Press release
Energy-Efficient Windows Market Witnesses Robust Growth Amid Sustainability Trends
Energy-efficient Windows Market
The global energy-efficient windows market is experiencing robust growth, projected to expand from USD 14.85 billion in 2024 to USD 23.08 billion by 2030, at a compound annual growth rate (CAGR) of 6.50% . This surge is fueled by increasing awareness of environmental sustainability, stringent building codes, and the rising demand for energy conservation in residential and commercial buildings.
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◆ Energy-efficient Windows Market Competitive Landscape and Regional Demand
The market is characterized by the presence of key players such as Andersen Corporation, Pella Corporation, Marvin Windows and Doors, JELD-WEN, Inc., and Saint-Gobain S.A. . Europe dominated the market in 2024, accounting for 37% of the global revenue, while Asia-Pacific is anticipated to witness the highest CAGR of 8.7% during the forecast period .
◆ Country-Specific Developments
Growth Opportunities in Vietnam
Vietnam is witnessing growth in the energy-efficient windows market due to increasing urbanization and government initiatives promoting sustainable building practices. The emphasis on energy conservation is driving the adoption of energy-efficient windows in both residential and commercial sectors.
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Trends in Thailand
Thailand's construction industry is embracing energy-efficient solutions to meet environmental regulations and reduce energy consumption. The demand for energy-efficient windows is rising, particularly in urban areas where new construction projects are prevalent.
Technological Advancements in Japan
Japan is at the forefront of technological innovation in energy-efficient windows, with companies like Asahi Glass Co. Ltd. leading advancements in glazing technologies. The market is projected to reach USD 1.0 billion by 2030, reflecting a strong CAGR .
Consolidation in South Korea
South Korea's market is experiencing consolidation, with major players investing in research and development to introduce advanced energy-efficient window solutions. The focus on smart cities and sustainable infrastructure is propelling market growth.
Updation in Singapore
Singapore is updating its building codes to incorporate energy-efficient standards, leading to increased adoption of energy-efficient windows. Government incentives and a focus on green buildings are driving market expansion.
Growth in the United States
The U.S. market generated USD 4.3 billion in revenue in 2024 and is expected to reach USD 6.6 billion by 2030, growing at a CAGR of 7.2% . The implementation of the Energy Star program and increasing awareness of energy conservation are key drivers.
Opportunities in China
China's rapid urbanization and government policies promoting energy efficiency are creating opportunities in the energy-efficient windows market. The focus on reducing carbon emissions is encouraging the adoption of sustainable building materials.
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Trends in Europe
Europe held the largest market share in 2024, with a strong emphasis on reducing energy consumption in buildings. The European Union's commitment to decrease over 300 million tons of emissions annually is fostering the adoption of energy-efficient windows .
◆ Key Recent Developments
May 2023: Andersen Corporation announced that its 400 Series windows received the ENERGY STAR® certification, highlighting the company's commitment to energy efficiency .
March 2018: Andersen Corporation acquired Heritage Windows and Doors, a manufacturer specializing in high-performance aluminum windows and doors, to enhance its product portfolio .
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◆ Energy-efficient Windows Market Segmentation:
By Component
Glass
Frame
Hardware
By Application
Replacement & renovation
New construction
By End-Use
Residential
Non-residential
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