Building Retrofitting Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032-2027 Segmented By Building Type (Residential, Non-Residential), By Type (Retrofitting of Reinforced Concrete Structure, Retrofitting of Masonry Structure, Others), By Method (New Shear Wall, Wall Thickening, Jacketing Method, Epoxy Injection, Others), and By Region

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Infrastructure | Format: Report available in PDF / Excel Format

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Building Retrofitting Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032-2027 Segmented By Building Type (Residential, Non-Residential), By Type (Retrofitting of Reinforced Concrete Structure, Retrofitting of Masonry Structure, Others), By Method (New Shear Wall, Wall Thickening, Jacketing Method, Epoxy Injection, Others), and By Region

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The market is projected to grow from USD 182.99 billion in 2024 to USD 234.96 billion by 2032 at a CAGR of 3.17% over the forecast period (2024-2032). Energy retrofitting of a building represents the upgrading of energy systems to improve system efficiency and reduce energy consumption.

The global building retrofitting market is anticipated to register an impressive CAGR in the forecast period, 2023-2027. Factors such as the dependance of the construction industry on energy and the continuous growth of the construction industry are primarily driving the demand for the global building retrofitting market. Also, the growing focus of government authorities on promoting sustainable activities and energy efficiency and the emergence of new market players is expected to propel the demand for the global building retrofitting market over the next five years.

Growing Importance of Effective Energy Utilization in Buildings Drives the Market Demand

The ongoing construction activities use advanced materials, equipment, and technologies to strengthen and stabilize the buildings. The new buildings are built with modern construction materials, which increases the life of the buildings. Currently, the massive number of buildings present around the world are expected to last for another 30 years. The construction industry accounts for about half of the energy usage worldwide. Building retrofitting offers the opportunity to install distributed energy generation in the building. It upgrades the energy performance of any commercial building assets, increases energy efficiency, and reduces energy bills. Building retrofitting is considered beneficial both for the building owner and the resident. The building owner can improve the performance of the commercial buildings and provide an enhanced living experience to the building owners. While the residents can significantly lower their money spent on energy expenditure. Also, the government of several countries is encouraging the adoption of energy efficiency measures which is expected to fuel the demand for building retrofitting systems across the globe in the coming years.

Supportive Government Policies Expected to Boost the Market Demand

Building retrofitting systems are used in commercial and residential buildings to lower energy usage and save around 10-40% of the energy consumed by buildings. This is the major reason building retrofitting systems are promoted by the government bodies, financial institutions, and policy framework models to cover more buildings with retrofitting and increase the life and energy efficiency of the building. Such as, in the Netherlands, the government has implemented strict regulations to make it necessary for the office buildings to meet the building performance level C in 2023 and performance level A by 2030. Also, the EU emission trading provides funds or revenue to encourage investments in building retrofit systems which are expected to propel the demand for the global building retrofitting market over the next five years.

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Market Segmentation

The global building retrofitting market is segmented into building type, type, method, regional distribution, and competitive landscape. Based on building type, the market is bifurcated into residential and non-residential. Based on type, the market is divided into retrofitting of reinforced concrete structure, retrofitting of masonry structure, and others. Based on method, the market is divided into new shear wall, wall thickening, jacketing method, epoxy injection, and others. To analyze the market based on the region, the global building retrofitting market is studied in major regions namely North America, Asia-pacific, Europe & CIS, South America, Middle East and Africa. In terms of country, the United States is anticipated to hold a significant market share in the forecast period due to the growing focus of the government on energy efficiency and awareness about the advantages of building retrofitting programs

Market Players

ARUP, Integrated Environmental, Q-BOT, Inovues, SGS, Ventive Limited, Project Drawdown, and TerOpta Limited, are the major market players operating in the global building retrofitting market.

Attribute

Details

Base Year

2024-2032

Historic Data

2024-2032 – 2024-2032

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2024-2032-2024-2032 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Building Type

·         Type

·          Method

Regional scope

North America; Asia Pacific; Europe; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China, India, Japan, Thailand, Indonesia, Australia, South Korea; Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland; Brazil, Argentina; Saudi Arabia, Iran, Israel, UAE, Turkey

Key companies profiled

ARUP, Integrated Environmental, Q-BOT, Inovues, SGS, Ventive Limited, Project Drawdown, TerOpta Limited

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope

In this report, global building retrofitting market has been segmented into following categories, in addition to the industry trends which have also been detailed below

Building Retrofitting Market, By Building Type
Residential
Non-Residential
Building Retrofitting Market, By Type
Retrofitting of Reinforced Concrete Structure
Retrofitting of Masonry Structure, Others
Building Retrofitting Market, By Method
New Shear Wall
Wall Thickening
Jacketing Method
Epoxy Injection
Others
Building Retrofitting Market, By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Singapore
Malaysia
Europe
Germany
France
United Kingdom
Spain
Italy
Poland
Denmark
South America
Brazil
Argentina
Columbia
Peru
Chile
Middle East & Africa
South Africa
UAE
Iraq
Turkey


 

Table of Content

Table of content
1.     Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Building Retrofitting Market

