The size of the green building market

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Pavel Prikhodko, Ph.D. Machine Learning

The U.S. green building market is growing every year. As we can see on the chart, in 2005 the size of the green building market in the U.S. amounted to just $3 billion. By 2008, this number had rapidly risen to $25 billion — by 2010, to $48 billion. In 2011 and 2012, the non-residential green building market was valued at about $61 billion and $63 billion respectively. In 2013, the market reached approximately $69 billion. The following year in 2014, it spiked to $81 billion.

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As of Q4 2017, the leading green building market in the United States (by share of green buildings in the city) was in Manhattan, according to the information by CBRE Group. That year, about 31.6 percent of Manhattan’s buildings were certified as green buildings. Atlanta took second place with 27.6 percent of its buildings being certified as green. Next came Los Angeles, with approximately 21.8 percent of its buildings certified as green ones. The share of green buildings in Minneapolis and Houston amounted to 21.4 percent and 21.2 percent respectively.

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Next, let’s break down the green building design market in the country by sector. The commercial offices sector amounted for 21.2 percent of the overall U.S. green building design market. All of these figures are based on 2015 revenue streams generated by the leading 100 green building design companies. Green design projects in the non-building miscellaneous sector accounted for about 17.2 percent of the $53.71 billion market. The share of the education sector in the overall green building design market in the U.S. was 14.1 percent, while the share of the health care sector amounted to 11.1 percent.

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About Pavel Prikhodko

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Pavel Prikhodko, Ph.D. Machine Learning

Pavel has worked for many years as a researcher and developer on a wide range of applications (varying from mechanics and manufacturing to social data, finance and advertising), building predictive systems and trying to find stories that data can tell.

In his free time, he enjoys being with his family.

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