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Meticulous Research®—a leading global market research company, published a report titled ‘Healthy Buildings Market—Global Opportunity Analysis and Industry Forecast (2024-2031)’. According to this latest publication, the healthy buildings market is expected to reach $71.5 billion by 2031, at a CAGR of 4.9% from 2024 to 2031.
Rising concerns about air quality, wellness, and mental well-being in indoor environments and rapid urbanization in emerging countries are driving market growth. However, market growth is restrained by the high cost of implementation.
In addition, the increasing patient-centered designs and technologies in healthcare facilities and construction companies increasingly seeking green building certifications for sustainability and building health are considerable potential opportunities for market players. The market faces substantial challenges, including integration with existing systems. However, the integration of IoT and AI in building management, rising green city projects, and the shift towards green and smart buildings are prominent technology trends in the healthy buildings market.
Key Players:
The healthy buildings market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the healthy buildings market are Honeywell International Inc. (U.S.), DAIKIN Airconditioning (Singapore) Pte Ltd. (A Subsidiary of Daikin Industries, Ltd.) (Singapore), Johnson Controls International plc (Ireland), Schneider Electric SE (France), Siemens Corporation (Germany), Bosch Sicherheitssysteme GmbH (Germany), Delta Electronics, Inc. (Taiwan), Automated Logic Corporation (A Subsidiary of Carrier Global Corporation) (U.S.), Buildings IOT (U.S.), UL Solutions Inc. (U.S.), 9 Foundations, Inc. (U.S.), Allegion Plc. (Ireland), Kaiterra (Switzerland), and BuildingLogiX (U.S.).
The healthy buildings market is segmented based on offering and end user. The report also evaluates industry competitors and analyzes the healthy buildings market at the regional and country levels.
Among the offerings studied in this report, the solutions & tools segment is anticipated to hold the dominant position, with a large share of the healthy buildings market in 2024. The growth of healthy building tools focused on improving energy efficiency, lowering operational costs, and reducing environmental impact, along with the rising adoption of air quality solutions to monitor indoor air quality. The increasing use of eco-friendly materials to minimize environmental harm and enhance indoor health are factors supporting the segment’s dominant position in the healthy buildings market.
Among the end users studied in this report, the commercial segment is anticipated to hold the dominant position, with a share of 43.0% of the market in 2024. The increasing adoption of advanced ventilation systems in commercial spaces to reduce airborne pollutants and allergens, creating healthier work environments, alongside the growing use of healthy building solutions in educational facilities to enhance student engagement, retention, and academic performance, are factors supporting the segment's dominant position in the healthy buildings market.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Netherlands, Sweden, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Singapore, Australia & New Zealand, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa (UAE, Saudi Arabia, Israel, and Rest of Middle East & Africa).
Among the geographies studied in this report, North America is anticipated to hold the dominant position, with a share of 38.0% of the market in 2024. The rise in the adoption of technologies such as UV air purification and filtration systems to improve indoor air quality, coupled with robust government regulations and incentives promoting the implementation of healthy building practices, are factors supporting the segment’s dominant position in the healthy buildings market.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6010
Key Questions Answered in the Report-
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