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Frost & Sullivan: Building Analytics, Cloud Services and Smart Grids Set to Enhance Building Automation Systems in Europe

Опубликовал в блог Обзоры от Frost & Sullivan
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                           Focus grows on consulting and predictive maintenance services

LONDON - Manufacturers of building automation systems (BAS) across Europe are taking their solutions to the next level by using supporting infrastructures such as wireless control devices, cloud services, building analytics software, smart grids, and vertical farming systems. Among these supporting infrastructures, building analytics, the cloud and smart grids are likely to play the most important role in strengthening the BAS market over the next four years.

New analysis from Frost & Sullivan, Enhancing Building Automation in Europe: Role of Supporting Infrastructures, finds that the market earned revenues of $1.84 billion in 2013 and expects this to grow at a compound annual growth rate of 3.5 percent until 2018.

«BAS that use wireless control devices are gaining traction across Europe as they enable end users to easily reach remote and previously inaccessible parts of buildings as well as boost safety in hazardous industrial environments,» said Frost & Sullivan Industrial Automation & Process Control Research Analyst Krishna Raman. «BAS that are integrated with building analytics are also becoming popular especially in the education and public sector due to the ability of these solutions to track and predict energy consumption patterns, pinpoint defective modules, and measure compliance to building efficiency standards.»

In addition, some vendors are turning to cloud services and acquiring smart metering capabilities to integrate buildings with smart grids. They are also looking to integrate BAS with control systems for vertical farms by 2016 in order to enhance energy, water and waste management efficiency in buildings.
One of the main concerns of market participants, however, is the lack of awareness among some end users on the advantages of investing in BAS.

«BAS manufacturers should offer consulting and predictive maintenance services to increase customer satisfaction and boost revenues,» opined Raman. «They must also expand their competencies through mergers and acquisitions to retain customers in the European building automation market.»
If you are interested in more information on this study, please send an email to Julia Nikishkina, Corporate Communications, at julia.nikishkina@frost.com.

Enhancing Building Automation in Europe: Role of Supporting Infrastructures is part of the Industrial Automation & Process Control (www.industrialautomation.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: ANZ Automation Services Market, Southeast Asia Automation Services Market, Automation and Control Solutions Market in the Commonwealth of Independent States, and Global Automation and Control Systems (ACS) Market in the Upstream Oil and Gas (O&G) Industry. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our «Growth Partnership» supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
·        The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
·        The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
  
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Rising Demand for Advanced Residential Water Treatment Equipment in Asia-Pacific Keeps Suppliers on their Toes, Finds Frost & Sullivan

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Southeast Asian countries, in particular, offer immense market potential due to questionable water quality in the region
Kuala Lumpur, Malaysia – Growing concern over potable water purity and increasing awareness on the benefits of water treatment are driving the residential water treatment equipment (RWTE) market in Asia-Pacific. In countries such as Japan, Australia and New Zealand, where the market is reaching maturity, technology mergers and product enhancements will be key selling points, resulting in slower but stable growth rates.

New analysis from Frost & Sullivan, Residential Water Treatment Equipment Market in Asia-Pacific (www.frost.com/p861), finds that the market earned revenues of US$3.07 billion in 2014 and estimates this to reach US$4.84 billion in 2020. Compact, economical, and effective point-of-use (POU) products dominate the overall market. The study also covers point-of-entry (POE) equipment and pitchers.

For complimentary access to more information on this research, please visit: corpcom.frost.com/forms/APAC_PR_DJeremiah_P861-15_16July15.

“Low customer confidence in municipal water infrastructure systems is opening up opportunities for the RWTE market, especially in Southeast Asia,” saidFrost & Sullivan Environment and Building Technologies Industry Analyst Janice Wung. “Consumers in developed countries, and to a certain extent urban end users from Southeast Asian countries such as Bangkok, are willing to pay a premium price for advanced solutions, further driving profitability for RWTE suppliers.”

