Energy Efficient Windows Market Emerging Trend Analysis on Milgard Manufacturing, Soft-Lite, Pella, Atrium, Associated Material, Jeld-Wen, YKK AP, Kolbe & Kolbe and Andersen

The contribution of leading industry giants in the expansion of energy efficient windows market is indeed remarkable. Recently for instance, Precision Door and Window made it to the headlines for having announced the launch of the LoE³-340 double pane glass depicting exceptional solar performance.

Predominantly driven by the rising amount of energy consumption across the residential and commercial buildings, energy efficient windows market as on today has evolved to be a niche business sphere among its contemporaries in the overall smart technologies vertical. As per the U.S. Energy Information Administration, in the year 2017, the residential sector accounted for close to 6.2% of the total primary energy consumption, while the commercial sector accounted for 4.5% of the energy consumption. Having analyzed the disastrous impact of high energy consumption for room temperature maintenance, the concept of energy efficient building components has gained even more traction than before, thus laying down a strong foundation for the growth of energy efficient windows market.

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Energy Efficient Windows Market size looks poised to exceed USD 15 billion by 2024, U.S commercial applications were valued over USD 700 million in 2015. The country is still somewhat recovering from economic downturn, which is forecast to positively impact on energy efficient windows for commercial application in the country.

Report Mainly focuses on the top Manufacturers in global market are given bellow

Marvin Windows & Doors, Milgard Manufacturing, Soft-Lite, Pella, Atrium, Associated Material, Jeld-Wen, YKK AP, Kolbe & Kolbe and Andersen
By Glazing

• Double Glazing
• Triple low-E

By Adoption
• Replacement
• Insulation

By Window
• Up to 6, >6 to 10, >10

By Application
• Residential
• Commercial

Energy Efficient Windows Market size looks poised to exceed USD 15 billion by 2024; according to a new research report by Global Market Insights, Inc.

Double glazed energy efficient windows market size contributed significantly towards global revenue 2015, owing to its room temperature maintaining coupled with minimizing external noise characteristics. Whereas, triple low-e glazing is forecast to expand at a greater rate of over 11% CAGR up to 2024.

Replacement energy efficient windows market share accounted for more than 60% of global revenue in 2015 owing to increasing renovation in North America and Europe.

Residential applications were dominant revenue contributors in 2015, due to increasing residential construction projects across the globe. Also, rapid commercialization in Asia Pacific may boost industry growth for commercial application.

These windows are capable of reducing annual energy consumption by more than 25%. However, high initial investment in switching from traditional to energy efficient products may hinder industry growth.

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As per reliable sources, this product would serve to magnificently lower oppressive solar heat gain without the deployment of room-darkening tints. Furthermore, the pane glass has been suitably designed to function in cold climates, given that its U-Factor helps reduce the heat loss from indoors. The product launch is indicative of the fact that with consistent efforts by leading market contenders, in tandem with the robustly prevailing trends of energy saving and sustainability, energy efficient windows market is likely to chart out a highly remunerative commercialization graph in the forthcoming years.

The above information is provided on a regional and country basis for the following:

• North America (U.S., Canada)
o Europe (Germany, UK, France, Spain, Italy)
o Asia Pacific (China, Japan, Australia)

The industry is mainly driven by government initiatives to minimize annual energy consumption and carbon emissions. For instance, the EU has committed decrease over 300 million tons CO2 emissions annually, mainly focusing on residential and commercial buildings. Also, the U.S government has initiated Building Technologies Program (BTP). BTP works with municipal, state, federal organizations, and industry to achieve marketable net zero energy buildings by focusing of minimizing overall consumption required for cooling and heating.

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