Energy-Efficient Technologies, The Global Market
September 21, 2009
Wellesley, Mass. – According to a new technical market research report, ENERGY-EFFICIENT TECHNOLOGIES, THE GLOBAL MARKET (EGY067A) from BCC Research (www.bccresearch.com), the global market for energy-efficient technologies is estimated to be worth $35.6 billion in 2009. That is expected to increase to $68.2 billion in 2014, for a compound annual growth rate (CAGR) of 13.9%.
The market is broken down into industrial energy-efficient technologies and commercial-residential energy-efficient technologies. The commercial-residential segment has the largest share of the market, worth an estimated $19.9 billion in 2009. This segment is expected to grow at a CAGR of 13.4% to reach $37.3 billion in 2014.
The industrial energy-efficient technologies segment is worth an estimated $15.7 billion in 2009, and is expected to grow at a CAGR of 14.5% to $30.1 billion in 2014.
Industrial energy-efficient technologies considered in this report include energy-efficient transformers, pump controllers and variable-speed pump drives, cogeneration and trigeneration technologies, advanced metering infrastructure, and energy-efficient motors.
SUMMARY FIGURE
COMPARISON OF PROJECTED ENERGY-EFFICIENT TECHNOLOGY MARKET VALUE, 2007-2014
($ MILLIONS)
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Source: BCC Research
Commercial and residential technologies considered in this report center primarily on technologies that support building energy efficiency, and consist of efficient heating and cooling technologies, LED lights, Low-E and smart glass, tankless water heaters, heat pump water heaters, and elastomeric roofing.
Continued growth is anticipated due to a variety of factors including a strong interest by governments, corporations, and individuals towards greening and environmentally friendly procedures and policies. Additionally, regulations meant to reduce greenhouse gas emissions also provide significant support to energy-efficient technology markets.
This study will be of interest to manufacturers of EE technologies, distributors, suppliers, and entrepreneurs, and entrepreneurial companies interested in entering or expanding into the EE technology sector.
Energy-Efficient Technologies: The Global Market( EGY067A )
Publish Date: Sep 2009
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Energy-Efficient Technologies: The Global Market
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