Energy Efficient Windows Market Worth $29,023.8 Million by 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.

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Energy Efficient Windows Market by Operating Type (Awning, Casement, Double-hung, Fixed, Hopper, and Sliding), Glazing Type (Double Glazing, Triple Glazing, and Others), Component (Frame, Glass, and Hardware), and End User (Residential and Non-residential)

Energy efficient windows help in minimizing the use of artificial heating and cooling in a building by providing substantial protection from heat loss and heat gain from the outer atmosphere. These windows consist of three main components, such as glass or the glazing, frame, and other hardware. Each energy efficient window product is certified on the basis of solar heat gain coefficient (SHGC) and U-factor, which qualifies it for the Energy Star Rating by the National Fenestration Rating Council (NFRC) of the U.S. The SHGC factor measures the amount of solar heat entering through the window, whereas, the U-factor measures the insulation capacity of the window.

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Energy efficient windows are manufactured using high quality vinyl, aluminum, and other material frames, and include double or triple glass attached on this frame with the help of spacers. This design offers complete cutoff of heat gain or heat loss from the windows, which assists in reducing the air conditioning costs of the room. In addition, the increase in awareness regarding environmental sustainability and its benefits, have surged the adoption of energy efficient products globally. The concerns regarding climate change, have led to various technological developments in energy efficient products including energy efficient windows. This majorly drives the growth of the energy efficient windows market industry.

Geographic Review

The energy efficient windows market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Australia, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key Players

The major players operating in the energy efficient windows industry 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.

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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.

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