Green building market expanding

Reduced costs are a key reason for the expansion of green building market, which is expected to remain steady up to 2016.

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According to a report by www.companiesandmarkets.com, the green building market is expanding thanks to reduced costs over the last several years. In particular, the cost reduction benefits for building automation and control systems are encouraging growth in the market. Two of the key reasons for this growth, according to the report, are safety and convenience. The growth is expected to be steady through 2016, which is how far the projections stretch out to. The ability to integrate green design into older systems is a key advantage and, coupled with the reduced costs thanks to advancements in R+D, is why the market will continue to grow.

- Edited by Chris Vavra, Consulting-Specifying Engineer, www.csemag.com