European Spending on Energy Efficient Building Technologies to Near $112 Billion in 2026


Reading time ( words)

A new report from Navigant Research examines the European market for energy efficient building technologies, providing market forecasts through 2026, segmented by commercial building type and new construction or retrofit spending.

Advancements in intelligent building technologies are evolving toward an integrated ecosystem of components and sensors that work together as a platform for optimizing facility operations. Making use of these advancements will be key for Europe to maintain efficiencies already gained, while discovering deeper efficiencies necessary to meet lofty future goals. According to a new report from @NavigantRSRCH, energy efficient building technology spending in Western and Eastern Europe is expected to grow from $83.5 billion in 2017 to $111.9 billion in 2026.

“Europe has been a global leader in sustainability legislation and initiatives, with commercial buildings playing an essential role in meeting ambitious targets set for 2020,” says Tom Machinchick, principal research analyst at Navigant Research. “Intelligent digital building technologies will be necessary for Europe to continue toward its long-term goals of significantly increasing efficiency while reducing overall carbon emissions. A certain level of efficiency can be attained with relative ease, but as future efficiency targets get deeper, so must the building efficiency projects and the technologies that support those efforts.”

Western European countries have exhibited significant commitment to energy- and emissions-related goals, including through legislation such as the Energy Performance of Buildings Directive (EPBD) and the Energy Efficiency Directive (EED), which will play a leading role in helping the EU to realize deeper building efficiency while retaining gains. Meanwhile, energy efficiency priorities in Eastern Europe often lie in the more unreliable and inefficient energy infrastructure versus in buildings, yet interest in developing more robust mechanisms to facilitate building efficiency in the region is building.

Share


Suggested Items

DARPA's Hallmark Seeks to Revolutionize U.S. Space Enterprise Command and Control

01/11/2018 | DARPA
The growing complexity of space operations coupled with an increased need for timely decisions demands innovative approaches to battle management command and control (BMC2) technologies.

What’s Coming in 3D Printing Technology in 2018

12/27/2017 | Cullen Hilkene, 3Diligent
First, the arrival of extrusion metal printing. Today's extrusion printers are the most prevalent and, arguably, user-friendly 3D Printers in the market. Now, after years of there being zero metal extrusion printers, there will be two in the new year from Desktop Metal and Markforged. These technologies promise new materials and a higher degree of user friendliness for metal printing.

OFFSET 'Sprinters' Encouraged to Share Innovative Ideas for Swarm Systems

10/16/2017 | DARPA
DARPA’s OFFensive Swarm-Enabled Tactics (OFFSET) program envisions future small-unit infantry forces using small unmanned aircraft systems (UASs) and/or small unmanned ground systems (UGSs) in swarms of 250 robots or more to accomplish diverse missions in complex urban environments.



Copyright © 2018 I-Connect007. All rights reserved.