A new market study about energy efficiency retrofits in commercial buildings by 2020
Posting Date | 31 July 2012
According to the market research and consulting firm Pike Research, the global market for energy efficiency retrofits in commercial buildings will nearly double by 2020, expanding from $80.3 billion in 2011 to $151.8 billion by 2020. Pike Research’s report, “Energy Efficiency Retrofits for Commercial and Public Buildings”, says that Western Europe will remain the largest market for energy efficiency retrofits in commercial and public buildings, even if its share will drop from 41% in 2011 to 37% in 2020. Asia Pacific, which represented 32% of the revenue stream in 2011, would increase to 36% by 2020 and North America would more than double, increasing to $35.3 billion by 2020.
Source Languages | English