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Favorable Government policies, Make in India initiative and rising costs in China are the key factors for rise in local manufacturing. EMS market is expected to grow at a CAGR of 38.1% till FY23 from the current market value of INR 56,000 Crore. Mobile phones, Telecom, and Consumer electronics and appliances were the sectors that contributed to E...

12 Jun 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

India Facilities Management Industry Outlook, 2020

The Facilities Management Market in India is Going Through a Major Transformation, Driven by Technological Innovation, New Business Models, and New Service Offerings

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Professional FM services have now become a necessity for asset owners, as they not only help increase the lifespan of a building but also help owners meet international health and safety standards. The increased need to reduce operating costs of facilities and buildings of end-user segments and increasing demand for energy conservation and optimum ...

The rise in residential and commercial construction projects, along with the high growth from the tourism and hospitality industry, is creating demand for HVAC products in Sri Lanka. Sri Lanka allows total foreign ownership across several industries and imposes no restrictions on repatriation of earnings, fees, and capital. Supporting budgets and p...

With the growing market for electronics and increasing complexities of the appliances it is necessary to build the skilled workforce. Majority of the servicing of consumer appliances is done mostly by the unorganized segment creating the need to move them to organized arena. Manpower deficit, outdated curriculum coupled with high attrition and lack...

20 Nov 2018  |  South Asia, Middle East & North Africa  |  Market Research

Indian Facility Management (FM) Services Market, Forecast to FY2023

Increasing Acceptance of Outsourcing Non-core Activities and Burgeoning Demand from Commercial and Industrial Clients will Contribute to the Growth of the FM Market in India

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The study aims to analyze and forecast the Indian facilities management (FM) market outlook for FY18-FY23. Professional FM services have now become a necessity for asset owners, as they not only help increase the life span of a building but also help owners meet international health and safety standards. Increased need to reduce operating costs of...

21 Jan 2021  |  South Asia, Middle East & North Africa  |  Market Research

Connected LED to Drive the Next Wave of Growth for the Lighting Market in India

Future Growth Potential Enhanced by Growth Opportunities in Smart City Projects

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Connected lighting refers to luminaries that are seamlessly integrated into the network of a building/space/city such that they can be monitored and provide valuable information regarding their usage. The luminaires are either programmed to operate in a particular pattern or fitted with sensors to capture information. Connected lighting systems pro...

The Room Air Conditioners (RAC) Market in India, 2017 provides an outlook of the RAC industry, emerging trends in usage of technology, key regional trends and factors driving the market. The Indian economy is currently witnessing an upswing due to increased economic activities; rising household incomes and therefore enhanced purchasing power have m...

The need for water purifiers is ever increasing with increase in urbanisation, deteriorating water quality, increasing awareness towards health, and due to high Total Dissolved Solids (TDS) content in the water supplied by municipal bodies. However, educating the end consumer on the effectiveness and efficiency of water purifiers remains a major ch...

With air pollution becoming a health hazard, there is very little that citizens can do to immediately address the problem; this is where the air purifier comes into play. In recent years, the air purifier market has witnessed a hike in demand fueled by degrading air quality and increasing concern toward health issues. The air purifier industry is d...