Global Net-Zero Energy Buildings Market to Reach USD 227.1 Billion by 2033, Propelled by Increasing Utilization of Renewable Resources for Power Generation

November 14, 2024 | Energy & Mining

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The latest report by IMARC Group, titled “Net-Zero Energy Buildings Market Report by Offering (Equipments, Solutions and Services), Building Type (Commercial, Residential), and Region 2025-2033,” finds that the global net-zero energy buildings market reached a value of USD 42.0 Billion in 2024. Net-zero energy (NZE) buildings use on-site renewable resources to meet energy requirements. They rely on passive solar heat gained through photovoltaics (PV) and geothermal energy systems to stabilize temperature variations in the building throughout the day. They also include highly efficient appliances, heating and cooling equipment, walls, roofs, windows, and doors. In addition, these buildings assist in maintaining natural ventilation, insulation, and air sealing, thereby minimizing overall energy consumption. As a result, net-zero buildings are widely used as office spaces, educational facilities, residential complexes, and public buildings.

Global Net-Zero Energy Buildings Market Trends:

The market is primarily driven by the increasing utilization of renewable resources for power generation across the globe. In addition, the implementation of favorable government initiatives to minimize carbon emissions and promote sustainable development represents another major growth-inducing factor. For instance, the California Public Utilities Commission (CPUC) introduced a long-term strategic plan to promote the construction of new NZE buildings. Moreover, various key players are developing innovative gas water heaters and other heating, ventilation, and air conditioning (HVAC) systems that maintain indoor air quality and ensure a non-hazardous environment in low-rise buildings. This, coupled with the rapid infrastructural development, especially in developing countries, is creating a favorable market outlook across the globe. Looking forward, IMARC Group expects the market to reach a value of USD 227.1 Billion by 2033, exhibiting a CAGR of 20.6% during the forecast period (2025-2033).

Market Summary:

Based on the offering, the market has been categorized into equipment (lighting, walls and roofs, HVAC systems, and others) and solutions and services (software solutions, designing services, and consulting services.
Based on the building type, the market has been bifurcated into commercial and residential.
Region-wise, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined in the report, with some of the key players being Altura Associates LLC, Daikin Industries Ltd., General Electric Company, Integrated Environmental Solutions Ltd., Johnson Controls International plc, Kingspan Group Plc, Sage Electrochromics Inc. (Compagnie de Saint-Gobain S.A), Schneider Electric, Siemens Aktiengesellschaft, Solatube International Inc. and Sunpower Corporation (Total SE).

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Offering, Building Type, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Altura Associates LLC, Daikin Industries Ltd., General Electric Company, Integrated Environmental Solutions Ltd., Johnson Controls International plc, Kingspan Group Plc, Sage Electrochromics Inc. (Compagnie de Saint-Gobain S.A), Schneider Electric, Siemens Aktiengesellschaft, Solatube International Inc. and Sunpower Corporation (Total SE)
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Net-Zero Energy Buildings Market to Reach USD 227.1 Billion by 2033, Propelled by Increasing Utilization of Renewable Resources for Power Generation

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