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The rules are changing in the Lighting Controls business and using the past to judge the future would be very misleading. The competitive landscape is changing and companies will have to develop new strategies to grow and capture market share. This is just one of the findings from Memoori’s latest world report Smart Buildings: The Lighting Controls Business 2015 to 2020. The report estimates the global value of lighting product controls in non domestic buildings in 2015 at $2.208 billion at factory gate prices. It also forecasts that the global market for Lighting Controls from 2015 to 2020 will grow at a CAGR of 10.6% to 2020. Over the next 5 years growth in the developed markets of Europe and North America will grow at a little more than half this rate whilst China and Asia will exceed the average global growth. This is indeed a high rate of growth particularly for a rather mature […]
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Several smart building startups will trial energy efficiency, HVAC optimization, and energy storage technology across Amazon fulfillment centers and warehouses in Europe after winning funding in this year’s Amazon Sustainability Accelerator (ASA). The 2024 ClimateTech Pilot Challenge has welcomed startups that have moved beyond prototype testing and are working towards generating initial revenue and growing […]
This Research Note examines what’s behind the acquisition of Danfoss Fire Safety A/S by Siemens Smart Infrastructure announced on 8th October 2024. We review the transaction details, the strategic rationale, the SEM-SAFE fire protection system, and deployments before assessing how this acquisition fits into Siemens fire safety portfolio. Transaction Details Siemens Smart Infrastructure has agreed […]
In today’s complex commercial real estate landscape, energy management has become a critical focus for asset managers, property managers, and facilities managers. As urbanization accelerates, energy demand grows, and the energy market becomes more volatile, optimizing energy use is no longer just about lowering costs, it has become a key factor in achieving sustainability, resource […]
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