Energy Efficient Construction Market Set to Reach $2.94 Billion by 2030

Strategic Insights -

The global energy efficient construction market is experiencing significant growth due to increasing global emphasis on climate change mitigation, rising energy costs, and strict regulatory frameworks mandating energy efficiency in new and existing buildings. The market refers to the industry focused on designing, building, and renovating structures to minimize energy consumption while maximizing performance, comfort, and environmental sustainability. According to a report, the energy efficient construction market was valued at USD 1.69 Billion in 2024 and is expected to reach USD 2.94 Billion by 2030, rising at a CAGR of 9.53 percent.

Key Takeaways:

  • Regulatory mandates and green building standards are driving the energy efficient construction market, with governments implementing policies that require new constructions and renovations to meet rigorous energy efficiency criteria.
  • Standards like LEED, BREEAM, and local building codes are pushing the integration of energy-efficient materials, designs, and technologies in construction projects, with over 28,000 buildings globally achieving LEED or BREEAM certification in 2024.
  • Government incentives for energy-efficient construction reached USD 500 billion, with 60 percent of new public projects mandating net-zero energy standards.
  • High initial investment cost remains a significant challenge, with upfront expenses associated with energy efficient technologies and materials often exceeding traditional construction alternatives.
  • The integration of smart building technologies is transforming the energy efficient construction market, with global investments in smart cities and digital infrastructure accelerating this trend.
  • Key market players include Saint-Gobain, Schneider Electric SE, Siemens AG, Honeywell International Inc., Johnson Controls International plc, Kingspan Group plc, LafargeHolcim Ltd (now Holcim Group), Owens Corning, Rockwool International A/S, and Bosch Thermotechnology.

Statistics:

  • Energy efficient construction market value: USD 1.69 Billion in 2024, expected to reach USD 2.94 Billion by 2030.
  • CAGR: 9.53 percent.
  • Number of buildings achieving LEED or BREEAM certification: over 28,000 in 2024.
  • Government incentives for energy-efficient construction: USD 500 billion.
  • Percentage of new public projects mandating net-zero energy standards: 60 percent.

Sources:

  • "Energy Efficient Construction Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" report published on ResearchAndMarkets.com.
  • Industry records on LEED and BREEAM certifications.
  • Government reports on energy-efficient construction incentives.