- Building Management Technologies Research - Building Management Technologies Research Frost & Sullivan Asia-Pacific Integrated Facilities Management Market, Forecast to 2022 The Asia-Pacific integrated facilities management (IFM) market is witnessing stable growth, primarily supported by rapid growth and development of facilities management (FM) in developing markets, but offset by lower growth in mature markets. High construction activity and booming end-user sectors, coupled with the growing outsourcing culture and acceptance of higher-value IFM proposition among multinational companies (MNCs) and large corporations, are driving rapid growth of the IFM market in developing countries. In mature markets, the continuous demand for IFM via contract renewals and upcoming sectors adopting long-term partnerships with IFM providers are sustaining the market growth and demand. However, with the relatively low awareness among domestic end users, IFM market opportunities are limited to MNCs and large corporations and, to a certain extent, the public sector. The prevalence of single or bundled services as the preferred option among end users and service providers is deterring the development of the IFM market. The market is expected to be driven by sectors that see high participation by MNCs, as these are key adopters of and believers in integrated concept and solutions. Often, the adoption of IFM among MNCs in a sector/country influence and trigger interest among other larger corporations in that particular sector or country market. The commercial segment remains the strongest end-user sector due to the high number of MNCs operating in it and the maturity among its end-users. Key growth opportunities that are observed in the Asia-Pacific IFM market focus on cost efficiency, long-term partnership, service standardization, critical environment, and real-time analytics. The pressure on budgets, together with concerns on cost management and quality, is affecting FM expenditures on facilities. The region also observes a growing need for long-term partnerships in attempts to reduce FM expenditure.--BEGIN PROMO--

Research Scope

This study analyzes the Asia-Pacific IFM market, covering market drivers, restraints, forecasts, trends, and competitive landscape of the overall market. It also analyzes the market by region – Southeast Asia, Australia and New Zealand, and Japan and South Korea. The timeframe covered by this study is from 2015 to 2022, with 2017 being the base year.

Key Issues Addressed

  • Is the market growing? How long will it continue to grow, and at what rate?
  • Are the existing competitors structured correctly to meet customer needs?
  • Which are the factors contributing and deterring market development? How do these factors affect the market?
  • How will the structure of the market change with time? Is the market observing consolidation?
  • Are the products offered today meeting customer needs, or is additional development needed?
  • How do competitors operate in the market? Do competitors rely on any form of partnership to deliver the services?
Tue, 3 Jul 2018 00:00:00 +0100
North American Energy Saving and Performance Contracting Market, Forecast to 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 contracting and increased emphasis on energy savings across all the verticals in the North American market. HVAC and lighting are the most prominent energy conservation measures (ECM) accounting for 64.6% revenues in 2017. However, due to the operational cost savings achieved through the adoption of energy-efficient lighting, the demand for lighting technology is increasing and is expected to be the lead technology in the near future. Sustainable digital technologies to implement real-time data monitoring are gradually desired by the market and will have a growing presence in the near future. Large equipment manufacturers dominate the market; however, greater level of adoption is seen by contractors and engineering firms to become integrated solution providers for energy contracting. Market trends are analyzed for the study period of 2013 to 2024, with the base year being 2017. This study segments energy contracting market into energy-saving and energy performance contracting. These segments are further analyzed and divided into vertical markets and components offered as part of energy contracting. The vertical market analysis is available with revenue contributions over the study period for commercial & industrial, public housing, healthcare, further education, K-12 Schools, state/municipal, and federal segments. A structure by type of service providers is also available for the overall market. Few tier I companies mentioned in the energy-saving and energy performance contracting market competitive landscape include Johnson Controls, Honeywell, Siemens, Trane, and Ameresco. In addition to the industry challenges and drivers and restraints in the market, this study also highlights certain upcoming trends and technologies in the market. The study also discusses growth opportunities and how participants can capitalize on these emerging opportunities.--BEGIN PROMO--

Key Issues Addressed

  • What is the anticipated growth of the energy saving and energy performance contracting market between 2017 and 2024?
  • Which segment of the market has the largest share? Energy saving or Energy performance contracting?
  • What are the external forces influencing the market growth? How significant is their impact?
  • How do various end users drive the market revenue and what vertical markets will have the largest growth potential over the forecast period?
  • What energy conservation methods will represent the greatest growth potential over the forecast period?
Thu, 28 Jun 2018 00:00:00 +0100