Global energy retrofit system market is expected to grow at a significant rate during the forecast period on account of rise in consumer preference shift towards adoption of renewable energy sources. Also, the benefits of reduction in electricity bills and lower per capita carbon emission contribution to the environment are the other two significant factors aiding in the growth of the global energy retrofit system market. Increase in demand for HVAC systems in residential as well as commercial sectors is on rise and shelf life of these electrical appliances is average and need continuous upgradation to maintain output efficiency. Integration of energy retrofit systems with existing appliances helps in reducing electricity bills. Rapid urbanization and industrialization observed around the globe is creating lucrative opportunities for the growth of the energy retrofit systems. Expensive nature of conventional fuel and high-energy consumption by end uses creates lucrative opportunities for the growth of the global energy retrofit system market.

Global energy retrofit system market is segmented into based on product, application, technology, region, and company. Based on regional analysis, North America is expected to hold major market share in global energy retrofit system owing to the awareness for energy conservation and policies regarding emission controls and adoption of cleaner energy. Asia-Pacific is expected to witness fastest incremental growth during the next five years, on account of stringent government policies and incentives to encourage adoption of environment-friendly energy in China is a major factor for growth of the global retrofit system market. Increase in construction activities instilled with three-star rating systems and replacement of the existing system with new energy efficient system is another factor for the market growth. Cheaper infrastructure and lower cost are the other factors boosting the growth of the global energy retrofit system.

The major players operating in the global energy retrofit system market are Daikin Industries, Ltd., Orion Energy Systems, Inc., Siemens Building Technology, E.ON Energy Services, Ameresco, Inc., Energy Retrofit Co., Eaton Corporation, AECOM Energy, Johnson Controls International plc, Chevron Corporation, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze and estimate the market size of global energy retrofit system market from 2016 to 2019.
  • To estimate and forecast the market size of global energy retrofit system from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast global energy retrofit system based on product, application, technology, region, and company.
  • To identify dominant region or segment in the global energy retrofit system.
  • To identify drivers and challenges for global energy retrofit system.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global energy retrofit system.
  • To identify and analyze the profile of leading players operating in global energy retrofit system.
  • To identify key sustainable strategies adopted by market players in global energy retrofit system market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global energy retrofit system market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Energy retrofit system manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to mining equipment

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global energy retrofit system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global Energy Retrofit System Market, By Product:

    • LED Retrofit Lighting
    • HVAC Retrofit
  • Global Mining Equipment Market, By Application:
    • Residential Buildings
    • Non-Residential Buildings
  • Global Mining Equipment Market, By Technology:
    • HVAC and Controls
    • Insulation and Glazing
    • Lighting and Controls
    • Water Heating
  • Global Mining Equipment Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Iran
      • UAE
    • South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global energy retrofit system market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Energy Retrofit System Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Energy Retrofit System Market

4.    Executive Summary

5.    Voice of Customers

6.    Global Energy Retrofit System Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product (LED Retrofit Lighting, HVAC Retrofit)

6.2.2.     By Application (Residential Buildings, Non-Residential Buildings)

6.2.3.     By Technology (HVAC and Controls, Insulation and Glazing, Lighting and Controls, Water Heating)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Product Market Map

7.    North America Energy Retrofit System Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value 

7.2.  Market Share & Forecast

7.2.1.     By Product

7.2.2.     By Application

7.2.3.     By Technology

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Energy Retrofit System Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product

7.3.1.2.2.             By Application

7.3.1.2.3.             By Technology

7.3.2.     Canada Energy Retrofit System Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product

7.3.2.2.2.             By Application

7.3.2.2.3.             By Technology

7.3.3.     Mexico Energy Retrofit System Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product

7.3.3.2.2.             By Application

7.3.3.2.3.             By Technology

8.    Asia-Pacific Energy Retrofit System Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value 

8.2.  Market Share & Forecast

8.2.1.     By Product

8.2.2.     By Application

8.2.3.     By Technology

8.2.4.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Energy Retrofit System Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product

8.3.1.2.2.             By Application

8.3.1.2.3.             By Technology

8.3.2.     India Energy Retrofit System Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product

8.3.2.2.2.             By Application

8.3.2.2.3.             By Technology

8.3.3.     Japan Energy Retrofit System Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product

8.3.3.2.2.             By Application

8.3.3.2.3.             By Technology

8.3.4.     South Korea Energy Retrofit System Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Product

8.3.4.2.2.             By Application

8.3.4.2.3.             By Technology

8.3.5.     Australia Energy Retrofit System Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Product

8.3.5.2.2.             By Application

8.3.5.2.3.             By Technology

9.    Europe Energy Retrofit System Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value 

9.2.  Market Share & Forecast

9.2.1.     By Product

9.2.2.     By Application

9.2.3.     By Technology

9.2.4.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Energy Retrofit System Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product

9.3.1.2.2.             By Application

9.3.1.2.3.             By Technology

9.3.2.     United Kingdom Energy Retrofit System Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product

9.3.2.2.2.             By Application

9.3.2.2.3.             By Technology

9.3.3.     France Energy Retrofit System Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product

9.3.3.2.2.             By Application

9.3.3.2.3.             By Technology

9.3.4.     Italy Energy Retrofit System Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Product

9.3.4.2.2.             By Application

9.3.4.2.3.             By Technology

9.3.5.     Spain Energy Retrofit System Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Product

9.3.5.2.2.             By Application

9.3.5.2.3.             By Technology

10.  South America Energy Retrofit System Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value 

10.2.              Market Share & Forecast

10.2.1.  By Product

10.2.2.  By Application

10.2.3.  By Technology

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Energy Retrofit System Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product

10.3.1.2.2.           By Application

10.3.1.2.3.           By Technology

10.3.2.  Argentina Energy Retrofit System Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product

10.3.2.2.2.           By Application

10.3.2.2.3.           By Technology

10.3.3.  Colombia Energy Retrofit System Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product

10.3.3.2.2.           By Application

10.3.3.2.3.           By Technology

11.  Middle East & Africa Energy Retrofit System Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value 

11.2.              Market Share & Forecast

11.2.1.  By Product

11.2.2.  By Application

11.2.3.  By Technology

11.2.4.  By Country

11.3.              South America: Country Analysis

11.3.1.  Saudi Arabia Energy Retrofit System Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Product

11.3.1.2.2.           By Application

11.3.1.2.3.           By Technology

11.3.2.  South Africa Energy Retrofit System Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Product

11.3.2.2.2.           By Application

11.3.2.2.3.           By Technology

11.3.3.  UAE Energy Retrofit System Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Product

11.3.3.2.2.           By Application

11.3.3.2.3.           By Technology

11.3.4.  Iraq Energy Retrofit System Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Product

11.3.4.2.2.           By Application

11.3.4.2.3.           By Technology

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.    Competition Outlook

14.2.    Company Profiles

14.2.1.  Daikin Industries, Ltd.

14.2.2.  Orion Energy Systems, Inc.

14.2.3.  Siemens Building Technology

14.2.4.  E.ON Energy Services

14.2.5.  Ameresco, Inc.

14.2.6.  Energy Retrofit Co.

14.2.7.  Eaton Corporation

14.2.8.  AECOM Energy

14.2.9.  Johnson Controls International plc

14.2.10.                Chevron Corporation

15.  Strategic Recommendations

16. About Us & Disclaimer