28 May 2015  |  Global
LED Lighting will go Mainstream in 2015 and be a Fully Established Global Market by 2019
By late 2014, LED lighting was closing in on 40% penetration of the global lighting market. It was the second consecutive boom year, confirming the breakthrough in the key regions of Europe, North America, and China. Driven by enhanced controllability and energy efficiency, the revolution will continue and momentum will build throughout 2015. This ...
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18 Sep 2018  |  Global
LaaS is Set to Alter the LED Lighting Business Model; Human-centric Lighting Applications Will Drive the LED Market by 2024
The global LED lighting market is highly competitive and is driven by the demand for energy-efficient lighting, advanced lighting control, reduced prices and increasing awareness on the potential health benefits to human beings. LED manufacturers are adopting new business models to combat the drastic fall in prices of LED light sources. The global ...
29 Apr 2019  |  Global
Artificial Intelligence (AI), Voice Command Control, and IoT-enabled Lighting to Drive the Industry Forward
The homes and buildings (H&B) industry continues to evolve, driven by transformational technologies such as artificial intelligence (AI), machine learning, Internet of Things (IoT), data analytics, and the cloud. These technologies are significantly impacting smart homes, LED lighting, building automation, and building energy management markets. Ev...
31 May 2019  |  Asia Pacific
BAS to Endure with New Business Models and Smart Cities Development in Southeast Asia
The Southeast Asian building automation system (BAS) market is in its growth stage and presents a mixed bag of opportunities, which is marked by a high degree of regional variance with respect to market development and thus demand. This diversity necessitates customized solutions depending on the requirement of both the region and end user. The rap...
03 Jun 2019  |  Asia Pacific
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...
11 Apr 2018  |  Global
Virtual Voice Assistants, Artificial Intelligence, and Blockchain will Take the Industry to the Next Phase of Evolution
The homes and buildings (H&B) industry continue to evolve, driven by transformational technologies such as Internet of Things (IoT), data analytics, and the cloud. These technologies are significantly impacting the connected homes, LED lighting, building energy management markets. Even in traditional markets such as heating, ventilation, and air co...
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28 Jun 2018  |  North America
HVAC and Lighting Will Be the Primary Pillars of the Market by 2024
The North American energy saving and performance contracting market is currently in the growth stage and is expected to witness healthy growth between 2017 and 2024. The market is expected to grow at a CAGR of 7.34% between 2017 and 2024. A high rate of growth is due to the government support and policy initiatives toward energy performance contrac...
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24 Nov 2017  |  Asia Pacific
Increasing Adoption of DHC Creates Abundant Opportunities for Growth
District heating and cooling is not a new concept, but this technology is gaining traction in Asia in the current era of urbanization, energy insecurity, and climate change mitigation. The study period is 2014–2021, with the base year as 2016, and forecast period as 2017 to 2021. This research covers East Asia (Japan, South Korea, and Taiwan) and...
21 Dec 2017  |  Global
Energy Efficiency Initiatives and Converging Technologies will Establish Mass Adoption of BAS solutions
The global building automation systems (BAS) market is poised for healthy growth in the next five years. The key driving factors are growing use of internet of things (IoT) technology, the rising popularity of LED lights for utilization of energy efficiently, increased reliance on wireless technology, and concern for overall energy consumption in b...
05 Jan 2018  |  North America
Digitalization, Analytics, Smart Assets, and Materials Key Toward Smart Construction
Digital transformation journey has to be adopted in order to stay competitive. The building and construction industry productivity in general is largely left behind, compared to other industries, due to the slow digital transformation movement. Poor planning, lack of automation, insufficient communication, inadequate risk management, and unsophisti...