Product Code: A323709
The zero emission building market was valued at $28.7 billion in 2023, and is projected to reach $155.1 billion by 2033, growing at a CAGR of 18.4% from 2024 to 2033.
Zero emission buildings are those that have no on-site carbon emission from fossil fuels and exhibit high energy performance. To curb energy usage, these buildings use cutting-edge building materials and adopt sustainable practices. They are designed to be highly insulated, which helps prevent outdoor pollutants from entering the building. Maximum buildings today use a lot of energy by keeping lights on, using air conditioners, heating water, and power personal devices. Such heavy energy load cannot be countered even by installing solar systems. Thus, increase in construction of zero emission buildings serves as an ideal solution to curb the emission of greenhouse gases.
The growth of the global zero emission building market is majorly driven by alarming increase in environmental concerns and implementation of stringent government regulations to mitigate carbon emission and adopt sustainable construction practices. For instance, the European Union designed a Fit for 55 package, which is a set of proposals to amend and update EU legislation and to implement initiatives to ensure that EU policies align with the climate goals agreed by the Council and the European Parliament. Currently, buildings in the EU account for one-third of greenhouse gas emissions. With the implementation of new rules, EU aims to transform all new buildings to zero-emission buildings by 2030. However, high initial costs, technological complexity, and regulatory barriers act as the key deterrent factors of the market. On the contrary, advancements in building materials and increase in installation of high-efficiency HVAC systems to optimize energy use are expected to offer lucrative opportunities for the growth of the market during the forecast period. Furthermore, increase in construction of climate-adaptive buildings that can withstand extreme weather and changing environmental conditions? is anticipated to open new avenues for the market growth.
The zero emission building market is segmented into element type, building type, and region. On the basis of element type, the market is divided into lighting; walls & roofs; heating, ventilation, and air conditioning (HVAC) systems; and others. As per building type, it is segregated into residential and commercial. Region wise, the zero emission building market share is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
On the basis of element type, the heating, ventilation, and air conditioning (HVAC) systems segment is expected to lead the market by 2033.
By building type, the residential segment is expected to exhibit fastest growth throughout the forecast period.
Region wise, Asia-Pacific is projected to dominate the market by 2033.
Competition Analysis
Competitive analysis and profiles of the major players in the global zero emission building market include Skanska AB, Bouygues Construction, Turner Construction Company, Siemens AG, Johnson Controls International plc, Schneider Electric, Tesla, Inc., SunPower Corporation, Mitsubishi Electric Corporation, and GreenTree Global. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to sustain the intense competition in the market.
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- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Expanded list for Company Profiles
- SWOT Analysis
Key Market Segments
By Element Type
- Lighting
- Walls Roofs
- Heating, Ventilation, And Air Conditioning (HVAC) Systems
- Others
By Building Type
By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Malaysia
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA
Key Market Players:
- Skanska AB
- Bouygues Construction
- Turner Construction Company
- Siemens AG
- Johnson Controls International plc
- Schneider Electric
- Tesla, Inc.
- SunPower Corporation
- Mitsubishi Electric Corporation
- GreenTree Global.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report Description
- 1.2. Key Market Segments
- 1.3. Key Benefits
- 1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
