According to a report by McGraw-Hill, domestic green building will triple by 2013. This is expected to trigger $140 billion in construction spending. McGraw-Hill said growing public awareness, government regulations, and bottom-line advantages will help fuel this growth.
A substantial portion of this green building will be retrofits and renovations since many buildings are aging and inefficient.
Green building now comprises 5 percent to 9 percent of the market, but it could easily reach 30 percent ($15 billion in annual spending) within the next five years.
Details
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment