Global Zero-energy Buildings Market Information by equipment (Lighting, Walls & roofs, HVAC Systems and others), Application (Residential Buildings and Non-residential Buildings) and Region - Forecast To 2023

Market Synopsis:

As the world is growing towards a future of sustainability and energy-efficiency, the concept of Zero-energy Buildings (ZEBs) is gaining momentum in the architectural industry. These buildings are significant for moving towards a more energy-efficient future. Nowadays manufacturers are focusing on new buildings with energy-efficiency in mind. However, these improvements can also work with existing buildings.

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The net zero-energy building becomes more significant when considered buildings account for over a third of the world’s energy use and associated greenhouse gas emissions. Reduction in water consumption, recycling of waste water through sewage treatment plant, use of plants with low water demand in landscaping, and the use of geothermal cooling for HVAC system, help the market, grow. Rainwater harvesting, and the use of curing compounds during construction, also play an important role for the growth of zero-energy buildings market. Additionally, emission reduction potential of zero-energy buildings materials, higher asset value of environmental friendly buildings, growth in public awareness regarding energy efficient materials such as insulation and windows, also majorly drive the market growth.

Zero-energy buildings incorporate unique construction features that ensure efficient use of resources such water and energy. Zero-energy buildings are characterized as those providing the required building performance over the building life-cycle whilst minimizing the consumption of non-renewable resources and the environmental loadings to land, air and waters.

The green building codes, policies, and programs are continuously tailored and updated so as to promote the adoption of green buildings and transforming the existing and newly constructed buildings. Owing to increasing environmental concerns, stringent regulations for building codes, and rising need to conserve natural energy, are paving way for several lucrative opportunities for the NZEBs market, worldwide.

A ZEB uses as much energy over the course of the year as it generates from onsite renewables. Also called net zero-energy buildings and, nearly zero-energy buildings (ZEBs), ZEBs bring together existing energy efficient technologies to form a high-performance building. Nowadays builders are focusing on commercial and residential buildings of all types, including retail, office, educational, government, buildings.

The industry has responded with innovative solutions for the public and private sectors with the tools necessary to decrease energy consumption and increase the resilience of communities by incorporating the use of energy efficient technology and strategies. An increasingly popular goal for green building is achieving Net Zero-energy. With buildings accounting for nearly 40 percent of the nation’s energy consumption, they serve as a substantial part of energy challenge, as well as a potential solution. With some recent developments, the zero-energy building and near zero-energy building has gained worldwide attention and now it is seen as the future building concept. Since such buildings are now the center of attraction, various advancements in this area are being reported.

The global Zero-energy Buildings market is a very dynamic market and is expected to witness high growth over the forecast period. Zero-energy Buildings are the ones who are good to the environment in addition to being resource efficient throughout their life cycle. Most countries are adopting the zero-energy building concepts and other countries are on their way to join them. The report segments the global zero-energy buildings market, by application (residential and Non-Residential), by equipment (Lighting, walls & roofs, HVAC Systems and others), and by geography (the Americas, Europe, Asia Pacific and RoW).

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Regional Analysis:

Based on regions, the NZEBs market has been segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America accounted for the largest market share in 2016. Countries such as the U.S. and Canada are the early adopters of technologies, which has resulted in high growth in this market. Moreover, sustainability of the European society and economy will be based on renewable energy and resource efficiency. For the building sector, this implies large scale deployment of nearly Zero-Energy Buildings (ZEBs). Stringent government regulations similar to the European Union directive, mandating near zero-energy construction in all new projects by 2021 will drive down costs and encourage energy-efficient innovations in the U.S.

Low operational & maintenance costs and pressure of environmental regulations pertaining emissions are the major factors that drive the zero-energy building market across the globe. In addition, government in developed countries has introduced policies and incentives to encourage green construction, which supplements the growth of this market.

Key Players

The key players of global zero-energy buildings market includes Johnson Controls International Plc (U.S.), SunPower Corporation (U.S.), Kingspan Group (Ireland), General Electric (U.S.), Siemens AG, and Schneider Electric SE , Solatube International, Inc. (U.S.), and Saint-Gobain.

Scope of Report

The report for Global Zero-energy Buildings Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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