At 10% CAGR, Energy Efficient Windows Market is Anticipated to Exceed USD 15 Billion Doller Milestone by 2024

Energy efficient windows market is predicted to chalk out a profitable roadmap over the years to come, driven by extensive product usage across residential and commercial sectors. The governments of various countries have launched favorable schemes across the globe to curb greenhouse gas emissions and enhance energy conservation. For instance, the U.S. Environmental Protection Agency had introduced “Energy Star” to help the firms preserve energy and maintain the ecological balance. Such initiatives are expected to create new growth avenues for Energy efficient windows industry. As per Global Market Insights, Inc., “Energy-efficient windows industry revenue is projected to surpass USD 15 billion by 2024, growing at a CAGR of 10% during the period from 2016 to 2024.”

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/705

Taking into consideration the geographical trends, Asia Pacific Energy efficient windows market is anticipated to register substantial gains of more than 11.5% over the coming timeframe. Rise in the number of construction activities in India, China, and Japan can favorably leverage the growth in the future.

U.S. Energy efficient windows market size from commercial applications was valued for more than USD 700 million in 2015, subject to the rising product demand across offices and multiplexes. U.S. Energy efficient windows industry is expected to grow at a rate of 10% over 2016-2024. Supportive government norms favoring the use of Energy-efficient items are anticipated to contribute notably toward the regional expansion. Canada Energy efficient windows industry, which accrued an income of more than USD 800 million in 2015, is set to grow considerably over the next few years.

Europe Energy-efficient windows industry size is slated to hit USD 3 billion by 2024, subject to stringent rules implemented by the European Union to curtail overall energy wastage. In fact, the European Union has committed to reduce over 300 million tons of carbon dioxide emissions per year, a majority of which are caused due to residential and commercial buildings. EU’s directives to eliminate these emissions will positively influence global Energy efficient windows market over the next few years. In addition, the European Union also intends to save approximately 20% of the overall energy requirement in near future.

Energy-efficient windows find extensive applications across commercial and residential sectors. Energy-efficient windows industry in the commercial sector is anticipated to grow at a rate of 10% over 2016-2024, owing to the introduction of legislations favoring green constructions. Residential applications, which dominated the overall revenue in 2015, are expected to make noteworthy contributions to global Energy efficient windows market share in the future, driven by high consumer focus on reducing energy usage coupled with a rise in the number of residential buildings.

Browse key industry insights spread across 90 pages with 88 market data tables & 13 figures & charts from the report, “Energy Efficient Windows Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/energy-efficient-windows-market

Based on the adoption trends, Energy-efficient windows industry is segmented into insulation and replacement. Replacement adoption, which contributed to over 60% of global Energy efficient windows market revenue in 2015, will drive the industry growth over the coming seven years. An increase in the number of renovation activities in regions such as Europe and North America will spur the revenue.

Insulation adoption in Energy-efficient windows industry is projected to hit a revenue of USD 4 billion by 2024, registering a growth of over 11% during the period of 2016-2024, subject to low initial investment costs of the product as compared to its replacement counterpart.

Atrium Corporation, YKK AP Inc., Milgard Manufacturing Inc., JELD-WEN Inc., The Pella Corporation, Soft-Lite LLC, Andersen Corporation, Kolbe & Kolbe millwork Company Inc., and Associated Material Inc. are the key participants of Energy-efficient windows industry.

Some Points From Table Of Content: -
Chapter 4. Energy Efficient Windows Industry Glazing Insights
4.1. Global energy efficient windows market share by glazing, 2015 & 2024
4.2. Double Glazing
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. Triple Low-E glazing
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024

Chapter 5. Energy Efficient Windows Industry Insights, By Adoption
5.1. Global energy efficient windows market share by adoption, 2015 & 2024
5.2. Replacement
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013 – 2024
5.3. Insulation
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/energy-efficient-windows-market

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.