Global Zero Energy Buildings Market is valued approximately USD 71.7 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 18.7% over the forecast period 2022-2029. Zero Energy Buildings also called net zero-energy building, are type of building that are characterized by zero net energy consumption. These types of building generate their own energy through renewable energy sources such as Solar Power, wind power. Moreover, these building also uses energy efficient HVAC solutions to minimize energy utilization. The increasing investment in green buildings and growing expansion of global HVAC industry as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista - in 2021, the global heating, ventilation, and air conditioning (HVAC) market was estimated at USD 260.45 billion, and the market is projected to grow to USD 367.5 billion by 2030. Also, favorable government initiatives for installation of solar panels and rising urbanization in developing regions would create lucrative growth prospectus for the market over the forecast period. However, volatile cost of raw materials impedes the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Zero Energy Buildings Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to rising investment in green building infrastructure as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising installation of rooftop solar pv panels and favorable government initiatives in the region.

Major market players included in this report are:

Altura Associates

Canadian Solar Inc.

DABITRON Group Canary Islands

Daikin industries Ltd.

GreenTree Global

Honeywell International Inc.

Integrated Environmental Solutions

Johnsons Control International Plc

Kingspan Group Plc.

Mitsubishi Electric Corporation,

Recent Developments in the Market:

In November 2019, Ferguson plc acquired New York based S. W. Anderson Sales Corporation, an HVAC equipment, and supplies distributor.
In May 2022, Daikin Comfort Technologies North America, Inc. completed acquisition of CCOM Group, Inc. CCOM is a leading provider of building management systems and controls, other HVAC, indoor air quality, hydronic, plumbing, and electrical equipment, and supplies.
Global Zero Energy Buildings Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Component, Solution, Applications, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component

Lighting

HVAC Systems

Other

By Solution

Systems

Buildings Components

By Applications

Residential

Non-residential

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World