Nonresidential Green Buildings Market: Competitive Analysis, Market Trends and Forecast to 2031

Executive Summary

The Nonresidential Green Buildings market research report provides a comprehensive analysis of the current market conditions and trends within the industry. The report predicts that the Nonresidential Green Buildings Market is expected to grow at a CAGR of % during the forecasted period.

Market trends in the Nonresidential Green Buildings industry include a growing emphasis on sustainability and environmental consciousness, leading more companies to invest in green building practices. Additionally, government regulations and incentives promoting energy efficiency and eco-friendly construction are driving the growth of the market. The increasing awareness of the benefits of green buildings, such as cost savings, improved health, and productivity, is also contributing to the market expansion.

Geographically, the Nonresidential Green Buildings market is spread across North America, Asia Pacific (APAC), Europe, the United States, and China. North America is expected to dominate the market due to stringent environmental regulations and a strong focus on sustainability in the construction industry. APAC is also witnessing significant growth, driven by rapid urbanization and infrastructure development in countries like China and India. Europe is another key region, known for its advanced green building technologies and policies.

In summary, the Nonresidential Green Buildings market is experiencing steady growth globally, with key regions like North America, APAC, Europe, USA, and China driving market expansion. The increasing demand for sustainable, energy-efficient buildings is expected to fuel further growth in the market, with a projected CAGR of 6.9% during the forecasted period.

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Market Segmentation:

This Nonresidential Green Buildings Market is further classified into Overview, Deployment, Application, and Region.

In terms of Components, Nonresidential Green Buildings Market is segmented into:

Turner Corp
Clark Construction
AECOM
Swinerton
Hensel Phelps
Skanska
Whiting-Turner Contracting
Holder Construction
Webcor
Walsh Group
Gilbane Building
Suffolk Construction
Landlease

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The Nonresidential Green Buildings Market Analysis by types is segmented into:

Interior Products (Roofing and Flooring)
Exterior Products (Smart Lighting, HVAC Systems, etc.)

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The Nonresidential Green Buildings Market Industry Research by Application is segmented into:

Office
Education
Hotels and Restaurants
Healthcare
Others

In terms of Region, the Nonresidential Green Buildings Market Players available by Region are:

North America:

United States
Canada

Europe:

Germany
France
U.K.
Italy
Russia

Asia-Pacific:

China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia

Latin America:

Mexico
Brazil
Argentina Korea
Colombia

Middle East & Africa:

Turkey
Saudi
Arabia
UAE
Korea

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Key Drivers and Barriers in the Nonresidential Green Buildings Market

Key drivers in the nonresidential green buildings market include increasing demand for sustainable and energy-efficient buildings, government regulations promoting green building practices, and growing awareness among consumers and businesses about environmental conservation. Barriers to market growth include higher initial costs of green building construction, limited availability of skilled labor and materials, and lack of standardized green building certification processes.

Challenges faced in the market include convincing stakeholders of the long-term benefits of green buildings, overcoming resistance to change from traditional construction practices, and navigating complex regulatory frameworks. Additionally, the fragmented nature of the green building industry and inconsistent performance metrics make it difficult to assess and compare the sustainability of different projects.

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Competitive Landscape

One of the key players in the competitive nonresidential green buildings market is AECOM. AECOM is a multinational engineering firm that provides design, consulting, construction, and management services to various industries, including green building projects. The company has a strong reputation for sustainable and environmentally friendly building practices and has worked on numerous high-profile green building projects around the world. With a focus on innovation and sustainable development, AECOM has seen steady market growth in the nonresidential green buildings sector.

Another major player in the market is Skanska, a Swedish multinational construction and development company. Skanska has a strong commitment to sustainability and has been a leader in green building practices for many years. The company has a strong presence in the nonresidential green buildings market and has completed numerous LEED-certified projects. Skanska's reputation for quality and environmentally friendly construction has helped drive its market growth in this sector.

In terms of market size and sales revenue, companies like Turner Corp and Clark Construction are among the top players in the nonresidential green buildings market. Turner Corp, which is a subsidiary of the German construction company Hochtief, has reported annual sales revenue of over $10 billion in recent years. Clark Construction, one of the largest construction companies in the United States, has also reported significant sales revenue in the nonresidential green buildings sector. These companies have a strong track record of delivering high-quality green building projects and have contributed to the growth of the market.

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