Press release
Green Buildings Market valued at USD 538.4 billion in 2024 and is projected to reach USD 954.1 billion by 2030
Green Buildings Market
The Green Buildings Market is growing rapidly as governments, developers, corporates, and consumers increasingly prioritize energy efficiency, sustainability, indoor air quality, and carbon reduction in construction. Green buildings incorporate renewable energy systems, smart materials, efficient insulation, water-saving technologies, low-carbon cement, and intelligent building automation, reducing both operational and embodied emissions.
The global market is valued at USD 538.4 billion in 2024 and is projected to reach USD 954.1 billion by 2030, growing at a CAGR of 10.0% during 2024-2030. Growth is driven by net-zero energy building mandates, rising ESG commitments, and government incentives supporting sustainable construction and retrofitting.
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Market Growth (2024-2030)
• Market Size 2024: USD 538.4 billion
• Market Size 2030: USD 954.1 billion
• CAGR: 10.0%
North America and Europe lead adoption due to strict building energy codes, while Asia-Pacific is experiencing the fastest expansion in commercial and residential green construction projects.
Key Market Drivers
• Increasing government incentives for green certifications such as LEED, BREEAM, IGBC, and WELL
• Rising global emphasis on carbon neutrality and sustainable construction
• Higher demand for energy-efficient HVAC, lighting, and building automation
• Corporate ESG mandates promoting sustainable real estate investments
• Growing preference for healthy, low-VOC, and environmentally friendly building materials
• Rapid adoption of renewable energy systems in commercial and residential buildings
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Market Segmentation
By Building Type
• Residential Buildings
• Commercial Buildings
• Industrial Buildings
• Institutional & Educational Buildings
• Hospitality Buildings
• Healthcare Facilities
• Government & Public Infrastructure
By Component
• Materials
o Low-Carbon Cement
o Recycled Steel
o High-Performance Insulation
o Sustainable Wood Products
o Glass & Façade Solutions
o Green Roofing Materials
• Technologies
o Smart Building Automation
o Energy-Efficient HVAC
o Solar Photovoltaics
o LED Lighting & Controls
o Water Recycling & Purification
o Smart Meters & Sensors
By Construction Type
• New Construction
• Renovation & Retrofitting
By Certification Type
• LEED
• BREEAM
• WELL Building Standard
• IGBC
• Green Star
• Others (National & Regional Certifications)
By End-Use Industry
• Real Estate & Construction
• Corporate & Commercial
• Government & Public Sector
• Education
• Healthcare
• Retail & Hospitality
By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
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Key Market Trends
• Rapid surge in net-zero energy buildings and carbon-neutral campuses
• Smart building systems integrating IoT, AI, and digital twins for energy optimization
• Expansion of green retrofit programs for aging infrastructure
• Growing use of sustainable materials like green concrete, bamboo, and recycled steel
• Adoption of rainwater harvesting, greywater recycling, and advanced plumbing systems
• Green financing growth-green bonds, carbon credits, and sustainability-linked loans
Competitive Landscape
Prominent companies in the Green Buildings Market include:
• Saint-Gobain
• Carrier Global Corporation
• Johnson Controls
• Siemens AG
• Schneider Electric
• Kingspan Group
• Holcim (LafargeHolcim)
• VELUX Group
• Skanska
• Honeywell International
These companies invest in smart building technologies, energy-efficient systems, and sustainable construction materials to support global green infrastructure expansion.
Recent Developments
• Expansion of low-carbon cement production by leading manufacturers
• Launch of net-zero building initiatives across corporate campuses and commercial real estate
• Governments introducing stricter building performance standards and emissions codes
• Increased adoption of smart HVAC, IoT sensors, and automated energy management
• Green building certification programs expanding in APAC and Middle East
• Major real estate developers shifting toward sustainable portfolios powered by renewable energy
This report is also available in the following languages : Japanese (グリーンビルディング市場), Korean (녹색 건물 시장), Chinese (绿色建筑市场), French (Marché des bâtiments écologiques), German (Markt für grüne Gebäude), and Italian (Mercato degli edifici verdi), etc.
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Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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