Energy Efficient Windows Market Size, Share, Analysis and Forecast 2020 -2027 | by Operating Type, Glazing, Component

According to a new report published by Allied Market Research, titled, “Energy Efficient Windows Market by Operating Type, Glazing Type, Component, and End User: Opportunity Analysis and Industry Forecast, 2020–2027,” the global energy efficient windows market size is expected to reach $29,023.8 million in 2027, from $15,594.0 million in 2019, growing at a CAGR of 8.1% from 2020 to 2027. In 2019, North America dominated the market, in terms of revenue, accounting for 33.6% share of the global energy-efficient windows market.

Download PDF Sample Report @ https://www.alliedmarketresearch.com/request-sample/6556

Energy efficient windows assist in minimizing the use of artificial heating and cooling in a building. These windows consist of three main components including glass or the glazing, frame, and other hardware. These components provide substantial protection from heat loss and heat gain from the outer atmosphere, and thereby, reduce the energy consumption of the building. There are two main factors which measure the energy efficiency of windows.

These include solar heat gain coefficient (SHGC) which measures the amount of solar heat entering through the window, and U-factor which measures the insulation capacity of the window. Every energy efficient window product is certified on the basis of SHGC and U-factor, which qualifies it for the Energy Star Rating by the National Fenestration Rating Council (NFRC) of the U.S. Moreover, energy efficient windows are available in double glazing, triple glazing types, with low emissivity (low-E) coating, and argon or krypton gas filling between the glazing.

The reduction in energy and air conditioning costs, owing to the adoption of energy efficient windows, majorly drives the growth of the energy efficient market industry. The implementation of energy efficient windows can save up to 15% of the total expenditures on air conditioning per year.

For Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/6556

Furthermore, increased demand for electricity, owing to gradual increase in population as well as propelled dependence on electric appliances, artificial air conditioning, and others, boosts the necessity of energy efficient devices. Energy efficient windows assist in reducing the wastage of electricity consumption by cutting off the outlet of air from inside the room. This thereby, helps in maintaining the temperature of the room and reduce on artificial air heating or cooling, which in turn drives the growth of the energy efficient windows industry.

Moreover, increased awareness about environmental sustainability due to the recognition of climate change globally has led the governments to imply regulations for reducing the carbon footprint of households. To implement such measures, the governments often offer various subsidies for replacement of old windows and furnaces, which lead to wastage of energy. Such subsidies drive the demand for energy efficient windows as replacement for old windows, which in turn augments the growth of the energy efficient windows market.

Market Segments

By Operating Type

Awning
Casement
Double-hung
Fixed
Hopper
Sliding

By Glazing Type

Double Glazing
Triple Glazing
Others

By Component

Frame
Glass
Hardware

By End_user

Residential
Non-residential

By Region

North America
Europe
Asia-Pacific
LAMEA

Speak to Our Expert Analyst @ https://www.alliedmarketresearch.com/connect-to-analyst/6556

Key Players

The key market players profiled in the report include Andersen Corporation, Deceuninck NV, JELD-WEN Inc., Marvin, Masco Corporation, PGT Innovations, Inc., Ply Gem Residential Solutions (Cornerstone Building Brands), REHAU Incorporated, VKR Holdings A/S, and YKK Group.

Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

This release was published on openPR.