Energy Efficient Building Market 2016 Share and Forecast Energy Efficient Building Market - Global Industry | Page 2
Sustainable development offers us today and the generations to come the triple
benefits of social equity, environmental protection and economic progress. Building
efficiency is vital for sustainable development as it aligns economic, social and
environmental objectives by increasing energy productivity, greening urbanization,
water and materials efficiency, mitigating greenhouse gas emissions, and improving
the quality of the building. Energy efficient buildings help in achieving sustainable
development goals through the cooperation of industries and governments. By
making policies, prioritizing life-cycle and performance metrics and engaging in
more integrated planning processes, design and construction of buildings can
contribute to national and urban sustainability goals.
Global Energy Efficient Building Market: Drivers and Restraints
The need to focus on the sustainability of the environment exists in both developed
and developing countries. In developed economies, achieving sustainable
development requires renovation of the existing building stock. In developing
economies such as India and China, there is a huge potential to access and
implement best in class building practice today.
Some of the key drivers of the energy efficient buildings market are government
policies, support by industries and design, construction and renovation of the
buildings. However, high operational cost to renovate the buildings can hamper the
growth of the market. Modernization in technologies and government rules and
regulations brings new opportunities in the energy efficient building market.
Global Energy Efficient Building Market: Competitive Dynamics
Some of the key players in the business of energy efficient buildings are Cleantech
Group, Ameresco Inc., Johnson Controls, Knauf Insulation, Serious Energy Inc., KMC
Controls Inc. and Architectural Energy Corporation among others.
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