Energy Efficient Buildings: Asia Pacific

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Asia Pacific represents a major portion of global real estate, with about 40% of the world’s building stock. As energy prices rise and regulations on energy use and carbon emission get more strict, new technologies to monitor and control use in buildings have been put under spotlight more than ever.

While emerging economies in Asia Pacific continue to construct steady volumes of new commercial buildings, developed countries are focusing on comprehensive energy savings and conservation measures in existing buildings to reduce costs and help secure national energy independence. Most of these measures focus on heating, ventilation, and air conditioning (HVAC), energy efficient lighting systems, and building energy management systems and controls. Navigant Research forecasts that annual revenue from energy efficient building technology and services in Asia Pacific will grow from $45.5 billion in 2013 to $91.6 billion by 2022.

This Navigant Research report examines the trends for energy efficient building technology and services in the Asia Pacific region. The study covers three main areas of technology – HVAC, energy efficient lighting, and commercial building automation – as well as the energy service company (ESCO) sector. Market forecasts for revenue, broken out by technology, lamp type, segment, and Asia Pacific country, extend through 2022. The report also examines the regulatory issues, market competitiveness, and key industry players related to energy efficient building technology and services in Asia Pacific.

Source: Navigant Research

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