{"id":829891,"date":"2026-08-12T15:16:03","date_gmt":"2026-08-12T15:16:03","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=829891"},"modified":"2026-08-12T15:16:03","modified_gmt":"2026-08-12T15:16:03","slug":"energy-retrofit-market-to-reach-usd-29549-billion-by-2031-as-deep-retrofits-renewable-integration-and-energyefficiency-policies-drive-growth","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/energy-retrofit-market-to-reach-usd-29549-billion-by-2031-as-deep-retrofits-renewable-integration-and-energyefficiency-policies-drive-growth_829891.html","title":{"rendered":"Energy Retrofit Market to Reach USD 295.49 Billion by 2031 as Deep Retrofits, Renewable Integration, and Energy-Efficiency Policies Drive Growth"},"content":{"rendered":"
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\"Energy<\/a><\/div>\n
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Energy Retrofit Market<\/div>\n<\/div>\n<\/div>\n
Mordor Intelligence has released a new report on the Energy Retrofit Market, offering comprehensive insights into market size, growth trends, application analysis, regional outlook, and the competitive landscape through the forecast period.<\/div>\n

According to Mordor Intelligence, the global energy retrofit market size<\/a><\/strong> is expected to reach USD 295.49 billion by 2031<\/strong>. Energy retrofitting involves upgrading existing buildings with energy-efficient systems and materials to reduce energy consumption, lower utility costs, improve building performance, and support lower emissions. Key retrofit measures include HVAC replacement, lighting upgrades, insulation and glazing improvements, renewable-energy integration, smart building controls, and water-heating and plumbing upgrades.<\/p>\n

Corporate net-zero and ESG commitments are also encouraging building owners and businesses to allocate more capital toward energy-efficiency projects. Energy-price volatility further strengthens the financial case for measures that can reduce ongoing operating costs. Shallow retrofits currently account for the largest share, while deep retrofits and renewable-integration solutions are recording faster growth. North America remains the largest regional market, while Europe is expected to be the fastest-growing region through 2031.<\/p>\n

Upcoming Trends in Retrofit Market <\/strong><\/p>\n

Renewable integration is gaining share:<\/strong> Solar PV, solar thermal, and battery-storage solutions are projected to grow at a 10.3% CAGR through 2031, making renewable integration the fastest-growing technology category.<\/p>\n

Commercial buildings lead demand:<\/strong> Commercial buildings accounted for 41.7% of 2025 revenue, while public and institutional buildings are expected to record a 9.7% CAGR through 2031.<\/p>\n

Digital energy management is supporting retrofit decisions:<\/strong> AI-enabled building analytics and smart controls are helping facility managers identify energy-saving opportunities across HVAC, lighting, and other building systems.<\/p>\n

Explore Regional Trends and Japan-Specific Market Insights: https:\/\/www.mordorintelligence.com\/industry-reports\/energy-retrofit-market?utm_source=abnews<\/a> <\/em><\/strong><\/p>\n

Energy Retrofit Market Segmentation<\/strong><\/p>\n

By retrofit depth<\/strong>, the market is divided into deep energy retrofits and shallow\/light energy retrofits. Shallow retrofits currently hold the larger share, while deep retrofit projects are gaining momentum as building owners seek broader energy reductions.<\/p>\n

By technology<\/strong>, the market includes HVAC systems, lighting systems, building envelope solutions such as insulation and glazing, renewable integration including solar PV and solar thermal, smart building controls and IoT, and water heating and plumbing. HVAC is the largest technology segment, while renewable integration is expected to grow at the fastest rate.<\/p>\n

By application<\/strong>, the market covers residential buildings, commercial buildings, industrial facilities, and public and institutional buildings. Commercial buildings represented the largest application segment in 2025.<\/p>\n

By geography<\/strong>, the market is analyzed across North America, Europe, Asia-Pacific, South America, and the Middle East and Africa, with country-level coverage including the United States, Canada, Mexico, the United Kingdom, Germany, France, China, India, Japan, South Korea, Brazil, and other markets.<\/p>\n

Energy Retrofit Companies<\/strong><\/p>\n