According to a recent report by Navigant Research, a specialized, global professional services firm, today’s building stock account for a substantial amount of global energy use.
Such significant use has been putting increased pressure on both governments and corporations to reduce their carbon footprints and energy-related spending. This is detailed in the Navigant Research report, titled “Energy Efficient Buildings: Global Outlook.”
Energy efficiency has now become a “broad-based” strategy of reducing carbon footprints and energy spending. The scale of this indicated via the cumulative revenue from energy efficient building products and services projected to reach more than $4.3 billion in the time between 2015 and 2023.
The report analyzes the global market for “commercial building energy efficient products and services,” summarizing the market drivers and barriers for these products and services, including those provided by energy service companies. It also evaluates crucial technologies related to energy efficient building products and services, including the competitive landscape.
The energy efficient building ecosystem is becoming more sophisticated and growing in all sectors, according to the report.
