Energy efficient green buildings are growing at a CAGR of around 13% during the forecast period 2015-2020, says RNCOS.
Noida, UP -- (SBWIRE) -- 04/13/2015 -- Energy efficiency is the basic step towards achieving sustainability in buildings and organizations. Energy efficiency helps to control the continuously rising energy costs. It reduces environmental footprints and increases the value and competitiveness of buildings. Greenhouse gas emissions from buildings come from fossil fuel combustion for heating, cooling and cooking needs, management of waste and wastewater and leaks from refrigerants in homes and businesses.
Our report on "Global Green Building Market Outlook 2020", using fluorescent lights, passive heating and lighting mechanism that takes advantage of sunlight are some of the solutions that make a building energy efficient. Other techniques that can improve the energy efficiency of a building include better insulation process, more energy-efficient heating, cooling, ventilation, and refrigeration systems which are used in green buildings. For the reasons stated above less amount of energy is consumed in a green building making it energy efficient and cutting down the electricity bills of the consumers. As a result, the energy efficiency of a green building is helping to drive its market demand to a great extent and its projected CAGR is around 13% during the forecast period 2015-2020.
The report by RNCOS spread over 80 pages provides an in-depth research and rational analysis of the current status and future growth prospects of the green building market around the world. Our research includes detailed study on the green building market by application, end user, key regions and key players. Besides that, the report exhibits the emerging trends and drivers globally which are boosting the green building industry growth.
Further, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. Additionally, we have also covered the product portfolio, key financials and recent activities by these players to build up position in the green building market. As a whole, the report presents a comprehensive look at the sector's past, present, and future scenario.
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.