Published Date : Aug 22, 2016
ALBANY, NY, Aug 22, 2016 - MarketResearchReports.biz has added a new report, titled ‘Global Energy-Efficient Building Market 2016-2020,’ to its offering. This study presents a thorough understanding of the market and presents qualitative insights into the market. It also presents verifiable projections on the size of the market and its historical data. It has been collated by employing primary and secondary research methodologies. In addition, an evaluation of the prevalent trends in the global energy-efficient building market has been included in a separate section of the report.
The introductory section of this report throws light on the market overview and presents the chief market highlights. The current size of the energy-efficient building market and its predicted growth till the end of the forecast period have also been encapsulated in this section of the report. This market is predicted to expand at a CAGR of approximately 10.0% from 2016 to 2020.
Energy-efficient buildings, also known as green buildings, are built with a continuous supply of sustainable resources of energy in order to carry out efficient operations. These buildings focus on energy conservation through the installation of energy-efficient fixtures including cutting-edge heat control systems, draught strips, and energy-efficient floor insulations, roofs, walls, and lighting systems.
The segmentation of the market comes next in the report. By application, the report segments the energy-efficient building market into services and products. Amongst these, the segment of products led the market with a share of approximately 71% in 2015. The segment of products is further categorized into lighting technologies, ventilation systems, controls, and energy management systems.
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In terms of geography, the report segments the market into Asia Pacific (APAC), the Americas, and Europe, the Middle East, and Africa (EMEA). Of these, the Americas are poised to lead the energy-efficient building market all through the forecast horizon and represent a market share of approximately 37% by 2020. This is owing to the rising initiatives taken by governments in countries such as Brazil, Canada, and the U.S. in favor of energy-efficient building systems. The increasing new constructions, government regulations, and ongoing audits on old buildings in the U.S. make it the chief contributor to the growth of the Americas energy-efficient building market.
Moving further, the key factors fuelling and restraining the development of the market have been presented. The rising number of green buildings and the sustained technological development will boost the growth of the market in the coming years. In addition, investment by governments in energy-efficient buildings is a key trend seen in this market. On the other hand, the dearth of a skilled workforce and skyrocketing operational costs expended in renovating buildings may negatively impact the development of the global energy-efficient building market.
The last part of the report presents the vendor landscape of the market. The prominent vendors operating in the global energy-efficient building market are Johnson Controls, Honeywell, Schneider, Siemens, Building IQ, ABB, EnerNOC, Pacific Controls, and GridPoint, among others, as mentioned in this study.
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