Industries

In this study, Frost & Sullivan examines the market of low voltage switchgear (LVSG) components that include protection and switching devices such as air circuit breakers (ACB), molded case circuit breakers (MCCB), miniature circuit breakers (MCB), residual current circuit breakers (RCCB), contactors, and other surge protection and control devices ...

Construction management software is a vital project management tool including a suite of software and applications specifically designed for construction industry stakeholders to reduce paperwork, mitigate costs, improve labor productivity and safety, and automate and streamline tasks, workflows, and data across the project lifecycle. The software ...

The global building construction market saw a decline in output in 2020 due to the COVID-19 pandemic. However, following the reopening of economic activities in 2021, market recovery in many countries resulted in an extraordinary growth of 14.7% that year. The market will register a CAGR of 5.8% from 2022 to 2028. Three major strategic imperatives...

The Southeast Asian building management system (BMS) market is growing due to increasing urbanization, industrialization, and the emphasis on energy efficiency and sustainability. Industry convergence and the emergence of new technologies have contributed to a sharp increase in the adoption of digital solutions in buildings, thus boosting demand fo...

This Frost & Sullivan study explores the lighting industry's dynamic landscape, with a focus on the adoption of digital technologies to revolutionize lighting systems for built environments. Frost & Sullivan estimates the market to grow at a compound annual growth rate (CAGR) of 18.4% between 2022 and 2028. The escalating global demand for energy-...

Droughts, heat waves, and inadequate rainfall have caused water stress worldwide. This has led governments and utility companies to regulate water supply for industries and domestic needs to improve water availability. As such, end customers are transitioning from conventional, centralized W&WWT systems to sustainable, decentralized solutions to di...

The facility management (FM) market in Thailand is still developing, and various opportunities linked to expanding economic sectors, such as industrial and healthcare, support its growth, along with end-users’ increasing maturity. As the outsourcing culture gains wider acceptance and the market continues to expand in response to infrastructure in...

The anaerobic digestion market in the United States and Canada is growing rapidly and will continue expanding. Both countries are leveraging the potential of biogas produced through the anaerobic digestion (AD) of energy crops, agricultural waste, organic waste, and sewage sludge. As national programs aim to reduce methane emissions and align with ...

06 Jul 2023  |  Global

Global BIM and Digital Twin for Built Environment Growth Opportunities

The Dynamic Duo will Transform the Future of Digital Building Life Cycle Management

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Key Issues Addressed

BIM and digital twin are complementary technologies transforming the AEC industry by enabling collaborative design, improving project efficiency, and enhancing asset performance. BIM provides a comprehensive 3D modeling and data management platform, while digital twin extends it with data integration, optimization, simulation, and 3D virtual experi...