Net-zero Energy Buildings Market Size, Share & Trends Analysis growing at a CAGR of 17.5% from 2024 to 2030

The global net-zero energy buildings market size was estimated at USD 46.60 billion in 2023 and is projected to reach USD 141.83 billion by 2030, growing at a CAGR of 17.5% from 2024 to 2030. As global temperatures rise and extreme weather events become more frequent, there is a heightened urgency to reduce carbon footprints.

Key Market Trends & Insights

  • Europe dominated the global net-zero energy buildings market with the largest revenue share of 36.0% in 2023.
  • By component, the solutions and services segmentled the market with the largest revenue share of 53.3% in 2023.
  • By application, the residential segment is anticipated to grow at the fastest CAGR during the forecadt period.

Market Size & Forecast

  • 2023 Market Size: USD 46.60 Billion
  • 2030 Projected Market Size: USD 141.83 Billion
  • CAGR (2024-2030): 17.5%
  • Largest Market: Europe

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This awareness has led governments, businesses, and individuals to seek solutions that mitigate environmental damage. Net-zero energy buildings (NZEB)s  are a viable response to these challenges, as they minimize energy consumption and generate renewable energy on-site, effectively reducing reliance on fossil fuels.

Starting in 2030, the European Union (EU) aims to elevate the standard for new constructions from nearly zero-energy buildings to zero-emission buildings. Zero-emission buildings are designed to minimize energy consumption and eliminate greenhouse gas emissions associated with their operation. It includes reducing reliance on fossil fuels and ensuring that any remaining energy needs are met through renewable sources.

As consumers become more environmentally conscious, there is an increasing demand for sustainable living spaces that reflect their values. Homebuyers and tenants actively seek properties offering eco-friendly features such as efficient insulation, smart home technologies, and renewable energy systems. This shift in consumer preferences drives developers to prioritize net-zero designs in their projects to attract environmentally minded clients.

Furthermore, according to the United Nations (UN), the buildings and construction sector significantly contributes to global greenhouse gas emissions, accounting for approximately 37% of total emissions. This staggering figure highlights the urgent need for sustainable practices within the industry. The primary reasons behind these emissions are materials such as cement, steel, and aluminum, which have high carbon footprints due to their energy-intensive production processes. Consequently, net-zero building structures are designed to produce as much energy as they consume over a year, effectively minimizing their carbon footprint.

Net-zero Energy Buildings Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 53.87 billion

Revenue forecast in 2030

USD 141.83 billion

Growth Rate

CAGR of 17.5% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 – 2022

Forecast period

2024 – 2030

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Component, application, region

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Country scope

U.S., Canada, Mexico, Germany, UK, France, China, Japan, India, South Korea, Australia, Brazil, Saudi Arabia, UAE, South Africa

Key companies profiled

Altura Associates LLC; Canadian Solar Inc.; Daikin Industries Ltd.;  DABITRON Group Canary Islands; General Electric Company; GreenTree Global; Honeywell International Inc.; Integrated Environmental Solutions Ltd.; Johnson Controls International plc; Kingspan Group Plc

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

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