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Global Zero Energy Buildings Market to reach USD 282.57 billion by the end of 2029

Global Zero Energy Buildings Market Size study & Forecast, by Component (Lighting, HVAC Systems, Other), by Solution (Systems, Buildings Components), by Applications (Residential, Non-residential) and Regional Analysis, 2022-2029

Product Code: OIRBC-91942088
Publish Date: 19-12-2022
Page: 200

Global Zero Energy Buildings Market is valued approximately USD 71.7 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 18.7% over the forecast period 2022-2029. Zero Energy Buildings also called net zero-energy building, are type of building that are characterized by zero net energy consumption. These types of building generate their own energy through renewable energy sources such as Solar Power, wind power. Moreover, these building also uses energy efficient HVAC solutions to minimize energy utilization. The increasing investment in green buildings and growing expansion of global HVAC industry as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista – in 2021, the global heating, ventilation, and air conditioning (HVAC) market was estimated at USD 260.45 billion, and the market is projected to grow to USD 367.5 billion by 2030. Also, favorable government initiatives for installation of solar panels and rising urbanization in developing regions would create lucrative growth prospectus for the market over the forecast period. However, volatile cost of raw materials impedes the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Zero Energy Buildings Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to rising investment in green building infrastructure as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising installation of rooftop solar pv panels and favorable government initiatives in the region.

Major market player included in this report are:
Altura Associates
Canadian Solar Inc.
DABITRON Group Canary Islands
Daikin industries Ltd.
GreenTree Global
Honeywell International Inc.
Integrated Environmental Solutions
Johnsons Control International Plc
Kingspan Group Plc.
Mitsubishi Electric Corporation,

Recent Developments in the Market:
 In November 2019, Ferguson plc acquired New York based S. W. Anderson Sales Corporation, an HVAC equipment, and supplies distributor.
 In May 2022, Daikin Comfort Technologies North America, Inc. completed acquisition of CCOM Group, Inc. CCOM is a leading provider of building management systems and controls, other HVAC, indoor air quality, hydronic, plumbing, and electrical equipment, and supplies.
Global Zero Energy Buildings Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Solution, Applications, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
Lighting
HVAC Systems
Other
By Solution
Systems
Buildings Components
By Applications
Residential
Non-residential

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Zero Energy Buildings Market, by Region, 2019-2029 (USD Billion)
1.2.2. Zero Energy Buildings Market, by Component, 2019-2029 (USD Billion)
1.2.3. Zero Energy Buildings Market, by Solution, 2019-2029 (USD Billion)
1.2.4. Zero Energy Buildings Market, by Applications, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Zero Energy Buildings Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Zero Energy Buildings Market Dynamics
3.1. Zero Energy Buildings Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing investment in green buildings
3.1.1.2. Growing expansion of global HVAC industry
3.1.1.3. Strategic initiatives from leading market players.
3.1.2. Market Challenges
3.1.2.1. Volatile cost of raw materials.
3.1.3. Market Opportunities
3.1.3.1. Favourable government initiatives for installation of solar panels
3.1.3.2. Rising urbanization in developing regions.
Chapter 4. Global Zero Energy Buildings Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Zero Energy Buildings Market, by Component
6.1. Market Snapshot
6.2. Global Zero Energy Buildings Market by Component, Performance – Potential Analysis
6.3. Global Zero Energy Buildings Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Zero Energy Buildings Market, Sub Segment Analysis
6.4.1. Lighting
6.4.2. HVAC Systems
6.4.3. Other
Chapter 7. Global Zero Energy Buildings Market, by Solution
7.1. Market Snapshot
7.2. Global Zero Energy Buildings Market by Solution, Performance – Potential Analysis
7.3. Global Zero Energy Buildings Market Estimates & Forecasts by Solution 2019-2029 (USD Billion)
7.4. Zero Energy Buildings Market, Sub Segment Analysis
7.4.1. Systems
7.4.2. Buildings Components
Chapter 8. Global Zero Energy Buildings Market, by Applications
8.1. Market Snapshot
8.2. Global Zero Energy Buildings Market by Applications, Performance – Potential Analysis
8.3. Global Zero Energy Buildings Market Estimates & Forecasts by Applications 2019-2029 (USD Billion)
8.4. Zero Energy Buildings Market, Sub Segment Analysis
8.4.1. Residential
8.4.2. Non-residential
Chapter 9. Global Zero Energy Buildings Market, Regional Analysis
9.1. Zero Energy Buildings Market, Regional Market Snapshot
9.2. North America Zero Energy Buildings Market
9.2.1. U.S. Zero Energy Buildings Market
9.2.1.1. Component breakdown estimates & forecasts, 2019-2029
9.2.1.2. Solution breakdown estimates & forecasts, 2019-2029
9.2.1.3. Applications breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Zero Energy Buildings Market
9.3. Europe Zero Energy Buildings Market Snapshot
9.3.1. U.K. Zero Energy Buildings Market
9.3.2. Germany Zero Energy Buildings Market
9.3.3. France Zero Energy Buildings Market
9.3.4. Spain Zero Energy Buildings Market
9.3.5. Italy Zero Energy Buildings Market
9.3.6. Rest of Europe Zero Energy Buildings Market
9.4. Asia-Pacific Zero Energy Buildings Market Snapshot
9.4.1. China Zero Energy Buildings Market
9.4.2. India Zero Energy Buildings Market
9.4.3. Japan Zero Energy Buildings Market
9.4.4. Australia Zero Energy Buildings Market
9.4.5. South Korea Zero Energy Buildings Market
9.4.6. Rest of Asia Pacific Zero Energy Buildings Market
9.5. Latin America Zero Energy Buildings Market Snapshot
9.5.1. Brazil Zero Energy Buildings Market
9.5.2. Mexico Zero Energy Buildings Market
9.6. Rest of The World Zero Energy Buildings Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Altura Associates
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Canadian Solar Inc.
10.2.3. DABITRON Group Canary Islands
10.2.4. Daikin industries Ltd.
10.2.5. GreenTree Global
10.2.6. Honeywell International Inc.
10.2.7. Integrated Environmental Solutions
10.2.8. Johnsons Control International Plc
10.2.9. Kingspan Group Plc.
10.2.10. Mitsubishi Electric Corporation
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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