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The global Energy Efficiency in Residential Buildings market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Energy efficiency is an essential aspect in the design and operation of residential buildings. Residential energy consumption is shown to account for approximately 8% of the electricity and 3.5% of the natural gas consumption in the U.S. The heating, ventilation, and air conditioning (HVAC) system and lighting system are two major factors influencing energy consumption in residential buildings. About 52?72% of the average energy consumed by residential buildings is used to keep buildings at comfortable temperatures, provide hot water, and circulate fresh air indoors. In the service region of the Tennessee Valley Authority (TVA), 92% of the electricity is non-renewable electricity, and approximately 41% is generated by coal. Therefore, energy consumption in residential buildings directly relates to the proportion of pollutants and greenhouse gas emissions from the power plants. With the development of advanced technology and strict energy policies, however, the energy consumption in the residential sector and the corresponding emission of pollutants can be significantly reduced.
This report aims to provide a comprehensive presentation of the global market for Energy Efficiency in Residential Buildings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Energy Efficiency in Residential Buildings. This report contains market size and forecasts of Energy Efficiency in Residential Buildings in global, including the following market information:
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
HVAC Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Energy Efficiency in Residential Buildings include Johnson Controls, Siemens, Honeywell, Eaton Corporation, Carrier (UTC), Schneider Electric, Fujitsu General, Emerson Electric and General Electric, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Energy Efficiency in Residential Buildings companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Energy Efficiency in Residential Buildings Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Energy Efficiency in Residential Buildings Market Segment Percentages, by Type, 2022 (%)
Global Energy Efficiency in Residential Buildings Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Energy Efficiency in Residential Buildings Market Segment Percentages, by Application, 2022 (%)
Global Energy Efficiency in Residential Buildings Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Energy Efficiency in Residential Buildings Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Energy Efficiency in Residential Buildings revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Energy Efficiency in Residential Buildings revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: