The Global Energy-efficient window Market is projected to reach a value of over USD 25.38 billion by 2027 at a CAGR of 8.0%.
In buildings, windows are the source warmth and light, but these windows also contribute immensely in heat loss. Energy-efficient window alternatively termed as energy saving window is the window designed in a way to reduce artificial heating and cooling within an infrastructure. These windows are insulated that reduce the overall carbon footprint through minimizing the use of energy for operating temperature controlling equipment.
Market Driver:
Increasing demand for energy from residential and non-residential areas along with changing climate and reducing carbon emission is emerged as the global concern. Significant efforts towards building a gap between visual comfort and energy efficiency is generating higher need for development of innovative and high performing windows or glazing system. As per the US Department of Energy, approximately 25-30% of the building energy is loss due to inefficiency of windows installed. Owing to aforementioned factor to save energy for development of fruitful outcome, is driving the demand for energy efficient windows.
Globally, construction activities are on rise, owing to growing population leading to higher demand for residential as well as commercial construction. Increasing commercial activities in China, US, India and other countries is fueling the construction market. Furthermore, ongoing industrialization, urbanization and increasing shift towards nuclear families is boosting the construction of new building. In addition to this, higher disposable income resulting into increase in standard of living among the population is boosting the market growth.
Market Restraint:
The growth of the energy-efficient windows market is expected to hinder owing to its high initial and installation cost. The production and installation cost of the energy-efficient windows is higher when compared to other windows. In case of refurbishment, entire grid of the old windows need to be replaced for installation of new energy-efficient windows, which sum up the overall cost.
The report on the energy-efficient window market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Component, Glazing Material and Application |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Energy-efficient Window Market, by Component
Energy-efficient Window Market, by Glazing Material
Energy-efficient Window Market, by Application
Energy-efficient Window Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE ENERGY-EFFICIENT WINDOW MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY