Smart Buildings

Global Warming Leads to Building Cooling, Which Leads to More Global Warming

The global warming problem is driving a global cooling addiction that threatens to further accelerate climate change and challenge the reliability of electricity supply. The rising trajectory of air conditioning (AC) sales in both economically developed and developing nations has become a major concern for environmentalists and grid operators alike. Buildings, again, sit at the center of the environmental debate but as populations grow and develop, and global temperatures rise, cooling technology could simultaneously be our best friend and our worst enemy. Today, AC adoption is concentrated in a smaller number of affluent countries that experience extended periods of hot weather every year. Over 90% of households in Japan and the US are equipped with AC units, followed closely by South Korea with 86%, according to IEA 2018 figures. Saudi Arabia and China, with 63% and 60% respectively, round out a top five that stand head and shoulders above the rest. Mexico and Brazil share […]

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Smart Buildings

EnOcean: The Latest Smart Buildings Firm to Ride the SPAC Wave

The alternative IPO trend continues as German firm EnOcean announces its intention to implement a reverse merger with a SPAC to take them public early next year. Special purpose acquisition companies (SPACs) have proved a popular route for companies to list on the stock market without the rigmarole of a traditional IPO process. However, more […]

Smart Buildings

Mapping Cushman & Wakefield Strategy in Smart Buildings

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Smart Buildings

Siemens Buildings Business & 2022 Financials Examined

In this Research Note, we examine the Buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 press conference, earnings release, investor presentations of 17th November 2022 and building technology-related activities throughout the year. SI revenue growth is being led by strength in the Electrical Products business, which reported […]

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