- United States
- /
- Auto
- /
- NasdaqGS:TSLA
Energy Transition Update - Green HVAC Market Surges with Eco-Friendly Building Demand
Reviewed by Simply Wall St
The global Green HVAC market is undergoing significant transformation as energy efficiency and sustainability become crucial in building technologies. With a valuation of US$ 78.8 billion in 2024, the market is projected to grow at a 7.0% CAGR, reaching US$ 165.1 billion by 2035. This growth is largely fueled by strict environmental regulations and a rising demand for eco-friendly buildings, despite challenges such as reduced subsidies and lower gas prices impacting the market in Europe. Companies are focusing on innovations like geothermal heat pumps and solar-powered systems to meet this demand, indicating a robust future for sustainable indoor climate solutions.
In other market news, Dian Swastatika Sentosa (IDX:DSSA) was a standout up 13.1% and finishing the session at IDR34,950.00. In the meantime, Tesla (NasdaqGS:TSLA) lagged, down 15.4% to close at $222.15.
Best Energy Transition Stocks
- Applied Materials (NasdaqGS:AMAT) settled at $149.99 down 3.7%, hovering around its 52-week low. This month, Applied Materials announced a 15% dividend increase and a $10 billion share buyback program.
- First Solar (NasdaqGS:FSLR) closed at $133.11 down 4.3%.
- Vistra (NYSE:VST) closed at $108.49 down 5.1%.
Key Takeaways
- Access the full spectrum of 143 Energy Transition Stocks including Repsol, HF Sinclair and Generac Holdings by clicking on this link.
- Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
- Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
Valuation is complex, but we're here to simplify it.
Discover if Tesla might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About NasdaqGS:TSLA
Tesla
Designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.
Flawless balance sheet with reasonable growth potential.
Similar Companies
Market Insights
Community Narratives


