Zero Energy Buildings Market: Analysis, Trends, Recent Developments, and Forecast Till 2027
Zero energy buildings are buildings that offset their consumption of conventional energy through energy saving measures and on-site generation of renewable energy. This includes the use of smart HVAC, lighting, and other appliances to make sure the energy consumption is valid and reasonable. The development of smart HVAC and lighting technology, within the larger aegis of smart home technology, has been a major driver for the zero energy buildings market. As consumers have become more and more aware of the benefits of smart home technology, electronics manufacturers have come up with more and more technological solutions to cater to the growing demand. The growing consumer awareness about smart home technology is likely to lead to more development in the field in the coming years, leading to growing demand from the zero energy buildings market over the forecast period. The global Zero Energy Buildings Market is expected to exhibit a strong 31.67% CAGR over the f...