Regional Analysis
Building Energy Simulation Software Market Regional Insights
- North America is expected to be the largest market for building energy simulation software during the forecast period, accounting for over 35% of the market share in 2022. The growth of the market in North America is attributed to supportive government regulations such as updated ASHRAE standards in the U.S. and increasing green building construction.
- Europe is expected to be the second-largest market for building energy simulation software, accounting for over 25% of the market share in 2022. The growth of the market in Europe is attributed to high adoption of sustainable building practices and standards such as EU Energy Performance of Buildings Directive.
- Asia Pacific is expected to be the fastest-growing market for building energy simulation software, growing at a CAGR of over 20% during the forecast period. The growth of the market in Asia Pacific is attributed to rapid urbanization and increasing construction of commercial buildings equipped with advanced technologies.
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, Central Africa, and Rest of Middle East
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India : 