An emerging market analysis titled “Anticipated Trends, Drivers of Growth, and Obstacles in the Zero Energy Buildings Market” has been showcased on Report Ocean.
The “Global Zero Energy Buildings Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Zero Energy Buildings Market.
Global Zero Energy Buildings Market is valued approximately USD 71.7 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 18.7% over the forecast period 2022-2029.
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Zero Energy Buildings also called net zero-energy building, are type of building that are characterized by zero net energy consumption. These types of building generate their own energy through renewable energy sources such as Solar Power, wind power. Moreover, these building also uses energy efficient HVAC solutions to minimize energy utilization. The increasing investment in green buildings and growing expansion of global HVAC industry as well as strategic initiatives from leading market players are key factors accelerating the market growth.
According to Statista – in 2021, the global heating, ventilation, and air conditioning (HVAC) market was estimated at USD 260.45 billion, and the market is projected to grow to USD 367.5 billion by 2030. Also, favorable government initiatives for installation of solar panels and rising urbanization in developing regions would create lucrative growth prospectus for the market over the forecast period. However, volatile cost of raw materials impedes the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Zero Energy Buildings Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to rising investment in green building infrastructure as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising installation of rooftop solar pv panels and favorable government initiatives in the region.
Major market players included in this report are:
- Altura Associates
- Canadian Solar Inc.
- DABITRON Group Canary Islands
- Daikin industries Ltd.
- GreenTree Global
- Honeywell International Inc.
- Integrated Environmental Solutions
- Johnsons Control International Plc
- Kingspan Group Plc.
- Mitsubishi Electric Corporation,
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Recent Developments in the Market:
- In November 2019, Ferguson plc acquired New York based S. W. Anderson Sales Corporation, an HVAC equipment, and supplies distributor.
- In May 2022, Daikin Comfort Technologies North America, Inc. completed acquisition of CCOM Group, Inc. CCOM is a leading provider of building management systems and controls, other HVAC, indoor air quality, hydronic, plumbing, and electrical equipment, and supplies.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Component
Lighting
HVAC Systems
Other
By Solution
Systems
Buildings Components
By Applications
Residential
Non-residential
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Zero Energy Buildings market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Zero Energy Buildings market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Zero Energy Buildings market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Zero Energy Buildings market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Zero Energy Buildings market. It encapsulates indispensable insights extracted from the Zero Energy Buildings Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Zero Energy Buildings market, including:
- What can be expected for the Zero Energy Buildings market in the next decade?
- What are the primary drivers of growth in the global Zero Energy Buildings market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Zero Energy Buildings market vary based on the size of the end market?
- What is the breakdown of Zero Energy Buildings by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Zero Energy Buildings market?
Our most recent research report showcases the thriving expansion of the global Zero Energy Buildings Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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