Zero Energy Bulding Market Growth, Size, Trends Forecast 2030

 

In a recent research report by Market Research Community, the Zero Energy Buildings market is expected to surpass USD 1,033.20 Billion by the year 2030, from USD 192.33 Billion in 2021.

Europe Zero Energy Buildings Market was valued at USD 65.21 billion in 2021 and it is expected to grow with a CAGR of 22.3% during the forecast period. In Europe, increasing government regulations is boosting the adoption of zero-energy building. The greenhouse house gas emissions from residential and commercial buildings are also leading to the increased adoption of zero-energy buildings in the region. Further, after the Paris agreement (2015) European Union committed to reducing emissions by 55% (2050). Thus, the regulation and global commitments to minimize pollution is driving the market growth of zero-energy building in Europe.

The application segment is divided into residential and commercial, while commercial segment holds the largest market share. The commercial segment includes hospitals, restaurants, warehouses, office buildings, and retail offices among others. The adoption of zero energy technology in commercial buildings is resulting in reduced carbon emissions. It is also helping in the overall energy bills of a commercial building. Further, there has been growing awareness regarding climate change and pollution. The government policies and regulations are also helping in implementing zero energy building for the commercial sector.

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Zero energy buildings join energy productivity and environmentally friendly power age to consume just as much energy as can be delivered nearby through sustainable assets throughout a predefined time span. Accomplishing zero energy is an aggressive yet progressively attainable objective that is picking up speed across geographic locales and markets. Confidential business landowners have a developing interest in creating zero energy structures to meet their corporate objectives, and in light of administrative orders, central government organizations and many state and nearby legislatures are starting to push toward zero energy building targets.

The Zero Energy Buildings Growth Study is consolidated into major segments and further into sub-segments, such as by component (software and services), by type (lighting, HVAC system, insulation panels, solar PV panels, and others), by end user (residential and commercial) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.  

By component

·         software

·         services

By Type

·         Lighting

·         HVAC system

·         insulation panels

·         solar PV panels

·         others

By End User

·         residential

·         commercial

Global Zero Energy Buildings Market by Region (%) in 2021

Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Johnson Controls International Plc, Integrated Environmental Solutions Limited., SunPower Corporation, Solatube International Inc., Sage Electrochromics, Inc., Siemens AG, Honeywell International Inc., CertainTeed, Daikin Industries, Ltd., and Schneider Electric

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