Exploring the Development Trends and Characteristics of the US Green Building Market

Tianzhi He, Ruidong Chang, Yilong Han, Ziyi Yang

Research output: Chapter in Book/Report/Conference proceedingConference contributionResearchpeer-review

Abstract

The AEC industry has witnessed an increasing growth in the green building market in the past decade and continues to expect its promising future. While most of the prior research on the green building market was conducted based on the survey data at the project level, how the corporate dimension develops is still lacking. To fill the gap, this research attempted to explore the characteristics of the U.S. green building market from a corporate perspective both quantitatively and qualitatively. We first collected data of 223 top/representative green building contractors in the U.S. identified by the Engineering News-Record over the past decade, and explored the development trend. The 223 organizations were further categorized into three different groups with distinct characteristics and corporate strategy using k-means clustering. This research provided practitioners and academics with a holistic understanding of the U.S. green building market, as well as contributed to the development of green building corporation management strategy.

Original languageEnglish
Title of host publicationConstruction Research Congress 2020: Infrastructure Systems and Sustainability
EditorsMounir El Asmar, Pingbo Tang, David Grau
PublisherAmerican Society of Civil Engineers (ASCE)
Pages914-923
Number of pages10
ISBN (Electronic)9780784482858
DOIs
Publication statusPublished - 2020
EventConstruction Research Congress 2020: Infrastructure Systems and Sustainability - Tempe, United States
Duration: 8 Mar 202010 Mar 2020

Publication series

NameConstruction Research Congress 2020: Infrastructure Systems and Sustainability - Selected Papers from the Construction Research Congress 2020

Conference

ConferenceConstruction Research Congress 2020: Infrastructure Systems and Sustainability
Country/TerritoryUnited States
CityTempe
Period8/03/2010/03/20

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