Net-zero Energy Buildings Market To Reach $141.83 Billion By 2030

Net-zero Energy Buildings Market Growth & Trends

The global net-zero energy buildings market size is expected to reach USD 141.83 billion by 2030, registering a CAGR of 17.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Net-zero energy buildings are those buildings where ideally 100% of their energy is generated and met with onsite renewable energy sources, thereby reducing the energy consumption over a span of time. ZNE (Zero Net Energy) buildings include ZNE emerging and ZNE verified buildings.

ZNE verified buildings are those buildings that meet the net energy consumption through onsite renewable energy technologies over a course of time. The energy is produced from onsite renewables instead of fuels such as electric, natural gas, and steam. Whereas ZNE emerging buildings have specified targets for achieving nearly-zero energy but are yet to meet the goals as per the definition of ZNE verified buildings. Such emerging buildings are usually in the planning or designing phase or under construction with less than one year of operation.

Technological advancements coupled with stringent policies and programs are expected to considerably propel the demand and adoption of NZEBs. ZNE projects are targeting buildings such as schools, institutional buildings, corporate offices, and public buildings across the globe. The market is expected to gain traction over the forecast period on account of specified targets and regulations laid down by organizations striving to achieve sustainability and reducing carbon emissions. The U.S. consists of relatively more verified and emerging ZNE buildings than other countries. Projects are being undertaken to convert the districts into nearly-zero energy buildings and green buildings.

The regional laws, authorities, bodies, organizations, concerned government departments are working with regional architects, designers, builder & contractors, equipment manufacturers, and material suppliers to promote self-energy sufficient buildings. The large number of successful projects with the use of current technologies and design approaches have created awareness among the population regarding how realistic and achievable the net-zero energy goals are.

The industry is gaining momentum and is predicted to exhibit robust growth, creating lucrative opportunities for equipment producers, material suppliers, and service providers. HVAC systems are one of the most important and energy-consuming parts in the entire building structure. The HVAC systems segment accounted for the largest market share and is anticipated to continue dominating the market over the forecast period.

The consulting & designing services segment is expected to grow at a notable rate and generate healthy revenue over the estimated duration. Furthermore, local and regional organizations are shifting their focus on the residential sector, which is also expected to drive the segment growth. The European region is likely to project a robust growth rate owing to the rising concerns for environment protection, stringent policies, building codes, and sustainability goals stated by the governments of the countries in this region. Large investments made by regional manufacturers and keen emphasis by the monitoring authorities on the adoption of net-zero energy buildings are the major influencing factors for the regional market’s substantial growth over the forecast period.

In addition to the analysis of global net-zero energy buildings market trends, the report highlights the opportunities and barriers involved in achieving net-zero energy targets. Moreover, it provides a review on the investor opportunities with key questions answered from an investor’s perspective. It also explains the significance of green buildings in improving a business.

Owing to the potential opportunities of the regional market, the energy performance and requirements for different climatic zones, particularly in the European region, is explained in the report. The U.S. accounted for the largest market share in 2016 on account of the large number of ZNE buildings in the country. As such, a list of ZNE verified buildings is provided so as to understand the country’s pattern of adopting the technological concept along with its future demands for net-zero emerging buildings.

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Net-zero Energy Buildings Market Report Highlights

• Solution and services dominated the market and accounted for a share of 53.3% in 2023. Software solutions that facilitate real-time monitoring and optimization of energy consumption are becoming essential tools for achieving net-zero goals.

• The equipment segment is expected to register the fastest CAGR of 18.0% during the forecast period. The emergence of smart technologies has revolutionized how buildings consume energy.

• The commercial segment accounted for the largest market revenue share in 2023. The non-residential. Governments worldwide are implementing policies that mandate energy efficiency standards and promote sustainable building practices.

• The residential segment is expected to register the fastest CAGR during the forecast period. Innovations in solar panels, energy-efficient appliances, smart home technologies, and advanced insulation materials have made it more feasible and cost-effective for homeowners to achieve net-zero energy goals.

• Europe net-zero energy buildings market accounted for the largest market revenue share of 36.0% in 2023.

• The Middle East and Africa net-zero energy buildings market is anticipated to register the fastest CAGR growth over the forecast period.

Net-zero Energy Buildings Market Segmentation

Grand View Research has segmented the global net-zero energy buildings market on the basis of on component, application, and region:

Net-zero Energy Buildings Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Equipment

  • Lighting

  • HVAC Systems

  • Others

• Solution And Services

  • Software Solutions

  • Designing Service

  • Consulting Services

Net-zero Energy Buildings Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Commercial

• Residential

Net-zero Energy Buildings Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

• Middle East and Africa (MEA)

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players in the Net-zero Energy Buildings Market

• Altura Associates LLC

• Canadian Solar Inc.

• Daikin Industries Ltd.

• DABITRON Group Canary Islands

• General Electric Company

• GreenTree Global

• Honeywell International Inc.

• Integrated Environmental Solutions Ltd.

• Johnson Controls International plc

• Kingspan Group Plc