2014-02-21 05:25:04 - Analysis of the Global Thermography Market in the Building Inspection Industry - a new market research report on companiesandmarkets.com
Thermography equipment detects missing insulation, electrical faults, water intrusion, and pest infiltration in buildings. It helps gauge a building´s energy efficiency, which is important for monitoring a building´s ecological footprint.This research service provides insights into the global thermography equipment market in the building inspection industry. Market drivers and restraints are given as are key market engineering measurements. An overview of the competitive landscape is also provided. Regions covered include the Americas, Europe and the Middle East, and Asia-Pacific (APAC). The base year is 2012.Executive SummaryThe global thermography market in the building inspection industry generated revenue of $ million in 2012. The market is expected to witness a compound annual growth rate (CAGR) of % from 2012 to 2017.Challenges facing the
global thermography market in the building inspection industry include changes in regulatory requirements, demand for more sophisticated energy-saving solutions, and increasing competition among global market participants.The main drivers for the adoption of thermography in the building inspection industry are stringent regulations for energy efficiency in all buildings, government initiatives to reduce carbon emissions produced by buildings, and the need to offset the rising cost of energy. Further, the prices of thermography applications are dropping.The key factors restraining this market include decreasing investments in the real estate industry and for equipment to support building inspection, low implementation levels among end-user small and medium enterprises (SMEs), and the lack of enforcing regulations in Asian markets.Europe and North America are the largest contributors to the global thermography market in the building inspection industry. However, climate change and asset management will increase the importance of countries with emerging economies, such as China, India, Brazil, and Russia, for global market revenue growth.During the forecast period, Asia-Pacific (APAC) is expected to show modest growth, but it will evolve into a robust region for this market in the future.
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