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The market size for energy-efficient windows was estimated at USD 10.69 billion in 2022. From USD 11.49 billion in 2022 to USD 21.39 billion in 2030, the market for energy-efficient windows is anticipated to expand at a compound annual growth rate (CAGR) of 10.10%. The primary driver propelling the growth of the Energy-efficient Windows Market is an increase in construction around the globe, along with the adoption of green buildings and a rise in demand for energy-efficient building infrastructure.
The energy efficient market industry is growing mostly due to the decrease in energy and air conditioning costs brought on by the introduction of energy efficient windows. The installation of energy-efficient windows can reduce annual air conditioning costs by up to 15%. Additionally, the need for energy-efficient gadgets grows because to rising electricity demand brought on by population growth, growing dependence on electric appliances, artificial air conditioning, and other factors. By blocking the air vent from within the room, energy-efficient windows help to cut down on electricity waste. As a result, the room's temperature is maintained and artificial air heating and cooling are reduced, which in turn promotes the expansion of the sector for energy-efficient windows. The governments have also imposed restrictions for lowering the carbon footprint of households as a result of greater awareness about environmental sustainability as a result of the recognition of climate change on a worldwide scale. Governments frequently provide various incentives for the replacement of obsolete windows and furnaces, which result in energy waste, in order to execute such measures. These subsidies increase the demand for energy-efficient windows as replacements for older windows, which in turn propels the market's expansion.
The market for energy-efficient windows is expected to rise thanks to the building sector's rapid expansion. People are less aware of the advantages of these window systems in several emerging or underdeveloped nations in APAC, Africa, and South America. The energy effectiveness of a building is not well understood. This deters people in these nations from purchasing insulating products. When constructing infrastructure for commercial or residential buildings, many architects and engineers in these nations ignore the building's energy efficiency. They are unaware of the financial benefits that can be realized when building low-energy homes with energy-efficient windows. Because consumers and builders are often unaware of the many advantages of energy-efficient windows, such as improved thermal and lighting performance, decreased condensation, and decreased fading of interior furnishings, they frequently disregard building regulations for weather conditions and choose the incorrect type of window, which may be more expensive or not be as efficient.
The market demand is being fueled by the rising acceptance of cost- and environmentally-friendly energy-efficient windows. Green buildings are increasingly in demand in the commercial construction sector of developing nations. Adoption of energy-efficient windows, which reduces energy consumption and air conditioning expenses, is a key factor in the growth of the market for energy-efficient products. Additionally, the market for energy-efficient windows has increased and will continue to grow as major competitors implement additional strategies. Demand for such windows has grown even more as a result of the strict energy-saving rules set forth by the International Energy Agency.
Additionally, every energy-efficient window product is acknowledged by the National Fenestration Rating Council (NFRC) of the United States based on SHGC and U-factor, certifying it for the Energy Star Rating. Along with double and triple glazing, low emissivity (Low-E) coatings, and argon and krypton gas filling between the panels, energy-efficient windows are also available. Another element boosting the growth of the Energy-Efficient Windows market revenue is the potential 15% annual cost savings that customers who install energy-efficient windows may experience.
According to data published by the Glass Alliance Europe, total glass output in Europe decreased by 2.6% from 2019 (36.80 million tonnes) to a volume of 35.85 million tonnes in 2020. For each glass subsector, the COVID-19 epidemic had varying effects on the glass market. Europe produced 10.8 million tonnes less flat glass in 2020 compared to 11.4 million tonnes in 2019. The construction and remodeling industry also came to a standstill due to restrictions, which had a direct impact on the demand for energy-efficient windows. The lockout also had an impact on many households' disposable income, which further reduced their purchasing power. Each of these elements has had a detrimental effect on the market for energy-efficient windows worldwide.
