Zero-energy Buildings Market:
The GMI Research forecasts that the zero-energy buildings market is witnessing an upsurge in demand during the forecast period. This is mainly due to the growing environmental concerns and significant shift of the population towards reducing energy consumption.
Zero-energy Buildings Market’s leading Manufacturers:
- Daikin Industries, Ltd.
- Johnson Controls
- General Electric
- Schneider Electric
- Honeywell International Inc.
- Solatube International, Inc.
- Siemens
- SunPower Corporation
- Kingspan Group
- Saint-Gobain
Zero-energy Buildings Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The growing environmental concerns and significant shift of the population towards reducing energy consumption are the major factors driving the growth of the global zero-energy buildings market. All these concerns have moved individuals towards green buildings by the growing adoption of zero energy building solutions. Architects and construction organizations have started introducing sustainable building technologies due to the increasing awareness about the social and environmental influence of buildings and the strict policies and rules made by governments worldwide. For example, in 2020, twenty new construction and major renovation have come up in the United States and British Columbia to achieve decarbonization. These factors are energizing the growth of the global zero-energy buildings market.
Zero energy buildings are cost-effective and high-performing buildings, which utilize renewable technologies to develop energy similarly consumed by the building from purchased commercial energy sources. These buildings have several energy benefits, including renewable energy sources, lower cost, locally available, and non-polluting. These benefits play an important part in fuelling market growth. The rapid growth in enhancing sustainability and scope for growth has offered various benefits to developers and architects, which has further surged the Energy Efficiency Building (EEB) projects. These projects focus on identifying, removing barriers, and transforming structures efficiently to reach energy self-sufficiency. All these factors will contribute to the growth of the global zero-energy buildings market.
Regional Drivers
Based on the region, the North America region is projected to increase at a higher CAGR during the forecast period. Countries like Canada and the U.S. are the first ones to opt for adopters of zero energy building solutions to capture the rising demand with a sustainable approach. In addition to this, the strict regulations, and initiatives by the U.S. government, coupled with the efforts of the U.S. energy department and local companies to accomplish the sustainability of existing and new buildings, are the factors energizing the growth of the zero-energy buildings market in North America. For example, the government in the U.S. is offering subsidies for commercial and residential for zero energy buildings.
Zero-energy Buildings Market Segmentation:
Segmentation by Equipment:
- HVAC Systems
- Lighting
- Walls & Roofs
- Others
Segmentation by Application:
- Residential
- Non-Residential
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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