Industries

Frost & Sullivan estimates the global HVAC equipment industry at $229.85 billion in 2023 and is projected to grow at a 7% CAGR in the forecast period. The HVAC industry is undergoing a transformation that emphasizes energy efficiency, sustainability, and evolving customer demands in a post-pandemic world. HVAC systems offering real-time monitor...

The global facility management (FM) industry is facing a period of unprecedented transformation as a procession of megatrends and political, social, economic, technological, and environmental challenges affect markets. The FM sector is so vast and multi-faceted that it is hard to find a trend, event, or issue that does not affect FM operations. Wit...

Natural resource scarcity, the harmful environmental impacts of emissions, and discarded materials in landfills and water bodies are pressing global challenges. The lighting industry significantly contributes to eWaste and pollution, including greenhouse gases and used materials from parts. This challenge warrants adopting circular economy principl...

According to the World Health Organization, groundwater and surface water are commonly contaminated with heavy metals and other emerging contaminants. For instance, arsenic is present in very high concentrations (more than 10 micrograms per liter) in groundwater in the United States, Mexico, Argentina, Vietnam, India, and China, affecting the drink...

This study provides an update about the facility management (FM) market in Singapore. The cost of FM services in Singapore has increased from 2017 to 2019. Although this increase has been minimal without much impact, it has driven innovation and strategy planning to improve cost efficiency, service delivery, and quality of services. Cost is one of...

15 Jul 2020  |  Asia Pacific

Analysis of the Growth Strategies of ASEAN-6 Facilities Management Companies, Forecast to 2025

Identifying Strategies to Cope with the Transforming Competitive Market and Global Situation

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Key Issues Addressed

The future of facilities management (FM) will require stringent monitoring of visitors, workspace management, consistent cleanliness and hygiene, and holistic security to manage any future threats similar to COVID-19. This study focuses on presenting the competitiveness of FM providers through a selection of strategic criteria that respond to under...

17 Jun 2020  |  Asia Pacific

Business Model Innovations in the Building Construction Industry, 2020

Technological Advancement and a Vision for Sustainability will Drive Change in Building Construction Business Models

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Asia-Pacific is expected to record substantial building construction development in the next five years despite some impact from the COVID-19 pandemic in 2020. This is mainly impacted by the rapid urbanization and heavy investment in the region. The building construction industry is facing several challenges such as declined project productivit...

Developing Asia has a large population with lower access to clean and uninterrupted supply of water that can be used for drinking. This has resulted in a large market for bottled water, including bottled water coolers that use large plastic cans. This, in turn, has led to the region being one of the largest plastic polluters in the world, hinting a...

People flow solutions (PFS) is a term newly introduced in the building systems industry. It generally defines the technologies or solutions applied for people flow control and management in and outside of a building. PFS has an increasingly significant role to play in conjunction with the rapid urbanization, where human and road traffic are getting...