Press release
Energy Efficient Windows Market 2024 - By Industry Share, Growth Analysis, Technological Innovations, Opportunities, New Business Strategies And Forecast To 2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Energy Efficient Windows Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The energy efficient windows market size has grown strongly in recent years. It will grow from $11.95 billion in 2023 to $12.71 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to industry standards development, early market adoption, architectural and design trends, public and government initiatives, environmental concerns.
The energy efficient windows market size is expected to see strong growth in the next few years. It will grow to $15.56 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to urbanization and construction boom, renewable energy integration, growing awareness and education, stringent environmental regulations, rising energy costs. Major trends in the forecast period include circular economy and sustainability, health-centric design, digitalization and IoT integration, customization and aesthetics, net-zero energy buildings, advanced insulation and glazing.
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Market Segmentation:
The energy efficient windows market covered in this report is segmented -
1) By Operating Type: Awning, Casement, Double-hung, Fixed, Hopper, Sliding
2) By Component: Frame, Glass, Hardware
3) By Glazing Type: Double Glazing, Triple Glazing, Other Glazing Types
4) By Application: New Construction, Renovation And Reconstruction
5) By End User: Residential, Non Residential
Major Driver - Role Of Energy-Efficient Windows In The Growing Green Building Movement
Increasing environmental awareness and the widespread adoption of green buildings are expected to propel the growth of the energy-efficient windows market. Green buildings have adopted the practice of creating structures and using processes to create environmentally responsible and resource-efficient buildings from the beginning to the end of the construction of the building. These energy-efficient buildings provide a significant reduction in the energy required for heating and cooling, independent of the energy and the equipment that will be chosen to heat or cool the building. For instance, according to EnergyStar, a US-based government-backed symbol for energy efficiency, in the year 2021, more than 2.3 million ENERGY STAR certified new homes and apartments were built, including over 120,000 in that year alone. The ENERGY STAR program for commercial buildings helped businesses and organizations save energy, avoid billions of dollars in energy costs, and achieve significant greenhouse gas reductions. Therefore, increasing environmental awareness and the widespread adoption of green buildings are driving the growth of the energy efficient windows market.
Competitive Landscape:
Major companies operating in the energy efficient windows market report are Saint-Gobain S.A., Buiders first source Inc., PPG Industries Ltd., Masco Corporation, Asahi Glass Co. Ltd., JELD-WEN Holding Inc., Anderson Corporation, Associated Materials LLC, Schott AG, VKR Holding A/S, Ply Gem Holdings Inc., The Rehau group, PGT Inc., Apogee Enterprises Inc., Central Glass Co. Ltd., Sise Ve Cam Fabrikalari, Deceuninck NV, Drew Industries Incorporated, China Glass Holdings Limited, Nippon Sheet Glass Co. Ltd, SoftLite Windows & Doors, Kolbe & Kolbe Millwork Co. Inc., YKK AP America Inc., Quantum Windows & Doors Inc., Ideal Window Manufacturing Inc., Inline Fiberglass Ltd., Don Young Company, Building Materials Holding Corporation, Kensington HPP Inc., GlassCrafters Inc., WeatherBarr Windows & Doors, Thermal Windows & Doors LLC, United Window & Door Manufacturing Inc., Window World Inc., Vista Window Company
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Top Trend - Transparent Glass Coatings Spearhead Sustainable Building Solution
Major companies operating in the energy-efficient windows market are focusing on product innovations such as transparent glass coatings for energy-efficient windows to enable sustainable buildings to regulate the internal temperature of buildings. Transparent glass coating refers to a thin layer or film applied to the glass surfaces of energy-efficient windows to enhance their properties, appearance, or functionality while maintaining transparency. For instance, in July 2023, Heat Cure Glass Coating, an India-based manufacturing company, launched heat cure glass coating products for energy-efficient windows with nanotechnology-based transparent liquid coating that protects from heat and harmful rays, keeping the house cool in summers and warm in winters. The coating is said to have a shelf life of up to 12 years without any maintenance and offers more than 76% visible light transmission over 3mm glass.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Energy Efficient Windows Market Characteristics
3. Energy Efficient Windows Market Trends And Strategies
4. Energy Efficient Windows Market - Macro Economic Scenario
5. Energy Efficient Windows Market Size And Growth
…..
27. Energy Efficient Windows Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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