Press release
Net-Zero Energy Buildings Market Size Forecasted To Achieve $88.28 Billion By 2029 With Steady Growth
The Net-Zero Energy Buildings Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Net-Zero Energy Buildings Market Size and Projected Growth Rate?
The net-zero energy buildings market size will grow from $37.66 billion in 2024 to $44.77 billion in 2025 at a compound annual growth rate (CAGR) of 18.9%. The growth in the historic period is attributed to rising urbanization, growing emphasis on lowering greenhouse gas emissions and combating climate change, growing environmental awareness, increasing adoption of net-zero energy buildings in the commercial sector, and the growing need for energy efficiency.
The net-zero energy buildings market size is anticipated to reach $88.28 billion by 2029, growing at a CAGR of 18.5%. This growth is driven by the focus on sustainability, rising demand for environmentally friendly construction, government initiatives to reduce carbon emissions, temperature increases, and population growth. Major trends include innovations in energy-efficient building techniques, renewable energy technology, and integration of advanced building design concepts.
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What Are the Major Segments in the Net-Zero Energy Buildings Market?
The net-zero energy buildingsmarket covered in this report is segmented -
1) By Equipment: Lighting, Walls And Roofs, Heating, Ventilation, And Air Conditioning (HVAC) Systems, Other Equipment
2) By Service: Software, Consulting And Designing
3) By Construction Phase: New Construction, Renovation Or Retrofit, Hybrid Approach
4) By Technology Integration: Passive Design Strategies, Energy-Efficient Systems, Renewable Energy Sources
5) By End-User: Residential, Non-Residential
Subsegments:
1) By Lighting: LED Lighting, Smart Lighting Systems, Daylighting Systems
2) By Walls And Roofs: Insulated Walls, Green Roofs, Solar Roof Panels
3) By Heating, Ventilation, And Air Conditioning (HVAC) Systems: Energy-Efficient HVAC Units, Heat Pumps, Ventilation Systems With Energy Recovery
4) By Other Equipment: Renewable Energy Systems, Energy Storage Systems, Smart Building Management Systems
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What Are The Driving Net-Zero Energy Buildings Market Evolution?
The increasing demand for renewable energy sources is expected to spur the growth of the net-zero energy buildings market. Renewable energy sources like solar, wind, and hydropower are naturally replenishing and contribute to sustainable energy generation. This growing demand is fueled by factors like social influence, decentralized energy generation, corporate commitments, climate change concerns, and public health awareness. Net-zero energy buildings are designed to minimize energy consumption and generate on-site renewable energy to meet their energy needs. These buildings set standards for energy efficiency and environmental responsibility, playing a crucial role in advancing sustainability. For example, the U.S. Department of Energy projected a 75% increase in domestic solar energy generation, from 163 billion kWh in 2023 to 286 billion kWh by 2025. Thus, the rise in renewable energy adoption drives the net-zero energy buildings market.
Which Firms Dominate The Net-Zero Energy Buildings Market Segments?
Major companies operating in the net-zero energy buildings market are Hitachi Ltd., Siemens AG, General Electric Company, Panasonic Corporation, Schneider Electric SE, Mitsubishi Electric Corporation, Honeywell International Inc., Deutsche Bank AG, Daikin Industries Ltd., Johnson Controls Inc., Carrier Global Corporation, Trane Technologies PLC, Skanska AB, Mahindra Group, Kingspan Group PLC, Lendlease Corp, Rockwool Group, CannonDesign Inc., Integral Group Inc., GI Quo Vadis Inc.
What Trends Are Driving Growth in The Net-Zero Energy Buildings Market?
In the net-zero energy buildings market, companies are developing innovative solutions such as open AI-enabled suites to enhance energy efficiency, streamline building management, and reduce carbon emissions. These suites utilize AI technologies to optimize building performance toward achieving net-zero energy consumption. For instance, Siemens AG, a Germany-based automation company, launched Building X in June 2022, an open AI-enabled suite to help create net-zero buildings. The suite is part of Siemens Xcelerator and is modular, scalable, and integrates various building systems to manage operations efficiently and support the transition to net-zero emissions.
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Which Is The Largest Region In The Net-Zero Energy Buildings Market?
North America was the largest region in the net-zero energy buildings market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the net-zero energy buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Net-Zero Energy Buildings Market?
2. What is the CAGR expected in the Net-Zero Energy Buildings Market?
3. What Are the Key Innovations Transforming the Net-Zero Energy Buildings Industry?
4. Which Region Is Leading the Net-Zero Energy Buildings Market?
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