Press release
Global Energy-Efficient Building Market Projected to Surpass $184.19 Billion by 2029 with 6% Annual Growth
Energy Efficient Building Market Trends
The energy-efficient building market has grown strongly in recent years. It will increase from $135.6 billion in 2024 to $145.84 billion in 2025, at a compound annual growth rate (CAGR) of 7.6%. The growth can be attributed to energy prices, environmental regulations, technological advancements, public awareness, and government incentives.
The energy-efficient building market is expected to grow to $184.19 billion by 2029 at a CAGR of 6.0%, driven by climate change efforts, technological innovations, and urbanization. Trends include net-zero buildings, IoT integration, and circular economy principles.
What Is Contributing to the Growth of the Energy-Efficient Building Market?
Increasing government investment is expected to fuel the growth of the energy-efficient building market. Government investment supports infrastructure development, clean energy initiatives, and sustainable building practices. It plays a crucial role in reducing energy consumption, lowering emissions, and promoting economic growth. For example, the UK's Office for National Statistics reported a 3.9% increase in infrastructure investment in 2023, totaling $14.93 billion. Therefore, government investment is driving the energy-efficient building market.
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Which Key Market Leaders Are Driving Energy-Efficient Building Industry Growth?
Major companies operating in the energy-efficient building market are Siemens AG, Panasonic Corporation, GE Electrical Equipment, Veolia Environnement S.A., Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Daikin Industries Ltd., Toshiba Corporation, Johnson Controls International plc, Eaton Corporation PLC, Carrier Global Corporation, Koninklijke Philips N.V., Trane Technologies plc, Emerson Electric Co., Legrand S.A., Osram GmbH, Acuity Brands Inc., Itron Inc., Zumtobel Group AG, Cree Inc., GridPoint Inc., Pacific Controls Inc., BuildingIQ Inc
What Are the Main Segments in the Energy-Efficient Building Market?
The energy-efficient building market covered in this report is segmented -
1) By Type: Heating, Ventilation, And Air Conditioning (HVAC), Lighting, Building Controls, Water Efficiency, Water Heating, Building Envelope, Other Types
2) By Material: Roofing, Fiber Cement, Concrete Tiles, Insulation, Construction Chemicals, Sealants, Water Proofers, Other Materials
3) By End User: Residential, Commercial, Industrial Sector
Subsegments:
1) By Heating, Ventilation, And Air Conditioning (HVAC): High-Efficiency HVAC Systems, Geothermal Heating And Cooling Systems, Smart Thermostats, Variable Refrigerant Flow (VRF) Systems
2) By Lighting: LED Lighting, Smart Lighting Systems, Solar-Powered Lighting, Dimmable Lighting, Lighting Controls
3) By Building Controls: Building Management Systems (BMS), Energy Management Systems (EMS), Smart Thermostats, Occupancy Sensors, Advanced Metering Infrastructure (AMI)
4) By Water Efficiency: Low-Flow Fixtures, Water-Efficient Landscaping, Rainwater Harvesting Systems, Greywater Recycling Systems
5) By Water Heating: Solar Water Heating Systems, Heat Pump Water Heaters, Tankless Water Heaters, High-Efficiency Water Heaters
6) By Building Envelope: Insulation Materials, Energy-Efficient Windows, Roofing Solutions, Air Sealing And Draft Prevention, Reflective And Insulating Materials
7) By Other Types: Energy-Efficient Appliances, Renewable Energy Systems, Smart Home Technology For Energy Efficiency, Green Building Materials
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Which Geographic Area Leads the Energy-Efficient Building Market?
Europe was the largest region in the energy-efficient building market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the energy-efficient building market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Energy-Efficient Building Global Market Report?
- Market Size Analysis: Analyze the Energy-Efficient Building Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Energy-Efficient Building Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Energy-Efficient Building Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Energy-Efficient Building Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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