Fast Market Research

Recent Study: Global Zero-Energy Buildings Market to Grow at a CAGR of 35.4% over the Period 2014-2019

Fast Market Research announces the availability of the new TechNavio report, "Global Zero-energy Buildings Market 2015-2019", on their comprehensive research portal


Boston, MA -- (SBWIRE) -- 09/09/2015 -- Fast Market Research announces the availability of Technavio's new report "Global Zero-energy Buildings Market 2015-2019" on their comprehensive research portal.

Zero energy buildings consume only as much energy as they generate within a year. Green building practices are becoming more common in the global construction industry. With increasing energy costs and growing GHG emissions, both residential and commercial and public buildings need to be energy efficient. In some EU countries, local governments have mandated building codes and green ratings for commercial buildings and are also providing incentives for zero energy buildings.

Technavio's analysts forecast the global zero energy buildings market to grow at a CAGR of 35.4% over the period 2014-2019.

Get More Details on this Report and a Full Table of Contents at Global Zero-energy Buildings Market 2015-2019

Get More Details on this Report and a Full Table of Contents at Global Zero-energy Buildings Market 2015-2019

The report analyst commented, "The increase in energy prices over the years has triggered the demand for zero-energy buildings worldwide. The overall expenditure is growing rapidly with depleting conventional energy resources and increasing prices, thus shifting the focus from energy generation to energy savings. For instance, in the US, the average electricity prices for residential and retail sectors increased at an annual growth rate of 2.3% during the period 2008-2014 and is likely to grow further in the future. The sole motive of zero-energy buildings is to improve energy efficiency and reduce overall energy costs. Improved energy efficiency reduces the overall environmental impact and need for oil import, thus benefiting society as a whole."

According to the report, in the last 5-10 years, significant developments have been made in the technology and the equipment related to the development of zero-energy buildings. Vendors are focusing on reducing the installation cost to set up zero-energy buildings. Improvements in the quality and standards of building materials along with the use of advanced designing techniques for windows and ceilings reduce the overall energy utilization of the buildings considerably. Focus on advancing manufacture and design techniques supports a greater building ecosystem, reducing energy costs. With advances in the technology for zero-energy building equipment and other related services, the market should see significant growth over the forecast period.

Further, the report states that lack of skilled workforce to execute the development process poses a challenge to the market.

The key players in the Global Zero-energy Buildings Market are Daikin, Honeywell, GE, Schneider Electric and Siemens Building Technologies while other prominent vendors include Altura Associates, Building Robotics, SunPower and View Inc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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