Product Code: GVR-2-68038-235-8
Net-zero Energy Buildings Market Growth & Trends:
The global net-zero energy buildings market size is expected to reach USD 141.83 billion by 2030, registering a CAGR of 17.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Net-zero energy buildings are those buildings where ideally 100% of their energy is generated and met with onsite renewable energy sources, thereby reducing the energy consumption over a span of time. ZNE (Zero Net Energy) buildings include ZNE emerging and ZNE verified buildings.
ZNE verified buildings are those buildings that meet the net energy consumption through onsite renewable energy technologies over a course of time. The energy is produced from onsite renewables instead of fuels such as electric, natural gas, and steam. Whereas ZNE emerging buildings have specified targets for achieving nearly-zero energy but are yet to meet the goals as per the definition of ZNE verified buildings. Such emerging buildings are usually in the planning or designing phase or under construction with less than one year of operation.
Technological advancements coupled with stringent policies and programs are expected to considerably propel the demand and adoption of NZEBs. ZNE projects are targeting buildings such as schools, institutional buildings, corporate offices, and public buildings across the globe. The market is expected to gain traction over the forecast period on account of specified targets and regulations laid down by organizations striving to achieve sustainability and reducing carbon emissions. The U.S. consists of relatively more verified and emerging ZNE buildings than other countries. Projects are being undertaken to convert the districts into nearly-zero energy buildings and green buildings.
The regional laws, authorities, bodies, organizations, concerned government departments are working with regional architects, designers, builder & contractors, equipment manufacturers, and material suppliers to promote self-energy sufficient buildings. The large number of successful projects with the use of current technologies and design approaches have created awareness among the population regarding how realistic and achievable the net-zero energy goals are.
The industry is gaining momentum and is predicted to exhibit robust growth, creating lucrative opportunities for equipment producers, material suppliers, and service providers. HVAC systems are one of the most important and energy-consuming parts in the entire building structure. The HVAC systems segment accounted for the largest market share and is anticipated to continue dominating the market over the forecast period.
The consulting & designing services segment is expected to grow at a notable rate and generate healthy revenue over the estimated duration. Furthermore, local and regional organizations are shifting their focus on the residential sector, which is also expected to drive the segment growth. The European region is likely to project a robust growth rate owing to the rising concerns for environment protection, stringent policies, building codes, and sustainability goals stated by the governments of the countries in this region. Large investments made by regional manufacturers and keen emphasis by the monitoring authorities on the adoption of net-zero energy buildings are the major influencing factors for the regional market's substantial growth over the forecast period.
In addition to the analysis of global net-zero energy buildings market trends, the report highlights the opportunities and barriers involved in achieving net-zero energy targets. Moreover, it provides a review on the investor opportunities with key questions answered from an investor's perspective. It also explains the significance of green buildings in improving a business.
Owing to the potential opportunities of the regional market, the energy performance and requirements for different climatic zones, particularly in the European region, is explained in the report. The U.S. accounted for the largest market share in 2016 on account of the large number of ZNE buildings in the country. As such, a list of ZNE verified buildings is provided so as to understand the country's pattern of adopting the technological concept along with its future demands for net-zero emerging buildings.
Net-zero Energy Buildings Market Report Highlights:
- Solution and services dominated the market and accounted for a share of 53.3% in 2023. Software solutions that facilitate real-time monitoring and optimization of energy consumption are becoming essential tools for achieving net-zero goals.
- The equipment segment is expected to register the fastest CAGR of 18.0% during the forecast period. The emergence of smart technologies has revolutionized how buildings consume energy.
- The commercial segment accounted for the largest market revenue share in 2023. The non-residential. Governments worldwide are implementing policies that mandate energy efficiency standards and promote sustainable building practices.
- The residential segment is expected to register the fastest CAGR during the forecast period. Innovations in solar panels, energy-efficient appliances, smart home technologies, and advanced insulation materials have made it more feasible and cost-effective for homeowners to achieve net-zero energy goals.
- Europe net-zero energy buildings market accounted for the largest market revenue share of 36.0% in 2023.
- The Middle East and Africa net-zero energy buildings market is anticipated to register the fastest CAGR growth over the forecast period.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Net-Zero Energy Buildings Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Net-Zero Energy Buildings Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Net-Zero Energy Buildings Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Net-Zero Energy Buildings Market: Component Movement Analysis, 2023 & 2030 (USD Billion)
- 4.3. Equipments
- 4.3.1. Equipments Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.3.2. Lighting
- 4.3.2.1. Lighting Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.3.3. HVAC System
- 4.3.3.1. HVAC System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.3.4. Others
- 4.3.4.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Solution and Services
- 4.4.1. Solution and Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4.2. Software Solutions
- 4.4.2.1. Software Solutions Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4.3. Designing Services
- 4.4.3.1. Designing Services System Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4.4. Consulting Services
- 4.4.4.1. Consulting Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Net-Zero Energy Buildings Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Net-Zero Energy Buildings Market: Application Movement Analysis, 2023 & 2030 (USD Billion)
- 5.3. Commercial
- 5.3.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Residential
- 5.4.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Net-Zero Energy Buildings Market: Regional Estimates & Trend Analysis
- 6.1. Net-Zero Energy Buildings Market Share, By Region, 2023 & 2030 (USD Billion)
- 6.2. North America
- 6.2.1. North America Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.3. Canada
- 6.2.3.1. Canada Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3. Europe
- 6.3.1. Europe Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.2. U.K.
- 6.3.2.1. U.K. Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.3. Germany
- 6.3.3.1. Germany Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.4. France
- 6.3.4.1. France Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.2. China
- 6.4.2.1. China Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.3. Japan
- 6.4.3.1. Japan Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.4. India
- 6.4.4.1. India Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.6. Australia
- 6.4.6.1. Australia Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Latin America
- 6.5.1. Latin America Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Saudi Arabia Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.3. UAE
- 6.6.3.1. UAE Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Net-Zero Energy Buildings Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. Altura Associates LLC
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Canadian Solar Inc.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Daikin Industries Ltd.
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. DABITRON Group Canary Islands
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. General Electric Company
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. GreenTree Global
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. Honeywell International Inc.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. Integrated Environmental Solutions Ltd.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Johnson Control International plc
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Kingspan Group Plc
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/ Strategic Initiatives