North America is Expected to Lead the Zero Net Energy Homes Market from 2015 to 2025, According to Navigant Research
A recent report from Navigant Research analyzes the market for zero net energy homes (ZNEHs), including the zero net energy (ZNE), near-ZNE, and ZNE-ready segments, with global forecasts for units and revenue, through 2025.
Although still nascent, the market for ZNEHs is expected to be led by new construction in North America. Other countries in select regions, such as Europe and Asia Pacific, are also beginning to follow suit with ZNE initiatives and energy efficient building codes. Click to tweet: According to a recent report from @NavigantRSRCH, North America is expected to lead the ZNEH market from 2015 to 2025.
“California is leading the drive toward ZNEHs worldwide with its goal of 100% of newly constructed homes to be ZNE beginning in 2020,” says Neil Strother, principal research analyst with Navigant Research. “However, other states are also beginning to take small steps toward residential energy efficiency and ZNEHs.”
Though Europe and Asia Pacific represent a much smaller portion of the nascent market over the forecast period, both regions are expected grow quickly, according to the report. ZNEH units in Europe, for instance, are expected to grow from 185 in 2015 to more than 1,500 in 2025 at a CAGR of 23.4 percent.
The report, Market Data: Zero Net Energy Homes, examines the global market for ZNEHs in three categories: ZNE, near-ZNE, and ZNE-ready. The study provides an analysis of the drivers and barriers of the ZNEH market and highlights several case studies. Global market forecasts for units and revenue, segmented by category and region, extend through 2025. The report also provides distinct market definitions for the different categories and examines the key regional market trends related to ZNEHs.