A new research study by Transparency Market Research (TMR) offers a comprehensive as well as an unbiased assessment of the global energy retrofits market for commercial and public buildings. The report, titled “Energy Retrofits Market for Commercial and Public Buildings - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” is available for sale on the company’s website.
Energy retrofits are components installed in addition to the current energy consuming equipment installed in buildings and commercial outlets. They help in storing and distributing the adequate amount of energy in buildings.
According to the market study, the continuous depletion of energy sources has increased the demand for energy worldwide. Coupled with the shortage of storage systems, this demand has fueled the need for energy retrofits in old buildings and constructions. Apart from this, the need to reduce the expenditure on energy has also been stimulating the demand for energy retrofits significantly.
Moreover, the rising sense of environmental responsibility among corporate organizations is encouraging them to take initiatives for the reduction of their carbon footprints as well as the emission of GHGs. This factor is likely to propel the global market for energy retrofits remarkably over the forecast period, states the research study.
The research study also discusses the restraints faced by the global energy retrofits market for commercial and public buildings in detail. As per the report, the dearth of awareness regarding energy retrofits in emerging economies with minimal support from governments is hindering the market from rising rapidly. Additionally, the high cost associated with the installation of energy retrofits is likely to limit the market’s growth significantly in the coming years.
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The market study analyzes the global market for commercial and public building energy retrofits on the basis of the size of the building, its age, its location, the volume of energy it consumes, and various technologies used in the systems utilized for energy retrofitting of the building.
The research report also studies this market based on its regional spread. North America, Asia Pacific, Europe, and the Rest of the World have been identified as the key regional markets for commercial and public building energy retrofits in this market study.
Schneider Electric, Daikin Industries Ltd., Johnson Controls, Ameresco Inc., AECOM Energy, The Benham Co., Burns & McDonnell, LLC/SAIC, Chevron Energy Solutions, Cofely/GDF Suez, Clark Energy Group LLC, and ConEdison Solutions are the major companies operating in the global energy retrofits market for commercial and public buildings, and are profiled in this research report.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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