According to the latest report by IMARC Group, titled “Energy Efficient Windows Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027,” The global energy efficient windows market reached a value of US$ 18.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 29.2 Billion by 2027, exhibiting a CAGR of 8.31% during 2022-2027.
Base Year: 2021
Forecast Year: 2022-2027
Download free sample of the report: https://www.imarcgroup.com/energy-efficient-windows-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Energy-Efficient Windows Market Industry Definition and Application:
Energy-efficient windows are designed to reduce the requirement of artificial cooling and heating inside a building. They comprise two or more glass sheets sealed together with gaps in between and surrounded by a tight frame of unplasticized polyvinyl chloride (uPVC) or aluminum. They rely on various inert gases, such as argon, xenon, and krypton, to enhance the insulating properties of the windows. They are manufactured using low emissivity (Low-E) glasses that have a coating of metal oxide to reflect heat and light back inside the building. They possess soundproof properties, which allow individuals to stay relaxed, enjoy solitude, and sleep properly. They reduce the expenses of cooling and heating rooms by preventing the passage of conditioned air and restricting heat transfer in both directions. They can block rainwater seepage and prevent the formation of molds and bacteria, causing infections and respiratory ailments inside the building. Energy efficient windows provide protection against storms and hurricanes in high-rise buildings due to their durability. Additionally, they help keep the building clean and tidy by preventing dust and smoke from vehicles, construction sites, and industries. As energy efficient windows enhance the security of buildings, they are widely installed in residential and commercial buildings across the globe.
Energy-Efficient Windows Market Trends and Drivers:
At present, the increasing demand for energy efficient windows in the residential sector around the world to reduce excess energy expenditure represents one of the key factors driving the market. Besides this, stringent regulations imposed by governments of several countries to conserve energy sources are propelling the growth of the market. In addition, there is a rise in the installation of energy-efficient windows in various commercial buildings, such as hospitals, educational institutions, offices, and shopping malls, to reduce electricity consumption and enhance insulation. This, coupled with the rising environmental awareness among the masses worldwide, is contributing to the growth of the market. Apart from this, energy efficient windows enhance the aesthetics, strengthen the security of buildings, and maintain ventilation efficiently, which is offering a favorable market outlook. Additionally, the increasing construction of residential complexes to accommodate the growing population across the globe is positively influencing the market. Furthermore, key market players are extensively investing in research and development (R&D) activities to introduce durable features in the windows at affordable prices. They are also focusing on increasing awareness about the benefits of energy efficient windows among consumers to expand their customer base.
Energy Efficient Windows Market Report Scope
Market size value in 2021
US$ 18,121 Million
Market forecast in 2027
US$ 29,198 Million
CAGR of 8.37% from 2022-2027
Base year for estimation
Browse the full report with TOC: https://www.imarcgroup.com/energy-efficient-windows-market
Energy-Efficient Windows Market Segmentation:
The report has segmented the market on the basis on region, operating type, glazing type, component and end use.
Breakup by Operating Type:
Breakup by Glazing Type:
- Double Glazing
- Triple Glazing
Breakup by Component:
Breakup by End Use:
Breakup by Region:
North America:( United States, Canada)Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)Latin America: (Brazil, Mexico,Others)Middle East and Africa
Who are the Major Energy Efficient Windows Market Key players?
The report provides a detailed analysis of the market leaders, including.
Andersen Corporation, Builders Firstsource Inc., Deceuninck NV, JELD-WEN Inc., Marvin, Masco Corporation, PGT Innovations Inc., Ply Gem Residential Solutions (Cornerstone Building Brands Inc.), Schott AG, The REHAU Group, VKR Holding A/S and YKK Corporation.
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