Market Overview:
The global energy efficiency for commercial buildings market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about energy conservation and rising concerns about climate change. Additionally, government initiatives and regulations supporting energy efficiency are also driving the growth of this market. The HVAC segment is expected to hold the largest share of the global energy efficiency for commercial buildings market in 2018, followed by lighting and energy management segments. The hotels and restaurants application segment is expected to account for the largest share of this market in 2018, followed by offices application segment.
Product Definition:
Energy Efficiency is the use of less energy to achieve the same outcome. It can be achieved through changes in behavior, using more efficient technology or equipment, or a combination of both.
The importance of Energy Efficiency for Commercial Buildings cannot be overstated. Inefficient buildings cost businesses and taxpayers billions of dollars each year in wasted energy costs.
HVAC:
Heating, ventilation and air conditioning (HVAC) is an energy-efficient technology that provides thermal comfort to building users. HVAC systems are used in both commercial and residential buildings for providing the right amount of heat or cold, respectively. Factors such as changing climatic conditions coupled with growing urbanization have led to a rise in demand for HVAC systems globally.
Lighting:
The global lighting and it's usage in energy efficiency for commercial buildings market size was valued at USD 2.5 billion in 2016. Increasing demand for energy-efficient lighting systems is expected to drive the growth of this market over the forecast period. The rising need to reduce carbon footprint along with increasing awareness regarding environment conservation is anticipated to propel industry growth over the next seven years.
Application Insights:
The market is segmented by application into hotels and restaurants, offices, retail chains, shopping malls, stadiums and sports grounds, hospitals and schools. The hotel and restaurant sector dominated the global energy efficiency for commercial buildings market in 2017 owing to rising disposable income of consumers globally. Furthermore with the growing number of luxury hotels across the globe it has become important for owners to take advantage of energy efficient technologies as a way to reduce costs while improving overall operations.
The retail chain segment is expected to grow at a significant rate over the forecast period due largely on initiatives taken by major retailers such as Walmart Inc., Target Corporation.,and Amazon.com Inc. These companies have made efforts towards becoming more eco-friendly through various programs such as Energy Star which provides guidelines on how much electricity can be consumed annually by specific types of lighting fixtures along with other recommendations regarding HVAC systems used in their stores located in U.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing energy consumption and growing population. The region is projected to continue its dominance over the forecast period, with China accounting for a major share of overall demand. Asia Pacific has witnessed significant growth in commercial construction activities on account of rapid urbanization and rising disposable income levels among consumers.
The European market was valued at USD X billion in 2017 and is expected to witness steady growth over the forecast period owing to stringent government regulations regarding energy consumption as well as greenhouse gas (GHG) emissions from industrial sources, particularly heating/cooling equipment used for space cooling applications. Moreover, Europe has been one of the most affected regions by COVID-19; hence, it requires maximum attention towards long term GHG emission reduction strategies that are likely to drive investments toward energy efficiency solutions for commercial buildings across this region during the forecast period.
Growth Factors:
- Stringent government regulations and policies for energy conservation in commercial buildings
- Increasing awareness among businesses about the benefits of energy efficiency
- Rising cost of traditional forms of energy and its impact on the bottom line
- Availability of innovative, affordable, and easy-to-use technologies for improving energy efficiency
- Growing demand from customers (businesses) for green/sustainable products and services
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy Efficiency for Commercial Buildings Market Research Report
By Type
HVAC, Lighting, Energy Management, Energy Efficiency for Commercial Building
By Application
Hotels and Restaurants, Offices, Retail Chains, Shopping Malls, Stadiums, Hospitals, Schools
By Companies
Johnson Controls, Siemens, Honeywell, Eaton Corporation, Carrier (UTC), Schneider Electric, Fujitsu General, Emerson Electric, General Electric, Trane, Bosch Thermotechnology, Hitachi, Carel, Danfoss, Technovator International, GridPoint, Coolnomix, Spacewell, Cylon Controls, Logical Buildings, Energy Efficiency for Commercial Building
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Energy Efficiency for Commercial Buildings Market Report Segments:
The global Energy Efficiency for Commercial Buildings market is segmented on the basis of:
Types
HVAC, Lighting, Energy Management, Energy Efficiency for Commercial Building
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hotels and Restaurants, Offices, Retail Chains, Shopping Malls, Stadiums, Hospitals, Schools
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson Controls
- Siemens
- Honeywell
- Eaton Corporation
- Carrier (UTC)
- Schneider Electric
- Fujitsu General
- Emerson Electric
- General Electric
- Trane
- Bosch Thermotechnology
- Hitachi
- Carel
- Danfoss
- Technovator International
- GridPoint
- Coolnomix
- Spacewell
- Cylon Controls
- Logical Buildings
- Energy Efficiency for Commercial Building
Highlights of The Energy Efficiency for Commercial Buildings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HVAC
- Lighting
- Energy Management
- Energy Efficiency for Commercial Building
- By Application:
- Hotels and Restaurants
- Offices
- Retail Chains
- Shopping Malls
- Stadiums
- Hospitals
- Schools
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Energy Efficiency for Commercial Buildings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Energy efficiency for commercial buildings is the measure of how well a building uses energy to perform its functions. It can include measures such as reducing the amount of energy used for lighting, heating, cooling and air conditioning; improving insulation levels; and installing more efficient equipment.
