Green Buildings Market size was valued at USD 782.47 billion in 2024 and is likely to reach USD 2.48 trillion by the end of 2037, expanding at around 9.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of green buildings is assessed at USD 840.69 billion. The growing focus on renewable energy sources worldwide, as well as a development in the concept of green buildingss in some developed and developing regions, has contributed to market growth. Renewable energy consumption has increased by 3% in 2020, according to the International Energy Agency. In 2020, the overall share of renewables in world electricity production has increased to 29%, up from 27% last year.
In addition, governments of developed nations have introduced incentives and policies for the encouragement of green construction, which is also expected to accelerate market growth in the forthcoming years. Furthermore, low maintenance and operational costs of green buildingss, and a rising focus on emission-free construction are projected to offer ample growth opportunities to the green buildings market in the near future.
Author Credits: Dhruv Bhatia
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