The global demand for Zero-Energy Buildings Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Zero energy building is a construction or a building with zero carbon emissions and zero net energy consumption calculated over time. These buildings combine energy-saving features, renewable energy generation, and microgeneration technologies to meet the energy needs onsite. Many of these buildings are independent of the national electric grid but can be part of a smart grid. They apply holistic design principles to take advantage of the free naturally occurring assets available, such as natural ventilation, daylighting, thermal mass, passive solar orientation, and nighttime cooling. The development of modern ZEBs is becoming a possibility mainly because of the progress made in energy and construction technologies and techniques.
Market Dynamics
ZEBs is an emerging trend due to stringent regulatory/voluntary environmental standards, introduced to address the increasing environmental issues like climate change, natural resource conservation, pollution, ecology, and population. Innovations improved by academic research, to collect precise energy performance data on experimental buildings and use advanced computer models to predict the efficacy of engineering designs will benefit the growth of this market. Increased initiatives by government and private agencies to create awareness about the ZEBs will further propel market growth. High development costs and the various limitations in achieving the zero energy targets will be the critical factors hampering this market's growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of zero-energy buildings.
Market Segmentation
The entire zero-energy buildings market has been sub-categorized into equipment and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Equipment
- HVAC Systems
- Lighting Walls & Roofs
- Others
By Application
- Non-Residential
- Residential
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for zero-energy buildings market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Zero-Energy Buildings Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the zero-energy buildings market include Daikin Industries, Ltd., General Electric, Johnson Controls International plc, Honeywell International Inc., Schneider Electric, Siemens, SunPower Corporation, Kingspan Group, Solatube International, Inc., Saint-Gobain. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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