Net-zero energy buildings are very topical and WOBO thanks Renewable Energy Magazine for their update in respect of the associated market projections.

The global net-zero energy buildings market size is expected to reach $140.18 billion by 2028 according to a new study by Polaris Market Research. The report “Net-Zero Energy Buildings Market Share, Size, Trends, Industry Analysis Report By Type (Residential, Commercial); By Equipment (HVAC Systems, Lighting, Walls and Roofs, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of net-zero energy buildings. Growing concerns regarding the environment, depleting fuel resources, and the increasing need to reduce energy consumption further support the growth of this market.

Additionally, the increasing acceptance and reducing operation costs would boost market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Increasing investments by vendors in technological advancements coupled with research and development further boost market growth.

The demand for net-zero energy buildings has increased over the years owing to increasing energy concerns, and environmental consciousness across the globe. The exponential growth in the prices of traditional fuel owing to the depleting fossil fuel reserves has encouraged consumers to switch to renewable sources for operations in net-zero energy buildings.

Net-Zero Energy Buildings Market Size worth $140.18 Billion By 2028