Global
mega trends such as urbanization and economic and technological development are
changing the demographics and financial outlook in Asia-Pacific, and will shape
the region's buildings sector. The trends examined are, broadly, building
construction, and energy crisis and carbon emission. In the long term, these
will create opportunities such as buildings sector development and green
buildings, eco cities, eco resorts, prefabrication .
The
increasing pace of urbanization will lead to the integration of the core city
center with suburbs and daughter cities, resulting in expanding city limits.
This will have a massive impact on the future of mobility, work life, and
societies. By 2025, X billion people are expected to be living in urban areas
in the Asia-Pacific region and development of network cities and mega cities .The
development of eco cities is already taking place in Asia-Pacific, with the
revolution of several eco-city models such as renewable-energy cities,
carbon-neutral cities, garden cities, resource-efficient cities,
self-sufficient cities, and smart cities. The future of such development will
continue to focus on three core themes, which are lifecycle sustainability,
environmental sustainability, and performance sustainability. This open doors
to opportunities for the building technologies market, whereby the technologies
and services will focus on the deployment of information technology, renewable
energy, green materials, and energy efficiency.
Asia
will remain the second-largest destination for tourists in 2025. Nonetheless,
this region will register the highest growth in international tourist arrivals,
sparking the boom of the tourism industry. With the unprecedented progress in
green technologies in buildings, owners in the tourism industry are becoming
environment friendly. Green building applications, energy efficiency, and
environmental sustainability are fast becoming themes fused into the business
plans of hotels and resorts. There are a significant number of eco resorts in
Asia-Pacific, especially Australia, and scattered locations across the region.
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