According to the data in this report, half of HVAC and building automation products specified by engineering firms for new and existing buildings are valued at more than $1 million, compared to 59% in 2013 and 47% in 2012.
Consulting-Specifying Engineer sees the following as the six most important high-level findings impacting the fire and life safety industry today.
The 2014 Commissioning Giants had several new entries this year. The 15 firms reported a total of more than $351 million in revenue dedicated to commissioning new buildings or retro-commissioning existing buildings.
In July 2014, Consulting-Specifying Engineer surveyed its audience members responsible for decisions related to the design of lighting and lighting control products within their organizations. The 2014 Lighting and Lighting Controls study asked key questions on specifying lighting and lighting controls, including annual revenue, products specified, and challenges engineers are facing.
According to the data in this report, LEDs are a big concern for engineers. LEDs are being specified by 9 out of 10 engineers, and having to switch to or integrate LEDs has been affecting their work for the past 12 to 18 months.
In April 2014, Consulting-Specifying Engineer surveyed its audience members responsible for decisions related to the design of electrical or power systems within their organizations. Of the respondents, 53% are employed at a firm with less than 100 people on staff, 19% have 100 to 499 employees, and 28% have 500 or more. How does your firm compare to those of similar size?
The fire market is starting to see increased interest in wireless and IP-enabled products.
Building automation equipment market has been slow going; however, IHS expects this to change as the market moves toward fully programmable controllers in the shorter term.
IHS forecasts the global multi-sensor detector market to grow at a compound annual growth rate (CAGR) of 7.0% from 2013 to 2018.
According to the data in this report, more engineers are researching new electrical and power systems and the challenges of incorporating energy efficient designs continue to climb. View seven key findings and access the full 2014 Electrical and Power Study.