Building Retrofitting Market Forecast 2027: Projected Growth and Opportunities

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Building Retrofitting Market Forecast 2027
Projected Growth and Opportunities
The global building retrofitting market is
expected to experience steady growth from 2023
to 2027, according to a report by TechSci
Research titled "Building Retrofitting Market -
Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2017-2027". The primary drivers of
this growth are increasing concerns about
greenhouse emissions and stringent regulations
aimed at reducing the environmental carbon
footprint. Additionally, the market is being
driven by the growing adoption of HVAC appliances
in buildings, which have an average lifespan of
about 25 years and need to be replaced after this
period to maintain high performance. Market
players are investing heavily in research and
development to create retrofit systems with
higher performance capabilities. Building
retrofitting involves changing a building's
structure or system after its initial
construction to improve its performance and
amenities for occupants.
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• Buildings consume a significant amount of energy,
  and energy efficiency is a market trend that
  promotes social, economic, and environmentally-fri
  endly development. The demand for building
  retrofitting systems is expected to be fueled by
  the need to promote long-term sustainability and
  reduce energy shortages.
• Despite these factors, the global building
  retrofitting market may be restrained by a lack
  of awareness about the benefits of retrofit
  systems and inadequate infrastructure during the
  forecast period.
• Browse over XX market data Figures spread through
  110 Pages and an in-depth TOC on "Building
  Retrofitting Market" - https//www.techsciresearc
  h.com/report/building-retrofitting-
  market/12925.html
• The global building retrofitting market, which is
  divided into building type, type, method,
  regional distribution, and competitive landscape,
  is expected to witness significant growth in the
  forecast period of 2023-2027. The residential
  sector is anticipated to account for a
  substantial market share during this period.
  Retrofit systems are commonly installed in
  existing residential buildings to enhance their
  energy efficiency, and government organizations
  are increasingly focusing on retrofitting
  buildings to improve energy efficiency and
  affordability. The European Union has set energy
  efficiency policies and long- term investment
  strategies to renovate the residential sector by
  2050, which is expected to further drive the
  growth of the global building retrofitting
  market. Additionally, the retrofitting of
  reinforced concrete structures is projected to
  hold the largest market share in the forecast
  period, as they are widely adopted to increase
  the life and energy-saving capability of
  buildings.
• Major market players operating in the global
  building retrofitting market are
• ARUP
• Integrated Environmental
• Q-BOT
• Inovues
• SGS
• Ventive Limited
• Project Drawdown

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• TerOpta Limited
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• North America holds a dominant market share and
  is expected to maintain its dominance throughout
  the forecast period, 2023-2027. Government is
  highly aware of the benefits of building
  retrofitting systems and encourages the
  residents to install them in their buildings.
  Such as, The Property Assessed Clean Energy
  (PACE) initiative by the United States government
  to finance energy efficiency and renewable
  energy upgrades in the building and the US
  Department of Energys (DOE) Building America
  program is other program supporting energy
  efficiency across the country. Also, the rise in
  the number of market players and adoption of
  attractive marketing strategies by the market
  players, such as using online sales channels to
  advertise and create consumers awareness, is
  expected to propel the global building
  retrofitting market growth till 2027 said Mr.
  Karan Chechi, Research Director with TechSci
  Research, a research based global management
  consulting firm.
• Building Retrofitting Market - Global Industry
  Size, Share, Trends, Opportunity, and Forecast,
  2017-2027 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, has evaluated the future growth
  potential of global building retrofitting market
  and provides statistics information on market
  size, structure, and future market growth. The
  report intends to provide cutting- edge market
  intelligence and help decision makers take sound
  investment decisions. Besides, the report also
  identifies and analyzes the emerging trends
  along with essential drivers, challenges, and
  opportunities in global building retrofitting
  market.
• Download Free Sample Report - https//www.techscir
  esearch.com/sample- report.aspx?cid12925
• About TechSci Research
• TechSci Research is a research based management
  consulting firm providing market research and
  advisory solutions to its customers worldwide,
  spanning a range of industries. TechSci
  Researchs core values are value, integrity and

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