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Net-Zero Energy Buildings Market
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Net-Zero Energy Buildings MarketSet to Exceed USD 96,008 Million By 2026 | CAGR 29.8% “Net-Zero Energy Buildings Market [By Type (Residential, Commercial); By Equipment (HVAC Systems, Lighting, Walls and Roofs, Others); By Region]: Market Size & Forecast, 2017 – 2026”
Net-Zero Energy Buildings Market Estimate & Forecast to 2026 According to a new research published by Polaris Market Research the net-zero energy buildings market is anticipated to reach over USD 96,008 million by 2026. In 2017, the commercial net-zero energy buildings segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period. Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of net-zero energy buildings. Growing concerns regarding environment, depleting fuel resources, and increasing need to reduce energy consumption further support the growth of this market. Additionally, the increasing acceptance and reducing operation costs would boost market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Increasing investments by vendors in technological advancements coupled with research and development further boost the market growth. The demand for net-zero energy buildings has increased over the years owing to increasing energy concerns, and environment consciousness across the globe. The exponential growth in the prices of traditional fuel owing to the depleting fossil fuel reserves has encouraged consumers to switch to renewable sources for operations in net-zero energy buildings. Limited awareness among consumers has limited the adoption of these buildings in the past. However, with significant government initiatives and substantial investments, the development of net-zero energy buildings has accelerated significantly.
Net-Zero Energy Buildings Market Estimate & Forecast to 2026 North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing awareness among consumers, and rising environmental concerns drive the market growth in the region. The governments in the region are collaborating with engineers and architects to promote the adoption of Net-Zero Energy Buildings. Public structures and universities are adopting net-zero energy buildings owing to stringent government regulations, and the need to reduce operation costs. Numerous key players have adopted partnership and expansion strategies to increase their market share in net-zero energy building markets of the North American region. Access Research Report On Net-Zero Energy Buildings Market The well-known companies profiled in the report include Siemens AG, General Electric, Johnson Controls International plc, SunPower Corporation, Altura Associates, Inc., Sage Electrochromics, Inc., Daikin Industries Ltd., Schneider Electric, Kingspan Group plc, and Integrated Environmental Solutions (IES) Limited among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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