Top global equipment manufacturers remain leaders in the Asia-Pacific market with their strong brand equity and well-executed expansion plans. However, the number of domestic market participants continues to surge as emerging vendors perceive the market to be lucrative.

The presence of a large number of suppliers offering homogenous products is intensifying price competition. Misleading claims on RWTE features may also lead to a breakdown of trust among consumers and cause them to look for alternative solutions.

“To build credibility, large RWTE companies are investing in R&D to improve solutions in terms of user-friendliness and functionality,” stated Wung. “Beyond these product advancements, they must also deliver robust after-sales services to tip the scales in their favour and attract customers in the cut-throat Asia-Pacific RWTE market.”

Residential Water Treatment Equipment Market in Asia-Pacific is part of the Environment & Water(ww2.frost.com/research/industry/environment-building-technologies/environment-water) Growth Partnership Service program. Frost & Sullivan’s related studies include: Water & Wastewater Treatment Market in the Australian Resources Sector, Aquatic Game Changer: The Internet of Water in Asia-Pacific—A CEO's 360 Degree Perspective, and European Water Utility Services Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
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HVAC Equipment Relies on Energy Efficiency to Produce Gains

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Frost & Sullivan finds signing of strategic partnerships will also improve the HVAC market

The demand for energy-efficient systems and rise in consumer confidence has increased the uptake of heating, ventilation and air-conditioning (HVAC) equipment. Homeowners and end users from the construction and commercial verticals are increasingly seeking out technologically innovative solutions as replacement products. Consequently, HVAC equipment suppliers are diversifying their portfolios with respect to system design and technology.

Recent analysis from Frost & Sullivan, Analysis of the Global HVAC Equipment Market (www.frost.com/nf5e), finds that the market earned revenues of $80.67 billion in 2014 and estimates this to reach $108.93 billion in 2020, despite its maturity. The study covers unitary equipment, applied equipment, chiller equipment, heat pumps and ductless systems. While unitary equipment dominates the market, it will lose share to ductless systems in the forecast period.

For complimentary access to more information on this research, please visit: bit.ly/1WSavjx

For HVAC equipment manufacturers, keeping pace with market trends such as the adoption of smart technologies is key to capturing market share. Expanding sales channels through partnerships and acquisitions will also bode well for industry players.

“HVAC equipment manufacturers are resorting to consolidation to establish a stronger market presence,” said Frost & Sullivan Energy & Environment Research Analyst Aanchal Singh. “Mirroring the increased integration of equipment and technology, vendors are expected to consolidate with smaller technology firms to build a stronger HVAC business unit offering turnkey solutions.”

In addition to market consolidation, the major vendors will have to contend with budget-constrained commercial and institutional consumers that tend to favor products with low initial costs over those with low lifecycle costs and the ability to yield long-term savings.

“Closing the gap in consumer knowledge on the changing complexities of HVAC systems and its long-term benefits will be necessary,” concluded Singh. “Maintaining long-standing contractor relationships, impeccable delivery time and robust support services will be an essential component of vendors’ business success.”

Analysis of the Global HVAC Equipment Market is part of the Building Management Technologies(ww2.frost.com/research/industry/environment-building-technologies/building-management-technologies) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Low-voltage Switchgear Market, World Light-emitting Diode Lighting Markets, Global Integrated Facility Management Market, and Global Emergency Lighting Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
·        The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
·        The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
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China’s Intensifying War on Air Pollution Stimulates the HVAC Filter Market, Finds Frost & Sullivan

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High competition from local players compel global participants to target niche applications

Shanghai, China – Severe spells of haze-smog and concerns that the particulate matter in China is well above the approved limit of 35 micrograms per cubic meter have prompted the Government to issue new air quality standards. These standards are aimed at protecting and improving the environment as well as quantitatively analysing atmospheric environmental pollution. The stringent standards and legislations will have a direct impact on the revenue growth of the heating ventilation, air conditioning (HVAC) air filters market, especially in the high-end segment.

