The global energy efficient buildings market size is expected to reach USD 89.03 billion by 2034, according to a new study by Polaris Market Research. The report “Energy Efficient Buildings Market Size, Share, Trends, Industry Analysis Report: By Material [Glass Wool, Mineral Wool, Expanded Polystyrene (EPS), and Extruded Polystyrene (XPS)], Component Type, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Energy-efficient buildings are designed to minimize energy usage while maintaining comfortable living and working conditions. This is achieved through advanced construction techniques, innovative technologies, and sustainable materials that enhance the efficiency of heating, cooling, lighting, and overall energy management systems.
The energy efficient buildings market growth is driven by rising energy costs, stringent government regulations, and growing awareness of environmental sustainability. Many countries have implemented building codes and standards, such as the Leadership in Energy and Environmental Design (LEED) certification and the Building Research Establishment Environmental Assessment Method (BREEAM), to encourage energy-efficient building practices. Governments are also offering incentives, such as tax credits and subsidies, to promote energy-efficient and green buildings.
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Technological advancements play a crucial role in propelling the energy efficient buildings market development. Smart building technologies, including Internet of Things (IoT) devices, sensors, and advanced energy management systems, enable real-time monitoring and optimization of energy consumption. For instance, smart thermostats and lighting systems adjust usage based on occupancy and environmental conditions, reducing waste and lowering operational costs. Additionally, the integration of renewable energy sources, such as solar panels and wind turbines, into building designs enhances energy efficiency and reduces dependency on conventional energy grids.
By Material Outlook (Revenue, USD Billion, 2020–2034)
By Component Type Outlook (Revenue, USD Billion, 2020–2034)
By Application Outlook (Revenue, USD Billion, 2020–2034)
By Regional Outlook (Revenue, USD Billion, 2020–2034)
Report Attributes |
Details |
Market Size Value in 2024 |
USD 31.47 billion |
Market Size Value in 2025 |
USD 34.86 billion |
Revenue Forecast by 2034 |
USD 89.03 billion |
CAGR |
11.0% from 2025 to 2034 |
Base Year |
2024 |
Historical Data |
2020–2023 |
Forecast Period |
2025–2034 |
Quantitative Units |
Revenue in USD Billion and CAGR from 2025 to 2034 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
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Regional Scope |
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Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements |