Search results for: 'consumption pattern transformations'

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

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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...

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...

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...

30 Aug 2022  |  Global  |  Market Research

Top 50 Start-ups Advancing Decarbonization and Digitalization in the Global Homes & Buildings Industry

Smart and Healthy Building Solutions Driven by AI and IoT are Key for Decarbonizing the Commercial Real Estate Sector

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Digital transformation technology adoption has accelerated during the last few years and is poised to transform the building technology industry, making buildings more connected, sustainable, and cognitive. Intelligent building solutions using digital transformation technologies, including IoT, AI, and machine learning (ML), are advancing building ...

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

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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...

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

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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...

Smart windows are next generation windows, integrated with smart glass or switchable glass that selectively blocks or allows sunlight and heat in buildings by switching from clear to opaque in response to certain stimulus. This stimulus can be sunlight, electricity, or temperature. Smart windows are transforming into a prominent energy management...