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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...

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...

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...

05 Aug 2016  |  Europe  |  Market Research

European Electronic Security Market

Video Analytics and Cloud-based Access Control Solutions will Drive Market Growth

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The electronic security market in Europe is well established. There has been an upsurge in Internet Protocol (IP) video surveillance and cloud-based access control products. Driven by technological developments and increased security concerns, the market will grow at healthy rates throughout the forecast period till 2020 and even beyond. This study...

Retrofitting of existing buildings contributes a major share in the European building automation systems (BAS) market. The BAS market discussed is segmented into office buildings, educational buildings, hospitals, wholesale and retail trade buildings, industrial buildings, and other building. The convergence of information communication and technol...

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

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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...

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 ...

30 Sep 2016  |  Europe  |  Market Research

European Market for Lighting Controls and Light Management Systems

Smart Buildings, Connected Homes, and Energy Efficiency to Fuel Market Growth

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The lighting control and light management system (LC-LMS) market is a high growth market driven primarily by increased functionality, energy efficiency targets, and LED lighting adoption. In the total lighting industry, LED lighting products and solutions accounted for more than 50.0% of lighting sales in 2015 and this will have increased past 80% ...

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

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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...