Environment

Increasingly stringent emission regulations and growing environmental awareness has been driving widespread adoption of clean energy solutions adhering to low carbon protocols. On the other side, growing urbanization and industrialization across the globe, which has led towards growth in consumption of goods, and materials, has resulted in a waste ...

The omnipresent influence of plastics in modern lifestyle has led to the production of about 300 million tons of fossil fuel-based plastics annually, according to the UN. About half of the total plastics produced till date are thrown away after a single use, and about 60% of the waste ends up in landfills or accumulates in the environment. It is pr...

The global energy demand from the building and construction sector continues to rise, mainly due to rapid expansion of buildings’ floor area and global climate change. Ambitious, yet compelling, zero energy buildings (ZEB) are deemed to directly and effectively address the global issues on climate change and energy scarcity. As defined in this...

With the growing human population, increasing urbanization, and industrialization, the requirement of fresh water for human consumption as well as for industrial usage has been on the rise. Increase in freshwater demand and the ongoing decrease in freshwater resources is expected to widen the freshwater supply-demand gap. Governments and industry ...

19 Nov 2020  |  Global

Digital Transformation and the Internet of Things Propel the Global Heating, Ventilation, and Air Conditioning Equipment Market, 2020

Strategies Centered on Solution-based HVAC Offerings and Clean Air for the Built Environment Create New Growth Opportunities

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Frost & Sullivan estimated HVAC equipment market revenue at $102.5 billion in 2019. Revenue is expected to grow at a nominal rate through 2026 to reach $140.6 billion. Demand for HVAC products because of climate change and the need for clean air in buildings is fueling market growth. Environmentally friendly, energy-efficient systems that save mone...

According to United Nations, around 2.2 billion people globally lack proper access to safe water services and another 2 billion people live in countries witnessing high water stress resulting in considerable number of fatalities due to water borne diseases, inadequate water purification, and lack of hygiene. Improving water utilities, and enhancing...

Capturing greenhouse gases from various emitting sources for storing them in geological formations and utilizing them in processes or as new products has been gaining interest among several industrial stakeholders in the last decade. This has been mainly driven by stringent regulations to curb industrial emissions (mainly carbon dioxide [CO2] and m...

03 Jul 2020  |  Global

Growth Opportunities in the Global Facility Management Market, Forecast to 2025

Preparing Facility Management Participants for Success After a Pandemic

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The global Facility Management (FM) market is going through a major transformation driven by technology innovation, new business models, emerging value propositions, competitive disruption, and creative new service offerings. In many parts of the world, FM services are commoditising and there is a need for innovation and new value propositions if s...

The gap between energy demand and supply is one of the major global challenges and simultaneously, the replacement of coal, oil and natural gas with carbon dioxide lean or neutral fuels has also become very crucial . The development of technologies accelerating renewable and sustainable energy generation provides alternatives to the current fuel s...