Some of the key players operating in the energy efficiency for commercial buildings market are Johnson Controls, Siemens, Honeywell, Eaton Corporation, Carrier (UTC), Schneider Electric, Fujitsu General, Emerson Electric, General Electric, Trane, Bosch Thermotechnology, Hitachi, Carel, Danfoss, Technovator International, GridPoint, Coolnomix, Spacewell, Cylon Controls, Logical Buildings, Energy Efficiency for Commercial Building.
The energy efficiency for commercial buildings market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Energy Efficiency for Commercial Buildings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Energy Efficiency for Commercial Buildings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Energy Efficiency for Commercial Buildings Market - Supply Chain
4.5. Global Energy Efficiency for Commercial Buildings Market Forecast
4.5.1. Energy Efficiency for Commercial Buildings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Energy Efficiency for Commercial Buildings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Energy Efficiency for Commercial Buildings Market Absolute $ Opportunity
5. Global Energy Efficiency for Commercial Buildings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Type
5.3.1. HVAC
5.3.2. Lighting
5.3.3. Energy Management
5.3.4. Energy Efficiency for Commercial Building
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Energy Efficiency for Commercial Buildings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Application
6.3.1. Hotels and Restaurants
6.3.2. Offices
6.3.3. Retail Chains
6.3.4. Shopping Malls
6.3.5. Stadiums
6.3.6. Hospitals
6.3.7. Schools
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Energy Efficiency for Commercial Buildings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Energy Efficiency for Commercial Buildings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Energy Efficiency for Commercial Buildings Demand Share Forecast, 2019-2026
9. North America Energy Efficiency for Commercial Buildings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Application
9.4.1. Hotels and Restaurants
9.4.2. Offices
9.4.3. Retail Chains
9.4.4. Shopping Malls
9.4.5. Stadiums
9.4.6. Hospitals
9.4.7. Schools
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Type
9.7.1. HVAC
9.7.2. Lighting
9.7.3. Energy Management
9.7.4. Energy Efficiency for Commercial Building
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Energy Efficiency for Commercial Buildings Demand Share Forecast, 2019-2026
10. Latin America Energy Efficiency for Commercial Buildings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Application
10.4.1. Hotels and Restaurants
10.4.2. Offices
10.4.3. Retail Chains
10.4.4. Shopping Malls
10.4.5. Stadiums
10.4.6. Hospitals
10.4.7. Schools
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Type
10.7.1. HVAC
10.7.2. Lighting
10.7.3. Energy Management
10.7.4. Energy Efficiency for Commercial Building
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Energy Efficiency for Commercial Buildings Demand Share Forecast, 2019-2026
11. Europe Energy Efficiency for Commercial Buildings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Application
11.4.1. Hotels and Restaurants
11.4.2. Offices
11.4.3. Retail Chains
11.4.4. Shopping Malls
11.4.5. Stadiums
11.4.6. Hospitals
11.4.7. Schools
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Type
11.7.1. HVAC
11.7.2. Lighting
11.7.3. Energy Management
11.7.4. Energy Efficiency for Commercial Building
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Energy Efficiency for Commercial Buildings Demand Share, 2019-2026
12. Asia Pacific Energy Efficiency for Commercial Buildings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Application
12.4.1. Hotels and Restaurants
12.4.2. Offices
12.4.3. Retail Chains
12.4.4. Shopping Malls
12.4.5. Stadiums
12.4.6. Hospitals
12.4.7. Schools
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Type
12.7.1. HVAC
12.7.2. Lighting
12.7.3. Energy Management
12.7.4. Energy Efficiency for Commercial Building
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Energy Efficiency for Commercial Buildings Demand Share, 2019-2026
13. Middle East & Africa Energy Efficiency for Commercial Buildings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Application
13.4.1. Hotels and Restaurants
13.4.2. Offices
13.4.3. Retail Chains
13.4.4. Shopping Malls
13.4.5. Stadiums
13.4.6. Hospitals
13.4.7. Schools
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Energy Efficiency for Commercial Buildings Market Size and Volume Forecast by Type
13.7.1. HVAC
13.7.2. Lighting
13.7.3. Energy Management
13.7.4. Energy Efficiency for Commercial Building
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Energy Efficiency for Commercial Buildings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Energy Efficiency for Commercial Buildings Market: Market Share Analysis
14.2. Energy Efficiency for Commercial Buildings Distributors and Customers
14.3. Energy Efficiency for Commercial Buildings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson Controls
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eaton Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Carrier (UTC)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schneider Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fujitsu General
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Emerson Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. General Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trane
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bosch Thermotechnology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hitachi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Carel
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Danfoss
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Technovator International
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. GridPoint
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Coolnomix
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Spacewell
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Cylon Controls
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments<