The effects of COVID-19 were detrimental to the construction industry. With limitations on non-essential activity, the industry almost collapsed globally. Approximately USD 152 billion was invested globally on energy efficiency in the building sector in 2019, according to the International Energy Agency (IEA). The COVID-19 pandemic, however, was expected to have reduced a number of building construction activities, including new and ongoing projects, onsite productivity, and contract value, by 24% in 2020 compared to 2019. The year 2021 has seen a recovery in activity, nevertheless.
Report Coverage
Global Energy-Efficient Window research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Energy-Efficient Window report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Energy-Efficient Window competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Energy-Efficient Window market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Energy-Efficient Window market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Energy-Efficient Window market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Andersen Corporation, Marvin, Rehau Limited, Cornerstone Building Brands (Ply Gem Residential Solutions), YKK AP, Inc. (Japan), Jeld-Wen Holding, Inc. (U.S.), Builders FirstSource, Inc. (U.S.), Deceuninck NV (Belgium) and PGT, Inc. (US) are some of the key players in the energy-efficient windows market. Other players include Apogee Enterprises Inc. (US), Schott AG (Germany), Ply Gem Holdings, Inc. (US), Central Glass Co. Ltd (Japan), Associated Materials LLC (US), China Glass Holdings Ltd (China), and VKR Holding A/S (Denmark), Saint Gobain S.A. (France), Asahi Glass Co. Ltd. (Japan), Nippon Sheet Glass Co. Ltd. (Japan), Masco Corporation (U.S.).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Energy-Efficient Window market based on the below-mentioned segments:
Global Energy-Efficient Window Market, By Operating Type
Awning
Casement
Double-hung
Fixed
Hopper
Sliding
Global Energy-Efficient Window market, By Component
Frame
Glass
Hardware
Global Energy-Efficient Window Market, By End User
Residential
Non-residential
Global Energy-Efficient Window market, Regional Analysis
The energy efficient market industry is growing mostly due to the decrease in energy and air conditioning costs brought on by the introduction of energy efficient windows. The installation of energy-efficient windows can reduce annual air conditioning costs by up to 15%. Additionally, the need for energy-efficient gadgets grows because to rising electricity demand brought on by population growth, growing dependence on electric appliances, artificial air conditioning, and other factors. By blocking the air vent from within the room, energy-efficient windows help to cut down on electricity waste. As a result, the room's temperature is maintained and artificial air heating and cooling are reduced, which in turn promotes the expansion of the sector for energy-efficient windows. The governments have also imposed restrictions for lowering the carbon footprint of households as a result of greater awareness about environmental sustainability as a result of the recognition of climate change on a worldwide scale. Governments frequently provide various incentives for the replacement of obsolete windows and furnaces, which result in energy waste, in order to execute such measures. These subsidies increase the demand for energy-efficient windows as replacements for older windows, which in turn propels the market's expansion.
The market for energy-efficient windows is expected to rise thanks to the building sector's rapid expansion. People are less aware of the advantages of these window systems in several emerging or underdeveloped nations in APAC, Africa, and South America. The energy effectiveness of a building is not well understood. This deters people in these nations from purchasing insulating products. When constructing infrastructure for commercial or residential buildings, many architects and engineers in these nations ignore the building's energy efficiency. They are unaware of the financial benefits that can be realized when building low-energy homes with energy-efficient windows. Because consumers and builders are often unaware of the many advantages of energy-efficient windows, such as improved thermal and lighting performance, decreased condensation, and decreased fading of interior furnishings, they frequently disregard building regulations for weather conditions and choose the incorrect type of window, which may be more expensive or not be as efficient.
The market demand is being fueled by the rising acceptance of cost- and environmentally-friendly energy-efficient windows. Green buildings are increasingly in demand in the commercial construction sector of developing nations. Adoption of energy-efficient windows, which reduces energy consumption and air conditioning expenses, is a key factor in the growth of the market for energy-efficient products. Additionally, the market for energy-efficient windows has increased and will continue to grow as major competitors implement additional strategies. Demand for such windows has grown even more as a result of the strict energy-saving rules set forth by the International Energy Agency.
