European Union
US & EU Tackle Building Efficiency with Significant Policy Developments
May 25th, 2023Salto Systems Access Control Business & 2022 Financials Examined
May 17th, 2023
Portfolio Transformation at Carrier with Acquisition of Viessmann & Exit of Fire & Security Businesses
Carrier has announced strategic actions that will transform the Company’s business portfolio and establish Carrier as a pure-play, intelligent climate and energy solutions company. They will acquire Viessmann Climate Solutions in a cash and stock transaction valued at €12 billion. They also plan to exit their Fire & Security and Commercial Refrigeration cabinet businesses. This […]
Bosch Energy & Building Technology Business 2022 Examined
In this Research Note, we examine the Bosch Energy and Building Technology businesses, based on their 2022 annual results, M&A strategy and related activities in energy, building automation and security systems. Bosch Energy and Building Technology (EBT) business, the smallest of four reportable sectors, accounted for €7.0 billion in revenues in 2022, around 8% of […]
THAT Overused “40%” Building Energy Consumption Statistic Investigated!
“Buildings account for 40% of all energy consumption and represent 40% of all greenhouse gas emissions”. Yes, this is another article that starts with the same statistic you’ve heard for the past decade! Like a bad smell, it permeates every research report, media article and industry conference you’ve attended in recent memory. It must be […]
US-China Trade War Continues To Polarize the Physical Security Market
The Physical Security industry has found itself on the frontline of the US-China trade ‘war’ and its involvement could have significant implications for its future and the future of the wider smart buildings and cities technology markets. “In recent years US-China geopolitical tensions within the physical security industry have escalated,” reports our latest security research. […]
85% of All Cyber Crimes Go Unreported
As we continue to drive connected technology into buildings, we are experiencing a steady rise in the number of cyber attacks and a growing concern about the vulnerability of smart buildings. However, as much as 85% of all cyber crimes go unreported, according to the US Department of Justice (DOJ), meaning the scale of the […]
Could the EU Smart Readiness Indicator Become a Global Standard for Buildings?
Today, roughly 75% of the EU building stock is energy inefficient and, collectively, buildings are responsible for 40% of EU energy consumption and 36% of its greenhouse gas emissions, according to the EU Commission. Renovating existing buildings could reduce the EU’s total energy consumption by 5-6% and lower CO2 emissions by about 5% but, on average, […]
Kieback&Peter Building Automation Business and Financials Examined
In this Research Note, we examine Kieback&Peter, one of the long-established German providers of building automation solutions and services. This analysis is based on their February 2022 filing of their 2020 company accounts at the German Company Registry and more recent press releases. Kieback&Peter GmbH & Co. KG was founded in 1927 in Berlin, Germany and currently reports over 1,400 […]
EU Plan To Reduce Energy Dependence on Russia Benefits Green Buildings
Russia supplies 40% of natural gas consumed in the European Union (EU), including 100% of the gas for six EU members and over 50% for a further six EU nations, representing $400 billion annually. So, when war began between Russia and Ukraine it sparked an energy security crisis in the EU, which has been accused […]
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