New analysis from Frost & Sullivan, Chinese HVAC Filter Market (www.frost.com/sublib/display-report.do?id=MBBE-01-00-00-00&src=PR), finds that the market earned revenue of $840.0 million in 2014 and estimates this to reach $1.62 billion in 2022, at a compound annual growth rate of 8.5 percent. In this research, Frost & Sullivan's analysts thoroughly examine the market segments of standard filters, high efficiency particulate air filters (HEPA), and gas phase filters.

For complimentary access to more information on this research, please visit: http://corpcom.frost.com/forms/CHN_PR_JZheng_MBBE_02March16

Due to the continued transfer of worldwide manufacturing to China, the industrial sector is also one of the biggest polluters as well as adopters of air filters. The most lucrative markets are electronics, especially semiconductors and flat panel display (FDP), and pharmaceutical manufacturing. Meanwhile, the standard and gas phase segments will get a boost from the sizeable growth in the commercial and residential buildings segment.

“As a result of the vast market demand, the competitive landscape in China has been changing, with local manufactures gaining market share over international participants,” saidFrost & Sullivan Energy & Environment Research Analyst Gautham Gnanajothi. “As the air filter market in China is price driven, the global majors have been forced to develop new pricing strategies.”

The impact of this price pressure is felt mostly in the affordable low- and medium-efficiency filters segment, where price is a key purchasing criterion. In the high-efficiency filter segment, the price is based on the media used. Some manufacturers, mostly local, source the filter media locally, which enables them to offer economical products.

Further, the variation in price depends on the region and the intensity of competition there. For instance, the price decline over the past couple of years has been steep in South China and East China, as there are more numbers of manufacturers and therefore, competition, in those regions.

“To stave off the competition from local participants and gain an edge in the market, it is critical to target niche applications such as nuclear or biological clean rooms, which have stringent requirements,” noted Gnanajothi. “In due course, the competition from local participants will reduce, mainly for high-end filters, as certification requirements, national standards, legislation and regulations are becoming stringent.”

Manufacturers need to constantly take initiatives to educate end users on the benefits of their innovative technologies. These efforts and frequent innovations will go a long way in sustaining the rapid growth of the HVAC filter market.

Chinese HVAC Filter Market is part of the Building Management Technologies (ww2.frost.com/research/industry/environment-building-technologies/building-management-technologies) Growth Partnership Service program. Frost & Sullivan’s related studies include: Transformational Trends in the Global Building Energy Management Solutions Industry, European HEMS and BEMS Market, Global Smart Gas Meters Market, Global Demand Response Trends, and Beijing Data Center Services Market Analysis. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
·        The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
·        The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
 
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Frost & Sullivan Lauds Siemens’ Exemplary Performance in the Building Technologies Industry, Bolstered by its Customer Value Enhancement-focused Innovation

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Siemens BT offers a variety of attractive products, solutions, and services to optimise the energy cost, comfort, and overall performance of buildings
LONDON, U.K. — Based on its recent analysis of the building technologies market, Frost & Sullivan recognises Siemens Building Technologies with the 2015 European Frost & Sullivan Company of the Year Award. Siemens’ advanced integrated building management platform, Desigo CC, along with its cloud-based energy and sustainability management platform, Navigator, has emerged a game-changer in the building technologies market. The Desigo CC solution has proven highly successful commercially, with the number of customers connected to this platform almost doubling in just one year.

Siemens launched its energy efficiency services in response to multinational companies’ need to control their entire enterprise and access information on energy usage and performance. Siemens’ services are enabled by Navigator, which can be placed on top of any building management system, such as Desigo CC. The Desigo CC, meanwhile, connects all systems in a building, extracts data across the organisation, analyses it, converts it to actionable insights, optimises results, and communicates them to executives for seamless performance monitoring. The solution is built on an open architecture technology that manages a building’s heating ventilation and air conditioning (HVAC), fire safety, security, power, and lighting systems.

