16th September 2019 – Global Net-Zero
Energy Buildings (NZEBs) Market is expected to reach USD 78.79 billion
by 2025. Net-Zero Energy Building (NZEBs) is also termed as zero-energy
building, zero net energy (ZNE), or net zero building are commercial or
residential building with significantly reduced energy need. It is a building
with zero net energy depletion, that is the whole amount of energy used by the
building on a yearly basis is coarsely equal to the amount of renewable energy
formed on the site. The Net-Zero Energy Buildings (NZEBs) Market is estimated
to grow at a significant CAGR over the forecast period as the scope and its
applications are rising enormously across the globe.
Net-Zero Energy Building (NZEBs) Market
is segmented based on equipment type, services, application, and region. HVAC
systems, lighting, walls & roofs, and other equipment types could be
explored in Net-Zero Energy Building (NZEBs) in the forecast period. HVAC
systems sector accounted for the substantial market share and is estimated to
lead the overall market in the coming years.
Consulting & designing and software
are the two main services that could be explored in Net-Zero Energy Building
(NZEBs) in the forecast period. Software’s are mainly used by consultants,
architects, designers, and engineers and comprises of various designing tools
like AutoCAD and CAD. The consulting & designing sector accounted for the
substantial market share of Net-Zero Energy Buildings (NZEBs). This may be
because of growing awareness and high demand for ZNE structures from
residential and commercial sectors across the globe. Also, software sector is estimated
to grow at steady pace in the coming years.
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The market may be categorized based on
applications like residential, commercial, and others that could be explored in
the forecast period. The commercial sector accounted for the largest market
share of Net-Zero Energy Building (NZEBs) and is estimated to lead the overall
market in the coming years. This may be because of high demand from residential
area. Commercial building structure includes huge production/.manufacturing
plants, institutes, government offices, and corporate offices. The residential
sector is estimated to grow at fastest pace in the coming years.
Globally, North America accounted for
the largest market share of Net-Zero Energy Building (NZEBs) and is estimated
to lead the overall market in coming years. The United States and Canada are
the major consumers of overall market in the region. The reason behind the
overall market growth could be a strict the United States government policy to
accomplish the sustainability of present and new buildings and presence of
numerous Net-Zero Energy Building in California.
Instead, Europe and the Asia Pacific are
also estimated to have a positive influence on the future growth. Europe is the
second largest region with significant market share. However, Asia Pacific is
estimated to grow at fastest pace with the highest CAGR in the foremost period.
The aspects that may be ascribed to the growth comprise growing population in
urban areas, increasing awareness among populace regarding green buildings, and
growing investment in infrastructural development. The developing countries as
Japan, India, and China are the major consumers of Net-Zero Energy Buildings
(NZEBs) in the region.
The key players of Net-Zero Energy
Building (NZEBs) Market are Schneider Electric, Johnson Controls, Siemens AG,
SunPower Corporation, Integrated Environmental Solutions, Kingspan Group, and
General Electric. These players are concentrating on inorganic growth to
sustain themselves amongst fierce competition. As companies all over the world
have to believe that alliance with a market would permit them proportional
market existence and authority to declare the leadership position.
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