- Building Management Technologies Research - Building Management Technologies Research Frost & Sullivan Global LED Lighting Market (2018 Update) The global LED lighting market is highly competitive and is driven by the demand for energy-efficient lighting, advanced lighting control, reduced prices and increasing awareness on the potential health benefits to human beings. LED manufacturers are adopting new business models to combat the drastic fall in prices of LED light sources. The global LED lighting market was estimated at $52,139 million in 2017, and grew by 10.2% from 2016.--BEGIN PROMO--

Research Scope

This study provides a detailed analysis, covering seven application segments (residential, retail, architectural, outdoor, office, industrial, and hospitality) in five regions (North America, Europe, Latin America, the Middle East and Africa, and Asia-Pacific). The study also focuses on the technology roadmap, distribution channel by application, price trends, and growth opportunities and provides an in-depth breakdown of revenue and competitive landscape by region.

Key Issues Addressed

  • What is the anticipated growth of the market between 2017 and 2024?
  • What external forces affect market growth and how significant is their impact?
  • What is the technology roadmap for LED lighting in this decade?
  • What is the global average pricing trend of a LED light source and what influences pricing?
  • Who are the key market participants and what are their competitive strengths?
  • What are the macro and micro trends and their implications on the global LED lighting market?
Tue, 18 Sep 2018 00:00:00 +0100
Growth Opportunities in the Nordic Region Facility Management Market The facility management (FM) market in the Nordic region is one of the most advanced in the world, but it's also one of the most mature and revenue growth is becoming hard to find. Companies need to innovate around technology, new business models, emerging value propositions, and creative new service offerings to find ways to deliver profitable and sustainable growth in the long term. The Nordic FM market also has one of the most competitive supply bases with a blend of local and international participants operating alongside each other. FM services are commoditizing and organic growth is limited which means only the most dynamic firms will keep growing and remain profitable. The industry will continue to move towards service integration and sophisticated advisory services focused on business productivity. The hard (technical) services market will grow more quickly than the large mature soft (support) services market and Finland and Norway will be the fastest growing countries in the region. At the same time, M&A activity will continue.--BEGIN PROMO--

Research Highlights

This study takes a deep look at the growth opportunities in the Nordic (Denmark, Finland, Norway and Sweden) FM market in the wake of these market transformations and disruptions. The study includes growth forecasts, service segmentations, comprehensive market metrics, competitive analysis, service trends, customer sector trends, and a mapping of the most attractive opportunities for growth until 2025.

This study also looks at opportunities in adjacent and converging service markets, such as energy management, sustainability, FM technology, and workplace change management. All of these will have a transforming effect on FM in the Nordics over the coming years.

Key Issues Addressed

  • Which are the fastest growing service delivery models for FM services in the Nordic region?
  • How will the FM market evolve until 2025, in terms of growth opportunities?
  • What will the competitive landscape look like by 2025 and what type of companies will be leading the way?
  • Which are the fastest growing customer segments and in which Nordic countries?
  • What types of services will see growth and which will be the most challenged by the maturation of the market?
  • How will suppliers react to the need for dynamic new value propositions in the marketplace?
  • What impact will technology and new business models have on the future of FM in the Nordics?
  • What are the 5 most attractive growth opportunities for FM services in the Nordic region?
Tue, 11 Sep 2018 00:00:00 +0100
North America Building Technology Buying Processes and Bid Spec Process Evaluation, 2017 This research service offers in-depth understanding of the practices, challenges, process influencers, and opportunities pertaining to intelligent building (IB) design and implementation. The concept of IBDI processes was examined from the perspectives of building owners, occupants, vendors, service providers, and industry associations. It was found that the lack of efficient design and communication among the key stakeholders was the major challenge encountered by companies during the design and implementation of IB. Adopting a traditional approach rather than a collaborative approach to project management is the main reason for sub-par project efficiency and limited technology advancements. Traditional design and implementation processes are inadequate to meet the needs of dynamic entities such as IBs. It was noticed that only 30 percent of respondents followed best practices during the implementation of the project. Therefore, to improve the design and implementation processes, traditional silo-based approaches need to be abandoned in favor of a strategic and holistic view of the projects, beyond first costs. An integrated approach will help dissolve the barriers that isolate the design and implementation stages by bringing together all participants and their various knowledge and skills. In addition to that, it was seen that architects, design and build contractors, and technology consultants are the top three partners that influence the design specifications. The level of influence of these three is higher in new construction activities than renovation and retrofit projects. In terms of technology, lighting and HVAC is anticipated to be the leading technologies for future renovations, tenant fit outs, and new installations.--BEGIN PROMO--

Research Highlights

The key focus areas of the project include the following: 

  • Evaluating the benefits of adopting proper design and implementation practices
  • Understanding various design processes currently in use and the ways to improve their adoption
  • Addressing issues and challenges stated by value chain participants and determining ways to mitigate them
  • Determining opportunities for collaborations and partnerships to resolve common challenges

Key Conclusions

The study presents the importance and implications of adopting the best design practices and implementation methods that could increase the adoption of the IB technologies and services. Frost & Sullivan hopes these findings will encourage vendors and service providers to consider incorporating IB design elements and implementation measures to create buildings that serve the holistic needs of occupants.

Fri, 31 Aug 2018 00:00:00 +0100