1. 29 Apr 2022  |  Asia Pacific  |  Market Research

    Asia-Pacific Facility Management (FM) Growth Opportunities

    Partnerships for Technology Strategy are Essential in Capturing New FM Prospects as Economy Recovers

    Growth in the Asia-Pacific Facility Management (FM) market is stable, driven by the rapid FM development in developing markets and offset by low growth in mature markets. The increase in outsourcing culture, supported by the continuous expansion of the asset base with new construction, contributes to a higher penetrable FM market base. Constantly...

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  2. 18 Nov 2021  |  Asia Pacific  |  Market Research

    Singapore Building Management System Growth Opportunities

    Disruptive Technologies and Competition from Start-ups Stimulate the Progression of Building Management Solutions

    The Singapore building management system (BMS) market is forecast to expand with a 7.2% CAGR for 2021–2027. Although the positive growth over the forecast period is attributable to recovery from the pandemic, it will not reach the market size of pre-COVID-19 years. Growth is lower due to slower recovery in the construction sector until 2027. Alth...

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  3. 11 Jun 2021  |  Asia Pacific  |  Market Research

    Southeast Asian Integrated Facilities Management Growth Opportunities

    Acknowledgment of Transformative Trends, Particularly Those Pertaining to Technology Adoption, will be Key to Service Providers’ Advancement in the Region

    The Southeast Asian (SEA) integrated facilities management (IFM) market is in the development stage of the growth life cycle, primarily supported by narrowing expectation gaps between IFM providers and end users, greater demand for energy efficiency, and regulatory support. Growth is also driven by the emergence of service providers that offer spec...

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  4. 23 Nov 2020  |  Asia Pacific  |  Market Research

    Southeast Asia Smart Street Lighting Market Calls for Convergence of Illumination and Information Technologies, 2020

    Data Monetization in the Street Lighting Market Propel Collaboration Among Strategic Industry Participants

    Upgrading public street lights to LED lights have resulted in energy savings. However, connected or smart street lights can achieve better energy efficiency and promote other applications, such as security, Wi-Fi, and data. Networked, adaptive street lighting solutions have emerged as a leading smart city application. Although replacing existing st...

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  5. 08 Sep 2020  |  Asia Pacific  |  Frost Radar

    Frost Radar™: Asia-Pacific Facilities Management Market, 2020

    A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

    In light of the COVID-19 pandemic, the built environment has reached a point inflection concerning health and safety improvements. Building occupants are increasingly cautious about their physical surroundings, including population density, air quality, and cleanliness. Facility management (FM) companies in Asia-Pacific (APAC) that provide tradi...

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  6. 25 Nov 2019  |  Asia Pacific  |  Market Research

    Australian Facilities Management Market, Forecast to 2025

    Self-delivery and Technology-driven Solutions to Support Market Growth

    The need to ensure regulatory compliance and the drive to extend asset life continue to support growth of the facilities management (FM) market in Australia. Stable demand from certain end-use sectors will underpin FM revenue growth. Recovery in the mining sector and sustained growth in healthcare services point to positive FM growth. However, skil...

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  7. 08 Nov 2019  |  Asia Pacific  |  Market Research

    Growth Opportunities in the Asia-Pacific Facilities Management Market, Forecast to 2023

    Adapting to Evolving Demands is Key to Capturing Market Presence

    The Asia-Pacific facilities management (FM) market is enjoying stable growth, primarily supported by rapid FM development in developing markets and offset by low growth in mature markets. The increasing outsourcing culture and growing asset base due to construction activity and greater familiarity of information technologies across most corporation...

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  8. 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

    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...

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  9. 22 Aug 2019  |  Asia Pacific  |  Market Research

    Southeast Asian LED Lighting Market, Forecast to 2023

    Government Initiatives and Support Will Drive Market Growth; Emerging Applications Will Create New End-user Segments and Expand Existing Ones

    The Southeast Asian LED lighting market has been growing steadily over the last few years, mainly due to government initiatives, rising demand, and infrastructure projects. The government offers strong support through incentives and regulations; financial support is provided to boost local manufacturers. Declining prices have resulted in rising con...

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  10. 03 Jun 2019  |  Asia Pacific  |  Market Research

    Transformation of the Lighting Market in Asia-Pacific, 2019

    LED Revolution, Smart Technology, and New Business Models Propelling a Paradigm Shift

    From traditional incandescent lamps to compact fluorescent lamps (CFL) to light-emitting diodes (LED) and laser diodes (LD), the lighting market has come a long way in the last 10 years. With growing LED adoption and increasing smart solutions, leveraging Internet of Things (IoT) and Light Fidelity (LiFi), the lighting market is going through a pha...

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