Lighting Industry

Revenue From Net Zero Energy Buildings to Reach $1.3 Trillion by 2035, According to Pike Research

According to a new report from Pike Research, worldwide revenue from zero energy buildings will grow rapidly over the next two decades, reaching almost $690 billion by 2020 and nearly $1.3 trillion by 2035. That represents a compound annual growth rate of 43%, with much of that growth occurring in the European Union.

Pike Research’s report, “Zero Energy Buildings”, provides data on the size and growth of the market for zero energy building markets, including HVAC systems, glazing systems, wall and roof construction, renewable energy systems, and construction soft costs, from 2011 through 2035. The study also includes a qualitative assessment of major drivers and trends for zero energy buildings in key markets, including both commercial and residential zero energy buildings. It also provides a discussion of the individual technology elements associated with zero energy building, as well as the design challenges that the AEC (architecture/engineering/construction) service providers will face in delivering zero energy buildings. An Executive Summary of the report is available for free download on the firm’s website.

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Craig DiLouie

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