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Net-Zero Energy Buildings Market Size, Share, Trends, Industry Analysis Report: By Type, Equipment, and Region; Market Forecast, 2025-2034
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- Honeywell International Inc.
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- Kingspan Group plc
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The global net-zero energy building market size is expected to reach USD 270.12 billion by 2034, according to a new study by Polaris Market Research. The report "Net-Zero Energy Buildings Market Size, Share, Trends, Industry Analysis Report: By Type (Residential and Commercial), Equipment (HVAC Systems, Lighting, Walls and Roofs, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa); Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Net-zero energy buildings (NZEBs) are building in which all of their energy demand is met on-site. These buildings make use of renewable energy sources such as wind, solar, and biomass to generate as much energy as they consume. Also, they employ several passive and active strategies, such as radiant cooling and variable refrigerant flow, to reduce energy consumption.
The demand for net-zero energy buildings has increased over the years owing to growing energy concerns and heightened environmental awareness globally. In addition, the significant rise in the prices of traditional fuels due to the depleting fossil fuel reserves has encouraged the adoption of renewable energy solutions in NZEBs.
Governments worldwide are implementing various regulations and strategies, including building codes and emission standards, to reduce emissions from construction activities. These initiatives are boosting the adoption of net-zero energy buildings. Additionally, the increasing acceptance and reduced operation costs of NZEBs are having a favorable impact on the expansion of the market.
Advancements in insulating materials and smart building automation systems, along with rising awareness about the various benefits of NZEBs, are among the key trends expected to drive the demand for NZEBs in the coming years. The market offers opportunities for stakeholders, including policymakers, developers, and technology providers, to innovate and collaborate on developing scalable solutions that address challenges related to the widespread adoption of ZNEBs.
Net-Zero Energy Buildings Market Report Highlights
By type analysis, the residential segment accounted for a larger net-zero energy buildings market share in 2024. The segment's growth is fueled by the growing awareness and need for sustainable buildings among builders, developers, and homeowners.
By equipment analysis, the HVAC segment held the largest market share in 2024, as ZNEBs use HVAC systems to maintain comfortable indoor air quality through adequate ventilation.
In 2024, North America witnessed a substantial market revenue share. The rising awareness about climate change has led to the increased adoption of the net-zero energy concept in the region.
The Asia Pacific net-zero buildings market is anticipated to witness the fastest growth from 2025 to 2034. The rapid urbanization and industrialization in major nations such as India, China, and Japan have led to increased energy demand and heightened awareness of environmental sustainability.
Siemens; General Electric; Johnson Controls International plc; SunPower Corporation; Altura Associates, Inc.; GreenTree Global; Saint-Gobain; Daikin Industries Ltd.; Honeywell International Inc.; Schneider Electric; Kingspan Group plc; and Integrated Environmental Solutions (IES) Limited are among the leading players in the market.
Polaris Market Research has segmented the net-zero energy buildings market report on the basis of type, equipment, and region:
By Type Outlook (Revenue - USD Billion, 2020-2034)
By Equipment Outlook (Revenue - USD Billion, 2020-2034)
- HVAC Systems
- Lighting
- Walls and Roofs
- Others
By Regional Outlook (Revenue - USD Billion, 2020-2034)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Net-Zero Energy Buildings Market Insights
- 4.1. Net-Zero Energy Buildings Market - Market Snapshot
- 4.2. Net-Zero Energy Buildings Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increased Government Regulations to Reduce Carbon Emissions
- 4.2.1.2. Rising Global Population Drives Market Growth
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Initial Capital Costs
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Net-Zero Energy Buildings Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Net-Zero Energy Buildings Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 5.3. Residential
- 5.3.1. Global Net-Zero Energy Buildings Market, by Residential, by Region, 2020-2034 (USD Billion)
- 5.4. Commercial
- 5.4.1. Global Net-Zero Energy Buildings Market, by Commercial, by Region, 2020-2034 (USD Billion)
6. Global Net-Zero Energy Buildings Market, by Equipment
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 6.3. HVAC Systems
- 6.3.1. Global Net-Zero Energy Buildings Market, by HVAC Systems, by Region, 2020-2034 (USD Billion)
- 6.4. Lighting
- 6.4.1. Global Net-Zero Energy Buildings Market, by Lighting, by Region, 2020-2034 (USD Billion)
- 6.5. Walls and Roofs
- 6.5.1. Global Net-Zero Energy Buildings Market, by Walls and Roofs, by Region, 2020-2034 (USD Billion)
- 6.6. Others
- 6.6.1. Global Net-Zero Energy Buildings Market, by Others, by Region, 2020-2034 (USD Billion)
7. Global Net-Zero Energy Buildings Market, by Geography
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Net-Zero Energy Buildings Market Assessment, By Geography, 2020-2034 (USD Billion)
- 7.3. Net-Zero Energy Buildings Market - North America
- 7.3.1. North America: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.3.2. North America: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.3.3. Net-Zero Energy Buildings Market - US
- 7.3.3.1. US: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.3.3.2. US: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.3.4. Net-Zero Energy Buildings Market - Canada
- 7.3.4.1. Canada: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.3.4.2. Canada: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.4. Net-Zero Energy Buildings Market - Europe
