Smart Cities

28 Jun 2018  |  North America

North American Energy Saving and Performance Contracting Market, Forecast to 2024

HVAC and Lighting Will Be the Primary Pillars of the Market by 2024

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Key Issues Addressed

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...

Facilities Management (FM) can be defined as the services associated with running or maintaining a facility, such as janitorial, engineering, security, environmental, landscaping, and other related services. The Asia-Pacific (APAC) region is a mix of mature and developing markets for FM, with the developing nations recording higher growth rates in ...

21 Dec 2017  |  Global

World Building Automation Systems (BAS) Markets, Forecast to 2022

Energy Efficiency Initiatives and Converging Technologies will Establish Mass Adoption of BAS solutions

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Key Issues Addressed

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...

The Egyptian economy has witnessed a significant GDP growth increasing from 2.1% in 2012/13 to 4.2% in 2014/15 due to improving political conditions and introduction of heavy energy subsidies for the development of energy intensive industries. According to the Ministry of Finance, the 2016-2017 budget estimates a total expenditure of $98.4 billion ...

The elevator market in Southeast Asia is at the growth stage. Of the four countries covered in the study, Thailand led the elevator demand in Southeast Asia by revenue and market share. This is followed by Vietnam, Indonesia, and the Philippines in descending order. Although the Philippines has the lowest share, it is expected to register the faste...

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...

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...

Building Energy Management (BEM) has emerged as a fast growing sector with increasing emphasis on improving energy efficiency and sustainability across industries. Both emerging participants and start-ups have introduced innovative energy management solutions that include IoT platforms, energy dashboards, and cloud services to lead innovation effor...