Dublin, Aug. 09, 2023 (GLOBE NEWSWIRE) -- The "Net-Zero Energy Buildings (NZEBs): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Net-Zero Energy Buildings (NZEBs) Market to Reach $114.5 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Net-Zero Energy Buildings (NZEBs) estimated at US$23.3 Billion in the year 2022, is projected to reach a revised size of US$114.5 Billion by 2030, growing at a CAGR of 22% over the analysis period 2022-2030.
HVAC Systems, one of the segments analyzed in the report, is projected to record a 23.6% CAGR and reach US$55.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Walls & Roofs segment is readjusted to a revised 21.8% CAGR for the next 8-year period.
Geographic Region Analysis
A comprehensive examination of the market's presence across distinct geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, and the Rest of World. Independent assessment of annual revenues in US$ million for the years 2022 to 2030, along with percentage CAGR, offers insights into regional variations and growth prospects.
Historical Review and Long-Term Perspective
Looking back at the years 2016 to 2021, this analysis reviews historical annual revenues in US$ million for the net-zero energy buildings (NZEBs) market across different geographic regions. Moreover, a 14-year perspective (2016, 2023, and 2030) on the distribution of value revenues by region illuminates shifting regional dynamics.
Segment Insights
The market scope delves into specific segments within the net-zero energy buildings (NZEBs) sector, such as HVAC systems, walls & roofs, lighting, other products, commercial applications, and residential applications. This segmentation offers insights into historical trends, current market state, and future potential in these specific areas.
By examining historical data, projecting future trends, and dissecting specific segments, the world net-zero energy buildings (NZEBs) market scope serves as a valuable resource for understanding the evolving landscape of sustainable construction and its impact on the global economy and environment.
The U.S. Market is Estimated at $7.6 Billion, While China is Forecast to Grow at 26.4% CAGR
The Net-Zero Energy Buildings (NZEBs) market in the U.S. is estimated at US$7.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.1 Billion by the year 2030 trailing a CAGR of 26.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.7% and 20% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 21.4% CAGR.
Key Attributes
Report Attribute | Details |
No. of Pages | 363 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $23.3 Billion |
Forecasted Market Value (USD) by 2030 | $114.5 Billion |
Compound Annual Growth Rate | 22.0% |
Regions Covered | Global |
MARKET OVERVIEW
- As We Reach Climate Tipping Points: Net Zero Energy Buildings Are Not a Luxury But a Necessity
- As Time Runs Out, the March Towards Sustainability Must Get Firmer, Faster & Stronger: Global CO2 Emissions in Billion Metric Tons of CO2 Per Year
- How Buildings Contribute Towards Climate Change
- Energy Consumption Worldwide by Sector (in %)
- Global Warming and its Impact on Construction Activities
- Net-Zero Buildings Play an Important Role in Achieving Decarbonization Goals
- Key Sustainability Benefits of Net-Zero Energy Buildings
- Impact of Covid-19 Pandemic and a Looming Global Recession
- Living with COVID-19 Becomes the New Normal
- Pandemic & the Environment: A Review
- The Pandemic is Also An Opportunity to Ignite a Transition to a Greener Global Future
- Renewables Show Resilience
- Russia-Ukraine War Spells Environmental Disaster for Both Air & Water
- Net-Zero Energy Buildings (NZEBs) - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Net-Zero Energy Buildings (NZEBs): The Concept, Importance & Benefits
- NZEB Key Features
- Net Zero Building Techniques
- Energy Harvesting by NZEBs
- Green Buildings Vs NZEBs
- Core Benefits offered by NZEBs
- Major Challenges Impeding Wider Adoption of Net-Zero Energy Buildings
- Increased Usage of Sustainable Energy to Drive Growth in Net-Zero Energy Buildings Market
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Net Zero Carbon Goals: How Feasible Are They & What is Needed To Make Them Work?
- Carbon Neutrality Goals of Various Countries
- Paris Climate Agreement & COP26: A Review
- European Commission Proposes Zero-Emission Building Directive for 2030
- Governments' Focus & Emphasis on Energy Efficient Buildings Bodes Well for Market Growth
- Governments' Efforts to Support Net-Zero Buildings
- Policies & Regulatory Efforts in India
- Contribution of Local Governments in Shift towards Energy-Efficient Buildings
- Recent Global Initiatives Aimed at Propelling Construction of Zero-Emission Buildings
- US' Focus on Net Zero Energy Buildings on the Rise
- Advances in Residential NZEBs Hold Potential in Significantly Reducing Power Consumption
- Use of Innovative Building Materials and Highly Energy Efficient Systems Increases to Achieve Net Zero Buildings
- Building Energy Efficiency Codes & Standards, Efficiency Improvement Targets, Incentives & Supporting Polices Lay the Foundation for Growth
- Energy Efficiency Codes & Standards for Existing Buildings
- Government Measures to Support Migration to Net Zero Energy Buildings
- BiPV Rises in Prominence for Its Ability to Achieve Net-Zero Energy in Buildings
- Roofing: The Focus Area for BIPV
- Factors Driving Growth Post COVID-19
- Utilization of Solar Energy to Play a major Role
- Building Energy Management System (BeMS) Emerges to be Crucial to the Net Zero Energy Goal in Buildings
- Role of Insulation in Creating Net Zero Energy Buildings Gets Bigger
- Housewraps Rise in Prominence in Net Zero Buildings to Help Increase Energy Efficiency & Reduce Energy Wastages
- Home Renovations & Need for Better Buildings for Post Pandemic Living to Drive Interest in Net Zero Energy Building Technologies
- Residential Renovations to Regain Lost Momentum Post Pandemic
- The Push to Build Smarter Buildings as Emission Savers to Get Stronger Post Pandemic
- Fuel Cell & Hydrogen Powered Buildings Soon to become a Reality
- Adoption of Smart Lighting Systems Surges for Cutting Energy Costs
- Influence of Energy Efficient HVAC Systems in Net-Zero Buildings
- Rapid Urbanization and Compounding Impact on Climate Crisis to Drive Need for NZE Buildings
FOCUS ON SELECT PLAYERSSelect Competitors (Total 69 Featured)
- Altura Associates, Inc.
- Daikin Industries, Ltd.
- DPR Construction
- Integrated Environmental Solutions Ltd.
- Johnson Controls International
- Kingspan Group plc
- Net Zero Buildings Ltd
- ROCKWOOL Group
- SAGE Electrochromics, Inc.
- Schneider Electric SE
- SunPower Corporation
For more information about this report visit https://www.researchandmarkets.com/r/3g0djr
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