The Global Market for Energy Efficient Building Technologies is Expected to Reach $360 Billion in 2026, According to Navigant Research

Digitization is allowing improved building performance while also
changing the competitive dynamics of the industry, report finds

BOULDER, Colo.–(BUSINESS WIRE)–#Buildings–A new report from Navigant
Research examines the global market for
energy efficient building products and services, providing an analysis
of market issues and global forecasts for revenue, segmented by product
type, service type, region, and construction type, through 2026.

The landscape for energy efficient building technologies may be changing
more rapidly today than it has at any point in its history. New market
trends such as digitization, as a service offerings, the Internet of
Things (IoT), and the ubiquitous nature of software systems are bringing
new dynamics of operation and competition. Click
to tweet: According to a new report from @NavigantRSRCH,
the global market for energy efficient building technologies is expected
to reach $227.4 billion in 2017 and grow to nearly $360.6 billion in
2026.

“Participants in the energy efficient building equipment value chain are
creating new and innovative products and services that broaden and
deepen market penetration with increased simplicity, or through added
sophistication, as well as investment and payback figures that better
match the internal requirements of end-use customers,” says Tom
Machinchick, principal research analyst with Navigant Research.
“Companies that did not have the foresight to start assessing the
digital transformation years ago will be at a serious disadvantage
competing in the years to come.”

Digitization is allowing improved building performance while also
changing the competitive dynamics of the industry, according to the
report. Whether through acquisition or a strategic development and
training plans, companies that are ready for evolving market dynamics
can create a host of new market opportunities for themselves.

The report, Energy
Efficient Buildings Global Outlook, analyzes the global market
for energy efficient building products and services in nine key
segments: HVAC, lighting, controls, water efficiency, water heating,
building envelope, other, and commissioning and installation services.
The study provides an analysis of the market issues, including market
drivers and hurdles, opportunities, and current market trends, related
to energy efficient building technologies. Global market forecasts for
revenue, segmented by product and service type, region, and construction
type, extend through 2026. The report also examines the key regional
market dynamics and technologies related to energy efficient building
products and services, as well as the competitive landscape. An
Executive Summary of the report is available for free download on the Navigant
Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report, Energy Efficient Buildings Global Outlook, is a summary
and reflects Navigant Research’s current expectations based on market
data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full
report for a complete understanding of the assumptions underlying the
report’s conclusions and the methodologies used to create the report.
Neither Navigant Research nor Navigant undertakes any obligation to
update any of the information contained in this press release or the
report.

Contacts

Navigant Research
Lindsay Funicello-Paul, +1-781-270-8456
[email protected]