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Additive manufacturing (AM) technologies have been undergoing considerable technological growth in recent years. The technology is playing an instrumental role in transforming several industries, such as automotive, aerospace, medical, and oil and gas. Due to the advantages of AM technology, it is now witnessing immense traction from the constructi...

In this study, Frost & Sullivan identifies and elaborates on the key trends that will shape the HVAC industry in 2025, highlighting the transformative impact of technology, sustainability, and evolving customer demands. The integration of IoT and cloud-based solutions is revolutionizing HVAC maintenance by enabling real-time remote monitoring, pre...

In a global environment increasingly defined by decarbonization, urbanization, and digital transformation, companies operating in the homes and buildings sector must fundamentally redefine their strategic purpose. Growing awareness among consumers, employees, suppliers, and policymakers is elevating climate-change mitigation and adaptation as centr...

The Southeast Asia (SEA) facility management (FM) market is growing, supported by the high construction and renovation activity in the region due to the rapid urbanization and the expansion of smart buildings. The adoption of advanced technologies in building services is also witnessing rapid growth. In addition, government regulations for energy e...

07 Apr 2022  |  South Asia, Middle East & North Africa  |  Market Research

Gulf Cooperation Council Facility Management (FM) Growth Opportunities

Affirmation on Customer Experience and Advanced Technologies to Stimulate FM Development

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Facility Management (FM) includes outsourced services associated with running or maintaining a facility, such as janitorial, engineering, security, environmental, landscaping, and other related services. In this study, Frost & Sullivan segments FM into 3 main service categories, namely hard FM services, soft FM services, and additional services. ...

In 2020, the global fire safety equipment revenue declined by 28.7% due to the pandemic. Cancellation and postponement of construction and inauguration of new buildings drastically reduced the revenue from new fire safety equipment installations. Nonetheless, building construction projects largely resumed in 2021, and global economic recovery led t...

Automotive manufacturers are currently focusing on building fully connected and completely autonomous vehicles, as drivers expect next-generation digital technologies in their cars. As autonomous and connected technologies go hand-in-hand in building efficient self-driving cars, connected car technologies will create a drift in the automotive ecosy...

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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Key Issues Addressed

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 ...

This research service highlights the South Korea integrated facilities management (IFM) market. It includes key research findings, country profile, construction trends, industry challenges, market drivers, market restraints, total market size for IFM market, revenue forecasts, market share analysis, market size split by FM type, market size split b...