- 7.4.1. Europe: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.4.2. Europe: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.4.3. Net-Zero Energy Buildings Market - UK
- 7.4.3.1. UK: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.4.3.2. UK: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.4.4. Net-Zero Energy Buildings Market - France
- 7.4.4.1. France: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.4.4.2. France: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.4.5. Net-Zero Energy Buildings Market - Germany
- 7.4.5.1. Germany: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.4.5.2. Germany: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.4.6. Net-Zero Energy Buildings Market - Italy
- 7.4.6.1. Italy: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.4.6.2. Italy: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.4.7. Net-Zero Energy Buildings Market - Spain
- 7.4.7.1. Spain: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.4.7.2. Spain: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.4.8. Net-Zero Energy Buildings Market - Netherlands
- 7.4.8.1. Netherlands: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.4.8.2. Netherlands: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.4.9. Net-Zero Energy Buildings Market - Russia
- 7.4.9.1. Russia: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.4.9.2. Russia: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.4.10. Net-Zero Energy Buildings Market - Rest of Europe
- 7.4.10.1. Rest of Europe: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.4.10.2. Rest of Europe: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.5. Net-Zero Energy Buildings Market - Asia Pacific
- 7.5.1. Asia Pacific: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.5.3. Net-Zero Energy Buildings Market - China
- 7.5.3.1. China: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.5.3.2. China: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.5.4. Net-Zero Energy Buildings Market - India
- 7.5.4.1. India: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.5.4.2. India: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.5.5. Net-Zero Energy Buildings Market - Malaysia
- 7.5.5.1. Malaysia: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.5.5.2. Malaysia: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.5.6. Net-Zero Energy Buildings Market - Japan
- 7.5.6.1. Japan: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.5.6.2. Japan: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.5.7. Net-Zero Energy Buildings Market - Indonesia
- 7.5.7.1. Indonesia: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.5.7.2. Indonesia: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.5.8. Net-Zero Energy Buildings Market - South Korea
- 7.5.8.1. South Korea: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.5.8.2. South Korea: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.5.9. Net-Zero Energy Buildings Market - Australia
- 7.5.9.1. Australia: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.5.9.2. Australia: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.5.10. Net-Zero Energy Buildings Market - Rest of Asia Pacific
- 7.5.10.1. Rest of Asia Pacific: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.5.10.2. Rest of Asia Pacific: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.6. Net-Zero Energy Buildings Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.6.3. Net-Zero Energy Buildings Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.6.3.2. Saudi Arabia: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.6.4. Net-Zero Energy Buildings Market - UAE
- 7.6.4.1. UAE: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.6.4.2. UAE: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.6.5. Net-Zero Energy Buildings Market - Israel
- 7.6.5.1. Israel: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.6.5.2. Israel: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.6.6. Net-Zero Energy Buildings Market - South Africa
- 7.6.6.1. South Africa: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.6.6.2. South Africa: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.6.7. Net-Zero Energy Buildings Market - Rest of Middle East & Africa
- 7.6.7.1. Rest of Middle East & Africa: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.6.7.2. Rest of Middle East & Africa: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.7. Net-Zero Energy Buildings Market - Latin America
- 7.7.1. Latin America: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.7.3. Net-Zero Energy Buildings Market - Mexico
- 7.7.3.1. Mexico: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.7.3.2. Mexico: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.7.4. Net-Zero Energy Buildings Market - Brazil
- 7.7.4.1. Brazil: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.7.4.2. Brazil: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.7.5. Net-Zero Energy Buildings Market - Argentina
- 7.7.5.1. Argentina: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.7.5.2. Argentina: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
- 7.7.6. Net-Zero Energy Buildings Market - Rest of Latin America
- 7.7.6.1. Rest of Latin America: Net-Zero Energy Buildings Market, by Type, 2020-2034 (USD Billion)
- 7.7.6.2. Rest of Latin America: Net-Zero Energy Buildings Market, by Equipment, 2020-2034 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Siemens
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. General Electric
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Johnson Controls International plc
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. SunPower Corporation
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Altura Associates, Inc.
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. GreenTree Global
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Saint-Gobain
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Daikin Industries Ltd.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Honeywell International Inc.
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Schneider Electric
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Kingspan Group plc
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Integrated Environmental Solutions (IES) Limited
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development