As green building practices become more commonplace in the global construction industry, the goal of designing zero energy buildings, or buildings that consume as much energy as they produce through on-site and renewable energy systems, has emerged as the next major frontier. A number of countries and regions have already established long-term targets and regulations that will require zero energy building construction that will come into effect over the coming years, some as soon as 2016. As a result, the construction industry as a whole, led by HVAC vendors, real estate developers, construction companies, as well as renewable energy developers, are in the process of developing products and service lines that will meet demand for zero energy building and ensure compliance with new regulations.
A market is already emerging for zero energy buildings today, but it remains a small fraction of the overall building construction industry. Most product and service providers agree that the technologies required to make zero energy buildings possible, from efficient lighting and HVAC systems to glazing, insulation, solar photovoltaic and other systems, can add significant upfront cost. The goal of zero energy building will become more broadly attainable as advances in energy efficiency and renewable energy technologies improve system performance and reduce cost.
This Pike Research report provides data on the size and growth of the market for zero energy building markets, including HVAC systems, glazing systems, wall and roof construction, renewable energy systems, and construction soft costs, from 2011 through 2035. The study also includes a qualitative assessment of major drivers and trends for zero energy buildings in key markets, including both commercial and residential zero energy buildings. It also provides a discussion of the individual technology elements associated with zero energy building as well as the design challenges that the AEC (architecture/engineering/construction) service providers will face in delivering zero energy buildings.