Global Energy Retrofits Market to be driven by Rising Awareness about Energy Conservation

The global market for energy retrofit systems is the focus of study of a recent market research report by Transparency Market Research. The report, titled “Energy Retrofits Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 – 2018,” gives a forward-looking perspective of the market, and furnishes qualitative as well as quantitative data pertaining to the key segments of the market.

In-depth research report on Energy Retrofits Systems Market with Full TOC at : http://www.transparencymarketresearch.com/energy-retrofits-systems.html

Energy retrofitting refers to the process of upgrading the energy-consuming systems of a building. It may involve replacing or improving of lighting fixtures, windows or doors, ventilation systems, or adding insulation where it is economically viable. The definition of retrofitting also encompasses the act of including energy efficiency measures in all types of repair and renovation activities.

The global energy retrofits systems market is driven by a host of factors, including the rising awareness among domestic and industrial users of electricity about the need for improving energy efficiency of their buildings and industry infrastructure to reduce energy costs and greenhouse gas emissions. In several countries in the European Union, local governments have started offering incentives to commercial and domestic buildings that have implemented energy retrofit principles.

However, the market is restrained to some extent by factors such the lack of awareness regarding energy conservation techniques and the lack of government support and initiatives in emerging countries. The high cost involved in adhering to energy retrofit principles is also a major constraint holding back the global energy retrofits systems market in several cash-strapped and developing countries.

Nevertheless, the factor of energy scarcity in several regional markets and the rising demand for energy in the rapidly urbanizing and industrializing areas is expected to prompt governments in regulating the adoption of energy retrofits systems by law in the near future.

The global energy retrofits systems market has been segmented in the report on the basis of building size, age of buildings, energy utilization methods, and energy consuming system technologies. The report also includes a regional segmentation, wherein the market has been studied across regional markets such as Asia Pacific, Europe, North America, and Rest of the World.

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The report also presents a detailed overview of the competitive landscape of the global energy retrofits systems market, wherein business profiles, SWOT analysis, recent technological developments, finance-related data, and other data pertaining to some of the key vendors operating in the global energy retrofits systems market have been included.

Some of the major vendors in the market profiled in the report are Daikin Industries, Ltd., The Benham Companies, LLC/SAIC, Johnson Controls, Schneider Electric, Ameresco, Inc., AECOM Energy, Burns & McDonnell, ConEdison Solutions, Chevron Energy Solutions, Cofely/GDF Suez, and Clark Energy Group, LLC.

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