Global Light Duty Electric Vehicle Sales Are Expected to Exceed Six Million in 2024

The PEV market has become well-established in North America, Europe, and in the developed parts of Asia Pacific, largely due to government support and purchase incentives, automakers are focusing on offerings that will attract a wider range of customers. Meanwhile, companies within the electric power sector of global markets are also determining how they can best take part in encouraging PEV market growth. According to a new report from Navigant Research, light duty EV sales are expected to grow from 2.6 million in 2015 to over 6.0 million in 2024.

“The end of 2015 marks the completion of the fifth full year of PEV sales to key markets for major automakers,” says Scott Shepard, research analyst with Navigant Research. “The market for electric vehicles has changed significantly over this time period, but the expected changes during the next five years will be even more impactful to the global automotive and energy industries.”

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The Market for Indoor Environmental and Air Quality Technologies is Expected to Exceed $7 Billion by 2024

Healthy and green buildings rely on good IEAQ to maintain the wellness and productivity of their occupants. Related IEAQ technologies can provide the measurement and verification of ventilation and moisture management, indicating whether appropriate conditions have been achieved and maintained indoors. According to a new report from Navigant Research, the global IEAQ market is expected to grow from $4.2 billion in 2015 to $7.1 billion by 2024.

“In order to effectively maintain a healthy indoor environment without compromising energy efficiency, building owners are turning to many new IEAQ technologies,” says Anne Wrobetz, research associate with Navigant Research. “IEAQ systems are developing rapidly, and the most sophisticated ones integrate with building energy management systems (BEMSs) and heating, ventilation, and air conditioning (HVAC) systems to improve IEAQ without increasing the carbon footprint.”

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Global Networked Lighting Controls Revenue for Commercial Buildings Is Expected to Total $38.2 Billion from 2015 to 2024

The market for lighting controls has expanded greatly alongside the shift from the dominance of fluorescent lighting to light-emitting diodes (LEDs), both in the variety of systems available and the sheer number of systems installed. To meet this expanding demand for controls, different types of vendors have been drawn to the market, from small startups offering innovative lighting solutions to building controls companies that are now including lighting controls along with other buildingwide systems. According to a recent report from Navigant Research, global revenue from networked lighting controls is expected to total $38.2 billion from 2015 to 2024.

“The falling cost of including controls in lighting projects has made the decision to implement these systems much easier,” says Jesse Foote, senior research analyst with Navigant Research. “From dimming ballasts to controls software, as well as the prices of LEDs themselves, all of the key components in networked lighting controls systems are becoming less expensive.”

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EVENT: Smart Building Conference

February 8
Amsterdam, The Netherlands

The annual Smart Building Conference will stage a full-day’s program, including expert speakers from across the smart building industry. This year’s theme is The Network is the Building, which explores how the IP backbone changes the way we work, the way we live, and the new connected services now possible with today’s buildings. Content during the event will be offered in two tracks (Commercial and Residential) as well as through a number of presentations dedicated to both. Topics to be covered include: building and home control, wayfinding, cabling buildings for the future, the impact of mobile, multi-dwelling units, the Internet of things, audio-over-IP, and more. For more information or to register, click here.