Smart Cities

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...

17 Jan 2017  |  Asia Pacific  |  Market Research

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  |  Market Research

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...

28 May 2015  |  Global  |  Market Research

World LED Lighting Markets (2015 Update)

LED Lighting will go Mainstream in 2015 and be a Fully Established Global Market by 2019

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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 ...

Abstract: Rapidly-evolving building technologies, together with key market participants pushing for technological advancement in order to gain a competitive advantage are the driving forces for Internet of Buildings (IoB). The growing emphasis on energy efficiency of buildings and strong regulatory support aim to achieve a completely integrated and...