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13 Sep 2019  |  Asia Pacific

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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08 Nov 2019  |  Asia Pacific

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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22 Aug 2019  |  Asia Pacific

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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25 Nov 2019  |  Asia Pacific

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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26 Mar 2019  |  Asia Pacific

Growth Opportunities in APAC Water & Wastewater Services Market, Forecast to 2022

Expanding Capabilities and Service Network Key to Capturing a Transforming Market

The Asia-Pacific (APAC) water and wastewater services (WWWS) market, comprising water and wastewater treatment service offerings, such as design & engineering (D&E), operation and maintenance (O&M), and spare parts, for municipal operations and industries is growing steadily thanks to the region-wide economic development. The market is forecast to ...

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31 May 2019  |  Asia Pacific

Building Automation System Market in Southeast Asia, Forecast to 2023

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...

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03 Jun 2019  |  Asia Pacific

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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09 Dec 2019  |  Asia Pacific

Advanced Opportunities in the Urban Water Infrastructure Market in APAC, 2019

Rapid Urbanization, Increasing Population, and Efficiency Requirements are Driving the Need for Improvement in Urban Water Infrastructure

Urban water infrastructure in the Asia-Pacific (APAC) region is witnessing enormous investments in order to cater to the needs of the growing population and to address the challenges posed by rapid urbanization, and climate change. Key investments in the region are towards replacement of old pipes, expansion of existing pipe network, water treatme...

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28 Aug 2019  |  Asia Pacific

Australian Flexible Office Market, 2018

Rising Demand for Flexible Offices to Drive Market Opportunities for Property Services and ICT Solutions

More Australian offices are embracing flexible workplace options, driving the growth of Australia’s flexible office market. Key factors spurring market expansion include the changing work culture that is prioritising mobility and flexibility, including the trend away from long-term fixed leases towards more flexible terms, and the preference for ...

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30 Sep 2019  |  Asia Pacific

FM Boom in Southeast Asia—Focus on the Vietnamese Market, Forecast to 2023

A Hotspot for Facilities Management Driven by Economic Growth and Foreign Investments

he Vietnamese facilities management (FM) market is expected to record a growth rate of 5.5% in 2019. By 2023, the total market is expected to record a compound annual growth rate (CAGR) of 6.0%, reaching $470.8 million. Rapid growth in Vietnam’s economy is driving building construction in various sectors, such as healthcare, financial, industrial...

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