The global energy efficient windows market size reached US$ 19,588.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 31,641.7 Million by 2028, exhibiting a growth rate (CAGR) of 8.35% during 2023-2028.
Energy Efficient Windows Market Size in 2022
US$ 19,588.8 Million
Energy Efficient Windows Market Forecast in 2028
US$ 31,641.7 Million
Energy Efficient Windows Market Growth Rate 2023-2028
Energy-efficient windows refer to technologically upgraded ventilation systems that offer optimal heat gain and loss protection. They assist in minimizing the use of artificial cooling and heating in an infrastructure. They help prevent the escape of conditioned air from the complexes, thereby eliminating the transfer of heat in both directions. They also aid in maintaining the optimum level of light, warmth, and ventilation in the room. Presently,energy-efficient windows are available in double glazing, triple glazing, low emissivity (low-E) coatings, and argon or krypton gas filling variants.
Energy Efficient Windows Market Trends:
The surging global population and the significant rise in construction activities of residential and commercial buildings are positively influencing the market. In addition, the increasing requirement for effective ventilation systems to minimize energy consumption and air conditioning costs is creating a positive outlook for the market. Apart from this, shifting consumer preferences toward energy-efficient windows as they help reduce the power wastage by cutting off the outlet of air from the room. Along with this, the increasing adoption of green building concepts and rising consciousness among individuals about the harmful effects of artificial air on the environment are contributing to the market growth. Additionally, the integration of innovative windows integrated with artificial intelligence (AI) and the internet of things (IoT) is stimulating the market growth. Furthermore, the implementation of favorable government policies promoting sustainable development, along with increasing investments in extensive infrastructural development, is anticipated to drive the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global energy efficient windows market report, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on operating type, glazing type, component, and end use.
Breakup by Operating Type:
Awning windows currently dominate the market as they offer maximum privacy and an attractive look to the buildings.
Breakup by Glazing Type:
Double glazing windows presently represent the largest market segment as they reduce noise pollution and the amount of moisture on window panes.
Breakup by Component:
Frame holds the majority of the global energy-efficient windows market share.
Breakup by End Use:
The residential sector currently accounts for the majority of the market share due to a significant rise in the construction, renovation, and remodeling activities of residential buildings.
Breakup by Region:
Middle East and Africa
North America exhibits a clear dominance in the market due to the rising construction of educational institutions and hospitals in the region.
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Andersen Corporation, Builders Firstsource Inc., Deceuninck NV, JELD-WEN Inc., Marvin Windows Inc., Masco Corporation, PGT Innovations Inc., Ply Gem Residential Solutions, Schott AG, The REHAU Group, VKR Holding A/S and YKK Corporation.
Base Year of the Analysis
Operating Type, Glazing Type, Component, End Use, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
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Key Questions Answered in This Report
The global energy efficient windows market was valued at US$ 19,588.8 Million in 2022.
We expect the global energy efficient windows market to exhibit a CAGR of 8.35% during 2023-2028.
The rising demand for energy efficient windows as they aid in maintaining the optimum level of light, warmth, and ventilation in the room, is primarily driving the global energy efficient windows market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous construction activities, thereby negatively impacting the global market for energy efficient windows.
Based on the operating type, the global energy efficient windows market has been segmented into awning, casement, double-hung, fixed, hopper, and sliding. Among these, awning currently holds the majority of the total market share.
Based on the glazing type, the global energy efficient windows market can be bifurcated into double glazing, triple glazing, and others. Currently, double glazing exhibits a clear dominance in the market.
Based on the component, the global energy efficient windows market has been divided into frame, glass, and hardware, where frame currently accounts for the largest market share.
Based on the end use, the global energy efficient windows market can be segregated into residential and non-residential. Currently, residential exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global energy efficient windows market include Andersen Corporation, Builders Firstsource Inc., Deceuninck NV, JELD-WEN Inc., Marvin Windows Inc., Masco Corporation, PGT Innovations Inc., Ply Gem Residential Solutions, Schott AG, The REHAU Group, VKR Holding A/S, and YKK Corporation.
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