Additionally, every energy-efficient window product is acknowledged by the National Fenestration Rating Council (NFRC) of the United States based on SHGC and U-factor, certifying it for the Energy Star Rating. Along with double and triple glazing, low emissivity (Low-E) coatings, and argon and krypton gas filling between the panels, energy-efficient windows are also available. Another element boosting the growth of the Energy-Efficient Windows market revenue is the potential 15% annual cost savings that customers who install energy-efficient windows may experience.
According to data published by the Glass Alliance Europe, total glass output in Europe decreased by 2.6% from 2019 (36.80 million tonnes) to a volume of 35.85 million tonnes in 2020. For each glass subsector, the COVID-19 epidemic had varying effects on the glass market. Europe produced 10.8 million tonnes less flat glass in 2020 compared to 11.4 million tonnes in 2019. The construction and remodeling industry also came to a standstill due to restrictions, which had a direct impact on the demand for energy-efficient windows. The lockout also had an impact on many households' disposable income, which further reduced their purchasing power. Each of these elements has had a detrimental effect on the market for energy-efficient windows worldwide.
The effects of COVID-19 were detrimental to the construction industry. With limitations on non-essential activity, the industry almost collapsed globally. Approximately USD 152 billion was invested globally on energy efficiency in the building sector in 2019, according to the International Energy Agency (IEA). The COVID-19 pandemic, however, was expected to have reduced a number of building construction activities, including new and ongoing projects, onsite productivity, and contract value, by 24% in 2020 compared to 2019. The year 2021 has seen a recovery in activity, nevertheless.
Report Coverage
Global Energy-Efficient Window research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Energy-Efficient Window report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Energy-Efficient Window competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Energy-Efficient Window market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Andersen Corporation, Marvin, Rehau Limited, Cornerstone Building Brands (Ply Gem Residential Solutions), YKK AP, Inc. (Japan), Jeld-Wen Holding, Inc. (U.S.), Builders FirstSource, Inc. (U.S.), Deceuninck NV (Belgium) and PGT, Inc. (US) are some of the key players in the energy-efficient windows market. Other players include Apogee Enterprises Inc. (US), Schott AG (Germany), Ply Gem Holdings, Inc. (US), Central Glass Co. Ltd (Japan), Associated Materials LLC (US), China Glass Holdings Ltd (China), and VKR Holding A/S (Denmark), Saint Gobain S.A. (France), Asahi Glass Co. Ltd. (Japan), Nippon Sheet Glass Co. Ltd. (Japan), Masco Corporation (U.S.). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Energy-Efficient Window Market from 2021 to 2030.
- Market Forecast for Energy-Efficient Window Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Energy-Efficient Window competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Energy-Efficient Window
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Energy-Efficient Window market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Energy-Efficient Window market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Andersen Corporation, Marvin, Rehau Limited, Cornerstone Building Brands (Ply Gem Residential Solutions), YKK AP, Inc. (Japan), Jeld-Wen Holding, Inc. (U.S.), Builders FirstSource, Inc. (U.S.), Deceuninck NV (Belgium) and PGT, Inc. (US) are some of the key players in the energy-efficient windows market. Other players include Apogee Enterprises Inc. (US), Schott AG (Germany), Ply Gem Holdings, Inc. (US), Central Glass Co. Ltd (Japan), Associated Materials LLC (US), China Glass Holdings Ltd (China), and VKR Holding A/S (Denmark), Saint Gobain S.A. (France), Asahi Glass Co. Ltd. (Japan), Nippon Sheet Glass Co. Ltd. (Japan), Masco Corporation (U.S.).
Primary Target Market
- Market Players of Energy-Efficient Window
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Energy-Efficient Window market based on the below-mentioned segments:
Global Energy-Efficient Window Market, By Operating Type
Awning
Casement
Double-hung
Fixed
Hopper
Sliding
Global Energy-Efficient Window market, By Component
Frame
Glass
Hardware
Global Energy-Efficient Window Market, By End User
Residential
Non-residential
Global Energy-Efficient Window market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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