North America Energy Retrofit Systems Market Size & Outlook
- Energy & Power
- Conventional Energy
- Energy Retrofit Systems Market Outlook
- Conventional Energy
Global Market
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North America energy retrofit systems market highlights
- The North America energy retrofit systems market generated a revenue of USD 38,775.7 million in 2025.
- The market is expected to grow at a CAGR of 8.7% from 2026 to 2033.
- In terms of segment, envelope was the largest revenue generating product in 2025.
- LED Retrofit Lighting is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
| Market revenue in 2025 | USD 38,775.7 million |
| Market revenue in 2033 | USD 72,898.1 million |
| Growth rate | 8.7% (CAGR from 2026 to 2033) |
| Largest segment | Envelope |
| Fastest growing segment | LED Retrofit Lighting |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Envelope, LED Retrofit Lighting, HVAC Retrofit, Appliances |
| Key market players worldwide | Daikin Industries Ltd, Eaton Corp PLC, AECOM, Johnson Controls International PLC, Ameresco Inc Class A, Siemens AG, Trane Technologies PLC Class A, Orion Group Holdings Inc, Orion Energy Systems Inc, Signify NV, Engie SA, GE Aerospace, Schneider Electric SE |
Other key industry trends
- In terms of revenue, North America region accounted for 23.0% of the global energy retrofit systems market in 2025.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 93,286.3 million by 2033.
North America, led by the U.S., Mexico, and Canada, accounted for nearly 23.55% share of the global energy retrofit systems market in 2020. The U.S. held the largest share of North America energy retrofit systems market.
Canada is another important market in North America, which is expected to grow at a faster rate as compared to the U.S. Factors including growing concerns about greenhouse gas (GHG) emissions and regulations to decrease carbon footprint are projected to drive the growth of energy retrofit systems over the forecast period.
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Publish Date: Jun 08, 2026
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Energy Retrofit Systems Market Scope
Energy Retrofit Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson Controls International PLC | View profile | 102,000 | One Albert Quay, Cork, Ireland, T12 X8N6 | www.johnsoncontrols.com |
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Engie SA | View profile | 97,000 | 1, Place Samuel de Champlain, Courbevoie, France, 92400 | www.engie.com |
| Daikin Industries Ltd | View profile | 107,127 | Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 | www.daikin.com |
| AECOM | View profile | 52,000 | 13355 Noel Road, Suite 400, Dallas, TX, United States, 75240 | www.aecom.com |
| Eaton Corp PLC | View profile | 94,000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | www.eaton.com |
| Signify NV | View profile | 31,920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | www.signify.com |
| Trane Technologies PLC Class A | View profile | 40,000 | 170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, Ireland | www.tranetechnologies.com |
North America Energy Retrofit Systems Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Energy Retrofit Systems Market Outlook will help companies and investors design strategic landscapes.
Envelope was the largest segment with a revenue share of 54.28% in 2025.
Horizon Databook has segmented the North America energy retrofit systems market based on envelope, led retrofit lighting, hvac retrofit, appliances covering the revenue growth of each sub-segment from 2021 to 2033.
North America, led by the U.S., Mexico, and Canada, accounted for nearly 23.55% share of the global energy retrofit systems market in 2020. The U.S. held the largest share of North America energy retrofit systems market.
Canada is another important market in North America, which is expected to grow at a faster rate as compared to the U.S. Factors including growing concerns about greenhouse gas (GHG) emissions and regulations to decrease carbon footprint are projected to drive the growth of energy retrofit systems over the forecast period.
- North America Energy Retrofit Systems Market Product Outlook (Revenue, USD Million , 2021-2033)
- Envelope
- LED Retrofit Lighting
- HVAC Retrofit
- Appliances
- North America Energy Retrofit Systems Market Application Outlook (Revenue, USD Million , 2021-2033)
- Residential
- Commercial
- Institutional
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Energy Retrofit Systems Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Energy Retrofit Systems Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Energy Retrofit Systems Market, 2021-2033 (US$M)
North America energy retrofit systems market statistics, by product, 2021-2033 (US$M)
