Zero Energy Building (ZEB) Market Size, Share & Trends Analysis, By Component (Software and Services), By Type (Lighting, HVAC System), By Application (Residential and Commercial), By Region and Forecast Period 2022 – 2030.

Report ID - MRC_2242 | Pages - 246 | Category - IT and Telecom

Zero Energy Building (ZEB) Market Overview:

Global Zero Energy Building (ZEB) Market size was valued at USD 192.33 Billion in 2021, registering a CAGR of 21.9% during the forecast period (2022-2030), and the market is projected to be worth USD 1,033.20 Billion by 2030.

Zero energy buildings join energy productivity and environmentally friendly power age to consume just as much energy as can be delivered nearby through sustainable assets throughout a predefined time span. Accomplishing zero energy is an aggressive yet progressively attainable objective that is picking up speed across geographic locales and markets. Confidential business landowners have a developing interest in creating zero energy structures to meet their corporate objectives, and in light of administrative orders, central government organizations and many state and nearby legislatures are starting to push toward zero energy building targets.

How much is the Zero Energy Building (ZEB) Market worth ?

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Market Dynamics:

Driver:

Rising demand for sustainable development is spurring the market growth of zero-energy building globally. Sustainable development is meeting the needs of the present without compromising the needs of future generations. There are mainly three pillars of sustainable development which include environmental concerns, social concerns, and economic development.

For instance, the sustainable development framework “Transforming Our World: the 2030 Agenda” was adopted by the UN on 25th September 2015. The framework comprises 17 goals and 169 targets to wipe out inequality, poverty, and climate change.

Restraint:

The upfront cost is the initial investment required for implementing the zero-energy building project. The zero-energy building requires a professional design team that includes energy experts for managing the complexity of the energy requirement and simulation tools. The zero-energy building requires high investment costs which include the cost of setting up the solar energy source, advanced HVAC system, and construction costs among others. This results in high investment cost which is not very feasible in individual housing scenarios.

COVID-19 Impact:

The covid 19 impacted all major industries including manufacturing, transportation, and construction among others. The construction of zero-energy buildings was also got impacted due to the unavailability of labor, supply chain disruptions, and material shortages. During covid, projects were delayed and postponed as the industry has to implement social distancing. According to a report released by Office for National Statistics on 12th March 2021, the construction industry in Great Britain fell by 2.9% in 2020. Prior to covid, the construction industry was growing continuously for seven years.

Global Zero Energy Building (ZEB) Report Coverage:

Report AttributesReport Details
Study Timeline2016-2030
Market Size in 2030 (USD Billion)1,033.20
CAGR (2022-2030)21.9%
By ComponentSoftware and Services
By TypeLighting, HVAC System, Insulation Panels, Solar PV Panels, and Others
By ApplicationResidential, and Commercial
By GeographyNorth America– (U.S., Canada, Mexico)

Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)

Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)

Latin America- (Brazil, Argentina, Chile, Rest of Latin America)

Middle East and Africa- (GCC, Turkey, South Africa, and the Rest of MEA)

Key PlayersJohnson Controls International Plc, Integrated Environmental Solutions Limited., SunPower Corporation, Solatube International Inc., Sage Electrochromics, Inc., Siemens AG, Honeywell International Inc., CertainTeed, Daikin Industries, Ltd., and Schneider Electric

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Market Segmentation:

By Component

The component segment is divided into software and services.

The software segment accounted for the largest market share with a revenue of USD 107.92 billion in 2021. Software is used by engineers for building energy-efficient designs to reduce carbon emissions and minimize energy usage. The software helps in understanding the relationships between zero-energy buildings, climate change impact, and the energy needs of the building. Thereby, resulting in choosing the right kind of building materials and insulation for the building.

zero energy market componant

By Application

The application segment is divided into residential and commercial. The commercial segment accounted for the largest market share with a revenue of USD 121.28 billion in 2021 and the segment is expected to grow with the highest CAGR of 23.4% for the forecast period of 2022-28. The commercial segment includes hospitals, restaurants, warehouses, office buildings, and retail offices among others. The adoption of zero energy technology in commercial buildings is resulting in reduced carbon emissions. It is also helping in the overall energy bills of a commercial building. Further, there has been growing awareness regarding climate change and pollution. Government policies and regulations are also helping in implementing zero energy building for the commercial sector.

zero energy market application

By Region:

The regional segment includes North America, Europe, Asia Pacific, the Middle East, and Africa, Latin America. Europe market was valued at USD 65.21 billion in 2021 and it is expected to grow with a CAGR of 22.3% during the forecast period. However, Asia Pacific is anticipated to grow with the highest CAGR of 23.6% during the forecast period. Germany accounted for the largest market share with a revenue of USD 13.72 billion in 2021 and is expected to grow at the highest CAGR of 25.0% during the forecast period.

