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Buildings are becoming more energy-intensive and with features like electric vehicle charging adding to the existing load, the need to reduce energy consumption acquires an even greater importance. Energy saving and performance contracting (ESPC) is one way to achieve energy efficiency. In that sense, North America has been the second-largest marke...

The North American energy management systems market is driven by rising energy costs, greater demand for energy efficiency, and North American government regulations and legislation. The research service has two segments—building energy management systems (BEMS) and home energy management systems (HEMS). BEMS is the larger product segment, while HE...

28 Jun 2018  |  North America  |  Market Research

North American Energy Saving and Performance Contracting Market, Forecast to 2024

HVAC and Lighting Will Be the Primary Pillars of the Market by 2024

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The North American energy saving and performance contracting market is currently in the growth stage and is expected to witness healthy growth between 2017 and 2024. The market is expected to grow at a CAGR of 7.34% between 2017 and 2024. A high rate of growth is due to the government support and policy initiatives toward energy performance contrac...

16 Jun 2021  |  North America  |  Market Research

North American Energy Saving and Performance Contracting Growth Opportunities

Post-Pandemic Strategies Focus on Industry Convergence that Offers Building Owners Energy Efficiency and Cost Reduction

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This research service analyzes the North American energy saving and performance contracting (ESPC) market. The ESPC market covers services such as energy audits; design and engineering; assistance in finance, equipment bidding, and acquisition; installation and commissioning; measurement and verification (M&V); and personnel training. Frost & Sul...

10 May 2016  |  North America  |  Market Research

North American Energy Saving and Performance Contracting Market, Forecast to 2022

Growth Boost from Executive Orders (EOs) 13514 and 13693 in the USA and ecoEnergy Program in Canada Encouraging Energy-efficiency

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The market for energy saving contract and performance contracting in North America is expected to grow after 2015 due to policy initiatives towards performance contracting in both Canada and the United States. The United States accounts for a larger share in the market. This research service can be broadly segmented by type of contract namely energ...

The North American HVAC equipment market is experiencing sustained growth, driven by the electrification trend, refrigerant transition, and tightening energy efficiency requirements. With a market value of $60.02 billion in 2025, HVAC equipment revenue is forecast to reach $90.14 billion by 2031, reflecting a 7.0% CAGR amid intensifying regulatory ...

The possibility of generating energy through landfill gas is an opportunity that has been gaining momentum in recent years. In 2018, the United States generated 292.4 million tons of waste, 146.1 million tons of which was sent to landfills. These landfills are one of the main emitters of methane in the country, a greenhouse gas with a much higher h...

The COVID-19 pandemic accelerated digitalization in buildings. Driven by increasing demand for energy-efficient and sustainable buildings, the global Internet of Things (IoT) and artificial intelligence (AI)-based building automation systems (BAS) market is rapidly growing and holds the key to optimizing building performance, reducing energy consum...

This research is primarily driven by the energy savings that can be achieved by upgrading to high-efficiency products and equipment replacements. This research service provides an in-depth analysis of the North American HVAC equipment market. It is segmented into unitary equipment, applied systems, and chillers. It provides revenue forecasts for th...