Energy Retrofit System Market Report: Trends, Forecast and Competitive Analysis to 2030

Energy Retrofit System Trends and Forecast

The future of the global energy retrofit system market looks promising with opportunities in the residential and non-residential markets. The global energy retrofit system market is expected to grow with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increasing concerns about greenhouse gas emissions and growing deployment of HVAC appliances across numerous industries.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Energy Retrofit System by Segment

The study includes a forecast for the global energy retrofit system by product, application, and region.

Energy Retrofit System Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Envelope
• LED Retrofit Lighting
• HVAC Retrofit
• Appliances

Energy Retrofit System Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Residential
• Non-Residential
• Others

Energy Retrofit System Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Energy Retrofit System Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies energy retrofit system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the energy retrofit system companies profiled in this report include-

• DAIKIN INDUSTRIES
• Ameresco
• Eaton
• AECOM
• Johnson Controls
• Orion Energy Systems
• Siemens

Energy Retrofit System Market Insights

Lucintel forecasts that envelope will remain the largest segment over the forecast period.

Within this market, non-residential will remain larger segment over the forecast period.

Europe will remain the largest region over the forecast period.

Features of the Global Energy Retrofit System Market

Market Size Estimates: Energy retrofit system market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Energy retrofit system market size by product, application, and region in terms of value ($B).

Regional Analysis: Energy retrofit system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the energy retrofit system market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the energy retrofit system market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for energy retrofit system market?

Answer: The global energy retrofit system market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the energy retrofit system market?

Answer: The major drivers for this market are increasing concerns about greenhouse gas emissions and growing deployment of HVAC appliances across numerous industries.

Q3. What are the major segments for energy retrofit system market?

Answer: The future of the energy retrofit system market looks promising with opportunities in the residential and non-residential markets.

Q4. Who are the key energy retrofit system market companies?

Answer: Some of the key energy retrofit system companies are as follows:

• DAIKIN INDUSTRIES
• Ameresco
• Eaton
• AECOM
• Johnson Controls
• Orion Energy Systems
• Siemens

Q5. Which energy retrofit system market segment will be the largest in future?

Answer: Lucintel forecasts that envelope will remain the largest segment over the forecast period.

Q6. In energy retrofit system market, which region is expected to be the largest in next 5 years?

Answer: Europe will remain the largest region over the forecast period.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the energy retrofit system market by product (envelope, LED Retrofit Lighting, HVAC retrofit, and appliances), application (residential, non-residential, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?