Net-Zero Energy Buildings (NZEBs)

Net-Zero Energy Buildings (NZEBs)

Global Net-Zero Energy Buildings (NZEBs) Market to Reach US$123.8 Billion by 2030

The global market for Net-Zero Energy Buildings (NZEBs) estimated at US$30.7 Billion in the year 2023, is expected to reach US$123.8 Billion by 2030, growing at a CAGR of 22.1% over the analysis period 2023-2030. HVAC Systems, one of the segments analyzed in the report, is expected to record a 23.6% CAGR and reach US$60.4 Billion by the end of the analysis period. Growth in the Walls & Roofs segment is estimated at 21.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$9.3 Billion While China is Forecast to Grow at 26.2% CAGR

The Net-Zero Energy Buildings (NZEBs) market in the U.S. is estimated at US$9.3 Billion in the year 2023. 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 26.2% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 19.4% and 19.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 21.1% CAGR.

Global Net-Zero Energy Buildings (NZEBs) Market - Key Trends & Drivers Summarized

Net-Zero Energy Buildings (NZEBs) represent a paradigm shift in the construction and energy sectors, aiming to create buildings that produce as much energy as they consume over a year. These buildings integrate advanced energy-efficient designs, renewable energy sources, and smart technologies to minimize energy consumption and maximize energy production. Key features of NZEBs include high-performance insulation, energy-efficient windows, airtight construction, and the incorporation of renewable energy systems such as solar panels and wind turbines. The objective is to achieve a balance between energy consumption and generation, thereby reducing the carbon footprint and promoting sustainability.

The concept of NZEBs has gained significant traction in recent years, driven by regulatory frameworks, financial incentives, and growing environmental awareness. Governments around the world are implementing stringent building codes and offering incentives to promote the adoption of NZEBs. Additionally, the falling costs of renewable energy technologies and advancements in building materials and design practices are making NZEBs more economically viable. The integration of smart grid technologies and energy management systems further enhances the efficiency and reliability of these buildings, ensuring optimal energy performance.

The growth in the Net-Zero Energy Buildings market is driven by several factors. Regulatory mandates and policies aimed at reducing greenhouse gas emissions and improving energy efficiency are major drivers, as they compel builders and developers to adopt NZEB practices. The decreasing cost of renewable energy technologies, such as solar panels and energy storage systems, has made it more feasible to achieve net-zero energy targets. Technological advancements in building materials, insulation, and energy management systems are also contributing to the increased adoption of NZEBs. Moreover, the rising awareness of climate change and the benefits of sustainable living are encouraging both consumers and businesses to invest in energy-efficient and environmentally friendly buildings. Financial incentives and support from governments and international organizations are further bolstering the growth of the NZEB market.

Select Competitors (Total 69 Featured) -

• Capgemini SE
• Certain Teed Corporation
• Delta Electronics, Inc.
• Autodesk, Inc.
• Daikin Industries Ltd.
• Danfoss A/S
• Altura Associates, Inc.
• Bosch Thermotechnik GmbH
• Gensler
• Emissions Reduction Alberta
• DPR Construction
• Envision Group
• Cannon Design
• Entegrity
• Green Prefab

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