Energy Efficient Windows Market key players are: Marvin Windows & Doors, Pella, Associated Material, Atrium, Soft-Lite, YKK AP
Global Energy Efficient Windows Market is expected to grow at over 10% CAGR to surpass USD 15 billion by 2024. Significant growth in global construction accompanied with several government initiatives including energy efficient and zero emissions buildings will propel the industry growth. Majority of emissions around the globe contributed by industrial, commercial, and residential buildings, it is mainly contributed by space cooling, ventilation, lighting, space heating, water heating and refrigeration. In 2014, mayor of New York city announced 80*50 initiative, with an aim to reduce greenhouse gas emissions by 80 percent by 2050 when compared with 2005 levels. It also includes retrofitting of around 3000 buildings by 2025.
Rising awareness towards energy efficiency along with pressure from international & government bodies to minimize annual electricity consumption will significantly increase the energy efficient windows market. It helps to maintain room temperature by reflecting outside heat, which reduces the heating and air conditioning energy consumption.
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Top Key Players: -
Key players in energy efficient windows market are Milgard Manufacturing, Marvin Windows & Doors, Pella, Associated Material, Atrium, Soft-Lite, Andersen, YKK AP, Jeld-Wen, and Kolbe & Kolbe.
Regional Segmentations: -
The U.S energy efficient windows market is anticipated to reach over USD 7 billion in 2024 owing to increasing renovation activities to minimize annual electricity consumption. Building Technologies Program (BTP) by the U.S Department of Energy has made huge investment in R&D to minimize to increase energy efficiency and minimize carbon emissions in the buildings.
France going to witness substantial growth energy efficient windows market due to improved living standards and increase in dual income families. In 2014, France introduced energy transition bill which aims to reduce consumption of energy to 50% by 2050 from 2012 level, and to generate 32% of total energy from clean sources by 2030.
Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1. Research methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.2. Data sources
Chapter 2. Executive Summary
2.1. Energy Efficient Windows industry 3600 synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Regional trends
Chapter 3. Energy Efficient Windows Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channels
3.3.2. Vendor matrix
3.4. Industry Impact forces
3.4.1. Growth drivers
188.8.131.52. Rising energy conservation demand
184.108.40.206. Increasing awareness to minimize carbon footprints
220.127.116.11. Rapid industrialization and commercialization
3.4.2. Industry pitfalls & challenges
18.104.22.168. High Initial Investment
3.5. Growth potential analysis
3.6. Porter's analysis
3.7 Company market share analysis, 2015
3.8. PESTEL analysis
3.9 Pricing trends
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Increasing awareness to curb carbon emissions and rising energy conservation demand will drive the energy efficient windows market. High fluctuating temperature across different zones coupled with improved standard of living will further complement the industry outlook. European Union commitment to reduce GHG emissions by 20 % when compared with 1990 levels.
Triple Low-E glazing is anticipated to expand over 11% from 2016 to 2024. Initiatives including energy star ratings and increasing investment in R&D by private sector to reduce energy consumption in buildings is playing an active role in fueling the energy efficient windows market share.
Replacement adoption dominated the energy efficient windows market share in 2015. Buildings which are comparatively old requires replacement instead of insulation which will positively encourage the industry growth.
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