The Energy Efficient Windows Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Energy Efficient Windows Global Market Report 2024, The energy efficient windows market size has grown strongly in recent years. It will grow from $11.95 billion in 2023 to $12.71 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to industry standards development, early market adoption, architectural and design trends, public and government initiatives, environmental concerns.
The energy efficient windows market size is expected to see strong growth in the next few years. It will grow to $15.56 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to urbanization and construction boom, renewable energy integration, growing awareness and education, stringent environmental regulations, rising energy costs. Major trends in the forecast period include circular economy and sustainability, health-centric design, digitalization and IoT integration, customization and aesthetics, net-zero energy buildings, advanced insulation and glazing.
Increasing environmental awareness and the widespread adoption of green buildings are expected to propel the growth of the energy-efficient windows market. Green buildings have adopted the practice of creating structures and using processes to create environmentally responsible and resource-efficient buildings from the beginning to the end of the construction of the building. These energy-efficient buildings provide a significant reduction in the energy required for heating and cooling, independent of the energy and the equipment that will be chosen to heat or cool the building. For instance, according to EnergyStar, a US-based government-backed symbol for energy efficiency, in the year 2021, more than 2.3 million ENERGY STAR certified new homes and apartments were built, including over 120,000 in that year alone. The ENERGY STAR program for commercial buildings helped businesses and organizations save energy, avoid billions of dollars in energy costs, and achieve significant greenhouse gas reductions. Therefore, increasing environmental awareness and the widespread adoption of green buildings are driving the growth of the energy efficient windows market.
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The energy efficient windows market covered in this report is segmented –
1) Energy Efficient Windows Market By Operating Type: Awning, Casement, Double-hung, Fixed, Hopper, Sliding
2) Energy Efficient Windows Market By Component: Frame, Glass, Hardware
3) Energy Efficient Windows Market By Glazing Type: Double Glazing, Triple Glazing, Other Glazing Types
4) Energy Efficient Windows Market By Application: New Construction, Renovation And Reconstruction
5) Energy Efficient Windows Market By End User: Residential, Non Residential
Top Major Players
Saint-Gobain S.A.
Buiders first source Inc.
PPG Industries Ltd.
Masco Corporation
Asahi Glass Co. Ltd.
Major companies operating in the energy-efficient windows market are focusing on product innovations such as transparent glass coatings for energy-efficient windows to enable sustainable buildings to regulate the internal temperature of buildings. Transparent glass coating refers to a thin layer or film applied to the glass surfaces of energy-efficient windows to enhance their properties, appearance, or functionality while maintaining transparency. For instance, in July 2023, Heat Cure Glass Coating, an India-based manufacturing company, launched heat cure glass coating products for energy-efficient windows with nanotechnology-based transparent liquid coating that protects from heat and harmful rays, keeping the house cool in summers and warm in winters. The coating is said to have a shelf life of up to 12 years without any maintenance and offers more than 76% visible light transmission over 3mm glass.
The energy efficient windows market report table of contents includes:
1. Executive Summary
2. Energy Efficient Windows Market Characteristics
3. Energy Efficient Windows Market Trends And Strategies
4. Energy Efficient Windows Market – Macro Economic Scenario
5. Global Energy Efficient Windows Market Size and Growth
…….
32. Global Energy Efficient Windows Market Competitive Benchmarking
33. Global Energy Efficient Windows Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Energy Efficient Windows Market
35. Energy Efficient Windows Market Future Outlook and Potential Analysis
36. Appendix
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