The global energy-efficient building market is expected to see steady growth during the forecast period. This is primarily attributed to the need for energy management, increase in technological advancements, and increase in the number of green buildings. Energy-efficient products and services provide significant benefits to a broad range of end-users, such as residential, IT parks, hotels, restaurants, manufacturing plants, government institutions, and retail outlets. The use of energy-efficient building products not only increases energy efficiency but, with the help of sensors, can also detect movement in and around the premises and inform or update consumers about any activity. Such measures address the rising safety and security concerns. Globally, there has been an increase in the number of shipments of sensors and it is expected to grow during the forecast period.
This report covers the present scenario and the growth prospects of the global energy-efficient building market for 2016-2020. To calculate the market size, The considers products and services offered in the global energy-efficient building market. The products segment includes HVAC, lighting technologies, controls, BEMS and HEMS.
Source : Sandler Research
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