London, 23 June 2015 – Technavio has published a new report on the global energy retrofit systems market, which is expected to grow at a CAGR of close to 8% from 2015-2019.
About the Report
According to the latest Technavio report, energy retrofit systems benefit both residential and commercial buildings by reducing their overall energy costs through the use of more energy-efficient solutions. Energy retrofit systems can help improve the energy efficiency of existing buildings and save energy costs.
“The energy usage in a typical building can be cut by up to 15% by employing no- and low-cost measures, and by over 45% by employing deeper retrofit measures,” says Faisal Ghaus, Vice President of Technavio.
The new market research report also draws attention towards governments in many countries, especially in the US, that have recently started supporting the energy retrofitting market through incentives and policies.
“Local governments are also developing financing options to encourage and help the residential sector in implementing energy retrofits,” says Ghaus.
Market Scope and Calculation of Market Size
This new Technavio report covers the present conditions and the growth prospects of the global energy retrofit systems market from 2015-2019. A detailed study of segmentation by building type (residential, commercial, and public) and technological segmentation (HVAC and controls, insulation and glazing, and others) is presented in the report, along with market revenue of energy retrofit systems for the period 2014-2019.
Key Information Covered in the Report:
Key Vendors:
- AECOM Energy
- Daikin Industries Ltd.
- Johnson Controls
Market Growth Drivers:
- Reduction in Energy Costs
- For a full detailed list, view our report.
Market Challenges:
- Lack of Consumer Awareness
- For a full detailed list, view our report.
Market Trends:
- Growing Government Support
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
