Energy-Efficient Building Market Subjected to Expand to Showcase Rampant Growth by 2025
The
construction and infrastructure sectors are growing at a significant pace
across the globe, owing to market trends such as changing consumer lifestyle,
increased consumer preference for energy-efficient buildings, and the rising
need for sustainability.
North America
is expected to hold the highest share in the energy-efficient
building market during the forecast period: MRFR
Manufacturers,
retailers, distributors, and suppliers are now focusing on constructing
efficient buildings and adopting components such as home energy management
systems (HEMS) and building energy management systems (BEMS). Such factors are
expected to drive the demand for energy-efficient buildings in the global
market.
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Based on the
region, the energy-efficient building market has been segmented into Europe,
Asia-Pacific, North America, South America, and the Middle East & Africa.
In 2018, North America dominated the market with and held the largest share of
the market in terms of value owing to the stringent regulations of the United
Nations (UN) and Leadership in Energy and Environmental Design (LEED), among
others. Building energy consumption is nearly about 40 percent of global
energy, which causes a strain on the business and household funds. Growing
energy productivity rate through actions like building efficiency has the
aptitude to lower the growth of energy demand in emerging countries doubles by
2020. By 2020, global energy consumption is estimated to upsurge by 2.2 % per
year and widely held of the share occupied by emerging economies.
Global
Energy-Efficient Building Market is
expected to witness 9.68% CAGR during the forecast period.
The
commercial segment is expected to occupy the largest share of the global
energy-efficient building market: MRFR
By building
type, the Global Energy-Efficient Building Market has been segmented into
residential, commercial, and industrial. The commercial segment is expected to
register the highest growth rate in the global market during the forecast
period, owing to the increasing growth of the corporate sector across the
world.
The energy
management segment is expected to hold the largest share of the global
energy-efficient building market: MRFR
Based on the
component, the global energy-efficient building market is segmented by
ventilation systems, lighting technologies, energy management systems, and
controls. The energy management segment is expected to witness the highest
growth during the forecast period owing to the rising demand for highly
equipped systems among end-users.
Scope of the Report
This study provides an overview of the
global energy-efficient building market, tracking three market segments across
five geographic regions. The report studies key players, providing a five-year
annual trend analysis that highlights market size, volume, and share for
Europe, Asia-Pacific, North America, the Middle East & Africa, and South
America. The report also provides a forecast, focusing on the market
opportunities for the next five years for each region. The scope of the study
segments the global energy-efficient building market by building type,
component, and region.
- By Building Type
- Residential
- Commercial
- Industrial
- By Component
- Ventilation Systems
- Lighting Technologies
- Energy Management Systems
- Controls
- By Region
- North America
- Asia-Pacific
- Europe
- Middle East
& Africa
- South
America
Key Players
The
Prominent Players in the Global Energy-Efficient Building Market include Johnson
Controls, Ameresco Inc., Cleantech Group, Knauf Insulation, Serious Energy
Inc., Architectural Energy Corporation, and KMC Controls Inc.
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