United States Green Buildings Market Size, Share and Growth Analysis Report: Forecast Trends and Outlook 2024-2032

United States Green Buildings Market Outlook

The surge in the construction of green buildings to minimise the environmental impact associated with building construction is one of the major factors influencing the growth of the United States green buildings market. Green buildings are usually equipped with renewable energy sources such as solar panels as well as energy-efficient lighting and HVAC systems.

As per the data by the U.S. Green Building Council (USGBC), New York state ranked first in the annual ranking of LEED (Leadership in Energy and Environmental Design) as it had around 201 new LEED-certified projects in 2023, with a total area of 93 million square feet, which contributes to the market share. The second state in the ranking was Illinois, followed by Massachusetts and Washington.

United States Green Buildings Market Growth is Driven by Favourable Government Initiatives in the Far West Region

• The Far West region is expected to lead with the highest CAGR of 10.2%, driven by robust governmental initiatives and a strong emphasis on sustainability and energy efficiency in construction projects. 
• As per the United States green buildings industry analysis, the Rocky Mountain region follows with a CAGR of 9.5%, supported by increasing investments in eco-friendly building practices. 
• The Southwest, with a CAGR of 9.1%, benefits from rapid urbanization and the growing adoption of green building certifications. 
• The Southeast, growing at a CAGR of 8.7%, shows significant growth due to rising awareness and incentives for sustainable construction. 
• New England and the Mideast regions exhibit moderate growth with CAGRs of 8.2% and 7.6%, respectively and boost United States green buildings demand, reflecting their established markets with steady demand for green buildings. 
• The Plains and Great Lakes regions, with CAGRs of 7.0% and 6.6%, respectively, experience slower growth due to smaller market sizes and less aggressive adoption of green building standards.

One of the Prominent United States Green Buildings Market Trends is Rising Demand for Eco-Friendly Homes

• By Building Type, residential buildings are expected to experience the highest growth, with a CAGR of 9.9%, driven by increasing consumer demand for eco-friendly homes and supportive government policies. 
• Commercial buildings follow with a CAGR of 9.4%, reflecting the growing emphasis on sustainability in corporate and retail spaces. 
• Institutional buildings, with a CAGR of 9.0% fuel the demand of United States green buildings market. They are gaining traction as educational and healthcare facilities increasingly adopt green practices. Industrial buildings, growing at a CAGR of 8.4%, are supported by the need for energy efficiency and sustainable operations in manufacturing and logistics. 
• The 'Others' category, with a CAGR of 7.9%, includes various additional building types, contributing to overall market growth at a slower pace.

Rising Implementation of LEED Certification Fuels the United States Green Buildings Market Share

• By Certification, LEED certification is projected to lead with a CAGR of 9.9%, driven by its widespread recognition and adoption across various building types. 
• Energy Star certification follows with a CAGR of 9.4%, reflecting its strong association with energy efficiency and government-backed initiatives. 
• Breeam, with a CAGR of 9.0%, is gaining popularity for its comprehensive approach to sustainability. 
• As per the United States green buildings market dynamics and trends, Green Globes, growing at a CAGR of 8.4%, offers an alternative certification with a focus on flexibility and user-friendly assessment. 
• The 'Others' category, with a CAGR of 7.9%, includes various additional certifications that contribute to the overall expansion of the market.

Key Questions Answered in This Report:

• How has the United States green buildings market performed historically, and what are the growth expectations for the future?
• What are the primary factors influencing demand and growth in the United States green buildings market?
• What are the key segments within the United States green buildings market, and how are they expected to evolve over the forecast period?
• What are the major challenges and opportunities facing stakeholders in the United States green buildings market?
• Who are the key players in the United States green buildings market, and what strategies are they employing to maintain a competitive edge?
• What are the regulatory and policy factors influencing the United States green buildings market globally or regionally?
• How competitive is the United States green buildings market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
• What are the current trends shaping the United States green buildings market landscape, and how are they expected to evolve in the future?
• How are technological advancements impacting the United States green buildings market, and what role do innovation and R&D play in driving growth?
• What are the consumer preferences and buying behavior trends influencing the United States green buildings market?
• How sustainable are current growth rates in the United States green buildings market, and what factors could potentially disrupt these trends?
• What are the regional dynamics within the United States green buildings market, and how do they contribute to overall market growth?
• What are the economic factors influencing the United States green buildings market, such as GDP growth, inflation rates, and currency fluctuations?
• How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States green buildings market?
• What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States green buildings market?
• What are the regulatory and legal frameworks impacting the United States green buildings market globally or in key regions?
• How are changing consumer lifestyles and preferences influencing product or service demand within the United States green buildings market?
• What are the emerging market trends and niche opportunities within the United States green buildings market that stakeholders should be aware of?
• How resilient is the United States green buildings market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
• What are the potential barriers to market entry and growth for new players in the United States green buildings market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States green buildings market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States green buildings industry.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States green buildings market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States green buildings market landscape.