San Francisco, 12 September
2018: According to a report by Grand View
Research, Inc., the global net-zero
energy buildings (NZEBs) market is estimated to attain size
worth USD 78.79 billion by the end of 2025. Growing requirement for onsite
renewable energy sources in residential and commercial buildings to reduce
carbon emissions can stoke the growth of the market during the forecast period
(2017 to 2025). Net-zero energy buildings can meet net energy consumption
through on-site renewable energy technologies instead of conventional
fuels.
Favorable
initiatives from regulatory authorities across the globe to create awareness
regarding benefits of low carbon emission, green, and nearly zero-energy
buildings are providing an upthrust to the market. Growing environmental
concerns coupled with strict regulations towards building codes can influence
the growth of the market positively in the forthcoming years. Increasing use of
on-site renewables in place of fuels such as natural gas, electricity, and steam
to achieve energy efficient buildings can augment the market.
The net-zero
energy building market can be segmented on the basis of equipment, services,
building type, and geography. Based on equipment, the market can be classified
into HVAC systems, lighting, walls & roofs, and others. In 2016, the HVAC
systems segment dominated the market. The segment is poised to maintain its
position throughout the forecast horizon as it forms a critical part of zero
net energy (ZNE) setup.
The walls and
roofs segment is expected to follow HVAC systems in terms of growth during the
same period. Continuous development and upgradations of the product to attain
desired efficiency are estimated to contribute to the growth of the segment.
Access
Research Report of Net-Zero Energy
Buildings Market@ www.grandviewresearch.com/industry-analysis/net-zero-energy-buildings-nzebs-market
Based on
services, the market can be bifurcated into software and consulting &
designing. In 2016, the consulting and designing segment represented the
leading share in the market. High demand for such services in initial stages of
zero net energy (ZNE) projects is contributing to the dominance of the segment.
It is anticipated to witness remarkable growth during the forecast period owing
to soaring demand for ZNE structures from residential and commercial sectors.
The software
segment is likely to post a steady pace of growth during the same period owing
to surging demand among designers and architects to create sustainable
designs. Based on building type, the
market can be divided into residential and commercial. In 2016, the commercial
segment led the market. It is projected to experience a healthy CAGR during the
forecast period. Commercial buildings such as corporate offices, institutes,
government offices, and production plants are poised to be early end users of
net-zero energy buildings.
On the other
hand, the residential segment is expected to observe the highest growth rate
during the forecast period. Strong demand for environment protection coupled
with supportive efforts from local authorities to promote benefits of NZEBs is
driving the growth of the segment. Initiatives such as promotions, campaigns,
and fests focusing on long-term benefits of zero net energy (ZNE) structures
can attract residential population.
Browse more reports of this category by
Grand View Research at: www.grandviewresearch.com/industry/technology
The key
regions studied in the report are Europe, Asia Pacific, North America, South
America, and Middle East & Africa. In 2016, North America was at the
forefront of the growth of the market. Countries such as Canada and the U.S.
are estimated to be the prominent adopters of the NZEB technology, which will
benefit the growth of the region. In addition, stringent regulations by local
government coupled with efforts of organizations such as U.S. energy department
to achieve sustainability of existing and new buildings can escalate the growth
of the regional market.
In Europe,
the market is anticipated to witness significant growth during the forecast
period. Extensive efforts from European countries to achieve global
sustainability can influence the growth of the market in this region. In
addition, rising awareness to attain clean and green environment by reducing
carbon emissions is likely to trigger the growth of the regional market during
the forecast period.
In Asia
Pacific, the market is projected to experience noteworthy growth in the coming
years, which can be attributed to rapid urbanization. In addition, increasing
awareness regarding benefits of green buildings and rising investments for
development of infrastructure. Developing and developed countries such as
Singapore, India, Taiwan, South Korea, Australia, and Japan are poised to
realize the importance of NZEBs. Hence, local manufacturers, service providers,
and builders are expected to collaborate with local governments and
organizations to grab tap into tremendous opportunities.
Some of the
leading companies offering net-zero energy buildings are SunPower Corporation,
Johnson Controls, General Electric, Kingspan Group, and Schneider Electric.
Access
Press Release of Net-Zero Energy
Buildings Market@ www.grandviewresearch.com/press-release/global-net-zero-energy-buildings-nzebs-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company, registered
in the State of California and headquartered in San Francisco. The company
provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
No comments:
Post a Comment