Press release
Energy-Efficient Windows Market is expected to grow at a CAGR of 7.5% during the forecasted period | Evolve Business Intelligence
Key Highlights:• The global Energy-Efficient Windows market size is expected to reach $23.99 Billion by 2028 growing at a CAGR of 7.5% from 2021 to 2028.
• North America dominated the market in 2021
• Asia Pacific is expected to grow at the highest CAGR from 2021 to 2028
As per the study initiated by Evolve Business Intelligence, The global Energy-Efficient Windows market size is expected to reach $23.99 Billion by 2028 growing at a CAGR of 7.5% from 2021 to 2028. Energy-efficient windows are specially designed to minimize heat transfer between the interior and exterior of a building, thereby reducing the need for excessive heating or cooling. These windows typically feature advanced technologies such as low-emissivity (low-E) coatings, multiple glazing layers, and insulated frames. The low-E coating reflects infrared light, preventing heat from escaping during cold weather and blocking unwanted heat from entering during warm weather. The multiple glazing layers, often filled with insulating gases like argon or krypton, create a barrier that further hinders heat transfer. Additionally, the insulated frames prevent drafts and contribute to overall thermal efficiency. By enhancing insulation and minimizing energy loss, energy-efficient windows play a crucial role in promoting sustainability, lowering utility costs, and improving overall comfort within buildings.
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The Energy-Efficient Windows market is primarily driven by a growing global emphasis on sustainable and energy-efficient construction practices. As awareness of environmental concerns and energy conservation continues to rise, consumers and businesses alike are increasingly seeking ways to reduce energy consumption in buildings. Energy-efficient windows, with their ability to enhance insulation, reduce heating and cooling costs, and contribute to lower carbon footprints, have become a key component in modern construction projects.
Key Players
Some of the major Energy-Efficient Windows Market players holding high market shares include Andersen Corporation, JELD-WEN Inc, Marvin, Masco Corporation, PGT Innovations. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Ply Gem Residential Solutions, REHAU Incorporated, VKR Holdings A/S, Deceuninck NV, YKK Group.
Report Description: https://evolvebi.com/report/energy-efficient-windows-market-analysis/
Segmental Analysis
Based on Operating Type, the Energy-Efficient Windows market is segmented into Awning, Casement, Double-hung, Fixed, Hopper, Others. The dominance of the Awning segment in the Energy-Efficient Windows market is attributed to its effective combination of ventilation, natural light, and energy efficiency, making it a popular choice for sustainable building designs.
Based on Glazing Type, the Energy-Efficient Windows market is Double Glazing, Triple Glazing, Others. The Energy-Efficient Windows market's projected high CAGR in the Double Glazing segment is attributed to the heightened demand for improved insulation and thermal performance, driven by increasing awareness of energy conservation and stringent building codes worldwide.
Based on Component, the Energy-Efficient Windows market is Frame, Glass, Hardware, Others. The Energy-Efficient Windows market's projected high CAGR in the Frame segment is attributed to the surge in demand for innovative, thermally insulated frame materials, such as vinyl and fiberglass, as key components in enhancing overall energy efficiency and meeting increasingly stringent environmental standards in construction.
Based on End-Use, the Energy-Efficient Windows market is segmented into Residential, Non-residential, Others. The Residential segment's dominance in the Energy-Efficient Windows market is attributed to a growing consumer focus on energy savings, increased home comfort, and sustainable living, driving the adoption of energy-efficient window solutions in residential construction.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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