Global Energy-Efficient Building Market to Grow 9.6% by 2020 - Growing Number of Green Buildings - Research and Markets
Research and Markets has announced the addition of the "Global
Energy-Efficient Building Market 2016-2020" report to their
offering.
The report forecasts the global energy-efficient building market to grow
at a CAGR of 9.6% during the period 2016-2020.
Rising energy prices will be a key trend for market growth. Constant
depletion of energy from natural resources without replenishment and a
simultaneous increase in energy demand from various residential and
commercial operations have resulted in a marked increase in energy cost
over the years. For example, in the US, average electricity price for
retail and residential sectors notched up a 2.3% annual growth rate from
2008-2015. This has led to the growing demand for energy-efficient
buildings worldwide. The focus has shifted from energy generation to
energy conservation. The aim of designing these buildings is to improve
the operational efficiency and slash overall energy costs. Moreover,
they are also designed to help in the conservation of fossil fuels,
thereby reducing the overall impact on the environment.
According to the report, one of the key drivers will be the need to
enhance energy efficiency in existing buildings. The purpose of having
green buildings is to ensure a sustainable energy resource for efficient
operations. These energy-efficient buildings utilize renewable and
recyclable energy and also focus on conserving the energy wherever
possible. The gap between green and non-green buildings can be filled up
by improving the efficiencies of the existing non-green buildings by a
process called retrofitting. It essentially involves insulating the
buildings and installing energy efficient fixtures. LEED EBOM, in the
US, specializes on improving the energy efficiency of the existing
buildings.
Further, the report states that one of the challenges for the market
will be low consumer awareness about energy-efficient buildings.
Key vendors:
-
Honeywell
-
Johnson Controls
-
Schneider
-
Siemens
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/3d8zff/global
Related Topics: Energy
and Natural Resources
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Copyright Business Wire 2016
Source: Business Wire
(August 15, 2016 - 9:34 AM EDT)
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