In Europe, increasing government regulations is boosting the adoption of zero energy building. The greenhouse house gas emissions from residential and commercial buildings are also leading to the increased adoption of zero-energy buildings in the region. Further, after the Paris agreement (2015) European Union committed to reducing emissions by 55% (2050). Thus, the regulation and global commitments to minimize pollution is driving the market growth of zero energy building in Europe.

Global Zero Energy Building (ZEB) Market Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Further, the surge in Research and Development (R&D), product innovation, various business strategies, and Application launches have accelerated the growth of the Global Zero Energy Building (ZEB) market. Key players in the market include-

  • Johnson Controls International Plc
  • Integrated Environmental Solutions Limited.
  • SunPower Corporation
  • Solatube International Inc.
  • Sage Electrochromics, Inc.
  • Siemens AG
  • Honeywell International Inc.
  • CertainTeed
  • Daikin Industries, Ltd.
  • Schneider Electric

Table of Content

Table of Content

  1. Introduction
    • Market Introduction
    • Market Research Methodology
      • Research Process
      • Primary Research
      • Secondary Research
      • Data Collection Technique
      • Data Sources
    • Market Estimation Methodology
      • Limitations of the Study
    • Product Picture of Zero Energy Building (ZEB)
    • Global Zero Energy Building (ZEB): Classification
    • Geographic Scope
    • Years Considered for the Study
    • Research Methodology in brief
    • Parent Market Overview
    • Overall Zero Energy Building (ZEB) Market Regional Demand
    • Research Programs/Design
    • Market Breakdown and Data Triangulation Approach
    • Data Source
    • Secondary Sources
    • Primary Sources
    • Primary Interviews
    • Average primary breakdown ratio
  2. Market Dynamics
    • Drivers
      • Drivers
    • Restraints
      • Restraints
    • Opportunity
      • Impact forces on market dynamics
    • Industry Value Chain
      • Upstream analysis
      • Downstream analysis
      • Distribution Channel
      • Direct Channel
      • Indirect Channel
    • Potential Customers
    • Manufacturing/Operational Cost Analysis
    • Key Technology Landscape
    • Regulatory Analysis
    • Porter’s Analysis
      • Supplier Power
      • Buyer Power
      • Substitution Threat
      • Threat from New Entry
      • Competitive Rivalry
    • PESTEL Analysis
      • Political Factors
      • Economic Factor
      • Social Factors
      • Technological Factor
      • Environmental Factors
      • Legal Factor
    • Covid-19 impact on Global Economy
    • Covid-19 impact on Zero Energy Building (ZEB) demand
    • Post-Covid Impact on Zero Energy Building (ZEB) Market Demand
  3. Global Zero Energy Building (ZEB) Market Segmentation, by Revenue (USD Million), (2022-2030)
    • By Component
      • Software
      • Services
    • By Type
      • Lighting
      • HVAC System
      • Insulation Panels
      • Solar PV Panels
      • Others
    • By Application
      • Residential
      • Commercial
  1. Global Zero Energy Building (ZEB) Market Overview, By Region
    • North America Zero Energy Building (ZEB) Market Revenue (USD Million), by Countries, (2022-2030)
      • US
        • By Component
        • By Type
        • By Application
      • Canada
      • Mexico
    • Europe Zero Energy Building (ZEB) Market Revenue (USD Million), by Countries, (2022-2030)
      • Germany
      • France
      • UK
      • Spain
      • Russia
      • Italy
      • BENELUX
    • Asia Pacific Zero Energy Building (ZEB) Market Revenue (USD Million), by Countries, (2022-2030)
      • China
      • Japan
      • Australia
      • South Korea
      • India
      • ASEAN
    • Latin America Zero Energy Building (ZEB) Market Revenue (USD Million), by Countries, (2022-2030)
      • Brazil
      • Argentina
        • Chile
      • Middle East and Africa Zero Energy Building (ZEB) Market Revenue (USD Million), by Countries, (2022-2030)
        • GCC
        • Turkey
        • South Africa
  1. Global Zero Energy Building (ZEB) Market Revenue: Competitive Analysis, 2021
    • Key strategies by players
    • Revenue (USD Million and %), By manufacturers, 2021
    • Player Positioning by Market Players, 2021
  2. Competitive Analysis
    • Johnson Controls International Plc
      • Business Overview
      • Business Financials (USD Million)
      • Product Category, Type, and Specification
      • Main Business/Business Overview
      • Geographical Analysis
      • Recent Development
      • Swot Analysis
    • Integrated Environmental Solutions Limited
    • SunPower Corporation
    • Solatube International Inc.
    • Sage Electrochromics, Inc.
    • Siemens AG
    • Honeywell International Inc.
    • CertainTeed
    • Daikin Industries Ltd.
    • Schneider Electric
  3. Conclusion

Disclaimer

 

Research Methodology

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Zero Energy Building (ZEB) Market Size, Share & Trends Analysis, By Component (Software and Services), By Type (Lighting, HVAC System), By Application (Residential and Commercial), By Region and Forecast Period 2022 – 2030.
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