The Global Energy-Efficient Window Market Was Valued At USD 14.79 Billion In 2021 And Is Expected To Reach USD 24.06 Billion By The Year 2028, At A CAGR Of 7.2%.
An energy-efficient window helps in lowering the amount of artificial heating and cooling that is used in a structure. Windows that insulate against heat and cold four times better than normal windows have been made possible by technological breakthroughs in the previous 25 years. The burden exerted on heating and cooling systems as well as their operational expenses are decreased by increased insulation in energy-efficient windows. Energy-efficient glass windows offer outstanding thermal comfort to any area because they can maintain appropriate interior temperatures. A variety of materials and designs are available for energy-efficient windows.
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Top Key Players Covered In The Energy-Efficient Window Market:
Apogee Enterprises Inc. (US), Asahi Glass Co. Ltd. (Japan), Saint-Gobain SA (France), Central Glass Co. Ltd. (Japan), Atrium Corporation (US), SCHOTT AG (Germany), Builders FirstSource Inc. (US), Dunes Point Capital (US), Anderson Corp. (US), SVPGLOBAL (US), and Other Major Players.
Market Dynamics and Factors:
In areas with a lot of moisture, condensation may be a major issue. When it comes to moisture, bathrooms, and kitchens are typically the worst offenders. Before it condenses on the cool glass, the moisture in the air vaporizes, forming pools and streaks. Additionally, the increased water content might promote the spread of mildew, which can harm homes and other properties. Energy-efficient windows may significantly reduce condensation in the home, which will help the market for these windows grow throughout the projection period. Additionally, the predicted growth of the energy-efficient window market is being bolstered by the increasing adoption of energy-efficient windows in hospitals, hotels, workplaces, airports, and educational institutions.
There is a high demand for energy-efficient windows because people in developed and developing countries are becoming more aware of the benefits of these windows over standard ones. More than 20% of the energy used in American buildings comes from residential structures. Additionally, they represent 25% to 30% of total home heating and cooling energy use. To maintain a comfortable temperature in the room, more power is required. Thus, energy-efficient windows are being used in commercial buildings in the US, providing profitable opportunities for market participants in this area. The cost of building hospitals and educational institutions has increased in emerging nations, opening up lucrative opportunities for market participants.
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Key Industry Development:
In January 2022, SVPGLOBAL announced its acquisition of Associated Materials, a globally renowned manufacturer of vinyl windows, vinyl cladding, and metal siding and trim with $1.6 billion in annual sales and a vertically integrated building products firm. Following the purchase, Associated Materials will join SVPGLOBAL’s portfolio of companies and continue to offer its customers high-quality products and services.
Energy-Efficient Window Market Segmentation:
- Double Glazing
- Triple Low-E Glazing
- Replacement & Renovation
- New Construction
For this report, Introspective Market Research has segmented the Energy-Efficient Window Market based on region:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Scope of the Report:
The latest research on the Energy-Efficient Window market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Energy-Efficient Window industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Energy-Efficient Window market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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