Search results for: 'building energy saving technology market sip'

The 2020s have been dubbed the decade of energy storage, and 2024 confirmed this to be true. Battery energy storage CAPEX surged to $65.6 billion, up from $48.9 billion in 2023. This was achieved despite a reduction in battery pack costs in 2024 that meant project costs declined by around 10% across all geographies. The ongoing clean energy transit...

The global building construction robotics market is transitioning from proof of concept to selective deployment, shifting focus from technological feasibility to execution at the project and contractor level. Growth is influenced by the ability of firms to redesign workflows, manage human robot coordination, and embed robotics into site operations ...

The smart buildings industry is growing rapidly, spurred by technology advancements and the rising need for energy efficiency and sustainability. Building automation systems (BAS) are increasingly integrated with HVAC, lighting, and security systems with centralized platforms to maximize building performance and minimize energy use. This transforma...

The transformation of the homes and buildings industry encompasses a wide range of changes from net zero buildings to competitive intensity in smart home solutions. These strategic imperatives impact all industry participants, necessitating convergence with cross-industry players to advance homes and buildings. This calls for innovation in value pr...

The 2026 outlook for the building construction sector highlights a period of transformative change driven by accelerating digitalization, increasing sustainability requirements, and the growing adoption of industrialized delivery models. Rapid advances in AI, digital twins, and modular construction are redefining project execution by enabling highe...

Russia’s war on Ukraine has unlocked unprecedented growth opportunities for the Middle East as Europe steers away from Russia for energy supply. The European Union’s commitment to end its reliance on Russian energy by 2027 and its focus on renewables and hydrogen offer ME countries a strong business case for energy investments, given that the regio...

Hydropower will remain the leading source of electricity in Latin America throughout the forecast period (2024 to 2035), but renewable energy (RE) will experience substantial increases. Utility solar photovoltaic (PV) power and onshore wind dominate total investment. Latin America s offshore wind sector is far less developed than those of Europe or...

The COVID-19 pandemic accelerated digitalization in buildings. Driven by increasing demand for energy-efficient and sustainable buildings, the global Internet of Things (IoT) and artificial intelligence (AI)-based building automation systems (BAS) market is rapidly growing and holds the key to optimizing building performance, reducing energy consum...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in ultracapacitors, supercapacitors, immersion cooling technology for batteries, aem electrolysis, flywheels, small modular reactors, and quantum batteries, among others.The Energy and Power Systems TOE provide insights on the latest advances in the broa...