«Siemens follows an innovative triangulation approach that involves the building management system (BMS), energy efficiency services, and enterprise resource planning (ERP) tools to address customer needs and achieve tangible results,” said Frost & Sullivan Senior Industry Analyst Gautham Gnanajothi. “This unique method fulfils the requirements of building owners and transforms a conventional building into a smart building.”

Siemens’ dedicated team for innovation and technological development has identified three key Mega Trends through in-depth and extensive analysis:  Electrification, Automation, and Digitalisation. The company has based its business on the Electrification trend but will embrace Automation and Digitalisation going forward.

Siemens has already realigned its organisational structure to exploit the potential of digitalisation by including data-driven services, software, and IT solutions in its portfolio. These services will help it to convert Big Data generated by billions of devices into tangible opportunities. This realignment has also allowed it to fast-track decision making and implement significant improvements to its productivity across all business units. 

“Siemens’ distinct approach towards energy cost savings is a great example of its customer value enhancement strategy,” remarked Gautham. “It takes responsibility for the entire life cycle of the building rather than just the maintenance, which means that it guarantees energy consumption savings right at the investment phase. If the customer does not achieve the proposed cost savings, Siemens will pay back the difference.»

One of the key differentiating customer service benefits for Siemens is its extremely wide network; all of its 400 global locations are multifaceted and have strong service capabilities. Furthermore, Siemens has a robust customer feedback mechanism. It has consistently increased its net promoter score (NPS) globally by 3% to 5% every year and achieves high levels of customer satisfaction by delivering actionable customer insights to employees at various levels throughout the organisation.

For its overall excellence in the building technologies market, Frost & Sullivan is pleased to present Siemens Building Technologies with the 2015 European Frost & Sullivan Company of the Year Award.

Each year, Frost & Sullivan presents this award to the company that has demonstrated superiority in devising and implementing a strong growth strategy. The recipient has shown strength in terms of innovation in products and technologies, leadership in customer value, as well as speed in response to market needs. In short, the award looks at the emerging market participants in the industry and recognises their best practices that position them for future growth.

Frost & Sullivan Best Practices awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Siemens
Siemens AG
 (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2015, which ended on September 30, 2015, Siemens generated revenue of €75.6 billion and net income of €7.4 billion. At the end of September 2015, the company had around 348,000 employees worldwide. Further information is available on the Internet at www.siemens.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure. 
·        The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation. 
·        The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
 
 
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Growth Surge for Energy-efficient Technologies in Building and Transport Sectors

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Retrofitting in plants will buoy the market for energy-efficient solutions in the mature industrial sector, finds Frost & Sullivan


Kuala Lumpur, Malaysia – The market for energy efficiency may have slowed a bit in the industrial sector but in the transport and building sectors, it is all set to grow sharply. With building energy consumption accounting to approximately 40 percent of the total energy consumed in both Europe and North America, the building sector is garnering significant attention from policy makers and technology developers. Similarly, the intensifying demand for fuel efficiency and better road, air and seaway connectivity has necessitated superior machine handling and operation, driving the adoption of energy-efficient engines and vehicles.

New analysis from Frost & Sullivan, Energy Efficiency in Transport, Buildings and Industry (www.frost.com/sublib/display-report.do?id=D6B5-01-00-00-00&src=PR), finds that governments globally are actively promoting energy efficiency through programs such as star rating for equipment and designing of energy efficient buildings. They have also introduced numerous policies mandating low energy consumption and are conducting awareness campaigns for their citizens.

For complimentary access to more information on this research, please visit: corpcom.frost.com/forms/APAC_PR_CLow_D6B5_28Jun16.

