Press release
Impact of COVID-19 on Nonresidential Green Buildings Market Size, Share, Growth, Demand, Emerging Trends and Global Forecast to 2023
The Business Research Company offers "Nonresidential Green Buildings Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global nonresidential green buildings market is expected to decline from $85.1 billion in 2019 and to $79.05 billion in 2020 at a compound annual growth rate (CAGR) of -7.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The criteria for green building constructions are expected to change in preparedness to prevention and control of such pandemic diseases in coming years. The market is then expected to recover and reach $103.08 billion in 2023 at CAGR of 9.3%.
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The nonresidential green buildings market consists of sales of nonresidential green buildings. Green Buildings, in its design, construction or operation, have minimal or no negative impacts on environment and climate but have positive impacts by preserving precious natural resources and improve our quality of life. This practice creates and uses healthier and more resource-efficient models of construction, renovation, operation, maintenance and demolition. The market consists of revenue generated by the companies and people by the sale of Nonresidential Green Buildings.
Increased need for sustainable and eco-friendly solutions contributed to the growth of the Nonresidential green building market. According to the USGBC (U.S. Green Building Council) report, green buildings can reduce carbon emission by 34% and consume 25% less energy than the conventional buildings. It has now become essential for Commercial construction companies to give priority to sustainable design and construction techniques to utilize our planets finite resources in a sensible way. Encouraging sustainable business practices is an important reason for building green in most countries for conservation of energy and protecting natural resources. Moreover, increased concerns of global warming resulted in sustainable and ecofriendly activities increased the demand for Nonresidential green building market.
Nonresidential Green Buildings Market Segmentation: -
By Product
Interior Products
Exterior Products
By Application
Office
Education
Hotels And Restaurants
Retail
Institutional/ Assembly
Healthcare
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Few Points From Table Of Content
1. Executive Summary
2. Nonresidential Green Buildings Market Characteristics
3. Nonresidential Green Buildings Market Size And Growth
4. Nonresidential Green Buildings Market Segmentation
5. Nonresidential Green Buildings Market Regional And Country Analysis
......
25. Nonresidential Green Buildings Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Nonresidential Green Buildings Market
27. Nonresidential Green Buildings Market Trends And Strategies
28. Nonresidential Green Buildings Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Nonresidential Green Buildings Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Nonresidential Green Buildings Market are Turner Corp., Clark Construction, AECOM, Swinerton, Hensel Phelps, Skanska, Whiting-Turner Contracting Co.,null, Holder Construction, Webcor, Walsh Group
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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