Low Carbon Building Market is segmented By Type (Energy-Efficient Materials, Renewable Energy Systems, Low Carbon HVAC Systems, Green Building Certifi....
Market Size in USD
CAGR11.8%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 11.8% |
Market Concentration | High |
Major Players | Siemens AG, Honeywell International Inc., Johnson Controls International plc, Schneider Electric SE, Trane Technologies plc |
The low carbon building market is estimated to be valued at USD 654.84 Bn in 2024 and is expected to reach USD 1,720.5 Bn by 2031, growing at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031. The low carbon building market is driven by the need for renewable energy solutions and efforts to reduce greenhouse gas emissions from the building sector.