Energy efficiency initiatives enjoy considerable government support all over the world, which is evident from the roll out of programs such as the ecoENERGY Efficiency for Industry program in Canada, Low Energy Apartment Futures (LEAF) in Europe and China Utility-Based Energy Efficiency Finance Program (CHUEE) in China. Most of the government programs provide tax incentives and grants to industrial participants as well as the citizens.

“Countries such as Singapore, the US, India and Canada have specific home and building energy programs. Building energy efficiency and management technologies have benefitted greatly from the government programs and schemes” said TechVision Research Analyst Guhan Sriram R V. “However, it is vehicle efficiency that is gaining the attention of technology developers and government bodies. A considerable portion of the funds is directed towards vehicle and engine efficiency. Canada, Europe and the US have a lot of programs targeted at improving vehicle efficiency.”

Urbanization has caused an increase in the number of commercial and light duty vehicles, which obviously, have absorbed a sizable portion of the investments made to improve fuel efficiency. Another outcome of the urbanization is the growing interest towards smarter and energy efficient buildings. Most of the innovations would be towards automation and better equipment control. Building materials, air handling units and building temperature control are few areas those hold the key to improve energy efficiency in buildings.

“The Southeast Asian nations are emerging as a highly enthusiastic set of adopters of energy-efficient products,” noted Sriram. “In future, better energy policies and sizable funding are likely to attract investors and new technologies to this region.”

Energy Efficiency in Transport, Buildings and Industry, part of the TechVision (Sustainable Energy) subscription, analyzes the adoption of energy efficiency solutions in the three major market segments: transportation, buildings and industries. The analysis is based on six dimensions: intellectual property analysis, funding, market potential, impact of Mega Trends, region-wise adoption and sector-wise adoption.

Frost & Sullivan's global TechVision practice is focused on innovation, disruption and convergence and provides a variety of technology based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision program, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision program is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth. View a summary of our TechVision program by clicking on the following link:ifrost.frost.com/TechVision_Demo.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
    
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Next-Gen Solutions Will Transform Facility Management Market within 5 Years

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The global outsourced FM market will near $1 trillion by 2025, with integrated FM as the fastest growing segment, finds Frost & Sullivan’s Energy & Environment Team 

LONDON – The next 5 years will be defining ones for the facility management (FM) market. As services mature and commoditise, innovation through new business models, technology deployment, and more sophisticated value propositions will be critical for growth. Enabling technologies such as Internet of Things (IoT), Big Data and advanced connectivity will drive efficiency for both service suppliers and clients, while changes to both the future workplace and workforce create robust opportunities for integrated workplace change management solutions. Partnerships, collaboration and mergers and acquisitions (M&As) will increase to facilitate service integration, convergence with energy management, delivery of business productivity, smart technology, and internationalisation of contracts. Successful suppliers will position themselves as client advisors on business productivity in order to provide a value proposition beyond mere cost management.
New analysis from Frost & Sullivan, The Future of Facility Management (www.frost.com/sublib/display-report.do?id=MBEB-01-00-00-00&src=PR), finds that the market will touch $945.11 billion by 2025 with integrated FM (IFM) as the fastest growing segment. The study examines 8 trends transforming the FM market and envisions the industry in ten years’ time. The research offers growth projections, a vision of future competition, technology impact, emerging business models, and details the key Mega Trends shaping the market.
“Increasing price competition that erodes market share and profits compel FM service providers to focus on the retention and growth of existing customers by leveraging technology,” saidFrost & Sullivan Energy & Environment Partner John Raspin. “Anything as a Service or XaaS business models will allow first-movers to own and re-define customer relationships.”
Region-wise, the fastest growing FM markets will be APAC and the Middle East even as North America and Europe continue to lead in terms of innovation. Further:
·        Europe will exhibit the highest rate of M&A activity.
·        North America will see service integration enhance efficiency and margins as single-service markets stagnate.
·        The dynamic FM market in APAC will be driven by economic growth, commercial construction, and a rising culture of service outsourcing.
·        Markets such as the UK and the Nordics will be forerunners in workplace optimisation and business productivity as local participants innovate to overcome commoditisation of FM.
·        High growth in the Middle East will be fuelled by construction activities and strong presence of multi-national firms.
“Demanding and complex regulations will encourage top companies to outsource compliance to capable FM providers and sustainability service firms,” added Raspin. “This will enable the FM market to also be a driver for sustainability management”.
Overall, the global outsourced FM market will become a complex marketplace worth almost $1 trillion by 2025, with bundled and integrated services accounting for a combined 35% of total revenues.

