Zero Emission Buildings Market Size & Forecast Report, 2014 - 2025

Zero-emission building (ZEB) is a residential or commercial building with significantly reduced energy needs through efficiency gains such that the balance of energy needs can be offered with renewable forms. Based on grid connectivity, the global zero-emission buildings market is segmented into off-grid and on-grid zero-emission buildings. Grid-connected buildings revert surplus energy to the grid whereas off-grid buildings preserve the surplus energy.

Buildings possess a significant effect on energy use and the environment which sum up to more than 50% of energy usage by commercial and residential buildings. Energy consumed by the construction sector continues to grow mainly because new buildings are erected faster than the old ones. Conceptually, zero-emission buildings point towards sustainable energy development with certain goals. The laid goals and the way they are defined stand crucial to the design process.

At heart, a zero-emission building is an illustration that enables the buildings to meet energy requirements from low-cost, locally available, non-polluting, and renewable sources. At a certain level, zero-emission buildings generate ample renewable energy on-site to equal or exceed their annual energy use. A grid connection enables necessary energy balances typically using a traditional energy source such as electric and natural gas utilities when on-site generation does not meet the loads. Thus, achieving a zero-emission building without a grid is impossible since the current generation of storage technologies stands limited.

Commercially, the construction of zero-emission buildings yields modern technology and the right use of energy. With lots of consumer awareness for the environment and strict norms for the government, the global zero-emission buildings market is anticipated to grow at a higher CAGR during the forecast period.

The key driving factors responsible for the zero-emission buildings market include stringent government regulations to minimize fossil fuel dependency. Also, the governments now encourage the deployment of greenhouse gas capture and storage option. Additionally, the inception of several schemes inclusive of financial assistance schemes, tax benefit schemes, and subsidies to endorse renewable energy sources is anticipated to fuel the market growth during the forecast period.

Based on application, the global zero-emission buildings market is segmented into commercial, residential, and industrial zero-emission buildings. The industrial segment is anticipated to grow during the forecast period owing to a rise in infrastructure costs. Based on energy production techniques, the global zero-emission buildings industry is segmented into photovoltaics and hybrid zero-emission buildings.

Based on geographic segmentation, the global zero-emission buildings market spans North America, Latin America, Europe, the Middle East, Asia-Pacific, and Africa. APAC regions are anticipated to drive the market growth during the forecast period owing to a rise in electricity demand along with rapid industrialization. Regions such as China, India, Singapore, Indonesia, and Japan are the biggest spenders on infrastructure.

North American market dominates the global market owing to stringent regulation on carbon emission. Middle-East regions are expected to rise at a higher CAGR during the forecast period owing to modern technology and rapid growth in the economy. African regions are anticipated to grow at a moderate CAGR owing to rising infrastructural developments and ongoing technological developments in urban parts of Africa. The key players in the global zero-emission buildings market include Integrated Environmental Solutions (IES), Johnson Controls, SageGlass, Solatube, Integral Group, Kingspan, Lendlease, and The Rockwool Group, Schneider Electric, Siemens AG, ABB, Honeywell, and Pacific Controls.