The Global Zero Energy Buildings Market is expected to gain an unprecedented value of USD 235.445 billion by 2030, with 28.4% CAGR during the forecast period (2022–2030). The report envelops segmentation and drivers for a better glimpse of the market in the coming years. Zero-energy buildings is a concept in which all energy requirements are met from low-cost, locally available, non-polluting, renewable energy sources. These are usually high performing, efficient buildings that use, over the course of a year, renewable technologies to generate as much energy as they consume from purchased commercial energy sources.
Prominent players profiled in the Zero Energy Buildings Market are SunPower Corporation (US), Kingspan Group (Ireland), Solatube International, Inc. (US), Saint-Gobain (France), Daikin Industries, Ltd. (Japan), General Electric (US), Johnson Controls International plc (Ireland), Honeywell International Inc (US), Schneider Electric (France), and Siemens (Spain).
Mergers, collaborations, and acquisitions are some of the strategies that these companies have adopted to stay ahead of the rest.
The global market for zero energy buildings is segmented based on equipment and application.
By equipment, The HVAC systems dominated the global market as they are most significant and energy-consuming parts in the entire building structure leading to significant energy savings in high-performance buildings.
Based on application, the global zero energy buildings market is divided into Residential and Non-Residential segments. The non-residential segment accounted for the larger market share due to rising awareness and additional investments in enhancing energy efficiency and developing renewable energy sources among owners of non-residential buildings, resulting in substantial energy savings.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/zero-energy-buildings-market-5325
Geographic analysis of the Global Zero Energy Buildings Market spans across North America, Europe, Asia-Pacific (APAC) and the rest of the world. In 2018, North America was the leading market with a market valuation of USD 4,186.8 Million. The value of the regional market is expected to reach USD 9,868.9 Million by 2025, with an impressive 13.14% CAGR during the forecast period.
North America is also the fastest-growing region in the global zero energy buildings market, with US, Canada, Mexico being the major markets. The zero-energy building market is expected to witness highest growth rate owing to the increasing environmental concerns and growing awareness amongst consumers. The fast-growing construction industry along with stringent government regulations mandating near zero-energy construction drives the demand for zero energy buildings market in the region.
In 2018, Europe held the second largest share of the zero energy buildings market.
The market is expecting significant growth due to the stringent regulations adopted by the governments in Europe for increasing the adoption of zero-energy building technologies. Such factors are expected to increase the market share of the region during the forecast period. In 2018, the regional market was valued at USD 2,721.6 million, which is expected to reach USD 7,042.3 million by 2025 with a 14.66% CAGR during the forecast period. The growing construction industry along with the rising demand for HVAC systems are anticipated to raise the demand for zero energy buildings in the region.