-- Energy Efficient Windows Market is mainly driven by government initiatives to minimize annual energy consumption and carbon emissions. For instance, the EU has committed decrease over 300 million tons CO2 emissions annually, mainly focusing on residential and commercial buildings. Also, the U.S government has initiated Building Technologies Program (BTP). BTP works with municipal, state, federal organizations, and industry to achieve marketable net zero energy buildings by focusing of minimizing overall consumption required for cooling and heating.
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Strong global drive for reducing energy consumption along with rising awareness to curb GHG emissions will influence energy efficient windows market growth over the years to come. For instance, energy efficient windows help in the energy conservation for heating and cooling activities across residential constructions. Commercial and residential constructions account for a major portion of carbon emissions, thereby favorably influencing the global industry trends over the next few years. In addition to this, the booming construction sector is expected to contribute substantially toward the energy efficient windows industry revenue in the near future.
Double glazed energy efficient windows market size contributed significantly towards global revenue 2015, owing to its room temperature maintaining coupled with minimizing external noise characteristics. Whereas, triple low-e glazing is forecast to expand at a greater rate of over 11% CAGR up to 2024.
Energy efficient windows finds extensive application across commercial and residential sectors. Commercial application is expected to grow at a CAGR of 10% over the coming timeframe, due to favorable government policies supporting erection of green structures plus high rate of commercialization across the APAC regions. Rise in the number of construction activities along with high consumer awareness regarding energy conservation is forecast to boost energy efficient windows market revenue in the residential sector.
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U.S commercial applications were valued over USD 700 million in 2015. The country is still somewhat recovering from economic downturn, which is forecast to positively impact on energy efficient windows market for commercial application in the country.
Energy efficient windows market is highly competitive and industry participants are expected to dominate the global market share through product development as well as high R&D investments. Major market players include Pella Corporation, Milgard Manufacturing Incorporation, Andersen Corporation, Marvin Windows & Doors, Associated Material Incorporation, Soft-Lite, Atrium Corporation, JELD-WEN Incorporation, Kolbe & Kolbe Millwork Company Incorporation, and YKK AP Incorporation.
Table Of Content For This Research Report:
Chapter 4. Energy Efficient Windows Industry Glazing Insights
4.1. Global energy efficient windows market share by glazing, 2015 & 2024
4.2. Double Glazing
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. Triple Low-E glazing
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
Chapter 5. Energy Efficient Windows Industry Insights, By Adoption
5.1. Global energy efficient windows market share by adoption, 2015 & 2024
5.2. Replacement
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013 – 2024
5.3. Insulation
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 – 2024
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