4.    Executive Summary

5.    Voice of Customers

5.1.1.     Brand Awareness

5.1.2.     Factors Considered while Selecting a Vendor

5.1.3.     Key Satisfaction Level

5.1.4.     Major Challenges Faced

6.    Global Building Retrofitting Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Building Type (Residential, Non-Residential)

6.2.2.     By Type (Retrofitting of Reinforced Concrete Structure, Retrofitting of Masonry Structure, Others)

6.2.3.     By Method (New Shear Wall, Wall Thickening, Jacketing Method, Epoxy Injection, Others)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Product Market Map

7.    North America Building Retrofitting Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Building Type

7.2.2.     By Type

7.2.3.     By Method

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Building Retrofitting Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Building Type

7.3.1.2.2.             By Type

7.3.1.2.3.             By Method

7.3.2.     Canada Building Retrofitting Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Building Type

7.3.2.2.2.             By Type

7.3.2.2.3.             By Method

7.3.3.     Mexico Building Retrofitting Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Building Type

7.3.3.2.2.             By Type

7.3.3.2.3.             By Method

8.    Asia-Pacific Building Retrofitting Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Building Type

8.2.2.     By Type

8.2.3.     By Method

8.2.4.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Building Retrofitting Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Building Type

8.3.1.2.2.             By Type

8.3.1.2.3.             By Method

8.3.2.     India Building Retrofitting Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Building Type

8.3.2.2.2.             By Type

8.3.2.2.3.             By Method

8.3.3.     Japan Building Retrofitting Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Building Type

8.3.3.2.2.             By Type

8.3.3.2.3.             By Method

8.3.4.     South Korea Building Retrofitting Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Building Type

8.3.4.2.2.             By Type

8.3.4.2.3.             By Method

8.3.5.     Australia Building Retrofitting Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Building Type

8.3.5.2.2.             By Type

8.3.5.2.3.             By Method

8.3.6.     Singapore Building Retrofitting Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Building Type

8.3.6.2.2.             By Type

8.3.6.2.3.             By Method

8.3.7.     Malaysia Building Retrofitting Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Building Type

8.3.7.2.2.             By Type

8.3.7.2.3.             By Method

9.    Europe Building Retrofitting Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Building Type

9.2.2.     By Type

9.2.3.     By Method

9.2.4.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Building Retrofitting Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Building Type

9.3.1.2.2.             By Type

9.3.1.2.3.             By Method

9.3.2.     United Kingdom Building Retrofitting Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Building Type

9.3.2.2.2.             By Type

9.3.2.2.3.             By Method

9.3.3.     France Building Retrofitting Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Building Type

9.3.3.2.2.             By Type

9.3.3.2.3.             By Method

9.3.4.     Italy Building Retrofitting Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Building Type

9.3.4.2.2.             By Type

9.3.4.2.3.             By Method

9.3.5.     Spain Building Retrofitting Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Building Type

9.3.5.2.2.             By Type

9.3.5.2.3.             By Method

9.3.6.     Poland Building Retrofitting Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Building Type

9.3.6.2.2.             By Type

9.3.6.2.3.             By Method

9.3.7.     Denmark Building Retrofitting Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Building Type

9.3.7.2.2.             By Type

9.3.7.2.3.             By Method

10.  South America Building Retrofitting Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Building Type

10.2.2.  By Type

10.2.3.  By Method

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Building Retrofitting Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Building Type

10.3.1.2.2.           By Type

10.3.1.2.3.           By Method

10.3.2.  Argentina Building Retrofitting Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Building Type

10.3.2.2.2.           By Type

10.3.2.2.3.           By Method

10.3.3.  Colombia Building Retrofitting Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Building Type

10.3.3.2.2.           By Type

10.3.3.2.3.           By Method

10.3.4.  Peru Building Retrofitting Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Building Type

10.3.4.2.2.           By Type

10.3.4.2.3.           By Method

10.3.5.  Chile Building Retrofitting Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value 

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Building Type

10.3.5.2.2.           By Type

10.3.5.2.3.           By Method

11.  Middle East & Africa Building Retrofitting Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Building Type

11.2.2.  By Type

11.2.3.  By Method

11.2.4.  By Country

11.3.              South America: Country Analysis

11.3.1.  Middle East & Africa Building Retrofitting Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Building Type

11.3.1.2.2.           By Type

11.3.1.2.3.           By Method

11.3.2.  South Africa Building Retrofitting Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Building Type

11.3.2.2.2.           By Type

11.3.2.2.3.           By Method

11.3.3.  UAE Building Retrofitting Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Building Type

11.3.3.2.2.           By Type

11.3.3.2.3.           By Method

11.3.4.  Iraq Building Retrofitting Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Building Type

11.3.4.2.2.           By Type

11.3.4.2.3.           By Method

11.3.5.  Turkey Building Retrofitting Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value 

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Building Type

11.3.5.2.2.           By Type

11.3.5.2.3.           By Method

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Company Profiles

14.1.  ARUP

14.2.  Integrated Environmental

14.3.  Q-BOT

14.4.  Inovues

14.5.  SGS

14.6.  Ventive Limited

14.7.  Project Drawdown

14.8.  TerOpta Limited

15.  Strategic Recommendations


 

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