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Global Green Technology Market in Construction Industry 2017-2021

Global Green Technology Market in Construction Industry 2017-2021

About Green Technology Market in Construction Industry

Green technology is a concept that promotes the creation and adoption of new technologies and innovations, which can minimize depletion and disturbance of natural resources. As a result, adoption of this technology across industries is driven by a standard set of goals. These goals mostly focus on creating sustainable technology solutions that significantly reduces the damage caused to the environment. With this objective, there is also a strong focus to invent products that can be reused for energy creation and consumption. Consequently, this technology helps industries in playing a vital role in contributing to a cleaner environment. This in turn, will help countries address challenges related to pollution, climate change, and resource depletion.

Technavio’s analysts forecast the global green technology market in construction industry to grow at a CAGR of 9.26% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global green technology market in construction industry for 2017-2021. To calculate the market size, the report considers the sales of green technology solutions sold for the construction market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Green Technology Market in Construction Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • GE
  • Siemens
  • aleo
  • Spruce Finance
Other prominent vendors
  • Vivint Solar, Inc.
  • Trina Solar Limited
  • Eco-$mart, Inc.
  • Aqualogic Inc.
  • ALAN Manufacturing Inc.
  • Trane Inc.
  • JA Solar Holdings
  • Solar Spectrum
  • RUUD
Market driver
  • Better maintenance of HVAC systems
  • For a full, detailed list, view our report
Market challenge
  • Lack of awareness
  • For a full, detailed list, view our report
Market trend
  • Product localization
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Green Technology Market in Construction Industry 2017-2021

Technavio recognizes the following companies as the key players in the global green technology market in construction industry: GE, Siemens, aleo, and Spruce Finance.

Other Prominent Vendors in the market are: Vivint Solar, Inc., Trina Solar Limited, Eco-$mart, Inc, Aqualogic Inc, ALAN Manufacturing Inc, Trane Inc, JA Solar Holdings, Solar Spectrum, and RUUD.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is product localization. Most green technology solutions are unsuccessful, as they are not customized as per regional requirements. Vendors that intend to expand their geographic presence are working on innovative branding strategies by promoting aspects of the solution that addresses the specific region's requirements. For instance, in India, consumers tend to prefer the most affordable solutions. Hence, vendors ensure they promote this aspect of their product rather than completely emphasizing on the technical details of the solution.”

According to the report, one of the major drivers for this market is better maintenance of HVAC systems. Green technologies have resulted in HVAC technicians to be trained, resulting in improvement of their learning curve. As the adoption of green technologies for HVAC rises in the residential and commercial segments, trainers will learn how to maintain and repair the equipment, irrespective of the brand. They will also get well versed with building regulations, certifications, and codes. This will eventually result in undifferentiated maintenance service of HVAC. It will also increase the consumer's confidence to install more green technology based HVAC equipment.

Further, the report states that one of the major factors hindering the growth of this market is lack of awareness. One of the main challenges in green technology construction is the lack of awareness among people. People should be guided and informed regarding the benefits of green building. Promoting and creating awareness is the initial and biggest step to ensure the development of green buildings.



Companies Mentioned

GE, Siemens, aleo, Spruce Finance, Vivint Solar, Inc., Trina Solar Limited, Eco-$mart, Inc, Aqualogic Inc, ALAN Manufacturing Inc, Trane Inc, JA Solar Holdings, Solar Spectrum, and RUUD.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Market overview
    • Table Global green technology market in construction industry 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segment by end-users
    • Global green technology market in construction industry by end-users
      • Table Global green technology market in construction industry by end-user 2016-2021 (% share)
    • Residential segment
      • Table Global green technology market in construction industry for residential segment 2016-2021 ($ billions)
    • Non-residential segment
      • Table Global green technology market in construction industry for non-residential segment 2016-2021 ($ billions)
  • Market segmentation by product
    • Global green technology market in construction industry by products
      • Table Global green technology market in construction industry by product 2016-2021 (% share)
    • HVAC products
      • Table Global green technology market in construction industry by HVAC products 2016-2021 ($ billions)
    • Water solutions
      • Table Global green technology market in construction industry by water solutions 2016-2021 ($ billions)
    • Others
      • Table Global green technology market in construction industry by others 2016-2021 ($ billions)
  • Geographic segmentation
    • Global green technology market in construction industry by geographical segmentation
      • Table Global green technology market in construction industry by geography 2016-2021 (% share)
    • EMEA
      • Table Green technology market in construction industry for EMEA 2016-2021 ($ billions)
    • Americas
      • Table Green technology market in construction industry for Americas 2016-2021 ($ billions)
    • APAC
      • Table Green technology market in construction industry for APAC 2016-2021 ($ billions)
  • Key leading countries
    • US
      • Table US construction market 2016 (% share)
      • Table Green technology market in construction industry for US 2016-2021 ($ billions)
      • Table US residential construction market by green technology and non-green technology 2016 (% share)
    • China
      • Table Green technology market in construction industry for China 2016-2021 ($ billions)
  • Decision Framework
  • Drivers and challenges
    • Market drivers
      • Table Global residential energy consumption in 2015 (% share)
    • Market challenges
  • Market trends
    • Product localization
    • Shift to alternative energy sources
      • Table Global investments in renewable energy 2016 (%)
    • Industry consolidation
  • Vendor landscape
    • Competitive Scenario
    • Competitive Benchmarking
      • Table Market vendor analysis
  • Key vendor analysis
    • GE
    • Siemens
    • aleo
    • Spruce Finance
  • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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