According to US research firm QYResearch, the global ZEB market size is expected to grow at a compound annual growth rate (CAGR) of 24.0% to reach US$120.94 billion by 2029. On July 24, we released a research report on the zero-energy building (ZEB) industry, ``Global Zero-Energy Building (ZEB) Market Report 2024-2030.''
General concept of zero energy buildings (ZEB)
(Source: Ministry of Environment)
The rapid growth of the ZEB market is driven by (1) the growing global demand for energy efficiency and environmental protection, which has led governments and companies to increase investment and support for green buildings; and solutions such as the adoption of high-efficiency energy management systems, solar panels, and intelligent temperature control systems, which increase technical feasibility and economic rationality; increasing environmental awareness and the pursuit of healthy lifestyles.
The competitive landscape of the market shows that the market is highly diversified and competitive. Leading companies such as Canadian Solar, Kingspan Group, Johnson Controls International, Daikin Industries, and AGC hold the leading positions, with the top 5 companies accounting for approximately 17.0% market share by 2022. On the other hand, the overall market remains open and competitive and is expected to further strengthen in the coming years with the entry of more players and continuous technological advancements.
With the continuous advancement of technology and the gradual reduction of costs, this market will gradually transform from a high-end market to a mass market and is expected to become one of the mainstream trends of the construction industry in the future. At the same time, government support and increased consumer environmental awareness also provide a strong guarantee for the sustainable development of the market. For relevant enterprises, seizing market opportunities, strengthening technological innovation and product development, improving product quality and service levels are the key to achieving sustainable development.
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