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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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11 Apr 2023  |  Global  |  Market Outlook
Global Homes and Buildings Industry Outlook 2023
Technology-enabled, Data-driven Software Platforms Vital for Solid Industry Growth
The homes and buildings industry recorded a robust 8.6% growth in 2022, driven by demand for facility management services, smart home devices, customer experience platforms, and construction management solutions. Increasing adoption of internet of things (IoT) and artificial intelligence (AI)-driven smart building solutions also contributed to the ...
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28 Feb 2017  |  Global  |  Market Research
Global LED Lighting Market (2017 Update)
Driven by IoT, LaaS will Usher in Connected Lighting and Living by 2023
This study provides an in-depth analysis of the global LED lighting market in 2016, covering 7 application segments (residential, retail, architectural, outdoor, office, industrial, hospitality) in 5 regions (North America, Europe, Latin America, the Middle East and Africa, and Asia-Pacific). After evaluating the market size for 2016 to be $ 47,303...
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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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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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04 Sep 2020  |  North America  |  Market Research
2020 Annual Update of Global LED Lighting Market
Sustainable Lighting That Facilitates Better Living Conditions Will Grow Significantly
LED lighting has grown from strength to strength over the last decade driven by energy efficiency regulations, widespread manufacturing and reduced prices of LED light sources. Approximately 15% of building energy is utilized for lighting and the usage of LED's have resulted in significant energy savings to buildings across the globe. Lighting is m...
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10 Jun 2019  |  Asia Pacific  |  Market Research
Competitive Analysis of Singaporean Facilities Management (FM) Market, 2018
Automation and Digitization Solve Industry Challenges and Lead to Operational Efficiency
The Singaporean FM market is well developed with a comprehensive regulatory framework in place to drive the market. The strong outsourcing culture across the country, together with a conducive business environment, encourages both local and foreign service providers to establish their footprint in the country. The mature FM market in Singapore expe...
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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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03 Jul 2018  |  Asia Pacific  |  Market Research
Asia-Pacific Integrated Facilities Management Market, Forecast to 2022
Cost Efficiency, Standardization, Long-term Partnerships and Technology Adoption are Key Trends
The Asia-Pacific integrated facilities management (IFM) market is witnessing stable growth, primarily supported by rapid growth and development of facilities management (FM) in developing markets, but offset by lower growth in mature markets. High construction activity and booming end-user sectors, coupled with the growing outsourcing culture and a...
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30 Jun 2020  |  North America  |  Market Research
Global Building Automation Systems (BAS) Market, Forecast to 2026
Smart and Cognitive Building Solutions to Embrace IoT Integration, Propelled the Transformation from Traditional to Advanced Systems, Unleashing Higher Productivity and Actionable Insights, Increasing Energy Efficiency, and Enabling New Business Models
The world building automation systems (BAS) market is poised to grow at a moderate CAGR of 3.4% for the period 2019–2026. The key factors for growth are energy efficiency requisites, energy conservation and favourable government initiatives, rising energy prices, and strict building codes, aiding BAS systems adoption. Regulatory drivers will have a...
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