Market Research Report
Asia-Pacific Buildings Industry Outlook in 2015
|Published by||Frost & Sullivan||Product code||325332|
|Published||Content info||70 Pages
Delivery time: 1-2 business days
Industry to Thrive on Carbon Footprint Reduction Goals with Minimum Impact from Plummeting Oil Price
In 2014, top headlines in the Asia-Pacific buildings industry were focused on several themes such as partnerships with governments, convergence with ICT, building materials innovation, businesses re-structuring, and improvement on building energy efficiency. In 2015, the development of new smart cities will drive the overall building construction market in Asia-Pacific. The residential segment will grow the most at more than 10% and Southeast Asia will enjoy the best growth rate at 18.5%. Despite the oil price drop, there will be continued investments in energy-saving equipment such as lighting, HVAC, and energy storage systems, because it is unlikely that electricity tariffs will be reduced.