“Energy Efficient Buildings: Global Outlook”, a report from Pike Research has offered information based on the growth and size of the markets of energy efficient buildings, which includes sale of energy efficient lighting from 2011 to 2017, sales of energy efficient HVAC device, incomes from ESCO, key drivers’ qualitative explanation, energy efficiency trends in main markets that target the commercial building segment.
The energy efficiency equipments and services market is improving because the national governments are trying to bring down the usage of energy by enhancing the building stock efficiency. Buildings are one of the main energy consumption sources and therefore it is important to enhance the energy efficiency of buildings, in aspects such as heating, ventilation, air conditioning (HVAC), green lighting, and business models like energy performance contracting (EPC) that are being utilized by energy service companies (ESCOs) around the globe. In accordance with a latest Pike Research report, the energy efficiency market for buildings will achieve $103.5 billion during 2017, which is an increase of over 50% from the market value in 2011.
According to Eric Bloom, a research analyst, ESCOs are heading the energy efficiency charge for business buildings in several countries, by means of EPC and added financing means for fixing energy efficient device and initiate current services of energy efficiency. The energy-efficient device market, which includes efficient lighting and HVAC systems, is transforming because the trends of eco-friendly building has developed an interest in efficient systems and also helped the continuous cost reduction in efficient lighting technologies like LEDs.
The forecast from Pike Research has shown that the ESCO market will signify the main section of the industry’s energy-efficient buildings in the future, along with the income doubling over from $30.1 billion during 2011 to $66.0 by 2017, globally. Additionally, considerable growth will occur in the high-efficiency HVAC systems market, extending from $3.1 billion to $6.4 billion in the same time.
Source: http://www.pikeresearch.com/