Smart Buildings

The energy management market in Asia-Pacific is on a growth trajectory and is expected to grow at a CAGR of 24.2% between 2017 and 2021 to reach a revenue of $6.5 billion. Energy efficiency, which can be defined as using less energy for the same or increased output, is increasingly being recognized as one of the most important and cost-effective so...

29 Mar 2017  |  Europe

Growth Opportunities in the UK Facility Management Market

Market Transformation Driven by Convergence of FM with Workplace Change Management to Offer Business Productivity

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The facility management (FM) market in the United Kingdom is going through a transformation driven by technology innovation, new business models, emerging value propositions, and creative new service offerings. The UK FM market is one of the most developed and mature in the world with a highly competitive international supply base. FM services ar...

17 Mar 2017  |  Asia Pacific

Australian Facilities Management Market, Forecasts to 2023

Technology-aided Value-added Solutions Prompts FM Market Development

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The Facilities Management (FM) market in Australia has relatively high outsourcing rate due to the number of mature end-user sectors. However, due to its market nature and cost pressure, the split between in-house and outsourced FM is unlikely to change during the forecast period. During the forecast period, the market is expected to be fueled by d...

28 Feb 2017  |  Global

Global LED Lighting Market (2017 Update)

Driven by IoT, LaaS will Usher in Connected Lighting and Living by 2023

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This study provides an in-depth analysis of the global LED lighting market in 2016, covering 7 application segments (residential, retail, architectural, outdoor, office, industrial, hospitality) in 5 regions (North America, Europe, Latin America, the Middle East and Africa, and Asia-Pacific). After evaluating the market size for 2016 to be $ 47,303...

The homes and buildings (H&B) industry continues to evolve, driven by transformational technologies such as Internet of Things (IoT), Big Data, data analytics, and the cloud. These technologies are significantly impacting the connected homes, LED lighting, and building automation markets. Even in traditional markets such as heating, ventilation, an...

23 Feb 2017  |  South Asia, Middle East & North Africa

Analysis of the LED Lighting Market in the GCC, Forecast to 2020

Energy Efficiency, Downtrend in LED Lighting Prices, and Increased Acceptability are Driving the Market

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The LED lighting market in the GCC is a high-growth market, which is driven primarily by increased functionality, energy efficiency targets, and increasing awareness among customers. Currently, LED lighting accounts for only 37.6% of the total lighting market in the GCC region; however, it is expected to be a high-demand lighting technology across ...

17 Jan 2017  |  Asia Pacific

SEA Integrated Facilities Management Market, Forecast to 2021

Demand for Cost and Energy Efficiency Propels IFM Sophistication

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The Integrated Facilities Management (IFM) market in Southeast Asia (SEA) is set to grow steadily until 2020. Rapid growth can be expected in developing economies such as Thailand and Indonesia, while advanced IFM markets in Malaysia and Singapore provide available opportunities due to rapid building modernization and energy-efficiency goals. Colle...

03 Jan 2017  |  Asia Pacific

BEMS Market in Southeast Asia, Forecast to 2020

Rise in Electricity Prices, Boom in Building Construction, and Energy Services to Result in Near Doubling of Overall Revenues for the Building Energy

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The Southeast Asian Building Energy Management Systems (BEMS) market currently in the nascent stage is expected to grow strongly at a CAGR of 10 to 15% from 2015 and 2020. The market is expected to be worth more than $180 million by 2020. In addition to rising electricity price and expanding buildings construction and energy services, demand will b...

Guestroom automation in Indian hotels has gained momentum in recent years, mainly due to rising concerns regarding customer satisfaction, which is the motto of the hospitality industry. Although initial costs are high and hinder swift market growth, increasing awareness about the long-term benefits of hotel guestroom automation will eliminate barri...