“A robust market is emerging despite the fact that no country will meet its 2017 targets for nNZEBs, on account of uncertain implementation plans of ambitious policy targets in the European Union and select countries in the Asia-Pacific region,” said Aditya Ranade, Lux Research Senior Analyst and the lead author of the report titled, “Getting to Nearly-Zero Energy Buildings: Ambitious Targets, Modest Progress.”
Lux Research analysts surveyed the global market, tracked 391 NZEB projects, and assessed key enabling technologies in order to identify drivers and project the market size for building envelope materials over the next five years. Among their findings:
Europe leads now, but Asia-Pacific will catch up in 2017. Europe will garner a whopping 61% share of the energy-saving building envelope materials market. However, Asia-Pacific’s share of annual nNZEB installations will rise from 23% in 2012 to 39% in 2017 due to higher rates of new construction.
A few technologies will dominate materials markets in the near term. High-R value glazing and daylighting skylights together will account for 86%, or $14.2 billion, of the total market for building envelope materials. High-R value glazing alone will be worth $8.2 billion.
Commercial, institutional buildings dominate. Of the total NZEB floor space, 93% is commercial and institutional buildings. However, in the number of projects, the residential segment fares a bit better, with a 35% market share.