IHS | Facility Executive - Creating Intelligent Buildings

As the U.S. continues its recovery and budgets are refreshed, tracking the retrofit and new build markets will remain an important metric for growth opportunity, especially as energy efficiency recommendations continue to evolve.


As the U.S. continues its recovery and budgets are refreshed, tracking the retrofit and new build markets will remain an important metric for growth opportunity, especially as energy efficiency recommendations continue to evolve.

Proportion Of New Build/Retrofit Projects Speaks Volumes For HVAC Opportunities

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Revenues For Smart Building Applications To Grow 150% Globally By 2017

Smart Building Stats

The global market for integrated equipment in buildings is forecast to grow at an average annual rate of 20.3%—from $12.6 billion in 2012 to $31.6 billion by 2017. As a proportion of overall building equipment investment, smart applications are forecast to increase from 8% to 14% over the same period.