Energy Retrofits for Commercial and Public Buildings: Global Markets

May 31, 2011

Wellesley, Mass. – According to a new technical market research report, ENERGY RETROFITS FOR COMMERCIAL AND PUBLIC BUILDINGS: GLOBAL MARKETS (EGY074A) from BCC Research (www.bccresearch.com), the value of the global market for energy retrofits for commercial and public buildings was $35.5 billion in 2010, but is expected to increase to $60.7 billion in 2015, for a five-year compound annual growth rate (CAGR) of 11.3%.

The largest regional segment of the conventional retrofits market, Asia-Pacific, is projected to increase at a CAGR of 11.8% to $48.7 billion in 2015, after being valued at an estimated $27.9 billion in 2010.

The second-largest regional segment, North America, is estimated at $4.3 billion in 2010, but is expected to increase at a CAGR of 7.6% to nearly $6.3 billion in 2015.

The European Union segment will increase in value from nearly $3.3 billion in 2010 to $5.7 billion in 2015, for a CAGR of 11.8%.

The main goal of this study is to measure and forecast the market for various energy retrofit technologies for building applications. Secondary goals are to determine how the growth of public buildings and private commercial buildings is likely to affect building energy consumption in different regions of the world, to examine the various energy retrofit technologies and assess their emissions reduction potential, and to identify and assess emerging technologies that could compete with or replace existing technologies in use for these applications.

In addition, the report also examines the financing structures of the energy retrofit industry in different global regions. With an in-depth patent analysis, the report also seeks to highlight the emerging technologies that are likely to drive the energy retrofit industry.

The four energy retrofit technologies examined in this study are heating, ventilating, and air-conditioning (HVAC) equipment, energy-efficient lighting and lighting design, electricity sub-meters, and green roofs. Each of these technologies is a separate industry. Therefore, while these four technologies may be completely distinct from each other, they serve a common purpose: They are viable options for reducing energy consumption and energy use in buildings.

This report is intended especially for engineering firms, architects, manufacturers of materials and other products used in energy retrofit technologies, entrepreneurs, investors, venture capitalists, and other readers with a need to know where the market for energy technologies is headed in the next five years. The report’s findings and conclusions should also be of interest to the energy research and policy communities.

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Energy Retrofits for Commercial and Public Buildings: Global Markets( EGY074A )
Publish Date: Mar 2011    

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.