Overall, the main objective of this study was to identify levels of familiarity with 12 building technologies, measure their usage rates and evaluate the impact that one has on the other. Moreover, the following research attempts to determine which building technologies have the highest and the lowest growth potentials, based on the current usage and likelihood of adoption rates. Lastly, it identifies factors that are most important in the decision making processes and evaluates brand usage, uncovering areas of market fragmentation and brand dominance. A Web-based survey was utilized to survey 154 facility managers, directors, and executives distributed across nine different industries from June to July 2012.

Research Objectives

- Identify the familiarity of the following building technologies:
oAir purification
oBiosolids and sludge
oCloud-based systems for security management
oEnergy management systems
oEnterprise management solutions
oFire suppression and detection systems
oIntegrated building automation, control and monitoring systems
oIntegrated building management and security solutions
oLighting controls and digital addressable lighting systems
oRemote monitoring systems
oWater and wastewater treatment technologies
oWireless controls and monitoring systems
- Measure the current usage rate of the xxbuilding technologies and evaluate the impact that familiarity has on usage rates.
- Determine which building technologies have the highest and lowest growth potential via current usage and future likelihood to adopt variables.
- Identify what factors are most important in the decision making process.
- Evaluate the primary brand usage market of the xxbuilding technologies, uncovering areas of fragmentation or sole brand dominance.

Research Methodology

Methodology

A Web-based survey was utilized to survey respondents from June to July 2012.

Sample

The target group was pre-screened to ensure only qualified respondents participated.
Sample size included xxfacility managers, directors, and executives from the United States, distributed across nine different industries, with minimum quotas to ensure representativeness: Critical infrastructure (i.e., energy, telecommunications, and water), corporate office, education, financial services, industrial/manufacturing, mass transit, medical, retail, and services (general). The following two slides provide details related to representativeness and additional profile details.
Reporting Notes: Due to rounding, percentages in charts and tables may not add up to xx.

Executive Summary

The Relationship between Familiarity and Current Usage

Overall, among these highly experienced facility decision makers, familiarity with the xxtechnologies is high—with the exception of biosolids and sludge. While familiarity and current usage rates are related directional—in that those technologies that have higher levels of familiarity, also have higher levels of current uptake rates—there are significant gaps between current usage and familiarity. On average, there is a gap of xx percentage points across all xxtechnologies. Despite that facility decision makers know of these building technologies, they are not highly using them. Potentially changing messaging that focuses on facilities’ needs may increase uptake—specifically, leveraging the top factor that facility decision makers find important in their decision process: high reliability.

Potential for Growth Opportunities

Of the facility decision makers who are currently not using the various xx building technologies, the majority are likely to adopt within the next two years—categorized as the late majority. Cloud-based systems for security management have the greatest growth potential, with a potential growth rate of xx percent. Many other building technologies are projected to have greater than xx percent growth rates over the next two year—even biosolids and sludge, according to surveyed facility decision makers. Yet, the building technologies that currently have the highest usage rates—fire suppression and detection, air purification, remote monitoring, and wireless controls/monitoring systems—have lower potential growth rates.

Market Fragmentation or Sole Brand Dominance?

Overall, across all xx building technologies there is only a six percentage point gap between the most prevalently used brand and the runner-up brand. Furthermore, the top used brand for the majority of the technologies are only used by percent or less of surveyed facility decision makers’ organizations. In conclusion, the building technologies market is moderately fragmented. Water and wastewater treatment technologies is the only technology area where the most prevalently used brand has a gap of ten percentage points or greater over the runner-up brand. But, within fragmented markets there are opportunities. Brands will likely have to fight many to take the lead, yet, the lead is available for the taking.

Table Of Contents

Understanding the Growth Potential within the Building Technologies Market
Research Objectives and Methodology
Executive Summary
Overview of Building Technologies within Facilities
Usage: Primary Building Technology Brands
Appendices
The Frost and Sullivan Story

View This Report »

Find all the market research you need - instantly, in one place.

+1.2 Million Research Documents & Statistics +200,000 Trusted Public Sources 350 Industries With Global Coverage

24/7 Customer Support

Talk to Louis

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers

CEO 360 Degree Perspective on Global Water and Wastewater Networks : Rehabilitation, Expansion, and Optimisation to Grow Global Network Infrastructure Market to $156 Billion by 2020

CEO 360 Degree Perspective on Global Water and Wastewater Networks : Rehabilitation, Expansion, and Optimisation to Grow Global Network Infrastructure Market to $156 Billion by 2020

  • $ 7 000
  • Industry report
  • March 2015
  • by Frost & Sullivan

This research service provides a 360 Degree Perspective on the global water and wastewater network market which is expected to grow at a compound annual growth rate of 9.6% from 2014 to 2020. The study ...

Water Infrastructure Repair Technologies: Global Markets

Water Infrastructure Repair Technologies: Global Markets

  • $ 6 650
  • Industry report
  • March 2015
  • by BCC Research

REPORT HIGHLIGHTS The global market for water and infrastructure repair market was $57.7 billion in 2013 and nearly $61.2 billion in 2014. This market is expected to grow to $82.2 billion in 2019, a compound ...

Water Infrastructure Repair Technologies: The North American Market

Water Infrastructure Repair Technologies: The North American Market

  • $ 6 650
  • Industry report
  • March 2015
  • by BCC Research

REPORT HIGHLIGHTS The North American market for water infrastructure repair technologies (WIRT) reached $15.6 billion and $16.8 billion in 2013 and 2014, respectively. This market is expected to grow at ...


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.