Building energy simulation software
Building energy simulation software is computer-based simulation software, specifically designed to perform comprehensive analysis of a building’s energy use or to analyse the energy-using systems of a building. Building energy simulation software uses specialised software/platform tools that address particular concerns, such as daylighting, moisture transfer from building materials, natural ventilation, occupant comfort and indoor air quality.
Increasing environmental and energy concerns among end users is anticipated to propel the building energy simulation software market. Architects and engineers are adopting advanced design in green building infrastructure to provide comfort to resident and commercial users by reducing the negative impact of the surrounding environment.
The demand for green home design is increasing among customers to reduce overall expenses on energy consumption. The increase in awareness about green building structures among customers is prompting solution providers to offer advanced energy simulation software in order to reduce energy consumption and help improve the design of the building that increases the overall performance of buildings.
Therefore, rise in adoption of green building design and infrastructure among residential and commercial sectors is expected to fuel the demand for energy simulation platforms and tools.
End users are less aware of building energy simulation software/tools and applications in the management and analysis of energy consumption and modelling. Companies are still using traditional ways to improve infrastructural design and energy consumption modeling.
Furthermore, COVID-19 has negatively affected the growth of industries across all regions. The demand for building energy simulation software is decreasing during the lockdown period of COVID-19. Companies are facing financial problems during the lockdown due to the low return on investment and insufficient funds to be sustainable in the market; many construction companies are delaying their projects due to inadequate manpower.
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