New York, United States, April 08, 2024 (GLOBE NEWSWIRE) — Energy retrofits are used to lower overall energy consumption and GHG emissions. Residential, commercial and public buildings are becoming more energy efficient thanks to consumer efforts, which reduce energy costs and a sizable portion of greenhouse gas emissions. The construction sector has a sizable potential to improve energy efficiency and reduce carbon emissions. As the demand for energy-efficient systems increases, the market for energy retrofit systems is anticipated to expand. The rapid urbanization, industrialization, and development of new infrastructure in developing economies, the adoption of HVAC appliances, government regulations governing building codes in developed countries, and green certifications for commercial buildings are some significant factors influencing the market’s growth.
(GlobeNewsWire)