The terms "cleantech" or "green technologies" have been applied to a wide array of processes, technologies and services. Within this overall market space, there exist a number of specific target market segments for green technologies -- transportation, energy development and manufacturing are just some examples -- that are undergoing an innovation boom as a result.
The buildings and facilities segment ranks as one of the largest potential markets for cleantech, and shows the kind of changes that new technologies can bring about, changes both beneficial and disruptive. Given the size and projected growth of the market for green buildings around the world, there are plenty of opportunities and potential players seeking ways to leverage new technologies for use in new construction and renovations.
The building and facility industry is undergoing radical change today as owners demand more project visibility, lower costs, better risk management (scheduling and costs), and increased use of these new technologies in projects. The potential from these changes are overall highly beneficial: they will allow for less waste, more efficient energy consumption, and ultimately lower costs over the lifecycle of the facility, from design and construction to operations. [Read full article]
By Scott Boutwell