The net-zero energy buildings global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Net-Zero Energy Buildings Market, 2024 report by The Business Research Company
offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The net-zero energy buildings market size has grown rapidly in recent years. It
will grow from $31.80 billion in 2023 to $37.66 billion in 2024 at a compound
annual growth rate (CAGR) of 18.4%. The growth in the historic period can be
attributed to rising urbanization, growing emphasis on lowering greenhouse gas
emissions and combating climate change, growing environmental awareness, adoption
of net-zero energy buildings is increasing in the commercial sector, and
growing need for energy efficiency.
The net-zero energy buildings market size is expected to see rapid growth in
the next few years. It will grow to $74.57 billion in 2028 at a compound annual
growth rate (CAGR) of 18.6%. The growth in the forecast period can be
attributed to growing emphasis on sustainability and environmental protection,
rising environmentally friendly construction solutions, increasing government
initiatives to reduce carbon emissions, increasing temperature, and rising
population. Major trends in the forecast period include innovations in
energy-efficient building techniques, advancements in renewable energy
technology, innovations in sustainable building techniques, green technologies,
and integration of advanced building design concepts.
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Scope Of Net-Zero Energy Buildings Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Net-Zero Energy Buildings Market Overview
Market Drivers -
The increase in the demand for renewable energy sources is expected to propel
the growth of the net-zero energy buildings market going forward. Renewable
energy sources, such as solar, wind, and hydropower, can be replenished
naturally over time. The demand for renewable energy sources increases due to
social contagion, decentralized energy generation, corporate commitments,
public health awareness, and climate change mitigation. Net-zero energy
buildings minimize energy consumption through efficient design and construction
by generating on-site renewable energy to offset their energy needs. These
buildings set a benchmark for energy efficiency and environmental stewardship,
making them pivotal in transitioning to a more sustainable future. For
instance, in 2022, according to a report published by the Department of Energy,
a US-based government organization, domestic solar energy generation is
projected to rise by 75% from 163 billion kilowatt-hours (kWh) in 2023 to 286
billion kWh in 2025. Therefore, the increase in the adoption of renewable
energy sources drives the net-zero energy buildings market.
Market Trends -
Major companies operating in the net-zero energy buildings market are focused
on developing innovative solutions, such as open AI-enabled suites for net-zero
buildings to enhance energy efficiency, streamline building management, and
reduce carbon emissions. Open AI-enabled suites for net-zero buildings refer to
integrated systems that use open AI technologies to optimize and manage various
aspects of buildings aiming to achieve net-zero energy consumption. These
suites typically incorporate artificial intelligence and machine learning
algorithms to enhance energy efficiency, sustainability, and building
performance. For instance, in June 2022, Siemens AG, a Germany-based automation
company, launched Building X, an innovative, open AI-enabled suite designed to
facilitate the development of net-zero buildings. This suite is part of the
Siemens Xcelerator initiative, which aims to streamline digital transformation
across various sectors, including building management. This is structured to be
modular and scalable, allowing for seamless integration of various building
systems. This design helps eliminate complexity in managing building operations
and supports the transition toward net-zero emissions.
The net-zero energy buildings market covered in this report is segmented –
1) By Equipment: Lighting, Walls And Roofs, Heating, Ventilation, And Air
Conditioning (HVAC) Systems, Other Equipment
2) By Service: Software, Consulting And Designing
3) By Construction Phase: New Construction, Renovation Or Retrofit, Hybrid
Approach
4) By Technology Integration: Passive Design Strategies, Energy-Efficient
Systems, Renewable Energy Sources
5) By End-User: Residential, Non-Residential
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Regional Insights -
North America was the largest region in the net-zero energy buildings market in
2023. Europe is expected to be the fastest-growing region in the forecast
period. The regions covered in the net-zero energy buildings market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
Key Companies -
Major companies operating in the net-zero energy buildings market are Hitachi
Ltd., Siemens AG, General Electric Company, Panasonic Corporation, Schneider
Electric SE, Mitsubishi Electric Corporation, Honeywell International Inc.,
Deutsche Bank AG, Daikin Industries Ltd., Johnson Controls Inc., Carrier Global
Corporation, Trane Technologies PLC, Skanska AB, Mahindra Group, Kingspan Group
PLC, Lendlease Corp, Rockwool Group, CannonDesign Inc., Integral Group Inc., GI
Quo Vadis Inc.
Table of Contents
1. Executive Summary
2. Net-Zero Energy Buildings Market Report Structure
3. Net-Zero Energy Buildings Market Trends And Strategies
4. Net-Zero Energy Buildings Market – Macro Economic Scenario
5. Net-Zero Energy Buildings Market Size And Growth
…..
27. Net-Zero Energy Buildings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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