lamps to compact fluorescent lamps (CFL) to light-emitting diodes (LED) and laser diodes (LD), the lighting market has come a long way in the last 10 years. With growing LED adoption and increasing smart solutions, leveraging Internet of Things (IoT) and Light Fidelity (LiFi), the lighting market is going through a pha...
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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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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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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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26 Oct 2013  |  South Asia, Middle East & North Africa  |  Market Research
Analysis of the LED Lighting Market in the GCC
Energy Efficient and Cost Effective Technology Resolves Energy Issues for a Greener Environment
There has been a swift flow of infrastructure investments in the Middle East region, especially in Gulf Cooperation Council (GCC) countries such as KSA and Qatar due to rising population and the upcoming FIFA World Cup in 2022. Government legislations mandating the usage of energy efficient lighting in this region and growing environmental concern ...
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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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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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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
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...
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11 Mar 2019  |  Asia Pacific  |  Market Research
Thailand Facilities Management Market, Forecast to 2023
Technological Adoption and Client Value Enhancement are Key Differentiators
The facility management (FM) landscape in Thailand is highly competitive and mature. The market is fragmented, with a high outsourcing rate to major multinational companies, and many local services for established end-user sectors. However, a major multinational company, ISS Facility Service Co., Ltd., has disclosed its plan to stall its operations...
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