Indian Green Building Market Growing at a Rapid Pace

Green building market in India will grow at a CAGR of around 26% during the forecast period 2015-2020 says RNCOS in its latest research report.


Noida, UP -- (SBWIRE) -- 06/23/2015 -- The world is undergoing a tremendous wave of urban growth which directly implies progression in the construction sector. A green building is one which uses less water, optimizes energy efficiency, conserves natural resources, generates less waste and provides healthier spaces for occupants, in comparison to a conventional building. As a result developed and developing countries are trying to employ energy efficient green building methods more and more in their real estate sector and India is playing a significant role in the global green building market.

Our report on "Global Green Building Market Outlook 2020", the number of green buildings in India has been soaring rapidly. As the buildings account for 35-40% of energy usage, the Indian Government has also come up with numerous energy efficiency initiatives like Green Buildings by Indian Green Building Council (IGBC), Energy Conservation Building Codes (ECBC), Green Rating for Integrated Habitat Assessment (GRIHA), star ratings by Bureau of Energy Efficiency, etc. for employment of green technologies in buildings. Mumbai, Delhi, Pune, Bangalore are few of those cities where the green building market is showing high rate of growth. According to our report the green building market in India is estimated grow at a CAGR of 26% during the forecast period of 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.