The homes and buildings industry is expected to continue its post-pandemic recovery in 2022, after the reopening of economic activities in 2021. The lighting, HVAC, refrigeration, facility management, and smart homes markets have already had strong comebacks due to robust customer demand and business transformation initiatives by industry participants.
However, industry challenges such as construction delays, supply-chain disruptions, the semiconductor shortage, and other uncertainties due to geopolitical crises are expected to affect industry growth. There is increased awareness of climate change, willingness to invest in the digitalization of buildings, and emphasis on improving occupant experience and well-being among building owners and facility managers.
This Think Tank will highlight industry predictions, challenges, and regional trends. It will also discuss fact-based growth opportunities for industry participants to explore in key growth zones to create new revenue streams and solidify growth.