Buildings

With commercial and residential buildings responsible for approximately 40% of total U.S. energy consumption, these structures offer abundant opportunities for advanced energy efficiency and management.

The Buildings segment consists of eight subsegments: Building Design; Building Envelope; Heating, Ventilation, and Air Conditioning (HVAC); District Energy, Combined Heat and Power and Combined Cooling, Heating and Power; Water Heating; Lighting; Appliances and Electronic Equipment; and Enabling Information Technology. With commercial and residential buildings responsible for approximately 40% of total U.S. energy consumption, these structures offer abundant opportunities for advanced energy efficiency and management.

Advanced energy products and services cover the entire building design, construction, retrofit, and maintenance lifecycle and account for nearly 11% of total advanced energy revenue; global 2011 revenue from this segment was $118 billion. As building codes worldwide increasingly require more efficient materials and systems, separating advanced energy technologies from standard practice is challenging. This analysis offers a conservative view by focusing only on technologies that surpass the current energy efficiency status quo. Even with this conservative approach, the global advanced energy Buildings segment is expected to have robust growth of nearly 19% from 2011 to 2012.

Buildings revenue in the United States was $35.3 billion in 2011, with 2012 revenue expected to grow 18% to $41.6 billion. Lighting and HVAC combined to account for 55% of 2011 revenue, with advanced lighting technologies expected to grow almost 36% between 2011 and 2012. The Enabling IT segment includes advanced building systems that increasingly use sophisticated computing and communications technologies to optimize energy use. Though Enabling IT accounts for less than 6% of U.S. advanced energy revenue in 2011, it represents one of the highest growth opportunities, with 2011 to 2012 growth estimated at nearly 30%.

The Buildings segment in the United States had an overall economic impact on 2011 U.S. GDP of $47.4 billion, derived from the domestic content associated with U.S. Buildings segment revenue. This economic activity generated $4.7 billion in federal tax revenue and an additional $2.2 billion in state and local tax revenue. This economic impact does not include the additional economic benefits of exports from the United States to global markets.