Net-Zero Energy Buildings Market Analysis

Energy Source (Solar Energy, Biogas)

The solar energy segment predicted to account for 58% share of the global net zero energy buildings market by 2037. Net-zero buildings require energy generation and solar energy is the most feasible option to generate energy. Installation of solar panels can significantly reduce carbon emissions with reduced energy costs. Power generation technologies using renewable sources of energy can reduce carbon emissions, solar energy has more potential than biogas to produce energy. In addition, the abundance of sunlight, ease of installing solar panels, and government subsidies on solar panels are estimated to boost the segment growth. According to the International Energy Agency, solar electricity accounts for 4.5% of the world's total electricity production and is still the third largest source of renewable electricity.

Equipment Type (HVAC System, Lighting, Walls & Roof)

The equipment type segment is predicted to account for 39% share of the global net zero energy buildings market by 2037. HVAC systems regulate humidity, temperature, and airflow to ensure a healthy indoor atmosphere. Modern air, filtration, ventilation, and monitoring technologies are included in HVAC systems in zero-energy buildings to ensure optimal air quality and comfort for occupants. Furthermore, government and regulatory agencies are using a high energy efficiency setup for buildings construction which includes an HVAC system that is resulting in less emission of greenhouse gases. It is noted that the share of HVAC in the buildings's total energy ranged from 23.8% to 72.9%, depending on the HVAC selection and climate zone.

Our in-depth analysis of the net zero energy buildings market includes the following segments: