Global Energy Efficiency in Residential Buildings Market Growth (Status and Outlook) 2023-2029
Energy efficiency is an essential aspect in the design and operation of residential buildings. Residential energy consumption is shown to account for approximately 8% of the electricity and 3.5% of the natural gas consumption in the U.S. The heating, ventilation, and air conditioning (HVAC) system and lighting system are two major factors influencing energy consumption in residential buildings. About 52–72% of the average energy consumed by residential buildings is used to keep buildings at comfortable temperatures, provide hot water, and circulate fresh air indoors. In the service region of the Tennessee Valley Authority (TVA), 92% of the electricity is non-renewable electricity, and approximately 41% is generated by coal. Therefore, energy consumption in residential buildings directly relates to the proportion of pollutants and greenhouse gas emissions from the power plants. With the development of advanced technology and strict energy policies, however, the energy consumption in the residential sector and the corresponding emission of pollutants can be significantly reduced.
LPI (LP Information)' newest research report, the “Energy Efficiency in Residential Buildings Industry Forecast” looks at past sales and reviews total world Energy Efficiency in Residential Buildings sales in 2022, providing a comprehensive analysis by region and market sector of projected Energy Efficiency in Residential Buildings sales for 2023 through 2029. With Energy Efficiency in Residential Buildings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Energy Efficiency in Residential Buildings industry.
This Insight Report provides a comprehensive analysis of the global Energy Efficiency in Residential Buildings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Energy Efficiency in Residential Buildings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Energy Efficiency in Residential Buildings market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Energy Efficiency in Residential Buildings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Energy Efficiency in Residential Buildings.
The global Energy Efficiency in Residential Buildings market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Energy Efficiency in Residential Buildings is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Energy Efficiency in Residential Buildings is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Energy Efficiency in Residential Buildings is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Energy Efficiency in Residential Buildings players cover Johnson Controls, Siemens, Honeywell, Eaton Corporation, Carrier (UTC), Schneider Electric, Fujitsu General, Emerson Electric and General Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Energy Efficiency in Residential Buildings market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
HVAC
Lighting
Cooking
Laundry and Dishwashers
Electronics
Other
Segmentation by application
Single-Family Home
Multi-Family Home
Condominium
Townhouse
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson Controls
Siemens
Honeywell
Eaton Corporation
Carrier (UTC)
Schneider Electric
Fujitsu General
Emerson Electric
General Electric
Trane
Bosch Thermotechnology
Hitachi
Please note: The report will take approximately 2 business days to prepare and deliver.
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