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Market Research Report
Product code 
957892

Energy Retrofit Systems

Published: | Global Industry Analysts, Inc. | 142 Pages | Delivery time: 1-2 business days

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Energy Retrofit Systems
Published: April 1, 2021
Global Industry Analysts, Inc.
Content info: 142 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

Abstract:

Global Energy Retrofit Systems Market to Reach $185.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Energy Retrofit Systems estimated at US$84.3 Billion in the year 2020, is projected to reach a revised size of US$185.2 Billion by 2027, growing at a CAGR of 11.9% over the analysis period 2020-2027. HVAC Retrofit System, one of the segments analyzed in the report, is projected to record a 12.8% CAGR and reach US$86.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the LED Retrofit Lighting segment is readjusted to a revised 11.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $24.9 Billion, While China is Forecast to Grow at 11.4% CAGR

The Energy Retrofit Systems market in the U.S. is estimated at US$24.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$32.3 Billion by the year 2027 trailing a CAGR of 11.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.4% and 10.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR.

Other Products Segment to Record 10.6% CAGR

In the global Other Products segment, USA, Canada, Japan, China and Europe will drive the 10.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$22.3 Billion in the year 2020 will reach a projected size of US$44.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$21.8 Billion by the year 2027.

Select Competitors (Total 44 Featured) -

  • AECOM
  • Ameresco, Inc.
  • Chevron Corporation
  • Daikin Industries Ltd.
  • Eaton Corporation PLC
  • Johnson Controls International PLC
  • Orion Energy Systems, Inc.
  • Schneider Electric SA
  • Trane, Inc.
Product Code: MCP11799

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • Impact of Covid-19 and a Looming Global Recession
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Current & Future Analysis for Energy Retrofit Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 2: World 7-Year Perspective for Energy Retrofit Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
    • TABLE 3: World Current & Future Analysis for HVAC Retrofit System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 4: World 7-Year Perspective for HVAC Retrofit System by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 5: World Current & Future Analysis for LED Retrofit Lighting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 6: World 7-Year Perspective for LED Retrofit Lighting by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 7: World Current & Future Analysis for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 8: World 7-Year Perspective for Other Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 9: World Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 10: World 7-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
    • TABLE 11: World Current & Future Analysis for Non-Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 12: World 7-Year Perspective for Non-Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

III. MARKET ANALYSIS

  • UNITED STATES
    • TABLE 13: USA Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 14: USA 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 15: USA Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 16: USA 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • CANADA
    • TABLE 17: Canada Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 18: Canada 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 19: Canada Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 20: Canada 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • JAPAN
    • TABLE 21: Japan Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 22: Japan 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 23: Japan Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 24: Japan 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • CHINA
    • TABLE 25: China Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 26: China 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 27: China Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 28: China 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • EUROPE
    • TABLE 29: Europe Current & Future Analysis for Energy Retrofit Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
    • TABLE 30: Europe 7-Year Perspective for Energy Retrofit Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
    • TABLE 31: Europe Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 32: Europe 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 33: Europe Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 34: Europe 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • FRANCE
    • TABLE 35: France Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 36: France 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 37: France Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 38: France 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • GERMANY
    • TABLE 39: Germany Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 40: Germany 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 41: Germany Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 42: Germany 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • ITALY
    • TABLE 43: Italy Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 44: Italy 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 45: Italy Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 46: Italy 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • UNITED KINGDOM
    • TABLE 47: UK Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 48: UK 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 49: UK Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 50: UK 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • REST OF EUROPE
    • TABLE 51: Rest of Europe Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 52: Rest of Europe 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 53: Rest of Europe Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 54: Rest of Europe 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • ASIA-PACIFIC
    • TABLE 55: Asia-Pacific Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 56: Asia-Pacific 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 57: Asia-Pacific Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 58: Asia-Pacific 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027
  • REST OF WORLD
    • TABLE 59: Rest of World Current & Future Analysis for Energy Retrofit Systems by Product - HVAC Retrofit System, LED Retrofit Lighting and Other Products - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 60: Rest of World 7-Year Perspective for Energy Retrofit Systems by Product - Percentage Breakdown of Value Sales for HVAC Retrofit System, LED Retrofit Lighting and Other Products for the Years 2020 & 2027
    • TABLE 61: Rest of World Current & Future Analysis for Energy Retrofit Systems by Application - Residential and Non-Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
    • TABLE 62: Rest of World 7-Year Perspective for Energy Retrofit Systems by Application - Percentage Breakdown of Value Sales for Residential and Non-Residential for the Years 2020 & 2027

IV. COMPETITION

  • Total Companies Profiled: 44