INTRODUCTION
STUDY GOALS AND OBJECTIVES
BCC’s goal in conducting this study was to assess and describe the current status of the worldwide energy efficiency (EE) industry for all major technologies, and assess the potential growth of that industry. Specifically, the study’s objectives were to: (1) summarize existing EE technologies and promising emerging technologies that are under development; (2) evaluate the existing EE industry, focused on producers of each major viable technology; and (3) assess market potential for EE technologies over a 5-year period, from 2009 through 2014.
REASONS FOR DOING THE STUDY
Driven by the intensification and increased global awareness surrounding several energy-related issues, including energy cost and security, greenhouse gas (GHG) emissions, climate change, air and water pollution, and other environmental and economic concerns, worldwide interest in energy efficiency is quickly rising. The application of EE technologies represents one of several potential solutions (others solutions include increasing renewable and fossil energy production, increasing pollution control and mitigation for power generation, installing carbon capture and sequestration facilities, and other solutions) that are being widely implemented to address these issues. In many situations, increased reliance on EE technologies will serve as a key component toward reaching climate change, energy security, and environmental goals of political entities across the globe. This study assesses market opportunities that will facilitate ongoing implementation of EE technologies around the world.
INTENDED AUDIENCE
This is a complete study of EE technologies; it includes relevant market and production information, technological descriptions and issues, applications, market factors and potential, and an overview of supporting incentives and regulations in major worldwide markets. Therefore, 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. It will also be of interest to corporate planners and strategists, large commercial and industrial energy consumers, energy market researchers, EE advocacy groups, and other public and private-sector interest groups and market analysts.
SCOPE OF REPORT
The scope of this investigation includes only major viable EE technologies for the commercial, residential, and industrial sectors, as well as an abbreviated discussion of potentially viable and emerging EE technologies. BCC analyzes each technology, determines its current market status, examines its impact on future markets, and presents forecasts of growth over the next 5 years. Technological issues, including the latest trends, are assessed and discussed, as are the current and potential regulatory environments in support of this industry.
BCC analyzes the industry on a worldwide basis, from both manufacturing and implementation phases points of view. Government roles are examined that support energy-efficient technologies worldwide, including regulatory support and requirements, feed in tariffs, and promotional incentives for various EE technologies. A review of the most relevant EE technologies is provided, recent trends in capacity installation and unit sales are discussed, and industry overviews and market assessments for each EE technology are presented.
WORLDWIDE MARKETS
The following list provides a review of the major worldwide markets that were assessed in support of this study:
- North America— United States, Canada
- Europe— European Union
- Asia and Australia— China, Japan, Korea, India, Australia, Pacific Rim
INFORMATION SOURCES
Background information, including reviews of each EE technology and its implementation status, were collected from government and industry sources, primarily those located in the United States and Europe. Specific citations and references are provided as needed to support this study, and website links to government and industry studies, white papers, and other relevant information are provided whenever available.
BCC’s research of present and historic market trends was conducted primarily via phone interviews and Internet research, typically relying on personal interviews and internal company data that were provided to BCC Research, and on annual documentation of sales within each sector as relevant to a particular EE technology. Based on the results of our surveys, the potential applications for each technology were analyzed, and sales forecasts were made for the 2009 through 2014 time frame.
Market sizes and installed capacity figures were calculated based upon data obtained from surveyed parties. When available, data regarding the total percentage of market share that was represented by the surveyed parties was used to provide an estimate of the entire market size and/or installed capacity. Additionally, when available, the data provided in this report were compared with other industry data to ensure relevance, applicability, and accuracy. Data are summarized in the list below as follows—portion of report/ information source/ primary or secondary source.
- Review of energy-efficient technologies and energy-efficient products/ Scientific, government, and industry research/Secondary
- Regulatory support for energy efficiency/Government documents/Primary and secondary
- Industry structure and market overview/Industry interviews/Primary
- Major companies and company profiles/Industry interviews,/Primary
- Market assessment and projections/Industry interviews/BCC Research calculations/Primary
Both primary and secondary research methods were used in preparing this report. BCC surveyed more than 110 companies to obtain the data for this study. Included were manufactures of EE hardware, hardware distributors, and selected industrial products. We also spoke with users of these technologies in a variety of locales worldwide. Additionally, data were compiled from current financial and trade information and government sources.
ANALYST CREDENTIALS
Robert Eckard has more than a decade of experience working in energy and environmental industries. Currently pursuing a PhD in water and energy resources at the University of California at Davis, Robert also runs a small industry research and technical consulting company, with emphasis on the energy-water-environmental sectors. He has provided economic analysis market assessments, environmental analysis, and technical water and energy reports to state and local governments, other consultants, and private companies and individuals throughout the U.S., Australia, and Singapore. Robert takes pride in preparing the highest quality research and documentation, and is happy to be supporting BCC Research in its endeavor to assess worldwide EE generation markets.
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DISCLAIMER
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or its use.
Report Code: EGY067A, Published: September 2009, Analyst: Robert Eckard
