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North America Energy Retrofit System Market Forecast 2022-2030


The North America energy retrofit system market is estimated to surge with a CAGR of 4.97% during the forecast period, 2022-2030. The policies and incentives introduced by the governments and the rising requirement for energy-efficient equipment in the private companies favor the market growth.


The North America energy retrofit system market growth analysis entails United States and Canada assessment. In Canada, Natural Resources Canada (NRC) ensures that abundant natural resources are developed competitively, sustainably, and inclusively. It also looks after the energy sources, distribution, and energy efficiency. The department's presence is expected to support the market for sustainable devices enabled by energy retrofit systems.

Moreover, the government of Canada, in a partnership with Canadian industry, known as the Canadian Industry Partnership for Energy Conservation (CIPEC), encourages innovative energy management to assist Canadian businesses in achieving profitability, competitiveness, and sustainability, further increasing the requirement for energy retrofit devices across various industry verticals.

Also, the Local Energy Efficiency Partnerships (LEEP) program accelerates energy-efficient construction that enables the builders to reduce their risk and time, further enabling innovations to build high-performance, improved, and affordable homes. Hence, efforts by the government to push and achieve energy efficiency measures will drive demand for energy retrofit systems in the country.


Some of the key players in the market include Orion Energy Systems, General Electric, AECOM, etc.

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North America Energy Retrofit System Market Forecast 2022-2030
Published By :Inkwood Research
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