Global Single-Family Housing Green Buildings Market
Construction

What Are The 5 Takeaways From The Single-Family Housing Green Buildings Market Overview 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

The Business Research Company’s Single-Family Housing Green Buildings Global Market Report 2024 offers crucial insights into the single-family housing green buildings market help businesses analyse and build stronger strategies.

 

The single-family housing green buildings market is undergoing a rapid transformation, witnessing substantial growth from $138.74 billion in 2023 to an estimated $159.1 billion in 2024, with a remarkable compound annual growth rate (CAGR) of 14.7%. As we peer into the future, the market is poised to soar even higher, projecting a surge to $275.36 billion by 2028. Let’s explore the factors and trends propelling this green revolution in residential construction.

 

Millennials Drive Surge In Single-Family Green Homes: A Growing Interest In Sustainable Living

  • Consumer Interest Amplified: The rise of single-family residential green buildings is fueled by a growing interest among consumers, notably millennials, in sustainable and net-zero energy homes.
  • Environmental Awareness: The emphasis on sustainable (green) building design, utilizing natural and renewable sources, aligns with heightened environmental awareness.
  • Benefits of Green Practices: Increased awareness of benefits like reduced exposure to toxins, improved air quality, and overall environmental health are major drivers.
  • Major Market Players: Key companies in the market include Turner Construction Co., AECOM, Skanska USA, and many more, contributing to the industry’s growth.

 

Read The Full Single-Family Housing Green Buildings Market Report Here:
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Rise Of Net-Zero Homes: A Sustainable Revolution In Residential Construction

  • Sustainable Construction Goals: Consumers and builders are actively working towards sustainable homes, with a focus on achieving net-zero energy consumption.
  • Net-Zero Definition: Net-zero homes produce their own energy, aiming to generate at least as much energy as they consume.
  • Growing Trend: A rising trend is evident, with around 24,500 households in the United States achieving ‘zero energy’ performance, showcasing the prevalence of net-zero homes.
  • Department of Energy Statistics: The Department of Energy classifies 8,656 buildings as ‘net zero ready,’ highlighting the potential for further adoption in the residential construction market.

 

CBRE’s Strategic Acquisition: Strengthening Global Green Building Capabilities With Turner And Townsend

  • Strategic Alliance Formation: In November 2021, CBRE Group Inc. acquired a 60% stake in Turner & Townsend Holdings Limited, forming a strategic alliance.
  • Diversification Strategy: CBRE’s acquisition aligns with its diversification strategy, enhancing capabilities across various dimensions such as asset types, lines of business, customers, and regions.
  • Global Impact: The alliance between CBRE and Turner & Townsend positions them as a preeminent worldwide supplier of program, project, and cost management in the green building sector.

 

Market Segmentation: Insights into Types and Regions

  • Types: The market is segmented into new constructions and remodeling projects, offering insights into the diverse facets of green building initiatives.
  • Products: Categorization into interior and exterior products reflects the comprehensive approach to sustainable construction materials.
  • Construction Types: The market distinguishes between full green and semi-green construction types, allowing for tailored solutions based on project requirements.

 

Asia-Pacific Leads, Africa Emerges: Regional Dynamics in Green Construction

  • Asia-Pacific Dominance: In 2023, Asia-Pacific emerged as the largest region in the single-family housing green buildings market, showcasing the global nature of sustainable construction.
  • Africa’s Growth Trajectory: Africa is anticipated to be the fastest-growing region in the forecast period, underscoring the global reach and impact of green building practices.

 

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The Single-Family Housing Green Buildings Global Market Report 2024  provides a comprehensive outlook of the single-family housing green buildings market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The single-family housing green buildings market forecast offers a thorough analysis on single-family housing green buildings market size, single-family housing green buildings market share, prominent players and their strategies.

 

The Table Of Content For The Single-Family Housing Green Buildings Market Include:
1. Single-Family Housing Green Buildings Market Executive Summary
2. Single-Family Housing Green Buildings Market Segments
3. Single-Family Housing Green Buildings Market Size And Single-Family Housing Green Buildings Market Growth Rate
4. Key Single-Family Housing Green Buildings Market Trends
5. Major Single-Family Housing Green Buildings Market Drivers
……
25. Key Mergers And Acquisitions In The Single-Family Housing Green Buildings Market
26. Top Single-Family Housing Green Buildings Companies
27. Single-Family Housing Green Buildings Market Opportunities And Strategies
28. Single-Family Housing Green Buildings Market, Conclusions And Recommendations
29. Appendix

 

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