Green building market expanding

Reduced costs are a key reason for the expansion of green building market, which is expected to remain steady up to 2016.

09/21/2011


According to a report by www.companiesandmarkets.com, the green building market is expanding thanks to reduced costs over the last several years. In particular, the cost reduction benefits for building automation and control systems are encouraging growth in the market. Two of the key reasons for this growth, according to the report, are safety and convenience. The growth is expected to be steady through 2016, which is how far the projections stretch out to. The ability to integrate green design into older systems is a key advantage and, coupled with the reduced costs thanks to advancements in R+D, is why the market will continue to grow.

- Edited by Chris Vavra, Consulting-Specifying Engineer, www.csemag.com 



No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
Solving HVAC challenges; Thermal comfort criteria; Liquid-immersion cooling; Specifying VRF systems; 2016 Product of the Year winners
MEP Giants; MEP Annual Report; Mergers and acquisitions; Passive, active fire protection; LED retrofits; HVAC energy efficiency
Integrating electrical and HVAC systems; Tracking and conserving facility water use; Energy code advancements; The future of professional engineers
Driving motor efficiency; Preventing Arc Flash in mission critical facilities; Integrating alternative power and existing electrical systems
Putting COPS into context; Designing medium-voltage electrical systems; Planning and designing resilient, efficient data centers; The nine steps of designing generator fuel systems
Designing generator systems; Using online commissioning tools; Selective coordination best practices
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.
click me