The global energy-efficient windows market is estimated to be USD 15.97 billion in 2024 and is projected to reach a valuation of USD 24.02 billion by 2029. It is predicted to register a CAGR of 8.5% during the forecast period.
An energy-efficient window in a home or building helps to reduce the usage of artificial heating and cooling. Glass or glazing, frame, and additional hardware are the three main components of these windows. These components provide significant protection against heat damage and heat acquisition from the environment. As a result, the home and building's energy usage is reduced. The energy efficiency of windows is governed by two primary variables. These include the solar heat gain coefficient (SHGC), which measures the amount of solar heat that passes through the window, and the U-factor, which determines how well the window insulates. The National Fenestration Rating Council of the United States approves every energy-efficient window product based on SHGC and U-factor, which qualifies it for the Energy Star Rating.
Like conventional windows, energy-efficient windows provide light, ventilation, and warmth while also focusing on decreasing the need for artificial heating and cooling. With air conditioning standards and any additional heaters or cooling activities, efficient windows keep the building at a comfortable temperature. This occurs by overcoming limitations in use, consuming less energy from fossil-fuel sources such as coal or natural gas power plants, and resulting in a far more environmentally friendly building. As a result of technological advancements, windows can now defend against heat and cold up to four times better than traditional windows.
The expansion of the global Energy-efficient Windows Market is being fuelled by an increase in construction around the globe, the acceptance of green buildings, and a rise in demand for energy-efficient infrastructure for facilities. Furthermore, buyers' rising standard of living has supported industry expansion.
The primary driving reason for energy-efficient windows around the world is rapid expansion in the construction industry, combined with the adoption of green buildings. Global construction growth, along with growing pollution levels, has prompted the government to adopt drastic measures to combat rising carbon emissions. This entails changes to several construction codes related to energy conservation. Another critical reason driving the growth of the Energy-efficient Windows Market is the reduction in energy and air conditioning expenditures as a result of the adoption of energy-efficient windows. The installation of energy-efficient windows can help you save up to 15% on your annual air conditioning costs.
Furthermore, increased demand for electricity, owing to population growth and increased reliance on electric devices, artificial air conditioning, and other factors, stimulates the need for energy-efficient technologies. Governments have been directed to establish regulations for reducing the carbon footprint of homes as a result of increased awareness about environmental sustainability and global recognition of climate change. To achieve these goals, governments frequently provide various subsidies for the replacement of aging windows and heaters that reduce energy waste. As a result of this assistance, demand for energy-efficient windows as a replacement for outdated windows grows, propelling the Energy-efficient Windows Market forward.
Furthermore, rising consumer living standards, combined with dramatic temperature swings across different zones, have increased the need for air conditioning and heating systems in both residential and commercial structures. In Greece, for example, almost 90% of residences have air conditioning. More air conditioning necessitates a higher energy demand, resulting in greenhouse gas emissions. Because of these goods' ability to adjust room temperature, emissions will be reduced while power usage is reduced.
Despite the numerous benefits of energy-efficient windows, some obstacles limit and restrict the overall market's growth. The high initial cost of energy-efficient windows is a major stumbling block to market expansion. Energy-efficient windows include more complicated elements and glass coatings than standard windows, which raises their manufacturing costs. Furthermore, the installation of these windows necessitates expert labour, which increases the cost of installation.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
8.5% |
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Segments Covered |
By Type, Adoption, Application, and Region |
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Various Analyses Covered |
Global, Regional, & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Saint-Gobain, Asahi Glass, YKK AP, Jeld-Wen Holdings, Nippon Sheet Glass, PPG Industries, Masco Corporation, Builders Firstsource, Schott, Ply Gem Holdings, and others. |
The market is divided into two types: Double Glazing and triple low-E Glazing. In the worldwide Energy-efficient Windows Market, the double-glazing segment holds the most significant market share and is predicted to grow at the fastest CAGR during the forecast period. To limit heat transfer, a double window is separated by a vacuum or gas-filled area. Reduced exterior heat flows may stimulate demand by increasing the necessity to keep room temperature in residential and commercial buildings.
The market is divided into two categories based on application: residential and commercial. In the global Energy-efficient Windows Market, the residential sector holds the most significant market share and is predicted to grow at the fastest CAGR over the forecast period. The extensive need for window replacement due to the thermal inefficiency and air leakage difficulties created by standard single-pane windows has contributed to the segment's rise. Over the predicted horizon, commercial applications are expected to grow at a significant rate. Fast commercialization with a government commitment to encourage energy-efficient construction is expected to propel the business forward.
In 2021, replacement adoption contributed the most to market share. Buildings that are 15 to 20 years old are generally in need of replacement, which could spur industry expansion. In addition, as a result of increased renovation efforts, particularly in North America and Europe, due to dual-income families and higher living conditions, these items are being used to reduce annual consumption. Insulation usage is expected to grow at a rate of over 11% each year until 2027. Segment revenue is projected to be driven by high replacement costs. On average, a 2500 square foot house costs more than USD 15,000 to replace, which is roughly 50% to 60% more than insulation.
Throughout the study period, North America is expected to have the most significant market share. The demand for energy-efficient windows in these regions would be influenced by rising real estate investments and research into various new approaches to improve efficiency and reduce power consumption. The market for energy-efficient windows in the United States is still growing at over 10% each year. Significant government support for marketing energy-efficient items has been seen in the region. Furthermore, the expanding construction sector in China, Japan, and India, in particular, may have a positive impact on market demand in the Asia Pacific region over the projection period. While Europe's market share is still tiny in terms of penetration, it is expected to grow significantly during the forecast period.
Saint-Gobain
Asahi Glass
YKK AP
Jeld-Wen Holdings
Nippon Sheet Glass
PPG Industries
Masco Corporation
Builders Firstsource
Schott
Ply Gem Holdings
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By Type
Double Glazing
Triple Low-E Glazing
By Application
Residential
Commercial
By Adoption
Replacement Adoption
Insulation Adoption
By Region
North America
Asia Pacific
Europe
Latin America
Middle East & Africa
Frequently Asked Questions
Energy-efficient windows typically feature advanced glazing technologies, such as low-emissivity coatings and multiple panes with insulating gas fills, which reduce heat transfer and improve thermal insulation. This leads to lower energy usage for heating and cooling purposes.
Many governments offer incentives, tax credits, or rebates to encourage the adoption of energy-efficient technologies, including windows. These incentives vary by region and may include financial incentives, grants, or subsidies for homeowners, businesses, or contractors.
Energy-efficient windows help maintain more consistent indoor temperatures by reducing heat loss in the winter and heat gain in the summer. This results in improved comfort levels for occupants, with fewer drafts and temperature fluctuations.
Yes, existing windows can often be upgraded to improve energy efficiency by adding features such as storm windows, weatherstripping, or retrofit glazing systems. However, the effectiveness of these upgrades may vary, and in some cases, replacing the windows entirely with energy-efficient models may be more beneficial in the long run.
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