Energy-efficient windows market is expected to grow at CAGR of 8% by 2022.
Energy efficiency is the use of less energy to provide the same service. Energy-efficient windows provide space heating and lighting to homes. Rapid growth in construction industry is the primary driving factor of energy-efficient windows market. The increasing popularity of energy-efficient windows due to being, cost-effective and eco-friendly, is fuelling the market demand. Also, strict regulations issued by International Energy Agency to conserve energy has further propelled the demand for such windows. However, fluctuations in raw material prices may hamper the growth of energy-efficient windows market.
Study Objectives of Global Energy-efficient windows Market
Regional Analysis of Global Energy-Efficient windows Market
Europe dominates the global energy-efficient windows market followed by North America and Asia-Pacific. This is mainly due to government initiatives for energy saving. However, the growth here, is expected to have moderate pace during the forecast period. Asia-Pacific is expected to grow at the fastest pace during the forecast period.
The key players of global energy-efficient windows market are Saint Gobain S.A. (France), Asahi Glass Co., Ltd. (Japan), Nippon Sheet Glass Co. Ltd. (Japan), SCHOTT AG (Germany), Central Glass Co. Ltd. (Japan), Masco Corporation (U.S.), Builders FirstSource, Inc. (U.S.), Jeld-Wen Holding, Inc. (U.S.), YKK AP, Inc. (Japan), Ply Gem Holdings, Inc. (U.S.) and others.
|Market Size||2027: Significant Value|
|CAGR||8% CAGR (2020-2027)|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||by Technology, by Application, by Material|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Saint Gobain S.A. (France), Asahi Glass Co., Ltd. (Japan), Nippon Sheet Glass Co. Ltd. (Japan), SCHOTT AG (Germany), Central Glass Co. Ltd. (Japan), Masco Corporation (U.S.), Builders FirstSource, Inc. (U.S.), Jeld-Wen Holding, Inc. (U.S.), YKK AP, Inc. (Japan), Ply Gem Holdings, Inc. (U.S.)|
|Key Market Opportunities||
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
Energy-efficient windows are used to insulate construction projects and regulate the internal temperature by trapping heat, thus allowing the owner to make savings on HVAC equipment.
Global energy-efficient windows market is expected to exhibit a strong 8% CAGR over the forecast period till 2022.
Growing awareness among consumers about the benefits of energy-efficient windows is the major driver for the market.
Europe dominates the global energy-efficient windows market.
Leading players in the global energy-efficient windows market include Saint Gobain, Asahi Glass, and Schott AG, among others.