- 3.1. Market Definition and Scope
- 3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
- 3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: ZERO EMISSION BUILDING MARKET, BY ELEMENT TYPE
- 4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Element Type
- 4.2. Lighting
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
- 4.3. Walls Roofs
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
- 4.4. Heating, Ventilation, And Air Conditioning (HVAC) Systems
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country
- 4.5. Others
- 4.5.1. Key Market Trends, Growth Factors and Opportunities
- 4.5.2. Market Size and Forecast, By Region
- 4.5.3. Market Share Analysis, By Country
CHAPTER 5: ZERO EMISSION BUILDING MARKET, BY BUILDING TYPE
- 5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Building Type
- 5.2. Residential
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
- 5.3. Commercial
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
CHAPTER 6: ZERO EMISSION BUILDING MARKET, BY REGION
- 6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Region
- 6.2. North America
- 6.2.1. Key Market Trends and Opportunities
- 6.2.2. Market Size and Forecast, By Element Type
- 6.2.3. Market Size and Forecast, By Building Type
- 6.2.4. Market Size and Forecast, By Country
- 6.2.5. U.S. Zero Emission Building Market
- 6.2.5.1. Market Size and Forecast, By Element Type
- 6.2.5.2. Market Size and Forecast, By Building Type
- 6.2.6. Canada Zero Emission Building Market
- 6.2.6.1. Market Size and Forecast, By Element Type
- 6.2.6.2. Market Size and Forecast, By Building Type
- 6.2.7. Mexico Zero Emission Building Market
- 6.2.7.1. Market Size and Forecast, By Element Type
- 6.2.7.2. Market Size and Forecast, By Building Type
- 6.3. Europe
- 6.3.1. Key Market Trends and Opportunities
- 6.3.2. Market Size and Forecast, By Element Type
- 6.3.3. Market Size and Forecast, By Building Type
- 6.3.4. Market Size and Forecast, By Country
- 6.3.5. France Zero Emission Building Market
- 6.3.5.1. Market Size and Forecast, By Element Type
- 6.3.5.2. Market Size and Forecast, By Building Type
- 6.3.6. Germany Zero Emission Building Market
- 6.3.6.1. Market Size and Forecast, By Element Type
- 6.3.6.2. Market Size and Forecast, By Building Type
- 6.3.7. Italy Zero Emission Building Market
- 6.3.7.1. Market Size and Forecast, By Element Type
- 6.3.7.2. Market Size and Forecast, By Building Type
- 6.3.8. Spain Zero Emission Building Market
- 6.3.8.1. Market Size and Forecast, By Element Type
- 6.3.8.2. Market Size and Forecast, By Building Type
- 6.3.9. UK Zero Emission Building Market
- 6.3.9.1. Market Size and Forecast, By Element Type
- 6.3.9.2. Market Size and Forecast, By Building Type
- 6.3.10. Russia Zero Emission Building Market
- 6.3.10.1. Market Size and Forecast, By Element Type
- 6.3.10.2. Market Size and Forecast, By Building Type
- 6.3.11. Rest of Europe Zero Emission Building Market
- 6.3.11.1. Market Size and Forecast, By Element Type
- 6.3.11.2. Market Size and Forecast, By Building Type
- 6.4. Asia-Pacific
- 6.4.1. Key Market Trends and Opportunities
- 6.4.2. Market Size and Forecast, By Element Type
- 6.4.3. Market Size and Forecast, By Building Type
- 6.4.4. Market Size and Forecast, By Country
- 6.4.5. China Zero Emission Building Market
- 6.4.5.1. Market Size and Forecast, By Element Type
- 6.4.5.2. Market Size and Forecast, By Building Type
- 6.4.6. Japan Zero Emission Building Market
- 6.4.6.1. Market Size and Forecast, By Element Type
- 6.4.6.2. Market Size and Forecast, By Building Type
- 6.4.7. India Zero Emission Building Market
- 6.4.7.1. Market Size and Forecast, By Element Type
- 6.4.7.2. Market Size and Forecast, By Building Type
- 6.4.8. South Korea Zero Emission Building Market
- 6.4.8.1. Market Size and Forecast, By Element Type
- 6.4.8.2. Market Size and Forecast, By Building Type
- 6.4.9. Australia Zero Emission Building Market
- 6.4.9.1. Market Size and Forecast, By Element Type
- 6.4.9.2. Market Size and Forecast, By Building Type
- 6.4.10. Thailand Zero Emission Building Market
- 6.4.10.1. Market Size and Forecast, By Element Type
- 6.4.10.2. Market Size and Forecast, By Building Type
