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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 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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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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07 Dec 2020  |  Global  |  Market Research
Global Zero Energy Buildings (ZEB) Promise New Efficiency Beyond Cost and Innovative Technologies, 2020
Integrated Configurations in Monitoring and Tracking Functions will Lead New ZEB Development
The global energy demand from the building and construction sector continues to rise, mainly due to rapid expansion of buildings’ floor area and global climate change. Ambitious, yet compelling, zero energy buildings (ZEB) are deemed to directly and effectively address the global issues on climate change and energy scarcity. As defined in this s...
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04 Feb 2021  |  Global  |  Market Research
The Future of Smart Buildings—Top 10 Growth Opportunities in the Global Building Automation Market
Growth Strategies Fueled by Accelerated Integration of Health, Safety, and Security Features in Response to the COVID-19 Pandemic
The global building automation market has been experiencing an upswing during the last few years driven by increasing awareness about building optimization, energy efficiency, smart and green advancements, and the rise of smart city initiatives. The 2020 COVID-19 pandemic, however, has both accelerated the need for building automation systems and c...
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29 Apr 2019  |  Global  |  Market Outlook
Global Homes and Buildings (H&B) Industry Outlook, 2019
Artificial Intelligence (AI), Voice Command Control, and IoT-enabled Lighting to Drive the Industry Forward
The homes and buildings (H&B) industry continues to evolve, driven by transformational technologies such as artificial intelligence (AI), machine learning, Internet of Things (IoT), data analytics, and the cloud. These technologies are significantly impacting smart homes, LED lighting, building automation, and building energy management markets. Ev...
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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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08 Aug 2019  |  Global  |  Market Research
Global Smart Thermostats Market, Forecast to 2025
Increasing Thermostat Capabilities will Enable the Integration of Smart Home Devices and Drive Growth Opportunities Across the Globe
The proliferation of smart devices in residences across the globe has risen over the last two years. Smart thermostat is one such device that has seen traction, especially in regions like North America and Europe. Once considered as expensive devices with complicated controls, smart thermostats have become consumer friendly and light on the pocket ...
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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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30 Jun 2022  |  Global  |  Market Research
Global Building Technologies and Services Sustainability Innovation and Growth Opportunities
Technology Strategy to Focus on Sustainability-related Innovation
Businesses continue to respond to the impact of two major trends; the ongoing coronavirus pandemic and climate change. The pandemic has created financial austerity among public and private organizations, and companies have also accelerated decarbonization in business operations as a way to gain competitive edge. As companies are resuming busines...
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