Global Energy Efficient Building Market Analysis: Size, Drivers, Trends, Opportunities And Strategies
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The energy-efficient building market has witnessed significant growth, rising from $125.84 billion in 2023 to $135.6 billion in 2024, with a CAGR of 7.8%. This growth is attributed to factors such as energy prices, environmental regulations, technological advancements, public awareness, and government incentives. Looking ahead, the market is poised to reach $174.01 billion in 2028, driven by climate change mitigation efforts, technological innovation, urbanization, demand for sustainable buildings, and energy security concerns. Notable trends include net-zero energy buildings, passive design principles, modular construction, IoT integration in building management, and adherence to circular economy principles.
Government investment in clean energy initiatives accelerates the adoption of sustainable building practices, driving growth in the energy-efficient building market. Notably, the International Energy Agency reports a 25% surge in clean energy investment from 2021 to 2023, incentivizing the adoption of energy-efficient building practices and fostering market expansion.
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What Are The Key Trends That Influence Energy Efficient Building Market Share Analysis?
Major companies in the energy-efficient building market are innovating with technologies like smart IoT solutions to increase profitability. These solutions enhance energy efficiency in homes, buildings, industries, and cities, promoting sustainability. Siemens AG launched Connect Box in March 2023, an IoT solution for small to medium-sized buildings. It integrates wired/wireless devices to optimize energy usage, monitor performance, and enhance indoor air quality, supporting diverse needs while ensuring compliance with sustainability regulations.
Which Market Players Are Driving Growth In The Energy Efficient Building Market?
Major companies operating in the market areSiemens AG, Panasonic Corporation, GE Electrical Equipment, Veolia Environnement S.A., Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Daikin Industries Ltd., Toshiba Corporation, Johnson Controls International plc, Eaton Corporation PLC, Carrier Global Corporation, Koninklijke Philips N.V., Trane Technologies plc, Emerson Electric Co., Legrand S.A., Osram GmbH, Acuity Brands Inc., Itron Inc., Zumtobel Group AG, Cree Inc., GridPoint Inc., Pacific Controls Inc., BuildingIQ Inc
How Is The Global Energy Efficient Building Market Segmented?
The energy-efficient building market covered in this report is segmented –
1) By Type: Heating, Ventilation, And Air Conditioning (HVAC), Lighting, Building Controls, Water Efficiency, Water Heating, Building Envelope, Other Types
2) By Material: Roofing, Fiber Cement, Concrete Tiles, Insulation, Construction Chemicals, Sealants, Water Proofers, Other Materials
3) By End User: Residential, Commercial, Industrial Sector
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The Energy Efficient Building Global Market Report 2024 provides an overview of the energy efficient buildingmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The energy efficient building market forecast analyzes energy efficient building market size, energy efficient building market share, leading competitor and their market positions.
The Table Of Content For The Energy Efficient Building Market Include
1. Energy Efficient Building Market Executive Summary
2. Energy Efficient Building Market Segments
3. Energy Efficient Building Market Size And Template Market Growth Rate
4. Key Energy Efficient Building Market Trends
5. Major Energy Efficient Building Market Drivers
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25. Key Mergers And Acquisitions In The Energy Efficient Building Market
26. Top Energy Efficient Building Companies
27. Energy Efficient Building Market Opportunities And Strategies
28. Energy Efficient Building Market, Conclusions And Recommendations
29. Appendix
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