BUILDING EFFICIENCY TO BOOM IN EUROPE

Energy Efficient Buildings: Europe; Energy Efficient HVAC, Lighting, Insulation and Glazing, Building Controls, and Energy Service Companies: Market Analysis and Forecasts

3Q 2014 (Navigant Research)

“…As a result of legislation [across the European Union (EU)], including the Energy Performance of Buildings Directive (EPBD), mandatory changes to country-level building codes are increasing the performance requirements that apply to new construction and major renovations of existing buildings…[and pushing toward nearly zero energy public (2019) and private (2021) buildings. Technologies, sophisticated building automation and control systems, software] solutions providers and traditional hardware vendors of heating, ventilation, and air conditioning (HVAC), lighting, and control systems are expanding…Financial products for energy efficiency retrofits are also growing and removing barriers such as access to finance. Navigant Research forecasts that the European market for building energy efficient products and services will grow from €41.4 billion ($56 billion) in 2014 to €80.8 billion ($109 billion) in 2023…” click here for more

click to enlarge

Tweet