Press release
Global Energy Efficient Windows Market to Reach $16.33 Billion by 2029, Growing at 5.3% CAGR
Energy Efficient Windows
The rise in environmental consciousness and the extensive implementation of green buildings is anticipated to drive the expansion of the energy-efficient windows market. Green buildings involve the process of constructing and employing methods that are eco-friendly and resource-saving, right from the start to the finish of the building's construction. These energy-conserving structures considerably cut back on the energy used for heating and cooling, irrespective of the energy source and equipment chosen for the building's heating or cooling. As an illustration, The World Economic Forum, a Switzerland-based global organization, reported in June 2024 that the transition towards environment-friendly building practices could generate a worldwide market potential valued at $1.8 trillion by 2030. Consequently, the growing environmental awareness and the extensive adoption of green buildings are propelling the advancement of the energy-efficient windows market.
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What is the projected compound annual growth rate (CAGR) of the energy efficient windows market from 2025 to 2034, and what factors influence it?
The market for energy-efficient windows has seen impressive expansion recently. The market size, which stood at $12.53 billion in 2024, is projected to grow to $13.26 billion by 2025, recording a 5.9% compound annual growth rate (CAGR). Factors contributing to growth over the historic period include the establishment of industry standards, early market acceptance, trends in architecture and design, public and government interventions, and environmental considerations.
In the coming years, the market for energy-efficient windows is forecast to experience robust growth. It is predicted to reach an estimated value of $16.33 billion by 2029, with a compound annual growth rate (CAGR) of 5.3%. This anticipated growth during the forecast period can be linked to factors such as rapid urbanization and a booming construction industry, the integration of renewable energy, increasing awareness and education, strict environmental regulations, and escalating energy costs. The forecast period will also see major trends like the adoption of a circular economy and sustainability, focus on health-centric designs, the incorporation of digitization and IoT, customization and aesthetics, the emergence of net-zero energy buildings, and the development of advanced insulation and glazing techniques.
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How are the latest trends influencing the growth of the energy efficient windows market?
The latest trend in the energy-efficient window equipment market is a heightened emphasis on research and development efforts to create more efficient window systems. Key players in the market are concentrating on the production of effective windows that facilitate energy conservation and limit waste. For instance, YES WORLD, a company based in Singapore, debuted its energy-efficient window solutions for residential and commercial properties in January 2023. The company's unique glass types, such as the double pane glass and sandwich glass, feature a patented layer that reflects the majority of the sun's radiant heat. This innovative solution corrects the shortcomings related to windows within the building envelope by reflecting 85 percent of the incoming heat, thereby considerably reducing solar heat accumulation and energy usage associated with HVAC loads.
What are the major segments of the energy efficient windows market and their role in driving growth?
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
Subsegments:
1) By Awning: Top-Hinged Awning Windows, Side-Hinged Awning Windows
2) By Casement: Left-Hinged Casement Windows, Right-Hinged Casement Windows
3) By Double-Hung: Traditional Double-Hung Windows, Tilt-In Double-Hung Windows
4) By Fixed: Large Fixed Windows, Small Fixed Windows
5) By Hopper: Top-Hinged Hopper Windows, Bottom-Hinged Hopper Windows
6) By Sliding: Horizontal Sliding Windows, Vertical Sliding Windows
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Which regions are key players in the growth of the energy efficient windows market?
North America was the largest region in the energy efficient windows market in 2024. Asia-Pacific is expected to be the fastest growing market in energy efficient windows market share. The regions covered in the energy efficient windows market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the energy efficient windows market?
Major companies operating in the energy efficient windows market include 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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What Is Covered In The Energy Efficient Windows Global Market Report?
•Market Size Forecast: Examine the energy efficient windows market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the energy efficient windows market for a structured understanding.
•Key Players Overview: Analyze major players in the energy efficient windows market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the energy efficient windows market.
•Segment Contributions: Evaluate how different segments drive overall growth in the energy efficient windows market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the energy efficient windows market.
•Industry Challenges: Identify potential risks and obstacles affecting the energy efficient windows market.
•Competitive Landscape: Review strategic developments in the energy efficient windows market, including expansions, agreements, and new product launches.
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