Zero-energy Building Market 2023 | Johnson Controls International Plc., SunPower Corporation, Kingspan Group, General Electric, Siemens AG, Schneider Electric SE

Market Synopsis:

As the world is growing towards a future of sustainability and energy-efficiency, the concept of Zero-energy Buildings (ZEBs) is gaining momentum in the architectural industry. These buildings are significant for moving towards a more energy-efficient future. Nowadays manufacturers are focusing on new buildings with energy-efficiency in mind. However, these improvements can also work with existing buildings.

The net zero-energy building becomes more significant when considered buildings account for over a third of the world’s energy use and associated greenhouse gas emissions. Reduction in water consumption, recycling of waste water through sewage treatment plant, use of plants with low water demand in landscaping, and the use of geothermal cooling for HVAC system, help the market, grow. Rainwater harvesting, and the use of curing compounds during construction, also play an important role for the growth of zero-energy buildings market. Additionally, emission reduction potential of zero-energy buildings materials, higher asset value of environmental friendly buildings, growth in public awareness regarding energy efficient materials such as insulation and windows, also majorly drive the market growth.

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Zero-energy buildings incorporate unique construction features that ensure efficient use of resources such water and energy. Zero-energy buildings are characterized as those providing the required building performance over the building life-cycle whilst minimizing the consumption of non-renewable resources and the environmental loadings to land, air and waters.
The green building codes, policies, and programs are continuously tailored and updated so as to promote the adoption of green buildings and transforming the existing and newly constructed buildings. Owing to increasing environmental concerns, stringent regulations for building codes, and rising need to conserve natural energy, are paving way for several lucrative opportunities for the NZEBs market, worldwide.

A ZEB uses as much energy over the course of the year as it generates from onsite renewables. Also called net zero-energy buildings and, nearly zero-energy buildings (ZEBs), ZEBs bring together existing energy efficient technologies to form a high-performance building. Nowadays builders are focusing on commercial and residential buildings of all types, including retail, office, educational, government, buildings.

The industry has responded with innovative solutions for the public and private sectors with the tools necessary to decrease energy consumption and increase the resilience of communities by incorporating the use of energy efficient technology and strategies. An increasingly popular goal for green building is achieving Net Zero-energy. With buildings accounting for nearly 40 percent of the nation’s energy consumption, they serve as a substantial part of energy challenge, as well as a potential solution. With some recent developments, the zero-energy building and near zero-energy building has gained worldwide attention and now it is seen as the future building concept. Since such buildings are now the center of attraction, various advancements in this area are being reported.

The global Zero-energy Buildings market is a very dynamic market and is expected to witness high growth over the forecast period. Zero-energy Buildings are the ones who are good to the environment in addition to being resource efficient throughout their life cycle. Most countries are adopting the zero-energy building concepts and other countries are on their way to join them. The report segments the global zero-energy buildings market, by application (residential and Non-Residential), by equipment (Lighting, walls & roofs, HVAC Systems and others), and by geography (the Americas, Europe, Asia Pacific and RoW).

Market Research Analysis:

The development of new and diversified technologies is creating exciting opportunities within the sustainable buildings. Building and construction sector accounts for more than two-thirds of total greenhouse gas emissions across the globe. Thus, there is great potential for reducing greenhouse emissions by enhancing the energy efficiency of buildings and communities. Reductions in greenhouse emissions can be accomplished by construction of new green buildings with low energy consumption and retrofitting of existing buildings. Supportive regulations related to the use of materials used in insulation and windows coupled with growing construction industry particularly in developing economies, are expected to positively impact the market growth. Also, the growth in commercial sector, and the shift from rural to urban living will continue. This will lead to a substantial increase in resultant emissions from the buildings sector and would need concentrated efforts to bring down the energy consumption by buildings through various measures.

The design and construction of net zero-energy buildings, are key factors in mitigating the impact of buildings on the environment. Emerging technology and advanced building techniques already enable the design and construction of net zero-energy buildings. There is a growing national awareness of the need for energy independence and this awareness is increasingly reflected in the way of design and building. Professional organizations, government programs, engineers, building contractors, architects, and homeowners are beginning to work towards implementing energy efficient building practices.

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Impact on Workplace Productivity and Health:

Construction activities are increasing, across the globe, particularly in countries such as India and China. People have been focusing more on energy efficient construction due to its advantages such as reduction of overall impact on environment and human health. Sustainable development is the most vibrant and enigmatic global topic in the construction industry in more than a decade. According to Environmental Protection Agency, sustainable buildings can make their surroundings healthier and more sustainable by efficiently utilizing resources, creating a healthy and productive work flow that lower a company's waste production. One more reason for sustainable building construction concerns the resale value. Increasing awareness among architects & construction companies about environmental and social impacts of their buildings, has brought about a surge in sustainable building designs and construction.

Sustainability, Emerging Economies & the Developing World
Sustainability in built environment is becoming a strong force in the construction industry to achieve social and environmental benefits and to lower negative environment impacts. Developing countries play an important role in achieving growth in two major ways. Firstly, the potential economic and social impacts of environmental degradation play a vital role in developing countries. They are the most vulnerable to climate change and tend to be more dependent than advanced economies on the exploitation of natural resources for economic growth.

Scope of the report

This study provides an overview of the global Zero-energy Building market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Zero-energy Building market by its equipment, application and region.

• By Equipment

o Lighting
o Walls & Roofs
o HVAC Systems
o Others

• By Application

o Residential Buildings
o Non-residential Buildings

• By Region

o North America
o Asia Pacific
o Europe
o Rest of the World

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 Johnson Controls International Plc (U.S.)
 SunPower Corporation (U.S.)
 Kingspan Group (Ireland)
 General Electric (U.S.)
 Siemens AG (Germany)
 Schneider Electric SE (France)
 Solatube International, Inc. (U.S.)
 Saint-Gobain (France)

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