1. Market Research
  2. > Energy & Environment
  3. > Energy Market Trends

Energy Retrofits for Commercial and Public Buildings: Global Markets

  • March 2016
  • 252 pages
  • BCC Research
Report ID: 3688706

Summary

Table of Contents

This BCC Research report measures and forecasts the market for various energy retrofit technologies used in building applications. Includes forecast through 2020.

Use this report to:

Analyze the market for various energy retrofit technologies used in building applications Gain information on the emerging technologies that are likely to drive the energy retrofit industry
Analyze key market traits, market drivers and industry-specific attributes for each country and its respective geographical region
Gain information on the energy cost savings, retro-comissioning, manufacturing value of conventional retrofits and energy service companies.

Highlights

BCC Research estimates the global conventional energy retrofits market for public buildings and private commercial buildings to grow from $85.1 billion in 2015 to nearly $132.3 billion by 2020, registering a compound annual growth rate (CAGR) of 9.2%.
HVAC equipment as a segment should grow from $67.1 billion in 2015 to nearly $98.1 billion by 2020, with a CAGR of 7.9%.
Energy efficient lighting equipment as a segment should grow from $12.5 billion in 2015 to nearly $21.7 billion by 2020, with a CAGR of 11.6%.

BACKGROUND

Buildings are a leading global consumer of energy, with this trend likely to continue well into the future, primarily driven by economic and population growth. This trend is increasingly recognized by a multitude of countries worldwide. Today, most international governments perceive investing in green energy technologies for existing
and new buildings as an opportunity to achieve greenhouse gas reduction targets.

Consequently, energy efficiency in buildings has evolved into a major factor of the green movement in recent years, with these factors driving the increased importance of energy efficiency in buildings as a whole.

The process of installing energy conservation devices and equipment in existing buildings is known as “energy retrofitting,” and the market is quite large. Any equipment that provides a direct reduction in building energy consumption falls under the purview of the energy retrofit industry. The various technologies discussed in this
study are very distinct from each other and constitute separate industries. However, they are united by the same functionality as they aid in reducing a building’s energy consumption and hence are categorized together as “energy retrofit” technologies.

Multiple regulatory measures supporting energy efficiency initiatives and building codes have evolved since the initial recognition of the importance of energy efficiency in buildings, coupled with the drive to limit energy consumption and use. While it may be a relatively simple task to ensure that new buildings meet energy efficiency standards, it is also important to ensure that existing buildings are energy-efficient.

Unless the issues of energy consumption and energy use of existing buildings are adequately addressed, any attempt at achieving energy independence through energy efficiency in buildings is likely to end in failure.

STUDY GOALS AND OBJECTIVES

The primary objective of this study is to measure and forecast the market for various energy retrofit technologies used in building applications. Secondary goals include: determining how the growth of public buildings and private commercial buildings will likely affect building energy consumption in different regions of the world; examining
the various energy retrofit technologies and assessing their emissions reduction potential; and identifying and assessing emerging technologies that could compete with or replace existing technologies used for these applications.

In addition, this report examines the financing structures of the energy retrofit industry in different global regions. With an in-depth patent analysis, the report also seeks to highlight the emerging technologies that are likely to drive the energy retrofit industry.

REASONS FOR DOING THIS STUDY

Several substantial, durable drivers are expanding the potential market for energy efficiency retrofits in buildings across the world. Spearheading the initiative is rising global concern about the environment and the impact of human presence. Given the burgeoning increase in human activity and consequent increase in buildings of varioustypes, energy consumption is likely to rise even further. Hence, there is a strong need for buildings to be environmentally clean and energy-efficient. This infers that not only will new buildings need to conform to the new evolving standards, but also that there remains a necessity for existing buildings to be energy-efficient and clean. This in turn creates a large opportunity for the various energy retrofit technologies, given their significant potential to reduce total energy consumption.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Offshore Wind Energy Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • May 2017
  • by Transparency Market Research

Asia Pacific Offshore Wind Energy Market: Overview Wind power generation is the extraction of kinetic energy from the wind and its conversion into any useful type of energy such as thermal, mechanical, ...

Lithium Ion Cell and Battery Pack Market, Automotive, Medical, Grid Energy, and Industrial - Global Industry Analysis Size Share Growth Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • June 2017
  • by Transparency Market Research

Global Lithium Ion Cell and Battery Pack Market: Scope of Study The key players in the lithium ion cell and battery pack market have been competitively profiled across the five broad geographic regions. ...

Advanced Energy Storage Market - Global Industry Analysis Size Share Growth Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • June 2017
  • by Transparency Market Research

Global Advanced Energy Storage Market: Overview Advance energy storage is a process of storing electrical energy and then utilizing it later. Advanced energy storage is a combination of energy storage ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.