We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. If you do not accept cookies, some functionality of this site may be limited
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. ABB is targeting a new growth opportunity in the commercial building solutions and services sector, according to its November 2019 Electrification Investor Day in Italy. The group presentation views commercial buildings as a high-growth segment with a $21 billion market size and a mid-term growth of >4% CAGR 2017 – 2025. ABB’s Electrification business strategy is to expand its solutions beyond connected electrical distribution products into the Building Automation Control Systems (BACS) market for commercial buildings in the mid-segment size range of 2,000 to 10,000 m2. They estimate this BACS market has a 10-15% penetration today. Buildings in this category include commercial offices and hotels as well as multisite retail operations, government buildings, and specialized segments like data centers and hospitals. In support of this strategy, ABB announced the acquisition of Cylon Controls, a second-tier building automation vendor in March 2020. The acquisition […]
Stay ahead of the pack
with the latest independent smart building research and thought leadership.
In this Research Note, we examine Kieback&Peter, one of the long-established German manufacturers and systems integrators of building automation solutions and services. This analysis is based on last month’s publication of their annual company accounts. We also highlight their recent product launches, the planned new headquarters, and a 2025 acquisition. Kieback&Peter GmbH & Co. KG […]
In this Research Note, we examine CBRE’s recent announcement of the creation of a new Building Operations & Experience business segment, in conjunction with the acquisition of Industrious, a US provider of flexible workplace solutions. We assess the changes to the former Global Workplace Solutions business and comment on the Industrious acquisition and the state […]
This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]
Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.
We could not sign you up to the newsletter. An error occured: {{message}}.
We've signed you up!