- 6.4.11. Malaysia Zero Emission Building Market
- 6.4.11.1. Market Size and Forecast, By Element Type
- 6.4.11.2. Market Size and Forecast, By Building Type
- 6.4.12. Indonesia Zero Emission Building Market
- 6.4.12.1. Market Size and Forecast, By Element Type
- 6.4.12.2. Market Size and Forecast, By Building Type
- 6.4.13. Rest of Asia-Pacific Zero Emission Building Market
- 6.4.13.1. Market Size and Forecast, By Element Type
- 6.4.13.2. Market Size and Forecast, By Building Type
- 6.5. LAMEA
- 6.5.1. Key Market Trends and Opportunities
- 6.5.2. Market Size and Forecast, By Element Type
- 6.5.3. Market Size and Forecast, By Building Type
- 6.5.4. Market Size and Forecast, By Country
- 6.5.5. Brazil Zero Emission Building Market
- 6.5.5.1. Market Size and Forecast, By Element Type
- 6.5.5.2. Market Size and Forecast, By Building Type
- 6.5.6. South Africa Zero Emission Building Market
- 6.5.6.1. Market Size and Forecast, By Element Type
- 6.5.6.2. Market Size and Forecast, By Building Type
- 6.5.7. Saudi Arabia Zero Emission Building Market
- 6.5.7.1. Market Size and Forecast, By Element Type
- 6.5.7.2. Market Size and Forecast, By Building Type
- 6.5.8. UAE Zero Emission Building Market
- 6.5.8.1. Market Size and Forecast, By Element Type
- 6.5.8.2. Market Size and Forecast, By Building Type
- 6.5.9. Argentina Zero Emission Building Market
- 6.5.9.1. Market Size and Forecast, By Element Type
- 6.5.9.2. Market Size and Forecast, By Building Type
- 6.5.10. Rest of LAMEA Zero Emission Building Market
- 6.5.10.1. Market Size and Forecast, By Element Type
- 6.5.10.2. Market Size and Forecast, By Building Type
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top Winning Strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
- 8.1. Skanska AB
- 8.1.1. Company Overview
- 8.1.2. Key Executives
- 8.1.3. Company Snapshot
- 8.1.4. Operating Business Segments
- 8.1.5. Product Portfolio
- 8.1.6. Business Performance
- 8.1.7. Key Strategic Moves and Developments
- 8.2. Bouygues Construction
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Operating Business Segments
- 8.2.5. Product Portfolio
- 8.2.6. Business Performance
- 8.2.7. Key Strategic Moves and Developments
- 8.3. Turner Construction Company
- 8.3.1. Company Overview
- 8.3.2. Key Executives
- 8.3.3. Company Snapshot
- 8.3.4. Operating Business Segments
- 8.3.5. Product Portfolio
- 8.3.6. Business Performance
- 8.3.7. Key Strategic Moves and Developments
- 8.4. Siemens AG
- 8.4.1. Company Overview
- 8.4.2. Key Executives
- 8.4.3. Company Snapshot
- 8.4.4. Operating Business Segments
- 8.4.5. Product Portfolio
- 8.4.6. Business Performance
- 8.4.7. Key Strategic Moves and Developments
- 8.5. Johnson Controls International Plc
- 8.5.1. Company Overview
- 8.5.2. Key Executives
- 8.5.3. Company Snapshot
- 8.5.4. Operating Business Segments
- 8.5.5. Product Portfolio
- 8.5.6. Business Performance
- 8.5.7. Key Strategic Moves and Developments
- 8.6. Schneider Electric
- 8.6.1. Company Overview
- 8.6.2. Key Executives
- 8.6.3. Company Snapshot
- 8.6.4. Operating Business Segments
- 8.6.5. Product Portfolio
- 8.6.6. Business Performance
- 8.6.7. Key Strategic Moves and Developments
- 8.7. Tesla, Inc.
- 8.7.1. Company Overview
- 8.7.2. Key Executives
- 8.7.3. Company Snapshot
- 8.7.4. Operating Business Segments
- 8.7.5. Product Portfolio
- 8.7.6. Business Performance
- 8.7.7. Key Strategic Moves and Developments
- 8.8. SunPower Corporation
- 8.8.1. Company Overview
- 8.8.2. Key Executives
- 8.8.3. Company Snapshot
- 8.8.4. Operating Business Segments
- 8.8.5. Product Portfolio
- 8.8.6. Business Performance
- 8.8.7. Key Strategic Moves and Developments
- 8.9. Mitsubishi Electric Corporation
- 8.9.1. Company Overview
- 8.9.2. Key Executives
- 8.9.3. Company Snapshot
- 8.9.4. Operating Business Segments
- 8.9.5. Product Portfolio
- 8.9.6. Business Performance
- 8.9.7. Key Strategic Moves and Developments
- 8.10. GreenTree Global.
- 8.10.1. Company Overview
- 8.10.2. Key Executives
- 8.10.3. Company Snapshot
- 8.10.4. Operating Business Segments
- 8.10.5. Product Portfolio
- 8.10.6. Business Performance
- 8.10.7. Key Strategic Moves and Developments