Energy-efficientBuilding Industry Outlook:
Energy-efficientbuildings are buildings which reduce the cost of energy required to power upappliances and equipment. The construction of new buildings and renovation ofold buildings which adhere to sustainable codes can lead the way inenergy-efficient building. The global energy-efficient building market reportby Market Research Future (MRFR) pinpoints pertinent trends and opportunitiesfor the period of 2019 to 2025 (forecast period). The COVID-19 pandemic and itsimpact are analyzed in the report.
Get Free Sample Report in PDFFormat @ https://www.marketresearchfuture.com/sample_request/8697
MarketScope
The globalenergy-efficient building market is anticipated to register 9.68% CAGR duringthe forecast period.
The alarming levels ofpower consumption in buildings are primarily expected to drive the marketgrowth. Buildings accounted for 60% of electricity consumption in Europe in2016. Initiatives taken by nations to improve the energy-efficiency ofbuildings and conserve on power can bode well for the market. Establishment ofenergy standards and focus on contractors for developing energy-efficientbuildings by deconstructing old ones and enforcing regulations on new ones canfavor the market greatly.
Incentive programsrolled out by governments for real estate developers and sustainability goalswhich can be of benefit to commercial and residential building customers canfavor the market. The new practices of using renewable resources andenvironmental assessment of surroundings for developing green buildings candrive the global energy-efficiency building market till 2025.
Segmentation
The global energy-efficientbuilding industry has been segmented basedon building type and components.
Based on building type,the global energy-efficient buildings market has been segmented intoresidential, commercial, and industrial. The commercial segment is expected toregister the highest growth rate in the global market during the forecastperiod, owing to the growth of the corporate sector across the world.Furthermore, the focus on sustainability by corporations owing to lucrativeincentives can contribute to the global energy-efficient buildings market.
Based on component, theglobal energy-efficient building market has been segmented into energymanagement systems, controls, ventilation systems, and lighting technologies.The energy management segment is expected to register the highest growth duringthe forecast period owing to the rising demand for highly equipped systems fromthe end-users.
Don'tmiss out on business opportunities in energy-efficient building market and gaincrucial industry insights that will help your business grow @ https://www.marketresearchfuture.com/reports/energy-efficient-building-market-8697
RegionalAnalysis
Geographically, theglobal energy-efficientbuilding market share has been segmented into five key regions - NorthAmerica, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), andSouth America.
In 2018, Europe andNorth America held significant shares of the global market, owing to the highregulation pertaining to energy efficiency aiming sustainable development.Sustainable development in these two regions in terms of energy conservation istaken on top priority, which is propelling the demand for energy-efficientbuildings. Moreover, the renovation of these buildings and integration ofenergy-efficient solutions by using technology can bode well for the market.This is exemplified by the shift from wood heating systems to electric stoves.Moreover, the exports of energy-efficiency products from Ireland are evidenceof the large potential of the market.
However, the market inAPAC is expected to register the highest growth rate in the energy-efficientbuildings market during the forecast period. This can be attributed to the highrequirement for energy efficiency in developing countries of China, India, andASEAN countries. Certification of buildings, energy auditing, and energy performancerequirements are factors likely to be lucrative for the global energy-efficientbuilding market. But lack of government support and low awareness of greenbuildings can impede the market growth.
Furthermore, high-scaleconstruction activity in the MEA is also expected to support and contributesignificantly to the growth of the regional energy-efficient building market. The growth can also be attributed to the rising energy requirement.Moreover, the tax credits and green bonds offered to companies for encouragingsustainable building construction can bolster the market growth effectively.
CompetitiveOutlook
KMC Controls Inc.,Serious Energy Inc., Knauf Insulation, Ameresco Inc., Johnson Controls,Architectural Energy Corporation, Cleantech Group are key players of the globalenergy-efficient building market.
AboutMarket Research Future:
Market Research Future(MRFR) is a global market research firm that takes great pleasure in itsservices, providing a detailed and reliable study of diverse industries andconsumers worldwide. MRFR's methodology integrates proprietary information withdifferent data sources to provide the client with a comprehensive understandingof the current key trends, upcoming events, and the steps to be taken based onthose aspects.
Our rapidly expandingmarket research company is assisted by a competent team of research analystswho provide useful analytics and data on technological and economicdevelopments. Our deemed analysts make industrial visits and collect valuableinformation from influential market players. Our main goal is to keep ourclients informed of new opportunities and challenges in various markets. Weoffer step-by-step assistance to our valued clients through strategic andconsulting services to reach managerial and actionable decisions.
ContactUs:
Market Research Future
Office No. 524/528,Amanora Chambers
Magarpatta Road,Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
