The Global Zero Net Energy Housing Stock is Expected to Experience a 28% Compound Annual Growth Rate During the Next Decade
Europe is expected to lead regionally with ambitious regulations around near-zero net energy buildings
A new report from Navigant Research analyzes the global market for zero net energy (ZNE) homes, focusing on markets for new construction and renovations, multifamily and single-family housing types, and revenue associated with ZNE-enabling technologies.
ZNE homes represent a technology movement for offsetting a home’s consumption with renewable energy production. The nascent trend is gaining popularity among policymakers and in new construction and multifamily buildings where efficiency in building planning and economies of scale make it a cost-effective option for improving building efficiencies. Click to tweet: According to a new report from @NavigantRSRCH, the global ZNE housing stock is anticipated to increase from approximately 57,800 households in 2019 to 534,500 households in 2028, at a compound annual growth rate (CAGR) of 28.1%.
“Buildings, including homes, are a major priority for global policymakers and regulators addressing energy, carbon emissions, and sustainability concerns,” says Paige Leuschner, senior research analyst at Navigant Research. “The ZNE market can be a means to an end in achieving many sustainability goals.”
According to the report, Europe is expected to lead regional markets due to its ambitious regulations around near-ZNE buildings, with household stock likely annually increasing from 40,000 in 2019 to 223,000 in 2028 at a CAGR of 20.9%. This is expected to result in a cumulative ZNE building stock of 2.4 million homes in 2028.
The report, Zero Net Energy Homes, analyzes the global market for ZNEHs. It focuses on markets for new construction and renovations, multifamily and single-family housing types, and revenue associated with ZNE-enabling technologies. The study provides an analysis of key market drivers, policies, and trends, contrasting fundamental challenges and technology issues. Global market forecasts quantifying household growth and revenue extend through 2028. An Executive Summary of the report is available for free download on the Navigant Research website.
* The information contained in this press release concerning the report, Zero Net Energy Homes, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.