The Future of Facility Management is part of the Home & Buildings Growth Partnership Service program. Frost & Sullivan’s related studies include: The Future of Lighting, 2016 Global Homes and Buildings Industry Outlook, European Energy Savings Contract and Performance Contracting Market, DC Distribution Opportunities and Impact on Homes and Buildings, World Voice Alarm Systems Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
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Booming Construction Sector in Emerging Countries Creates a Fertile Market for Voice Alarm Systems

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Building codes for new constructions mandate the installation of life safety systems, including VAS, finds Frost & Sullivan 
LONDON – 1 August 2016 – The rapid growth of the construction sector in developing countries in Asia and the Middle East has given a huge boost to the voice alarm systems (VAS) market. New buildings are proving lucrative end-user segments as they have codes that mandate VAS installation; existing buildings requiring retrofits, on the other hand, are harder to penetrate as they lack VAS standards. Manufacturers and value chain partners are acknowledging this issue by lobbying to include VAS installation in building codes.
New analysis from Frost & Sullivan, World Voice Alarm Systems Market (www.frost.com/sublib/display-report.do?id=MB52-01-00-00-00&src=PR), finds that the market earned revenues of $584.1 million in 2015 and estimates this to reach $933.7 million in 2019. VAS has significant penetration in Europe and North America, while the Asia-Pacific and Rest-of-World markets are still nascent, but have high potential.
Building owners are demonstrating a marked preference for VAS as an extended fire alarm system due to its efficiency. In response, manufacturers are integrating VAS with fire and safety systems (FAS) and public address systems (PAS) to enhance operational and control management.
“The need to safeguard life and assets is a crucial driver for investments on VAS in industrial plants, offices, tunnels, transportation, public utilities, museums and schools,” saidFrost & Sullivan Building Management Technologies Research AnalystDhivya Sundara Manohar. “In Europe and North America, a building of any size needs to install VAS to obtain certifications from the respective approving authorities.
Although most developed countries have standards in place for emergency alerts, emerging countries do not have common laws or standards. This heterogeneous spread of legislation and uneven code implementation, sometimes within the same region, has hindered market growth to a large extent. Stakeholders have to make concerted efforts to ensure the framing of global or regional common laws to improve product quality and market penetration across the globe.
Deeper market penetration at the low-end and extended applications will go a long way in opening up the mass market to VAS. As the systems have a wide price range, costs are not likely to be a vital purchase factor. In fact, end users will prefer the higher-priced distributed system technology to central systems due to their greater ease of installation and integration.
“Meanwhile, the rising need for integration is compelling VAS manufacturers to optimize their partnerships with system integrators and channel partners,” noted Manohar. “Suppliers also have to increase the number of awareness programmes, such as workshops and promotional events for end users and specifiers, to reach a wider customer base.”
In due course, product innovations as well as manufacturers’ focus on developing systems with intelligent technology will result in smarter and more cost-effective systems that will appeal to users across the spectrum.
World Voice Alarm Systems Market is part of the Building Management Technologies Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Energy Harvesting Market, The North American HVAC Controls Market, 2016 Global Outlook of the Energy & Environment Industry, 2016 Asia-Pacific Energy and Environment Industry Outlook A Quick Snapshot, 2016 Global Homes and Buildings Industry Outlook, and Contract Food Services in the Australian Facilities Management Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?